Category «Your Own Home»

Expats Beware

Australian Expats may lose their main residence tax exception.

Download PDF Last Updated: 28th January 2025 Expats Beware the Australian Government is After Your Main Residence Exemption Again! The bill to remove the main residence exemption for expats made its way through both houses in the final days of the 2019 parliament. It is a little tamer than the 2017 version but can still …

Now is the Time to Refinance and How to go About it

Claw some of that interest back off your bank and use it to make principle repayments. Interest rates are low, really low, especially if you have a principle and interest loan secured by your home. In fact Westpac are offering competitive interest rates and even rebates to cover the costs of transferring and setting up …

CGT when Your Home is On Acreage

CGT Acreage porperty

I hear people living on acreage saying that they only sell a little of their produce at markets just to cover costs and of course not declare it in their tax return because it is really just a hobby.  They are concerned if they use the property to produce income in any way they will …