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As the cost of living continues to rise in Australia, many families are exploring ways to reduce their financial burdens. One topic of discussion has been whether joint tax returns could benefit couples by allowing them to split income and take advantage of lower tax rates. This potential change, if introduced, could offer significant tax …
Investors now believe there is a one-in-three chance of an August interest rate rise after inflation surged to its highest rate in six months in May. Economists have warned that underlying price pressures remain too strong. According to the Australian Bureau of Statistics, annual inflation rose to 4% in May, up from 3.6% in April. …
Inflation Hits Six-Month High, Raising Risk of a Rate Rise Read More »
As Australians focus on maximizing their superannuation returns, recent research from Rainmaker brings encouraging news: self-managed superannuation funds (SMSFs) maintain their status as the most cost-effective segment in the super sector. The study, part of Rainmaker Information’s Superannuation Benchmarking Report, explores the evolving dynamics of superannuation fees and their impact on consumers. Understanding the Numbers: …
Navigating the Landscape: SMSF Fees Continue to Lead the Way in Affordability Read More »