We are pleased to present below all posts archived in 'May 2016'. If you still can't find what you are looking for, try using the search box.
Treasurer Scott Morrison has handed down his first Federal Budget—the
Coalition Government’s third. The winners are low and middle income earners
and small business owners. There are significant changes to superannuation
that could warrant further discussion with your financial adviser.
Changes to Policy for
Applicants Earning Foreign Income
At Westpac, helping Australians to achieve their goal of owning a home or investment property is core to our purpose.We regularly review our credit policies to ensure we continue to lend responsibly, and have policies that are both aligned to our risk appetite and consistent with the economic and competitive landscape.
For these reasons, Westpac will no longer lend to offshore customers who are not citizens or residents of Australia with an eligible visa
1. Company Tax
The extent of that cut is likely to be modest, possibly a reduction in the headline rate to 28.5 per cent to match the “small companies” rate introduced last year.
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