Empower Blog Tax and Personal Accounting

What the 2026 Negative Gearing and CGT Changes Could Mean for Property Investors

On Tuesday night, 12 May 2026, the Federal Government proposed significant changes to property investment taxation in Australia. These changes still require legislation to be passed, but we anticipate this will occur, potentially with some minor tweaks. For now, we are working on the assumption that they will become law, and we will continue to...

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ATO Holiday Home Tax Crackdown: What Property Investors Need to Know About Rental Property Deductions

The Australian Taxation Office (ATO) is tightening its approach to holiday home tax deductions, and the implications for property investors across Australia are significant. If you own a holiday home, Airbnb, or short-term rental property, understanding how these new ATO rules apply could mean the difference between claiming deductions and losing ...

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1,000 Five-Star Reviews & Wealth Advisory of the Year 2025!

It’s a double celebration at Empower Wealth! This year, we’ve been named Wealth Advisory of the Year 2025 for the second year in a row, and we’ve also just reached another milestone — between our Melbourne and Sydney office, we've received 1,000 five-star Google reviews from our clients! For us, these two achievements go hand in han...

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Bulk Document Upload Now Available in Moorr for Empower Wealth Clients

We're excited to announce a brand-new feature in Moorr that’s been designed specifically to make your journey with us even smoother: Bulk Document Upload. If you're new to us—here's a quick rundown:Moorr is the powerful money and property platform we provide to all Empower Wealth clients, free of charge. It's where you can track your cashfl...

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How to Boost Your Tax Return in 2025: Ben & Julia’s Hot Tips

It’s that time of year again! And if you’re a property investor or planning to become one, this is the episode you don’t want to miss. Join Ben Kingsley and property tax expert Julia Hartman as they unpack the top tax strategies for 2025—covering everything from depreciation schedules and repairs vs improvements, to land tax timing, sup...

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Victoria’s Latest Vacancy Tax

Please note that this article is first released on BanTacs Blog here. From 1st January 2025 a vacancy land tax applies to all residential properties in Victoria that are not considered to be occupied for at least 6 months of the previous year.   It is no longer just the inner and middle Melbourne areas that are caught.   The period conside...

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900th “5 stars” Google Review AND more!

At Empower Wealth, we’re all about helping Australians take control of their finances and build a better future and this month, we’re excited to share some incredible milestones that show the impact of this journey!! NPS and Google Reviews Getting a high Net Promoter Score (NPS) is no small task. In fact, most banks, insurers, and wealth...

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2024: The Golden Year of Tax Planning

Get ready to dive into the ultimate tax strategies for the year 2024. This year, tax deductions are your golden ticket to hefty savings! Join Ben and Julia as they walk you through the ins and outs of tax planning, especially for those earning between $45,000 and $135,000. From smart record-keeping tips for work expenses, home offices, to renta...

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Unpacking 2023: Household Finances, Inflation, and Property Markets

Hello, Ben Kingsley here, and wow, it's been a mega year again. A very, very fast year that has been the year 2023. And as I reflect on that year, the real big theme to me has been the economy and also very much the cost of living. Everything's costing more and I wanted to bring that theme through in my Christmas message in terms of looking at...

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3 Crucial Tips Before Selling Your Property!

Are the increasing interest rates making you ponder selling your property? You're not alone! BUT Hold onto Your Property!Before you make that significant decision, take a look at this brief video to ensure you've thoroughly thought through these 3 essential must-dos! Should you be in search of experienced and qualified advisors, we're here t...

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Why Now is NOT The Time to Sell Your Property

We've been catching wind of investors offloading their properties lately. With the surge in interest rates, it's entirely understandable. However, are there alternative avenues for you? Watch this short video to discover the happenings during past crises and why holding on to your property might be a wise move to steer clear of potential f...

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Maximise Your Returns: Mastering End-of-Year Tax Planning, HECS Hacks, Super Strategies, and More

Talking Property Tax with Julia Hartman: Episode 5 In our final episode before the end of the financial year, we'll be exploring the latest tax updates from across Australia, including: Important Changes to HECS/HELP Debt - Changes you MUST ACT on quickly! Each year your HECS debt and other student loans are indexed for inflation on the...

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Warning: Start a Diary of Your Home Office Use Now!

This blog was originally posted on Ban Tacs and written by Julia Hartman, founder of the Ban Tacs group and Chief Technical Tax Advisor for Empower Wealth Tax. This report is also referenced and expanded in our series, Talking Property Tax with Julia Hartman in Episode 4. Watch it here >> Despite objections from the Tax Ag...

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