Company solvency resolutions, why: running a company in Australia comes with a host of legal and financial responsibilities. Among the most critical and often overlooked is the requirement for directors to pass an annual solvency resolution. This isn’t just a box-ticking exercise. It’s a legal obligation under the Corporations Act 2001 (Cth) and a vital tool for ensuring financial accountability and business sustainability.
The capital gain tax exemption (CGT) on your principal place of residence (PPR) is one of the most valuable CGT concessions available to Australian homeowners. It can allow you to completely disregard a capital gain made on the sale of your family home. But what happens if you move out your PPR and rent it out or leave it vacant?
In a move that’s set to ease the financial pressure on millions of Australians students, the Federal Government has passed the Universities Accord (Cutting Student Debt by 20 Per Cent) Bill 2025—a landmark reform that delivers a 20% reduction in student loan debt and raises the income thresholds for repayments.