15.07.25
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Is Superannuation Paid on Workers’ Compensation in Australia?
If you’re off work with an injury and receiving workers’ compensation, you might worry about whether your superannuation is still growing while you’re focusing on getting better. It’s a common point of confusion. Employees often don’t know what they’re entitled to, and many employers are unsure of their obligations. This guide is for both employees…
Understanding the Exchange of Contracts Process
A lot of real estate and legal jargon gets thrown around when buying a property. If you’re buying for the first time, it can be confusing and overwhelming. Have you heard your real estate agent mention the “exchange of contracts”? This is one of the most crucial steps in securing your new home. What is…
Bridging Finance: Bridging the Gap With Pherrus
You’re house hunting, and then it happens: you find THE house. But your current home hasn’t sold yet! In no time, excitement turns to stress. Do you let go of the perfect house and hope another will come along? Or is there a solution that will allow you to buy this house without the cash…
What You Need To Know About Total Reportable Fringe Benefits
Are you considering a job that offers more than just a salary? Perks like a company car or gym membership can make a job offer much more tempting! Before signing the contract, you must understand the Total Reportable Fringe Benefits Amount (TRFBA). While you don’t pay income tax directly on your TRFBA, it can impact…
Other Insights from Pherrus
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The ATO Is Chasing $35 Billion in Unpaid Taxes From SMEs. Are You Prepared?
According to the ATO’s Commissioner of Taxation 2023-24 Annual Report, Australia’s collectable tax debt totalled $52.8 billion by June 30, 2024. It’s estimated that as much as $35 billion of that debt is owed by small and medium-sized enterprises (SMEs). Are you one of them? From July 1, 2025, the ATO is stepping up its…
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What Are Fittings Compared to Fixtures?
“Does it stay or does it go?” If you’ve ever asked this question about something while inspecting a property to buy, sell, or lease, this blog is for you! The difference between fittings and fixtures can affect your rights, responsibilities, and even your final sale price or rental agreement. What are fittings and fixtures? Let’s…
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What Is a Disbursement in Property?
When you’re buying, selling, or managing property, you have to deal with a lot of numbers. One set of numbers that often causes confusion is disbursements. These aren’t hidden fees or surprise costs. They’re a normal part of the property transaction process. But if you don’t know what they are, you could end up disputing…