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Showing 1 - 10 of 659 results for "Rent"

ATO flags key focus areas this tax time

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
The Australian Taxation Office (ATO) has announced it will be taking a close look at three key areas where taxpayers make common mistakes this tax season. Incorrectly claiming work-related expenses, inflation claims for rental properties and failing ...

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings. "We all desperately want more Australians to ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... easier for institutional investors to manage their portfolios. It will also try to attract investors specifically to build-to-rent projects. Treasury will also publish more detail and public guidance on its approach to foreign investment and tax integrity ...

Aware builds property portfolio, adds 726 homes

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... Melbourne's inner south, and Preston in the city's north, marking an expansion to its role as one of the largest build-to-rent (BTR) developers in Australia. With a construction value of $320 million, the two projects will provide 726 dwellings, lifting ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... and gains. "So, if you obtain work through Uber, Airtasker or any of the many sharing economy platforms which allow you to rent out assets or your personal services, take heed. The ATO is now receiving reports from many platforms (including Uber), which ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
Rest has announced it is further diversifying its industrial property and impact investment allocations by signing on as a cornerstone investor in Fidelity International's Fidelity Real Estate Logistics Climate Impact Fund (LOGICs). The LOGICs fund ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
It's been all eyes on the US Federal Reserve as investors patiently await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... earners, if we're trying to support a minimum standard of living, it's really going to be done via the Age Pension, rent assistance and other supports," the Grattan Institute argued. The Coalition also criticised the Bill as "not urgent, non-binding ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... which followed Islamic Musharaka principles. Money borrowed to buy the property, which was placed in an SMSF, was repaid as rent and dividends rather than interest. The SMSF initiative follows Meezan's launch of a low-cost digital investing solution ...
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