This month we look at: The myGov tax scams and how to avoid them, property and 'lifestyle' assets in the spotlight, and the RBA economic state of play.
- The myGov tax scams and how to avoid them.
In what is rapidly becoming the most common tax scam, myGov accounts are being accessed for their rich source of personal data, bank accounts changed, and personal data used to generate up to hundreds of thousands in fraudulent refunds. Pages 1-3. Read More
- Property and ‘lifestyle’ assets in the spotlight.
Own an investment property or an expensive lifestyle asset like a boat or aircraft? The ATO are looking closely at these assets to see if what has been declared in tax returns matches up. Page 4. Read More
- Is the RBA to blame? The economic state of play.
The politicians have weighed in on the Reserve Bank of Australia’s economic policy and their reticence to reduce interest rates in the face of community pressure. We look at what the numbers are really showing. Pages 5-6. Read More
Quote of the month:
“Challenges are what make life interesting and overcoming them is what makes life meaningful.”
Joshua J. Marine, Author
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