The Government’s recent law changes and policy announcements include some significant tax changes – a few of which we outline below: For residential investment property acquired on or after 27 March 2021, a 10 year bright-line test now applies. No interest deductions will be available for residential rental property acquired on or after 27 March 2021…
If you pass away and do not have a Will in place, this is called dying ‘intestate’. In this situation, the Administration Act 1969 comes into play and dictates how the next steps are undertaken. Your next of kin will need to apply to the court using a document called ‘Letters of Administration’ and ask…
One of the employment law reforms proposed by the Government was the introduction of “Fair Pay Agreements” (FPAs). An FPA would set minimum employment terms and conditions for all workers in the industry or sector covered by the agreement. This means that employers and employees could still agree on better pay and conditions than are…