With the end of the financial year right around the corner, many Australians are expected to receive larger tax refunds thanks to new income tax cuts.
From July 1, 13.6 million taxpayers will receive a cost-of-living tax cut, with anyone with an annual income of $135,000 or less receiving an average cut of $1888, according to the Australian Treasury Department.
Australia’s success story with curbing inflation continues today with more positive figures published by the Australian Bureau of Statistics (ABS).
Nathan was great to work with in order to purchase our first home during Melbourne lockdowns!
The property market typically slows during the winter months, with activity picking up again at the start of spring.
Nationally, it takes around 5.6 years to save a deposit, a 14% rise compared to 10 years ago, but this figure varies across different states.
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