It’s July and that means one thing… a tax cut!
As of 1 July, you will receive an income tax cut legislated by the previous Coalition Government. This will mean more money in your pay packet each week.
Itâs a great opportunity to consider how you might invest this moneyâperhaps towards rent, paying off a mortgage, an additional contribution to your superannuation or maybe savings towards a first home deposit via the First Home Super Saver scheme.
Despite of this, I am aware that many of you have been going through a tough time during the past two years under the Albanese Labor Government. It definitely hasn’t been easy.
As the second half of 2024 approaches, I am hearing more and more from Australians about their financial challenges