Category: Finance

Boosting Tax Returns

Isabella Ross It is that time of year again – tax! The coming months are known for brisk weather and the tedious task of lodging tax returns. Sydney Observer had the chance to sit down with Director of Tax Communications at H&R Block, Mark Chapman. Previously, Mark was a tax adviser for over 20 years, specialising in individual and small business tax, in both the UK and Australia. As well as operating his own private practice, Mark spent seven years as a Senior Director with the Australian Taxation Office. Mark is a Chartered Accountant, CPA and Chartered Tax Adviser...

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North Shore’s Combustible Cladding Saga

Isabella Ross To the dismay of locals who recently entered into the apartment property market, cases of combustible cladding have been reported throughout the North Shore and its surrounds. The story broke recently that over 1400 buildings across the Sydney basin have been identified by Local Government Areas (LGA) to potentially contain combustible cladding. The LGA found that 30 buildings in Ku-ring-gai, 60 buildings in Willoughby, 10 buildings in Hornsby, 17 buildings in Ryde and 18 buildings in Mosman were at risk. Neighbouring council areas Lane Cove and Hunters Hill declined to disclose their figures. Sydney Observer reached out...

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The Drop in Housing Market Prices

Isabella Ross Now is officially the time for renters to get into the market and search for a good deal. With rental prices at an all-time low, the property market in metropolitan Sydney has dropped by almost 10 percent in the past year. Evidently one of the biggest slides in weekly rent prices has been situated within the lower north shore. The Domain Rental Report released in late 2018 revealed median weekly rent in the area was down $100 to $1000. “Those Sydney regions that were overexposed to investors will be more prone to rental price decreases. That’s already...

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Eco-Investment: How your next investment could save your bill and the planet

Aaron Christensen If you have been becoming a tad more eco-conscious as of late or you just want to save on your power bill, you may have considered solar panels. Over 1.9 million Australians own a solar hot water system and/or photovoltaic solar electricity panels, with solar energy this year becoming the greatest net addition to worldwide electricity generation. For a long time, solar power was too inefficient and expensive to be an appropriate investment for many people. However, the costs of panels (which convert sunlight to DC current) and inverters (which converts the current from DC to AC,...

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NORTHCONNEX INCREASES HEALTH CONCERNS

Brooke Fryer NorthConnex is a $3 Billion nine-kilometer motorway tunnel currently under construction. The tunnel will connect the M1 Pacific Motorway to the M2 Hills Motorway taking 5000 trucks per day off the road, and improving traffic along Pennant Hills Road. Whilst such a big infrastructure project has provided many jobs for workers and will provide more reliable trips and save time on travel once complete, the health effects upon the wider community is seen as a major concern by doctors and locals. The Australian Medical Association NSW and the Asthma Foundation NSW are both concerned about the impacts...

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