What happens to my Superannuation when I die?

Unless you have made a valid Binding Death Benefit Nomination (BDBN), the trustee of your super fund will have discretion as to whom your superannuation (including any life insurance) is paid to and in what proportions. This is not the same as the beneficiary...

Could you be facilitating money laundering?

In its April 2015 Mutual Evaluation Report of Australia, the Financial Action Task Force (FATF) indentifies the real estate sector as an attractive destination for laundering the proceeds of crime. This coincides with an article published by Fairfax media alleging a...

QBCC to crack-down on building offences

Starting on the 1st of July 2015 stricter penalties will come into affect for contractors who commit building offences under the Queensland Building and Construction Commission Act 1991 and/or the Domestic Building Contracts Act 2000. So what are the changes and what...

Guide for rental property owners

The Australian Tax Office (ATO) has recently released the 2015 Rental Property Owners Guide. This contains a large amount of information relevant to investment owners including what income and expenses you have to declare on your tax return and what deductions you can...