Impacts of Taking Your Super Early

Impacts of Taking Your Super Early

Your superannuation takes a journey of many years. Not unlike the long journey taken by Greek hero Odysseus your superannuation savings will face many trials and tests during its journey and even further challenges once you reach retirement. The government’s announcement allowing Australians to participate in the “coronavirus early release of super” was met with […]

Economic Stimulus Response Summary

Economic Stimulus Response Summary

FEDERAL GOVERNMENT The Australian Government announced an ENHANCED economic response to the Coronavirus after their initial response on 12 March 2020. The Government’s consolidated package of $189 billion represents fiscal and balance sheet support across the forward estimates of 9.7 per cent of annual GDP. The following summary combines all responses from the government as […]

Investment Property deductions are on the ATO’s Radar

Investment Property deductions are on the ATO’s Radar

Statistics recently published by the Australian Taxation Office (ATO) reveal that the vast majority of property investors are aged 40 years or older and they earn less than $80,000 per annum. If this sounds like one of your clients, then it’s important to take note! In an ATO media release in April 2019, Assistant Commissioner […]

<a href="https://www.bishopcollins.com.au/">Three things you should know about Superannuation</a>

Three things you should know about Superannuation

Let’s set the scene. You are currently working in Real Estate. You’re either a principle or employed as an agent. You may or may not love your job (like the rest of us), but you’re earning a reasonable salary, have most of the things you need and want, and you are breezing through life fairly […]

Meet Mike McFillin – part auditor, part detective

Meet Mike McFillin – part auditor, part detective

Mike McFillin has been in the auditing game long enough to have learned this basic truth of the business – people don’t get audited because they want to. But all practicing real estate agents who operate trust accounts are required by legislation to undergo periodic auditing. The result? Many agents choose the cheapest audit on […]