Depreciation Methods for Investment Properties

There are two methods allowed by the ATO, that you can use when claiming depreciation on fixtures and fittings within your investment properties. The first is diminishing value, and the second is the prime cost method. You may only choose one of these when claiming...

Best Business Apps

Your business can always benefit from an increase in efficiency and productivity, and the means of getting such increase have never been so available. Having the right apps on your phone, tablet and even desktop computer can help your business grow by making you more...

Changes to Strata Laws

The New South Wales Government’s Department of Fair Trading is said to be drafting the final Bill which will give effect to its strata law reforms.  Amongst other matters such reversing the default position on tenant pet ownership, these law reforms are designed to...

Protecting your Privacy

Privacy can mean different things to different people. Just to give a few examples, it can involve the protection of your bodily integrity, your peaceful and quiet enjoyment of property or even the preservation of important or secretive information. Although the...

Will you have enough money for retirement?

According to the ASFA Retirement Standard June 2013 quarter, below is the annual budget needed by Australians to fund a comfortable standard of living in their retirement years. Expenses ASFA Modest Standard of Living ASFA Comfortable Standard of Living Housing...