Insights & News
What You Can Claim Depreciation on Your Commercial Property as a Tenant
September 30, 2024
As a tenant of a commercial property in Australia, you might be surprised to learn that you can claim tax depreciation on certain items. This can significantly reduce your taxable… ... continue reading
What Can Owner-Occupied Investors with Commercial Properties Claim Tax Depreciation On?
September 26, 2024
As an owner-occupier of a commercial property in Australia, you can claim tax depreciation on various aspects of your property. The great news is commercial investors are unaffected by the… ... continue reading
What is a Sinking Fund? A Comprehensive Guide for Body Corporates in Australia
July 4, 2024
Body corporates have long employed sinking funds to allocate monthly money towards the settlement of outstanding debts or bonds, offering a greater capacity to lessen the financial impact when the… ... continue reading
What is Straight Line Depreciation?
June 20, 2024
As you own and utilise assets in your business, they will naturally experience 'wear and tear'. Depreciation is an invaluable financial tool that recognises this decline on your balance sheet,… ... continue reading
Granny Flats Are Now More Affordable in Victoria
June 20, 2024
Granny flats, also known as secondary dwellings or backyard studios, have become an increasingly popular housing option across Australia in recent years. As house prices continue rising out of reach… ... continue reading
Federal Budget 2024-25: What It Means for Australian Homebuyers
May 16, 2024
“In the five years from this July, we aim to build 1.2 million of them. Our goal is ambitious but achievable if we all work together and if we all… ... continue reading
Why is Estimation Important in Construction in Australia?
May 2, 2024
As a professional in the Australian construction industry, you know that accurate estimation is crucial to the success of any project. But if you’re not sure what this entails, in… ... continue reading
Bill of Quantities vs Schedule of Rates
April 18, 2024
Accurate and thorough documentation is what keeps construction projects on track and on budget, steering every phase from the initial blueprint to the project's completion. Two popular documentation choices for… ... continue reading
What is a Contract Administrator in Construction?
April 11, 2024
Let’s imagine you're in the hustle and bustle of your latest construction project, and the weight of preparing contracts, budgets, and timelines begins to feel like a skyscraper bearing down… ... continue reading
7 Renovation Estimation Mistakes We See Too Often
April 4, 2024
Whether it's updating your home or improving the features of your rental property, a new renovation project is always an exciting undertaking. Unfortunately, it can also come with many potential… ... continue reading