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Nearly nine in 10 property investors commit errors when claiming tax deductions on their rentals. This pushed the Australian Taxation Office (ATO), to give better attention to the property claims made at tax time, according to a report by Domain.
Commonwealth Bank of Australia (CBA) announced on Thursday that it is delaying its demerger plans for its wealth management and mortgage broking businesses.
Stamp duties in New South Wales may be abolished after the state election, as David Leyonhjelm, lead candidate for the Liberal Democrats, announced on Thursday that he would push for the change should he take office.