I hope you achieved your financial goals in FY24 and enjoy a prosperous FY25. Here’s a quick overview of what’s happening with tax, business and the economy: - Inflation hits 4.0%% - EOFY inducing stress - Construction price growth slowing - Insolvency risk elevated
I’ve got the latest home loans and interest rates news for you, as well as a tax update for property investors given that tax season is just around the corner. - Rate outlook remains uncertain - Property investor tax alert - 23.8% of borrowers have large loans - Banking reforms announced
The news cycle is about to get very busy, with the federal budget just around the corner and end of financial year coming up fast. In the meantime, here’s what’s making news right now: