Team Q&A: Thomas Elford
Thomas Elford has been a key part of the PPT team since 2008, bringing over 15 years of experience to his role. Based in Lal Lal with his wife Nardia and their two children, George…
Are student loans getting too big?
Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access. In the US, average student debt is USD $37,693 (public and private debt) taking an average of…
Team Q&A: Kim Warke
Earlier this month, we caught up with a familiar face to many who have recently visited the office, PPT Customer Service Specialist Kim Warke. Born and raised in Ballarat, Kim once planned to move north…
What would a divorce mean for your business?
Breaking up is hard to do. Beyond the emotional and financial turmoil divorce creates, there are a number of issues that need to be resolved. What happens when there is a family company? For couples…
When is a gift, not a gift?
The Tax Commissioner has successfully argued that more than $1.6m deposited in a couple’s bank account was assessable income, not a gift or a loan from friends. The case of Rusanova and Commissioner of Taxation…
Is your home really tax-free?
The main residence exemption exempts your family home from capital gains tax (CGT) when you dispose of it. But, like all things involving tax, it’s never that simple. As the character of Darryl Kerrigan in…
Income Protection Insurance Explained
Income protection insurance can provide you with a portion of your regular income if you are unable to work for an extended period due to injury or illness. Unlike life insurance, which pays a lump sum…
Federal Budget 2024-25: Overview
On Tuesday night, Treasurer Jim Chalmers handed down the 2024-2025 Budget. The Treasurer promises that inflation will decline by 0.75% due to the 2024-25 Federal Budget initiatives, including energy relief for all households, a boost…
Should you become the ‘Bank of Mum and Dad’?
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price of a home in NSW is $1,184,500, the highest in the country. Canberra is next…
Don’t take company money!
The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company resources for their personal use. The business is often such…
