NEWS

A leading auditor is warning her clients that a capital gains tax shake-up could reshape investment behaviour across the property and superannuation landscape — and not necessarily for the better. Naz Randeria, managing director of Reliance Auditing Services, said as the government eyes its next round of “wealth tax” reforms, CGT is shaping up to be the next major battleground. “While the move is being framed as a push for fairness, I believe the real impact could be far more

The government pension continued to be the most common source of income for retirees in 2024-25, according to the latest statistics from the Australian Bureau of Statistics. The newly released data revealed that 30 per cent of retired women relied on their partner’s income to meet their living costs at retirement compared with 9 per cent of retired men. For people intending to retire, the main factor influencing their decision about when to retire was financial security. The

Understanding the nuances between owning property as joint tenants and tenants in common is crucial in holistic estate planning, a legal specialist said. Matthew Burgess, director of View Legal, said having a family home owned in the joint names of a couple can be important for a range of reasons, both for emotive and legal motivations. He said one of the key legal drivers to achieve intended holistic estate planning outcomes is to know the difference between joint tenants, w