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Fair Work Commission (FWC) Announces 3.3% Increase to Minimum Wage

Fair Work Commission (FWC) Announces 3.3% Increase to Minimum Wage

If you weren’t paying attention, the Fair Work Commission has recently announced a 3.3% increase to the minimum wage. It will take effect from the first full pay period beginning on or after 1 July 2017. This is great news for workers making minimum wage, who will now receive $694.90 per week for full-time work…

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Minimise Capital Gains Tax: Small Business CGT Concessions

When you receive money from selling an asset, the profit you make on that sale is viewed as a capital gain, and you may owe tax on it. If you end up receiving less return on an asset than you paid for it, that is considered a capital loss. The Taxation Office has a unique view of “profit,” and…

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