2025/26 Federal Budget

Balancing the Books: Key Takeaways from the 2025 Federal Budget - In the face of global economic challenges, Australia is experiencing a strong recovery with rebounding growth, moderating inflation, low unemployment, and rising real wages. The Government has achieved the first consecutive budget surpluses in nearly two decades, significantly reducing the deficit and lowering debt to ease interest costs. This Budget focuses on responsible economic management, continuing to tackle inflation, and delivering cost-of-living relief.  For our clients, we expect these measures create a stable financial environment, offering opportunities to plan, invest, and grow with confidence. Many will also appreciate a cheaper beer!

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Jenni Anderson
Market Update - Month Overview (February 2025)

Global markets showed a mixed performance in February, with European stocks rising and US equities slipping amid economic uncertainty. Australia’s ASX 200 fell 3.8% despite record highs earlier in the month. The RBA’s rate cut and global trade tensions weighed on sentiment, while strong employment data provided some resilience.

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Jenni Anderson
Elevated Capital Gains Tax Risk When Selling Your Home if it has been used for Business Purposes and potential use of the Small Business Concessions

An area seeing increasing attention from the Australian Taxation Office (ATO) is the potential for Capital Gains Tax (CGT) to apply when selling your home – particularly when that property has been used for the running of a business. It’s not all bad though, as you may also be able to utilise the Small Business Concessions and turn this situation to your advantage.

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Jenni Anderson