Currently, there has been much speculation about potential new policy changes on the superannuation and retirement income system, which has been further fuelled by the federal government's favourable response to the Financial Systems Inquiry in October 2015 [1]. In the current public de...
September 20, 2023 The tax system in Australia is a complex web of laws, regulations, and policies that outline the procedures for filing and paying taxes. COURTESY PHOTO Understanding how taxes work in any country can be a complex and daunting task. Australia is no exception, with its ...
If you invested ONLY when your political party was in power, you would be much worse off. Using S&P 500 and proxy data for 10 years and 50 years till December 2023 – Source:Steelpeak Wealth Slack Investor has seen the shape of the green curve on the right hand side before. It echoes...
the profit or capital gain may be subject to a capital gains tax (CGT). CGT is common globally, but Australia’s implementation is considered one of the world’s most complex, and the nuance in this regulation can have significant implications at tax time. It's important to ...
To employ people, you’ll need to comply with employment laws andpay their taxes and superannuation. How do sole traders pay themselves? Sole traders can choose how they want to be paid by salary or dividend. A stipend is an amount you agree to pay yourself each month, just like an empl...
How much does it cost to run payroll in Japan? Most payroll software is priced on a per-employee basis, or per pay run. Payroll service pricing varies according to: Payroll frequency. The number of employees on your payroll. The number of provinces and territories where you employ Japanese ...
Cover funeral costs (Don’t do anything fancy – just throw a massive party and invite all our friends! Maybe fly my fam out from Australia?) Take time off work, as much as you need. 6 months, 1 year, or longer, it’s up to you. ...
public pensionnational budgethousehold behaviorfinancial planningThis paper presents long term projections of the cost of public pensions in Australia, taking into account behavioural effects. I assume retirees make financialdoi:10.2139/ssrn.2251566Jie Ding...
Figuring out How Much Superannuation Is Enough?