RBA Lower Cash Rate by 0.25%
RBA: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow,…
The handbag vs briefcase deduction debate
If a man can claim a briefcase as a tax deduction why can’t women claim their handbags? After all, men often have a lot of personal items in their briefcases and working women are just…
What’s changing from 1 July 2016
Everyone New rules to prevent foreign residents avoiding tax when they sell certain Australian assets will affect everyone buying or selling property with a market value of $2 million or more. The 10% withholding obligation…
PPT Directors attend RSSS Fundraiser
Pictured: Michelle & Phillip Brown, Rebecca and Cameron Moore, Elissa and Jason Hargreaves Fine wine, food and song took centre stage last month at Craig’s Hotel as Royal South Street Society held a charity fundraiser…
Client Q&A: Conservation Volunteers – Ian Walker
Last month we spoke with Ian Walker, Director of Conservation at Conservation Volunteers, about the organisation’s origin, major achievements, managing volunteers and the disaster recovery efforts following the Scotsburn fires. How did Conservation Volunteers start out?…
PPT Team takes to the MCG
The Stadium Stomp is a major fundraiser for the Leukaemia Foundation, who conduct research into treatment and cures for Leukaemia, Lymphoma, Myeloma and related blood disorders and also provide support to people affected by these…
Surviving the Brexit Hangover
History frequently unfolds by accident rather than by design. The decision to enact on ‘Brexit’ has thrown a cloak of uncertainty over the future of the European project. The redefinition of the UK’s relationship with…
Implications of a Low Interest Rate Environment
The month of May defied the weight of investor apathy and continued its positive run over what is normally a seasonally weaker period, bolstered by another rate cut and improving US economic stats. Since then the…
Important year end tax planning information
With the 30 June just weeks away there are numerous things to consider for small businesses, trustees of discretionary trusts and companies in general. Here are a few of the main ones: Small Business Entities…
Budget to impact superannuation
The 2016-17 budget introduced a number of proposed changes to superannuation which are likely to affect many individuals. These include: A $500,000 lifetime non-concessional contributions cap which came into effect from Budget night taking into account…
