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Stamp Duty Phased Out

February 17th, 2021
As we emerge from the global pandemic, economists are looking for novel ways to stimulate the economy. According to experts, swapping stamp duty for land tax is a powerful way to make the taxation model more fair and effective. Not only would it be a more efficient financial measure, it could also have a positive impact on home ownership rates among young Australians and current renters. While every form of taxation hurts the economy in some way, pivoting away from stamp duty towards land tax and property tax could have a lasting positive impact for young and old Australians.

Swapping stamp duty for land tax is not as novel as it sounds, with the ACT government already implementing such a plan and the NSW government planning to do the same via a novel opt-in arrangement. The ACT already has Australia’s most efficient tax base, with every dollar of revenue raised costing the economy just 21.9 cents. In contrast, NSW has the least efficient system, with every dollar of revenue raised costing the economy 29.7 cents. Part of this discrepancy is due to the replaceme [...]

Low Rates & High Prices

February 15th, 2021
Australian house prices remain high, with COVID-19 failing to dampen the market and the official cash rate dropping to a record low of 0.10%. Australian property is currently more expensive than ever, and according to experts, things are not going to slow down any time soon. Interest rates are key, with the Reserve Bank of Australia (RBA) wanting to stimulate the market without causing a credit-fuelled asset bubble. Despite going through the deepest recession since the 1930s, house values could [...]

The Work-Life Balance Myth

February 10th, 2021

After years of employers and well-meaning lifestyle articles speaking of the “work-life balance”, turns out it has always been a problematic concept. When you think about it, “work” should never act as a counterweight to “life”, with opposition between these two terms actually highlighting the nature of the problem. In a new world defined by flexible hours, remote work opportunities, […]

Advances in Quantum Computing

February 8th, 2021

The race towards useful quantum computing continues to heat up thanks to key scientific advances. A recent Australian invention has made waves in the quantum world, with scientists from the University of Sydney and Microsoft Corporation developing a single chip that’s capable of transforming the entire world of quantum computing. From superconductors to qubits, let’s take a look at the […]

Intermittent Fasting for Weight Loss

February 1st, 2021

In a world of endless and often conflicting health advice, knowing what works for your body can be extremely challenging. This is especially true when it comes to weight loss, with scientific studies, commercial interests, and personal experience often hard to align. Instead of relying on complicated diets and unrealistic exercise regimes, sometimes there is a simple and easy-to-implement solution. […]

Will First Home Buyers be able to Access Early Super

January 21st, 2021

During these challenging times, novel economic measures have been adopted to help Australians make the most of a bad situation. One bold idea has emerged to help Australians buy their first home, in a plan that would allow people early access to their superannuation. While this plan could lead to greater home-ownership rates among renters and young Australians, it could […]

Regional Markets Rise as Aussies Move Away from Cities

January 18th, 2021

COVID-19 is having a huge effect on the Australian housing market, but in a different way than predicted by many experts. While national prices remain stronger than expected, regional house prices are soaring much higher than capital city markets. More and more Australians are leaving traditional centres like Sydney and Melbourne, which has led to rising demand, skyrocketing prices, and […]

Sleep, Food & Your Body Clock

January 11th, 2021

Your body clock affects every aspect of your daily life, from the moment you wake in the morning to your performance at work and quality of your sleep. Also known as your circadian rhythm, this “clock” is built into every cell in your body. While your body clock does not keep perfect linear time or follow an exact 24-hour cycle, […]

Open Resolutions for the New Year

January 8th, 2021

When it comes to New Year’s Resolutions, setting lists is much easier than getting stuff done. Resolutions fail for many reasons, with people often demanding too much of themselves and being too rigid about the goals they set. According to new research, ‘open’ resolutions are much more likely to succeed. If we make open-ended rather than specific goals, we are […]

Making the Perfect Home Office

January 4th, 2021

Creating the perfect office space is an important skill for anyone who’s working from home. Whether you run a home business, work as a freelancer, or operate a remote workstation for a multi-national, managing your space helps to decrease your stress levels and improve your productivity. From making a plan and buying furniture to using your wall space and establishing […]

Aussie Primary Industries – Labour Shortages & Tarriff Threats

December 16th, 2020

Australia’s primary industries are going through turmoil on multiple fronts, with low migration numbers keeping foreign workers away and ongoing trade disputes with China becoming an all-out war. Multiple industries are feeling the pressure, including beef, wheat, barley, wine, and fruit growers across the country. Australian honey, fruit, and dairy producers are also on high alert over potential tariffs, and […]