On 30 March 2020, the Australian Government announced a 3rd set of economic response to COVID-19 in addition to the initial two stimulus packages announced earlier in March 2020. The latest stimulus package to COVID-19 introduces a JobKeeper Payment which sees to benefit affected workers, businesses and the broader community. Read the JobKeeper payment summary here.
Record keeping for investment properties
When you own an investment property, it is important to keep records of all associated costs and expenses for the whole duration that you own the property. Good record keeping will not only help with tax time but also important when you want to sell your investment...