AusBiz News

Super scams What to look out for

Super scams: What to look out for

The market for super funds is extremely competitive. Scammers take advantage of this by promising unrealistic benefits to acquire personal or account details. They are able to use this information to steal your identity or transfer your super to an account they can access.  Scammers can approach you in various…

How are investments taxed

How are investments taxed?

Investment income needs to be included when conducting tax returns. This includes any income acquired through interest, dividends, rent, managed funds distributions, and capital gains. The income yielded from investments is taxed at a marginal tax rate.  Individuals are able to claim deductions for the cost of buying, managing, and…

How to get the most out of your bank account

How to get the most out of your bank account

Banking is often more complicated than you expect it to be with different types of accounts, fees and fine print to take into consideration. You are able to get more out of your bank account if you pay closer attention to certain details.  Re-evaluate your bank Due to the competitive…