The Reserve Bank of Australia kept official interest rates on hold at its September meeting this week. The cash rate remains at the historic low of 0.25%. RBA governor Philip Lowe said they had decided to increase the size of its funding facility and extend its availability until late June...
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$25,000 Grants for Homebuilders
The long-anticipated plan to boost the construction industry is finally underway, as the Federal Government will be handing out $25,000 grants to eligible homebuilders and renovators.
Employers granted one-off super amnesty
Employers who have underpaid their staff superannuation have been granted a one-off amnesty to make things right, but that doesn’t mean they’re completely ‘off the hook’. The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019, which just passed federal parliament, encourages employers to come forward and pay any unpaid superannuation in...