News & Insights

If you’re running a small business in Australia, you’ve probably heard the term “instant asset write-off” tossed around—especially come tax time, and more recently in the news. 

Running a business comes with its fair share of challenges, but some warning signs indicate deeper problems that could jeopardise its long-term success. 

Whether you’re an owner, investor, or employee, recognising these red flags early can help you address issues before they escalate. 

Ever noticed your super balance going up and down, even when you haven’t made any changes? It’s not just about fees, contributions, or insurance premiums – it’s also about how your super fund calculates investment earnings.

Super funds use one of two methods to allocate investment earnings: unit pricing or crediting rates. While industry super funds have traditionally used crediting rates, most funds now use unit pricing, which works similarly to buying and selling shares in a company.

Natural disasters can cause significant damage to rental properties and business premises, leading to costly repairs and financial uncertainty. 

If you own a rental property or business premises that has been impacted, it’s important to understand what expenses you can claim and any income you need to declare during the recovery process.

Sustainability has become a key focus for businesses across all industries. 

Companies are increasingly recognising that sustainable business practices not only help the environment but also improve efficiency, reduce costs, and enhance their reputation with customers. 

Division 293 tax is an additional tax on concessional superannuation contributions for high-income earners in Australia. 

It is applied at a rate of 15% on certain super contributions when an individual’s combined income and concessional contributions exceed $250,000 in a financial year.