New Government Incentives Introduced for Businesses

AS THE COMMERCIAL LANDSCAPE is constantly changing, it’s essential for businesses to remain up-to-date with the latest policy developments that may impact their financial strategies.

On 30 June 2030, temporary full expensing ended. Consequently, the Small Business Energy Incentive was introduced and the Instant Asset Write-Off was temporarily extended to a lower level.  

This article provides you with some insights into their implications for your business.   [Read more…]

Medical Centres – Depreciation Case Study 

THESE PAST FEW years have been challenging for the healthcare industry and medical centres in particular.

Issues with staffing, COVID-19, and larger than normal patient numbers have resulted in rapid growth within the industry.

In 2021 over 1.8 million people were employed in the health care and social assistance industry, which is projected to increase to more than 2 million by 2025.  [Read more…]

Claiming Depreciation for an Industrial Warehouse

THERE HAS BEEN a rise in demand for industrial property in recent years, particularly for warehouse storage space. 

This is due to the so-called ‘Amazon effect’ which has resulted in an increase in online retailers requiring the space to store, pack and send orders. [Read more…]

Super Funds Are Dominating Commercial Property

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DID YOU KNOW super fund members are some of the biggest landlords in our capital cities?

They own a share of offices, hotels, warehouses and shopping centres. The more cash in super funds, the more properties are bought – indirectly exposing fund members even to some of the most iconic office towers in capital cities. [Read more…]

Purchase a Commercial Property Wisely Through Your SMSF 

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THE HIGHER RENTAL RETURNS of commercial property make it more attractive to investors, especially those who are planning for their retirement. They often buy and hold commercial properties in their SMSF for a better tax environment. [Read more…]

Pros and Cons of Driving Alternative Vehicles


HAVE YOU BEEN thinking of buying “alternative fuel” vehicles recently?

You would have noticed more and more hybrid, electric and natural gas vehicles on the roads these days. But before you rush of and buy one for yourself … you should consider the advantages and disadvantages of each one based on fuel, maintenance, cost and size. [Read more…]

Accounting Tips for Commercial Property

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AS COMMERCIAL PROPERTY investors, managing your finances can be one of the most important aspects of ownership. No matter how many buildings you own, you still have to run your business and finances accordingly. [Read more…]

You Can Turn Your Mortgage into an Asset

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DO YOU VIEW your mortgages as liabilities or assets? The way you look at it can actually determine your financial success.

People often think that debt is bad and you should repay your loan as soon as possible. However, the truth is, some debt is good if used to own appreciating assets. [Read more…]

Income Tax Deductions for Commercial Properties

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ARE YOU LOOKING to buy a commercial property? If so, remember that you may be entitled to significant income tax deductions.

You can (and should) claim deductions for the various outlays you incur. Therefore, when you purchase a commercial property such as an office, factory or shop … don’t forget to maintained records right from the very start. [Read more…]

More Vital Accounting Tips For Commercial Property

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AS COMMERCIAL PROPRTY investors, managing finances can be one of the most important aspects of ownership. No matter how many buildings you own, you still have to run your business and finances accordingly. [Read more…]

4 Tax Tips for Commercial Property Investors

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AS THE END of the financial year approaches, commercial property players should know their tax implications – especially first-time commercial property investors, who need to be aware of the key differences for owners and tenants. [Read more…]