Salary Packaging Guide for Nurses Making $130,000: How to Reduce Taxable Income, Save on Taxes, and Manage Loans Without Worry

salary package nurse

Salary packaging offers significant tax benefits for nurses working at Royal North Shore Hospital with an annual salary of around $130,000 by reducing their taxable income. This system can save thousands of dollars in taxes, and many banks still assess loans based on the original salary even after the tax reduction through salary packaging. Therefore, … Read more

Tax Benefits and Asset Growth Through New Home Purchases: A Guide to Negative Gearing Strategy

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Benefits and Strategies of Buying a New Home with Negative Gearing Negative gearing is an effective tax-saving strategy frequently used by property investors in Australia. This strategy focuses on reducing taxes by offsetting losses incurred when rental income is less than the costs associated with owning a property. When purchasing a new home, leveraging negative … Read more

What Lies Ahead for First Home Buyer Benefits?

first home buyer

Australia’s Federal Election: Key Issues? Housing and Infrastructure Investment Although the date for Australia’s federal election has not yet been announced, the atmosphere feels like we’re already in election mode. With political parties unveiling their distinct promises to win over voters, today we’ll delve into two standout topics: housing support and infrastructure investment. 🏡🚗 Housing … Read more