AI can be helpful for explaining basic money concepts, but it should not be relied on for personal tax, super or financial decisions. When the advice needs to fit your circumstances, professional guidance still matters most.
Recent changes to deeming rates could affect your assessed income, even if your financial position has not changed. That may have flow-on effects for your Seniors Health Card, Age Pension and other income-tested entitlements.
The ATO is paying close attention to STP and super reporting, with penalties possible where information is late, inaccurate or incomplete. As employer and fund reporting become more connected, regular checks and timely corrections are more important than ever.
Electric vehicles remain an attractive option for many Australians, but proposed road user charges could change the long term cost equation. If you’re thinking about buying an EV personally or through your business, it’s worth understanding what may be around the corner.
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