What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

https://hicomaccounting.com.au/

HiCom Accounting Pty Ltd, Suite 207/1 Thomas Holmes Street, Maribyrnong, Melbourne (2026)

03/09/2026

⚠️ 𝐃𝐎𝐍’𝐓 𝐖𝐀𝐈𝐓 𝐅𝐎𝐑 𝐀 𝐂𝐑𝐈𝐒𝐈𝐒: 𝐖𝐇𝐀𝐓 𝐒𝐇𝐎𝐔𝐋𝐃 𝐀𝐔𝐒𝐓𝐑𝐀𝐋𝐈𝐀𝐍 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒𝐄𝐒 𝐃𝐎 𝐁𝐄𝐅𝐎𝐑𝐄 𝐈𝐓’𝐒 𝐓𝐎𝐎 𝐋𝐀𝐓𝐄?
Small and medium-sized businesses (SMEs) across Australia are facing an increasingly volatile environment, with rising operating costs, unpredictable fuel prices and growing pressure from ATO tax debts.
Business restructuring expert Eddie Griffith, Chair of ABRT, has issued an important warning: many business owners are falling into a cycle of “firefighting”, focusing entirely on keeping the business running while overlooking financial support at the critical stage when early action could make the biggest difference.

🚨 𝐓𝐡𝐞 𝐝𝐚𝐧𝐠𝐞𝐫𝐨𝐮𝐬 𝐦𝐢𝐬𝐭𝐚𝐤𝐞𝐬 𝐦𝐚𝐧𝐲 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐰𝐧𝐞𝐫𝐬 𝐦𝐚𝐤𝐞:
❌ Ignoring tax obligations under financial pressure:
When cash flow gets tight, business owners often focus on operations, take on every possible job, even at unsustainable prices, and put their books and tax obligations on the back burner. By the time the ATO steps in, it may already be much harder to recover.
❌ Missing the “middle stage” of support:
There are plenty of grants and support programs available when businesses are starting out, as well as insolvency and bankruptcy options once a business has already collapsed. But what about the crucial stage in between? That’s often the best opportunity to intervene early, identify problems and prevent a temporary cash-flow issue from becoming a full-blown crisis.

💡 𝐖𝐡𝐚𝐭 𝐜𝐚𝐧 𝐲𝐨𝐮 𝐝𝐨 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐭𝐨𝐝𝐚𝐲?
1️⃣ Proactively negotiate a payment plan with the ATO:
If you’re struggling with tax debt, don’t simply ignore it. Contact the ATO early and explore whether a payment arrangement is available before the debt becomes more difficult to manage.
2️⃣ Review your profit margins:
Don’t focus only on increasing sales. Check whether your current pricing is actually covering rising labour, materials and operating costs and whether every job is genuinely profitable.
3️⃣ Work proactively with your accountant:
Your accountant shouldn’t only appear when tax returns are due. A proactive accounting partner can help monitor cash flow, review your financial health regularly and identify tax and financial risks before they turn into a crisis.

Source:
https://www.accountantsdaily.com.au/business/22837-supporting-failing-businesses-trusted-advisors-can-t-just-do-the-books

02/09/2026

🏚️ 𝐓𝐇𝐄 $𝟏.𝟗𝐌 𝐌𝐄𝐋𝐁𝐎𝐔𝐑𝐍𝐄 𝐇𝐎𝐌𝐄 𝐋𝐄𝐅𝐓 𝐄𝐌𝐏𝐓𝐘 𝐅𝐎𝐑 𝐃𝐄𝐂𝐀𝐃𝐄𝐒 𝐀𝐍𝐃 𝐓𝐇𝐄 𝐑𝐈𝐒𝐄 𝐎𝐅 𝐓𝐇𝐄 “𝐒𝐐𝐔𝐀𝐓𝐓𝐈𝐍𝐆” 𝐌𝐎𝐕𝐄𝐌𝐄𝐍𝐓
A $1.9 million townhouse in Fitzroy North, Melbourne, has been left vacant and overgrown for years, becoming a flashpoint in the heated debate between property speculators, the growing squatting movement, and the Australian Government.

🏚️ 𝐓𝐡𝐞 $𝟏.𝟗𝐌 𝐡𝐨𝐦𝐞 𝐥𝐞𝐟𝐭 𝐭𝐨 𝐫𝐨𝐭:
The property sits in one of Melbourne’s most sought-after locations and is estimated to be capable of generating around $1,355 a week in rent. Yet it has reportedly been left abandoned for years. Across Melbourne, more than 100,000 homes are reportedly sitting vacant, despite remaining connected to essential services while more than 60,000 people are experiencing homelessness.

💥 𝐒𝐪𝐮𝐚𝐭𝐭𝐢𝐧𝐠 𝐜𝐚𝐦𝐩𝐚𝐢𝐠𝐧 𝐠𝐨𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐜:
High-profile housing activist Jordan van den Lamb, who runs S**t Rentals, entered the property and put up a banner reading “Better to squat than let a house rot.” He has also published lists of vacant properties around Australia online, encouraging homeless people to move into empty homes.

⚠️ 𝐁𝐮𝐭 𝐭𝐡𝐞 𝐜𝐚𝐦𝐩𝐚𝐢𝐠𝐧 𝐡𝐚𝐬 𝐡𝐚𝐝 𝐭𝐫𝐨𝐮𝐛𝐥𝐢𝐧𝐠 𝐜𝐨𝐧𝐬𝐞𝐪𝐮𝐞𝐧𝐜𝐞𝐬:
In one case, a woman who had recently lost her father reportedly left her home for just two months to care for her mom who was ill. During that time, her inherited property was allegedly added to a list of “empty homes”. Strangers then reportedly broke in, changed the locks, installed security cameras and took family belongings, according to the report.

🏛️ 𝐏𝐫𝐢𝐦𝐞 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫 𝐀𝐧𝐭𝐡𝐨𝐧𝐲 𝐀𝐥𝐛𝐚𝐧𝐞𝐬𝐞 𝐰𝐞𝐢𝐠𝐡𝐬 𝐢𝐧:
Prime Minister Anthony Albanese has publicly condemned calls to encourage squatting, describing the behaviour as “hateful, selfish and unlawful” and arguing that compassion cannot be used as a justification for violating someone else’s private property rights.

Source:
https://www.news.com.au/finance/money/investing/truth-about-video-inside-19m-melbourne-home-left-to-rot/news-story/0de141a8b641b7c096a43a3d992d7f1f?utm_source=News.com.au&utm_medium=facebook&utm_campaign=Emplifi&fbclid=IwY2xjawUBuKVwZG9mAWV4dG4DYWVtAjEwAGJyaWQRMTFYMmZpTFBYdEs0TzVSZ2pzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEezTETUsNvSE93TGVnZw4rXK0T-MKMB64RiIySvYqOKu3_k29OUmnOLHtO3Rw_aem_-S3KU210eaWW5wQvn8Tuyg

01/09/2026

🏗️ 𝐂𝐆𝐓 𝐑𝐄𝐅𝐎𝐑𝐌: 𝐀 𝐏𝐎𝐓𝐄𝐍𝐓𝐈𝐀𝐋 𝐓𝐀𝐗 𝐓𝐑𝐀𝐏 𝐅𝐎𝐑 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐃𝐄𝐕𝐄𝐋𝐎𝐏𝐄𝐑𝐒 𝐀𝐍𝐃 𝐀 𝐑𝐈𝐒𝐊 𝐎𝐅 𝐏𝐑𝐎𝐉𝐄𝐂𝐓𝐒 𝐁𝐄𝐈𝐍𝐆 𝐏𝐔𝐓 𝐎𝐍 𝐈𝐂𝐄!
The Property Council of Australia has raised an urgent warning with Treasury, arguing that the 17-day consultation period for the proposed CGT Tranche 2 changes is far too rushed.
The industry says the draft legislation contains serious technical uncertainties that could directly affect property developers and investors.

❌ 𝐓𝐡𝐞 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐜𝐨𝐬𝐭 𝐛𝐚𝐬𝐞 𝐭𝐫𝐚𝐩:
Under the proposed CGT allocation formula, the calculation may be based primarily on the original acquisition cost of the asset such as the purchase price of undeveloped land while failing to adequately account for significant costs incurred later for construction, redevelopment and infrastructure. The concern is that this could result in disproportionately high tax liabilities for property projects.

📉 𝐂𝐨𝐮𝐥𝐝 𝐢𝐭 𝐩𝐮𝐭 𝐭𝐡𝐞 𝟏.𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧-𝐡𝐨𝐦𝐞 𝐭𝐚𝐫𝐠𝐞𝐭 𝐚𝐭 𝐫𝐢𝐬𝐤?
Industry representatives warn that uncertainty around the proposed tax rules could make investors more cautious, potentially delaying capital commitments and making financing more difficult. That could create another hurdle for the Government’s target of delivering 1.2 million new homes by 2029.

🛠️ 𝐓𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲’𝐬 𝐩𝐫𝐨𝐩𝐨𝐬𝐞𝐝 “𝐝𝐚𝐲𝐬-𝐡𝐞𝐥𝐝” 𝐚𝐩𝐩𝐫𝐨𝐚𝐜𝐡:
Property groups are calling on the Government to replace the current complex allocation formula with a simpler method based on the number of days an asset is held. They also want the rules to clearly allow construction and development costs to be included in the tax cost base, so developers are not effectively taxed as though those costs never existed.

💡 𝐖𝐡𝐲 𝐭𝐡𝐢𝐬 𝐦𝐚𝐭𝐭𝐞𝐫𝐬:
For property developers and investors, the issue is not simply about the tax rate. How the CGT calculation works could directly affect project feasibility, financing decisions and the timing of development.

Source:
https://www.accountantsdaily.com.au/business/22833-calls-for-extra-round-of-consultation-on-cgt-negative-gearing-changes

31/08/2026

📈 𝐆𝐎𝐋𝐃 𝐇𝐈𝐓𝐒 $𝟔,𝟓𝟎𝟎: 𝐂𝐇𝐈𝐍𝐀 𝐈𝐒 𝐒𝐓𝐎𝐂𝐊𝐏𝐈𝐋𝐈𝐍𝐆, 𝐔𝐒 𝐃𝐄𝐁𝐓 𝐓𝐎𝐏𝐒 𝐔𝐒$𝟒𝟎 𝐓𝐑𝐈𝐋𝐋𝐈𝐎𝐍, 𝐖𝐇𝐀𝐓 𝐇𝐀𝐏𝐏𝐄𝐍𝐒 𝐓𝐎 𝐓𝐇𝐄 𝐀𝐔𝐃?
Global gold prices are surging again, approaching US$4,600 an ounce (around A$6,530/oz), with some analysts forecasting that gold could reach US$5,000 as early as September 2026.

💣 𝐓𝐡𝐞 𝐔𝐒-𝐂𝐡𝐢𝐧𝐚 𝐩𝐨𝐰𝐞𝐫 𝐬𝐭𝐫𝐮𝐠𝐠𝐥𝐞 & 𝐭𝐡𝐞 𝐝𝐞𝐛𝐭 𝐭𝐫𝐚𝐩:
🟠 US government debt passes a record US$40 trillion:
Growing concerns over US dollar debasement are pushing investors towards alternative stores of value, including gold and Bitcoin.
🟠 China continues quietly stockpiling gold:
China’s central bank has been steadily adding to its gold reserves, reducing its reliance on the US dollar while building a potential financial buffer against the risk of asset freezes or financial sanctions.

⚡ 𝐓𝐡𝐞 𝐬𝐮𝐫𝐩𝐫𝐢𝐬𝐢𝐧𝐠 𝐝𝐨𝐰𝐧𝐬𝐢𝐝𝐞 𝐨𝐟 𝐬𝐨𝐚𝐫𝐢𝐧𝐠 𝐠𝐨𝐥𝐝 𝐩𝐫𝐢𝐜𝐞𝐬:
Gold’s rally has helped push silver close to US$70 an ounce. But those higher prices could create a new problem: Chinese solar-panel manufacturers are reportedly considering switching from silver to copper, potentially putting a significant portion of industrial silver demand at risk over the next 1–2 years.

🇦🇺 𝐂𝐨𝐮𝐥𝐝 𝐀𝐮𝐬𝐭𝐫𝐚𝐥𝐢𝐚 𝐛𝐞𝐧𝐞𝐟𝐢𝐭 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐠𝐨𝐥𝐝 𝐛𝐨𝐨𝐦?
While the RBA holds only around 80 tonnes of gold, Australia has something much bigger beneath its soil: the world’s largest estimated gold reserves, at around 13,000 tonnes.

A sustained surge in gold prices could significantly improve Australia’s export trade balance, potentially:
➡️ Supporting the Australian dollar (AUD)
➡️ Helping ease inflationary pressures, making imported goods and overseas travel more affordable for Australians.

Source:
https://www.news.com.au/finance/markets/prices-skyrocket-why-gold-rush-is-back-on-as-china-buying-explodes/news-story/00e921bcd395497302d2afcc7ba18dba?utm_source=News.com.au&utm_medium=facebook&utm_campaign=Emplifi&fbclid=IwY2xjawUBuLxwZG9mAWV4dG4DYWVtAjEwAGJyaWQRMTFYMmZpTFBYdEs0TzVSZ2pzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEegCLxVI1exy2Fj27Kfq75CKNRPv4QHTZpZ2KrQtdsxpSbW0RTeA-TU22QWl4_aem_fe-5VXNN_p_M0DlIQsAn4Q

30/08/2026

✈️ 𝐁𝐈𝐋𝐋𝐈𝐎𝐍𝐀𝐈𝐑𝐄 𝐀𝐃𝐑𝐈𝐀𝐍 𝐏𝐎𝐑𝐓𝐄𝐋𝐋𝐈 𝐌𝐎𝐕𝐄𝐒 𝐓𝐎 𝐃𝐔𝐁𝐀𝐈: 𝐀 𝐑𝐄𝐏𝐎𝐑𝐓𝐄𝐃 $𝟐𝟑.𝟓 𝐌𝐈𝐋𝐋𝐈𝐎𝐍 𝐈𝐍 𝐀𝐍𝐍𝐔𝐀𝐋 𝐓𝐀𝐗 𝐒𝐀𝐕𝐈𝐍𝐆𝐒 𝐀𝐍𝐃 𝐀 𝐋𝐄𝐒𝐒𝐎𝐍 𝐈𝐍 𝐀𝐒𝐒𝐄𝐓 𝐒𝐓𝐑𝐔𝐂𝐓𝐔𝐑𝐈𝐍𝐆!
Billionaire Adrian Portelli, founder of the $800 million LMCT+ empire, has announced plans to leave Australia and live in Dubai, declaring that Australia is “past its prime.” His move has sparked heated debate across the business community.

🏛️ 𝐓𝐚𝐱 𝐩𝐨𝐥𝐢𝐜𝐲 & 𝐀𝐓𝐎 𝐩𝐫𝐞𝐬𝐬𝐮𝐫𝐞:
🟠 𝐂𝐆𝐓 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐡𝐨𝐫𝐢𝐳𝐨𝐧:
The Albanese Government has proposed changes to the way capital gains are taxed, including replacing the current 50% CGT discount with an inflation-indexation approach from July 2027, potentially increasing the tax burden on some gains.
🟠 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐜𝐨𝐧𝐜𝐞𝐫𝐧𝐬 𝐚𝐦𝐨𝐧𝐠 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬:
Ongoing ATO scrutiny, rising operating costs and changes to tax policy have fuelled concerns among some business founders about their ability to build generational wealth in Australia.

💡 𝐖𝐡𝐲 𝐃𝐮𝐛𝐚𝐢 𝐜𝐚𝐧 𝐦𝐚𝐤𝐞 𝐚 𝐛𝐢𝐠 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐜𝐞:
🟠 𝐀 𝐡𝐮𝐠𝐞 𝐭𝐚𝐱 𝐫𝐚𝐭𝐞 𝐠𝐚𝐩:
Dubai has no personal income tax, compared with Australia’s top marginal income tax rate of 47%. Based on reported figures, Portelli could potentially save around $23.5 million a year in personal income tax.
🟠 𝐀𝐬𝐬𝐞𝐭 𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐦𝐚𝐭𝐭𝐞𝐫𝐬:
Australia has departure tax / deemed disposal rules that can potentially trigger CGT when an individual ceases to be an Australian tax resident, although the treatment depends heavily on the type of asset and how it is structured.
Using structures such as trusts or holding companies can affect how assets are treated for tax purposes, but they do not automatically eliminate CGT or departure-tax obligations. The outcome depends on the specific ownership structure, residency status and nature of the assets.

Source:
https://www.news.com.au/finance/economy/australian-economy/adrian-portelli-move-to-inspire-founder-exodus-as-his-whopping-tax-savings-are-revealed/news-story/1aad88b3d120853fd42a7ffaf3d91b2a?utm_source=News.com.au&utm_medium=Facebook&utm_campaign=EditorialSB&utm_content=SocialBakers&fbclid=IwY2xjawT9v1twZG9mAWV4dG4DYWVtAjEwAGJyaWQRMXlSOGRsbm5kNm91cFRhN1pzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEecKj3Z0WhJmxDw6N4Jab6Q0cHp270egtCcr8pInHx6R8MhA5VAZga1EQdgYw_aem_CJR7MCrd8qyInnt0XPZmlw

29/08/2026

🚨 𝐁𝐀𝐓𝐇𝐋𝐀 𝐂𝐎𝐋𝐋𝐀𝐏𝐒𝐄: 𝐓𝐑𝐀𝐃𝐈𝐄𝐒 𝐋𝐄𝐅𝐓 𝐂𝐇𝐀𝐒𝐈𝐍𝐆 𝐇𝐔𝐍𝐃𝐑𝐄𝐃𝐒 𝐎𝐅 𝐓𝐇𝐎𝐔𝐒𝐀𝐍𝐃𝐒 𝐈𝐍 𝐔𝐍𝐏𝐀𝐈𝐃 𝐁𝐈𝐋𝐋𝐒!
The collapse of Western Sydney property giant Bathla Group is leaving subcontractors and homebuyers facing a bitter reality, with legal avenues to recover money suddenly frozen after the developer entered administration.

⚖️ 𝐀 𝐋𝐄𝐆𝐀𝐋 𝐑𝐎𝐀𝐃𝐁𝐋𝐎𝐂𝐊 𝐎𝐕𝐄𝐑𝐍𝐈𝐆𝐇𝐓:
Some subcontractors were allegedly owed hundreds of thousands of dollars for labour and materials and had already prepared legal action against Bathla in the District Court. But Bathla’s move into Voluntary Administration triggered legal protections that effectively put those proceedings on hold. For tradies who had already completed work and supplied materials, the uncertainty over whether and how much they will eventually be paid is now a major concern.

🏠 𝟐𝟕,𝟎𝟎𝟎 𝐇𝐎𝐌𝐄𝐒 𝐂𝐀𝐔𝐆𝐇𝐓 𝐈𝐍 𝐓𝐇𝐄 𝐂𝐑𝐎𝐒𝐒𝐇𝐀𝐑𝐄𝐒:
The fallout reportedly involves around 22,000 apartments and 5,000 townhouses across projects including Kembla Range, Rouse Hill, Schofields and Alpine. For many off-the-plan buyers, this means potentially lengthy delays. At Kembla Range, for example, the expected completion date was pushed from late 2025 to late 2026 and uncertainty remains over when some projects will actually be completed.

💸 𝐃𝐄𝐁𝐓𝐒 𝐑𝐄𝐏𝐎𝐑𝐓𝐄𝐃𝐋𝐘 𝐑𝐄𝐀𝐂𝐇 $𝟑.𝟓 𝐁𝐈𝐋𝐋𝐈𝐎𝐍:
The latest reports indicate that Bathla’s two key entities, Universal Property and Raj & Jai Construction, have combined debts of around $3.5 billion, much of it owed to private credit funds.

🏛️ 𝐁𝐀𝐓𝐇𝐋𝐀 𝐁𝐋𝐀𝐌𝐄𝐒 𝐅𝐄𝐃𝐄𝐑𝐀𝐋 𝐁𝐔𝐃𝐆𝐄𝐓 𝐂𝐇𝐀𝐍𝐆𝐄𝐒:
Bathla’s leadership has reportedly blamed changes to property tax policy announced in the Federal Budget for undermining investor confidence, alongside soaring construction costs. Administrators Teneo are now reportedly working urgently to secure additional funding and keep construction projects moving.

Source:
https://www.news.com.au/finance/business/other-industries/bathla-collapse-lawyer-for-creditors-speaks-as-3b-sydney-developer-enters-administration/news-story/8c8c9c2170b601a473d221d7e89d6ef9?utm_source=News.com.au&utm_medium=Facebook&utm_campaign=EditorialSB&utm_content=SocialBakers&fbclid=IwY2xjawT8bNlwZG9mAWV4dG4DYWVtAjEwAGJyaWQRMUFwbjYzTkN2Q1lSd0JuTUJzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeHBRcRDdndz8b87Jvkrg5VArHnYVYE6ZbCwSuqNj8lGAe9RF35SgFo_fW9Ms_aem_x7K9kGl-3pYmeQcAsm5yZQ

28/08/2026

⚠️ 𝐀𝐔𝐒𝐓𝐑𝐀𝐋𝐈𝐀𝐍 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐃𝐄𝐋𝐀𝐘𝐒 𝐈𝐍𝐒𝐎𝐋𝐕𝐄𝐍𝐂𝐘 𝐑𝐄𝐅𝐎𝐑𝐌𝐒: 𝐖𝐇𝐀𝐓 𝐒𝐇𝐎𝐔𝐋𝐃 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐎𝐖𝐍𝐄𝐑𝐒 𝐊𝐍𝐎𝐖 𝐑𝐈𝐆𝐇𝐓 𝐍𝐎𝐖?
The Australian Government has announced it will delay action on proposed reforms to corporate and personal insolvency laws, with the reform proposals now being handed over to the Productivity Commission for broader consideration as part of its review into business dynamism.

📌 𝐍𝐎 𝐈𝐌𝐌𝐄𝐃𝐈𝐀𝐓𝐄 𝐑𝐄𝐋𝐈𝐄𝐅 𝐅𝐎𝐑 𝐒𝐌𝐀𝐋𝐋 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒𝐄𝐒:
While Australia’s current insolvency and restructuring processes have been criticised as complex and costly, proposed changes to simplify the Small Business Restructuring pathway will not be implemented in the short term.

📌 𝐓𝐇𝐄 𝐂𝐔𝐑𝐑𝐄𝐍𝐓 𝐑𝐔𝐋𝐄𝐒 𝐑𝐄𝐌𝐀𝐈𝐍 𝐈𝐍 𝐏𝐋𝐀𝐂𝐄:
Proposed measures to strengthen oversight of pre-insolvency advisers and expand ASIC’s data-gathering powers have also been put on hold. For businesses facing financial difficulties, this means the existing regulatory framework and its complexity will remain for now.

📌 𝐓𝐇𝐄 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐖𝐀𝐍𝐓𝐒 𝐀 𝐌𝐎𝐑𝐄 𝐂𝐎𝐎𝐑𝐃𝐈𝐍𝐀𝐓𝐄𝐃 𝐀𝐏𝐏𝐑𝐎𝐀𝐂𝐇:
The Government says the delay is intended to avoid introducing a series of fragmented regulatory changes that could create additional compliance costs and uncertainty for businesses.

💡 𝐖𝐇𝐀𝐓 𝐓𝐇𝐈𝐒 𝐌𝐄𝐀𝐍𝐒 𝐅𝐎𝐑 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐎𝐖𝐍𝐄𝐑𝐒:
For now, don’t assume that proposed insolvency reforms will change your obligations anytime soon. Businesses experiencing financial pressure should continue to work within the existing insolvency framework and seek professional advice early, rather than waiting for potential reforms to take effect.

Source:
https://www.accountingtimes.com.au/profession/government-to-delay-taking-action-on-insolvency-reforms

27/08/2026

🚨 𝐀𝐈-𝐏𝐎𝐖𝐄𝐑𝐄𝐃 𝐒𝐂𝐀𝐌𝐒 𝐀𝐑𝐄 𝐎𝐍 𝐓𝐇𝐄 𝐑𝐈𝐒𝐄: 𝐈𝐒 𝐁𝐔𝐘𝐈𝐍𝐆 𝐀 𝐇𝐎𝐌𝐄 𝐈𝐍 𝐀𝐔𝐒𝐓𝐑𝐀𝐋𝐈𝐀 𝐍𝐎𝐖 𝐌𝐎𝐑𝐄 𝐒𝐓𝐑𝐄𝐒𝐒𝐅𝐔𝐋 𝐓𝐇𝐀𝐍… 𝐆𝐄𝐓𝐓𝐈𝐍𝐆 𝐃𝐈𝐕𝐎𝐑𝐂𝐄𝐃?
The Australian dream of owning a home is facing a new threat, with cybercriminals increasingly using AI technology to carry out highly sophisticated property scams targeting homebuyers across the country.

🔥 𝐓𝐇𝐄 𝐋𝐀𝐓𝐄𝐒𝐓 𝐍𝐔𝐌𝐁𝐄𝐑𝐒 𝐀𝐑𝐄 𝐀𝐋𝐀𝐑𝐌𝐈𝐍𝐆:
📉 Confidence is falling: Only 41% of Australians are confident they can identify a scam, down sharply from 51% last year.
🤯 Homebuying stress is sky-high: A staggering 87% of prospective homebuyers say the process is highly stressful, officially higher than the stress associated with… divorce (86%)!
🔍 One tiny detail can be enough: In a test involving 1,000 people, 38% said they would be willing to transfer a deposit after receiving a fake email. Only 7 people spotted a sophisticated change in the email address, with the letter “a” replaced by the Greek alpha symbol “α”.
🤖 AI voice cloning is adding another layer of risk: 85% of prospective homebuyers are concerned about scammers using AI to imitate the voice of a lawyer or real estate agent and pressure them into transferring money.

⚖️ 𝐀 𝐁𝐈𝐆𝐆𝐄𝐑 𝐈𝐒𝐒𝐔𝐄 𝐁𝐄𝐇𝐈𝐍𝐃 𝐓𝐇𝐄 𝐒𝐂𝐀𝐌𝐒:
While Australians are increasingly being forced to protect their life savings from sophisticated AI scams, property experts are warning that more needs to be done at a government level to tackle the underlying housing crisis, particularly the shortage of homes and rapidly rising property prices. When the financial barriers to home ownership are already so high, the lack of stronger cybersecurity protections adds yet another obstacle between Australians and the dream of owning their own home.

Source:
https://www.realestate.com.au/news/aipowered-property-scams-target-australian-homebuyers-nationwide/?campaignType=external&campaignChannel=syndication&campaignName=ncacont&campaignContent=&campaignSource=newscomau&campaignPlacement=socref&fbclid=IwY2xjawT50AFwZG9mAWV4dG4DYWVtAjEwAGJyaWQRMXRiQUFJdnk1Yk9UTk1XNnVzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEe2toraBcEwsGtVuZIqph4aA1dlL_7XnXfIQ8vKu78gNLnXhUXxEITxgjnZ0k_aem_fXiy9LHuGpjR9jF7Ozsnnw

26/08/2026

💔 𝐃𝐈𝐕𝐈𝐃𝐈𝐍𝐆 𝐀𝐒𝐒𝐄𝐓𝐒 𝐀𝐅𝐓𝐄𝐑 𝐃𝐈𝐕𝐎𝐑𝐂𝐄: 𝐖𝐀𝐓𝐂𝐇 𝐎𝐔𝐓 𝐅𝐎𝐑 𝐓𝐇𝐄 𝐇𝐈𝐃𝐃𝐄𝐍 𝐂𝐆𝐓 𝐓𝐑𝐀𝐏 𝐌𝐀𝐍𝐘 𝐀𝐔𝐒𝐓𝐑𝐀𝐋𝐈𝐀𝐍 𝐂𝐎𝐔𝐏𝐋𝐄𝐒 𝐎𝐕𝐄𝐑𝐋𝐎𝐎𝐊!
When couples separate or divorce, it can be tempting to look at the numbers and think:
"He gets $1 million in cash, I get a $1 million investment property seems fair, right?"

𝐍𝐨𝐭 𝐧𝐞𝐜𝐞𝐬𝐬𝐚𝐫𝐢𝐥𝐲.
From a tax perspective, $1 million in cash is worth $1 million. But a $1 million property may come with a hidden Capital Gains Tax (CGT) liability that the person who keeps the property could eventually have to pay when it is sold.

💥 𝐊𝐞𝐲 𝐂𝐆𝐓 𝐭𝐫𝐚𝐩𝐬 𝐭𝐨 𝐰𝐚𝐭𝐜𝐡 𝐰𝐡𝐞𝐧 𝐝𝐢𝐯𝐢𝐝𝐢𝐧𝐠 𝐚𝐬𝐬𝐞𝐭𝐬:
🔄 𝐓𝐡𝐞 𝐭𝐚𝐱 𝐥𝐢𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐝𝐨𝐞𝐬𝐧’𝐭 𝐝𝐢𝐬𝐚𝐩𝐩𝐞𝐚𝐫: Under the tax rollover provisions that can apply when assets are transferred between spouses following a relationship breakdown, CGT may not be payable immediately. However, the recipient generally inherits the original cost base of the asset. That means they may also inherit the CGT liability associated with the property's capital growth over the years.
🏛️ 𝐀 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐜𝐡𝐚𝐧𝐠𝐞 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐭𝐚𝐱 𝐜𝐨𝐧𝐜𝐞𝐬𝐬𝐢𝐨𝐧𝐬: Treasurer Jim Chalmers has committed to progressing legislation aimed at addressing the so-called “widow’s tax” / “divorce tax” trap. Under the proposed changes, assets benefiting from existing concessions, such as the 50% CGT discount or Negative Gearing, would not lose those benefits simply because ownership changes from joint ownership to sole ownership following a divorce or the death of a spouse.

💡 𝐀𝐝𝐯𝐢𝐜𝐞 𝐟𝐫𝐨𝐦 𝐭𝐚𝐱 𝐚𝐧𝐝 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬:
👉 Look at the after-tax value: Before agreeing to a property or asset split, consider what each asset is actually worth after accounting for any potential tax liability, rather than relying solely on its market value.
👉 Get tax advice early: Don’t leave tax considerations until after the settlement has already been negotiated with your family lawyer. Bringing your family lawyer and accountant/tax adviser into the process early can help you make a more informed decision and protect your long-term financial position.

Source:
https://www.accountantsdaily.com.au/business/22813-separation-anxiety-cgt-mistakes-to-avoid-on-assets-when-couples-split-up

25/08/2026

📉 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐁𝐔𝐁𝐁𝐋𝐄𝐒 𝐁𝐔𝐑𝐒𝐓 𝐈𝐍 𝐍𝐄𝐖 𝐙𝐄𝐀𝐋𝐀𝐍𝐃 & 𝐂𝐀𝐍𝐀𝐃𝐀: 𝐀 𝐋𝐄𝐒𝐒𝐎𝐍 𝐅𝐎𝐑 𝐀𝐔𝐒𝐓𝐑𝐀𝐋𝐈𝐀’𝐒 𝐇𝐎𝐔𝐒𝐈𝐍𝐆 𝐌𝐀𝐑𝐊𝐄𝐓?
Looking at Australia’s two neighbours, New Zealand and Canada, property investors can’t help but take notice: After years of rapid growth, real house prices in New Zealand have plunged by almost 30%, while Canada has fallen by 20% from its 2022 peak. Could this nightmare be quietly knocking on Australia’s door?

⚡ 𝐖𝐇𝐘 𝐃𝐈𝐃 𝐏𝐑𝐎𝐏𝐄𝐑𝐓𝐘 𝐏𝐑𝐈𝐂𝐄𝐒 𝐂𝐎𝐋𝐋𝐀𝐏𝐒𝐄 𝐈𝐍 𝐍𝐄𝐖 𝐙𝐄𝐀𝐋𝐀𝐍𝐃 & 𝐂𝐀𝐍𝐀𝐃𝐀?
🏦 𝐓𝐡𝐞 𝐢𝐫𝐨𝐧 𝐟𝐢𝐬𝐭 𝐨𝐟 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬: Central banks in both countries aggressively raised interest rates to record levels (New Zealand reached 5.5%, while Canada hit 5%) to bring inflation under control, inadvertently pushing their economies into recession.
🚪 𝐓𝐮𝐫𝐧𝐢𝐧𝐠 𝐨𝐟𝐟 𝐭𝐡𝐞 𝐢𝐦𝐦𝐢𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐭𝐚𝐩: Canada sharply tightened migration and international student numbers, causing housing demand to drop suddenly. In New Zealand, rising unemployment left young people discouraged, triggering a wave of migration to Australia in search of better-paying jobs.

🔥 𝐂𝐀𝐍 𝐈𝐌𝐌𝐈𝐆𝐑𝐀𝐓𝐈𝐎𝐍 𝐒𝐓𝐈𝐋𝐋 “𝐏𝐑𝐎𝐏 𝐔𝐏” 𝐓𝐇𝐄 𝐌𝐀𝐑𝐊𝐄𝐓?
Unlike the two countries above, Australian house prices have remained relatively resilient thanks to two key factors: Peak interest rates stopped at a lower level (4.35%), while record migration has kept housing demand well above the supply of newly built homes. However, the “turning point” is becoming increasingly visible:
📉 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐭𝐨 𝐜𝐨𝐨𝐥: Sydney and Melbourne have recorded declines for several consecutive months. The once red-hot growth in Perth, Brisbane and Adelaide has also disappeared, pushing the national trend into negative territory.
🏛️ 𝐓𝐡𝐞 𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐢𝐬 𝐭𝐢𝐠𝐡𝐭𝐞𝐧𝐢𝐧𝐠 𝐩𝐨𝐥𝐢𝐜𝐲: The Government’s moves to cut tax incentives for property investors, combined with growing political pressure in Canberra to tighten migration, are making buyers increasingly nervous and prompting them to step away from the market.
💸 𝐓𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐡𝐨𝐮𝐬𝐞𝐡𝐨𝐥𝐝 𝐟𝐢𝐧𝐚𝐧𝐜𝐞𝐬: As house prices fall, the wealth of Australian households, which is heavily tied to property, will shrink. Consumers may tighten their belts, potentially triggering a wave of retail closures.

👉 In Canada, the Government is even considering using public funds to buy unsold apartment projects from developers and convert them into affordable housing, a painful bailout scenario that Australia could potentially face if the property market remains frozen for an extended period.

Source:
https://www.abc.net.au/news/2026-08-18/what-happens-if-property-prices-fall-20-per-cent-ask-nz-canada/107045250

HiCom Accounting Pty Ltd

03/09/2026

02/09/2026

01/09/2026

31/08/2026

30/08/2026

29/08/2026

28/08/2026

27/08/2026

26/08/2026

25/08/2026

Address

Opening Hours

Website

Alerts

Shortcuts

Share

Category

Listing takedown request

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm