Sometimes people can do with a break: 3 ways tax debt relief rules are too tough

Written by The Conversation

Rawpixel.com/Shutterstock

When Debbie (not her real name) lost her main client and was left without a reliable income, the sole trader sold her home and adjoining investment unit to pay off her debts and ensure she had the means to support her daughter and herself.

But things didn’t work out as she had hoped.

A year later she was still mired...

More Articles ...

How Can Businesses Reduce the Risk of Commercial Litigation?

Commercial disputes often begin with a misunderstanding, an unclear contract or a delayed response to a growing problem. Seeking early advice from Litigation Lawyers Sydney with PCL lawyers can help businesses trust and identify legal risks, clarify obligations and create a strategy... Read more

How to Build a More Cost-Effective Technology Investment Strategy
Technology budgets in large organisations rarely fail because of a single poor decision. They erode through renewals approved without review and licensing that was right-sized for a workforce shape that…
Why Businesses Rely On Accountants in Melbourne For Financial Success
Managing finances effectively is essential for individuals, business owners, investors, and growing organisations. Financial decisions influence profitability, compliance, cash flow, and long-term wealth creation, making professional financial guidance an important…

Practical Ways to Help Reduce the Risk of Costly Business Disputes
Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not every disagreement can be prevented, many disputes stem from…
Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, tailings, and abrasive materials. In demanding mining environments, equipment is exposed to constant…

Executive Recruitment And The Value Of Executive Recruitment Agencies In Modern Hiring
Finding the right leadership talent is one of the most important decisions an organisation can make. Strong leaders influence company culture, business performance, strategic direction, and long-term growth. As competition…
Why Shopify Web Development Is Important For Modern Online Stores
A successful online store requires more than attractive product images and basic functionality. Businesses need websites that load quickly, provide smooth navigation, and create a reliable shopping experience across all…

Medical Employment Agencies And Their Contribution To Healthcare Staffing Success
The healthcare industry depends on highly skilled professionals who provide essential services across hospitals, medical centres, aged care facilities, community health organisations, and specialist clinics. As demand for healthcare services…
Commercial Leasing Mistakes That Can Cost Your Business
Signing a commercial lease is a significant commitment, and the mistakes made at the outset of a tenancy can follow a business for the entire duration of the agreement. Many…

Prev Next

Google Ads Agency Sydney: How to Generate More Qualified Leads With Paid Search
When someone searches Google for a service they need immediately, appearing at the right moment can be extremely valuable. Unli…
How Can Businesses Reduce the Risk of Commercial Litigation?
Commercial disputes often begin with a misunderstanding, an unclear contract or a delayed response to a growing problem. Seekin…
How to Build a More Cost-Effective Technology Investment Strategy
Technology budgets in large organisations rarely fail because of a single poor decision. They erode through renewals approved w…
Why Businesses Rely On Accountants in Melbourne For Financial Success
Managing finances effectively is essential for individuals, business owners, investors, and growing organisations. Financial de…
Practical Ways to Help Reduce the Risk of Costly Business Disputes
Business disputes have a way of draining time, money and energy that could be better spent running your operation. While not ev…
Mining Hose Durability and Why It Matters in Heavy-Duty Operations
A reliable mining hose is crucial for mining companies that need efficient and uninterrupted transportation of slurry, water, …

Rising rents and ‘death taxes’: why wild claims after the budget don’t actually make sense
For policy nerds like me, the week after the federal budget usually brings some much-needed quiet. After months of speculation an…
This little-known scheme can help first home buyers save thousands more for a deposit, with less tax
Vitaly Gariev/UnsplashSaving for a first home is already hard enough. So when a federal budget change appears to make some popula…
When AI giants go public, will ordinary investors know if they are along for the ride?
NurPhoto/Getty ImagesWe’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are be…
‘Forever renting’ is common in New York, California and Europe. What lessons can we learn?
Alexander Spatari/GettyFor a growing swathe of Australians, “forever renting” has become the new norm. Renting is no …
15 Australian companies switched to a four-day work week. It went surprisingly well
In a 1930 essay, British economist John Maynard Keynes predicted that in 100 years time, technological advances would have displa…
Are this budget’s tax changes really an ‘assault on aspiration’?
With this year’s budget, the Albanese government has delivered a suite of bold tax reforms aimed at improving Australia&rsq…
Why Bluey coins are worth big ‘dollarbucks’ – far more than the silver they’re made from
Ludo StudioIf you tried to buy any of the new A$2 Bluey collectable coins online when they went up for sale earlier this month, y…
The tax changes in the budget only scratch the surface. Here are 4 reforms Australia needs next
Is Australia finally getting serious about tax reform, or just testing the waters?The 2026 federal budget makes some long-debated…
Businesses need more than generic chatbots to benefit from AI. Will this budget help?
Laura Ockel/UnsplashThis month’s federal budget made a familiar promise: artificial intelligence (AI) will help lift Austr…
Australia has had ‘game-changer’ budgets before. How does Chalmers’ stack up?
Of the many budgets delivered since the Second World War, four stand out as having ushered in or consolidated significant economi…
After an opaque summit, China and the US want to work together again. That might not be good news for…
Back in 2005, US economist Fred Bergsten coined the term “Group of 2” or “G2”, proposing a stronger partn…
Struggling to find an electrician or builder? 5 reasons for Australia’s tradie shortage
PixabayHave you recently tried to call a tradie for repairs or a renovation and had trouble finding one? As the federal budget on…
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Wanna Yossingkum/Getty ImagesMost of us are familiar with the concept of greenwashing: organisations exaggerating or overstating …

Building Resilient Business Platforms with API-Driven Content Architecture
Resilience has become a defining requirement for modern business platforms. Organizations must be able to withstand sudden chan…
Cellmid to supply supply COVID-19 rapid diagnostic test from China
Cellmid Limited, an ASX-listed biotechnology company, is pleased to advise that it has signed an agreement to supply the COVID-…
Aussies Dream Big When It Comes to Travelling for Sport
The nation’s love of sport reaches new heights as a fifth of Australians who are considering travelling for a major sporting …
Consumer Peer-to-peer Loans to Hit 36.6 Million by 2023
Peer-to-peer lending platforms have become a ready alternative to traditional bank loans, offering quick access to cash at favour…
Restoring Movement Through Exercise Physiology
Regular movement and tailored exercise are increasingly recognised as essential elements of achieving and maintaining optimal h…

How Downsizing to a Caravan Can Transform Your Lifestyle
If you’re curious about simplifying life while keeping the sense of adventure, caravan and camping sales offer an inviting ga…
Relaxing summer activities in big cities
In Summer, not only the heat rises, but it's also time for summer vacations. Everyone goes above and beyond to relax, unwind an…
Tweed Holidays
A stunning visual deep-dive into the Tweed's array of holiday offerings is now live, with The Tweed Tourism Company (TTC) launc…
Enjoy an Easter Break at the all-inclusive Tamassa Bel Ombre, Mauritius
Tamassa Bel Ombre, Mauritius is hopping into the Easter spirit with an exciting program of activities on Easter Sunday to put a…
Mantra at Sharks
Celebrating Mantra at Sharks’ 2nd Birthday Over the past 12 months, Mantra at Sharks’ has gained significant market moment…

NewsServices.com

Content & Technology Connecting Global Audiences

More Information - Less Opinion