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The Tax Office has been interested in rental property owners for some years now. It is recognised that there are a significant number of investors, and the Tax Office see this as an area that taxpayers are understanding rental income and over claiming deductions. In particular, the Tax Office is aware that many of these investors are new to the market, and their experience is seen to be an area of risk.

For small businesses, keeping an eye on the core business, maintaining a healthy cash position, reducing operating expenses, increasing efficiency and strengthening existing supplier and customer relationships will all go a fair way to help ensure your business weathers today’s tough economic climate.

Has 2013 been a better year than last year for you so far? On a nationwide scale, recent surveys have shown the first few months of this year have been an improvement on 2012, with consumers and investors a little more confident about the strength of the Australian economy although some uncertainty does remain.

What motivates us to work? Contrary to conventional wisdom, it isn’t just money. But it’s not exactly joy either. It seems that most of us thrive by making constant progress and feeling a sense of purpose.

Dan Ariely, behavioural economist, presents two eye-opening experiments that reveal our unexpected and nuanced attitudes toward meaning in our work.

It’s become increasingly obvious that the dismal science of economics is not as firmly grounded in actual behaviour as was once supposed. In “Predictably Irrational”, Dan Ariely tells us why.

The election of the Liberal Government has given rise to some exposure draft legislation that will be put before the parliament very shortly. Some of these bills may give rise to taxation implications for some of you if the legislation is passed.

Struggling to get to the Christmas finishing line? The bad news is that the hardest weeks are still ahead… The good news is that it is not as hard as you think it may be! Here are some tips for facing the end of year madness!

Total and permanent disability (TPD) insurance can help pay for care and medical expenses in the event of a sudden serious illness or accident.

For business owners in the building and construction industry, by 21 July (28 July for quarterly instalment lodgers) you will need to report to the Australian Taxation Office all payments made to contractors during the financial year.

There are two important changes all employers should be aware of in relation to superannuation and new gender equality reporting requirements. The first of these is the changes to the superannuation regime which increase employer’s superannuation obligations starting from the 1st July 2013 to compulsory contributions of 9.25%.

Great investors don’t just read about world events, they analyse the likely trickle-down effects of those events on the industries and sectors in which they invest.