If an employee salary-sacrifices into super, you make super contributions to the fund on your employee’s behalf. There may be benefits to both of you, but the arrangement must comply with the rules for salary sacrificing.

A single, professional middle-aged woman, Marie is amazed by the speed at which the days pass and how quickly life can change. One thing she has come to understand is that nothing ever stays the same and you never know what the future will bring.

With the initial phase of the JobKeeper program due to conclude on 27 September 2020, yesterday the Government announced a second phase which will extend the program for an additional six months through to 28 March 2021. The MFAA welcomes this announcement and the extension of this important economic support measure.

Also known as your credit rating, your credit score is based on a report lenders request when you apply for a loan or credit card in your name only, or together with someone else. From store cards to home loans, your credit score is used by lenders to decide whether you can borrow money, how much and on what terms.

In a new report, the Tax and Transfer Policy Institute at the Australian National University urges the government to consider a dual tax system where savings are taxed at a low rate and separate from taxes on labour income.

The review was commissioned by NSW Treasurer Dominic Perrottet in 2019 but is expected to be influential as all governments consider tax reform and other ways to improve the federation amid the coronavirus pandemic