Posts Tagged ‘interest rates’
Property: It’s a buyer’s market!
While the cost of living continues to rise, property prices are declining. This is good news for those looking to buy property, especially if it’s for the first time. Indeed, the State Government has introduced to parliament a proposal to give home owners the option of choosing Stamp Duty OR Land Tax. So, what do…
Read MoreOverwhelming: Taxes about to increase as cost of living gets tighter
Federal Treasurer, Jim Chalmers has indicated that some tax and revenue measures may need to be adjusted (aka increased) in the next annual Federal Budget in May 2023, or as soon as 25 October when a mini budget is scheduled to be presented to Parliament. With interest rates and everyday expenses also rising, it’s important…
Read MoreWhat rising interest rates will do to business cashflow
It is likely Reserve Bank of Australia cash rate will rise to circa 2.5% by the end of the 2023 calendar year. This will put significant pressure on small business cash flow. Business owners need to act now to stay ahead of the game. The reason for the interest rate increase is largely the current…
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