Government payments and allowances

When to declare taxable and tax-free government payments, pensions and allowances in your tax return. What are government payments, pensions and allowances? Australian Government payments, pensions and allowances are income amounts that you receive from a government agency. Commonly these payments are from Services Australia or the Department of Veteran’s affairs (DVA). Depending on the … Read more

Portfolios for the risk we may not be imagining

Investors have faced a wild ride in 2025. The excitement may not be over. Equity and fixed income markets took less than a month to recover after U.S. tariff announcements in early April sent them reeling, giving investors a valuable opportunity to reexamine their relationship with risk. A healthy relationship with risk starts with understanding … Read more

Forging new bonds – how bonds work

Bonds are not usually the flashy upstarts of the investment world with their every move reported, like stocks. But the Trump Administration’s extraordinary refashioning of world trade, with on-again off-again tariffs of eye watering amounts, has put bond markets in a similar position to share markets – in turmoil. So, with the bond markets attracting … Read more

Insurance payouts after a disaster

When to include insurance payouts from disaster events in your tax return for businesses, or assets that produce income. When recovering from disaster events, check if you need to report and pay tax on insurance payouts: damaged or destroyed personal items or assets are not taxed businesses or income-producing assets may be taxed. The following … Read more

Two ways to invest your mortgage rate cut

Why investing extra money from a rate cut can be a better long-term option. Millions of Australians holding variable rate mortgages are about to receive a monthly household cash infusion, thanks to the Reserve Bank’s 0.25% cash rate cut on 20 May. Based on an outstanding mortgage balance of $600,000 with 25 years remaining on … Read more