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Victoria’s peak infrastructure body calls for stamp duty to be abolished

In this interview, Craig Whatman from Pitcher Partners Melbourne discusses the new plan by the Victoria’s peak infrastructure body to fuel population growth in Melbourne’s middle suburbs. 

Whatman suggests that proposal to abolish stamp duty  may be “very difficult” and there may be alternative options Victoria could do to encourage more population growth.

You can listen below via the player. 

Temporary full expensing rules are ending on 30 June 2023: What does this mean for your business?

The temporary full expensing (“TFE”) rules provide for a full deduction to businesses for the cost of eligible depreciating assets in the year they are first used, or installed ready for use, for a taxable purpose prior to 30 June 2023. Taxpayers should bear this strict timeline in mind to avoid missing out on accelerated tax deductions. Merely contracting for the purchase of an asset, or even becoming the owner of the asset by 30 June 2023 is not sufficient.

Growing confidence in industrials amid capital crunch

Technology, Media and Telecommunications (TMT) companies have long been the darlings of Australian investors and those targeting Australian companies. Australia’s strength in technology development has produced companies such as Atlassian, Afterpay, Canva and countless other success stories, riding the world stage and growing revenue at staggering multiples. But Pitcher Partners’ Dealmakers survey indicates that the sector might not be leading the pack in 2023. 

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