11 March 2025
When relationships break down, dividing assets can get messy, especially when it comes to the family home, investment properties, or family businesses. While keeping the house might seem like the easiest option, tax consequences can catch people by surprise. One wrong step could mean unexpected tax bills down the track. That’s why having the […]
4 March 2025
Despite their potential to protect assets and prevent future disputes, prenuptials remain underutilised. For many, they’re an essential part of asset protection strategy, offering clarity and certainty in case the unexpected happens. But they’re not without challenges. Vic Rajah, firm principal at Vic Rajah Family Lawyers, and Chantelle Turner, Tax Manager at the Bongiorno […]
25 February 2025
The Reserve Bank of Australia’s recent decision to lower the cash rate by 0.25% to a target of 4.1% is the first reduction since November 2020. The Bongiorno Group’s Matt Homewood and Jack Will explore what this means for both existing mortgage holders and new borrowers, examining how lenders may respond and the potential impact […]
18 February 2025
Divorce is one of those events that marks a significant life transition, often accompanied by emotional, financial, and legal complexities. It raises critical questions: How are assets fairly divided? How can disputes be resolved efficiently while minimising conflict? Vic Rajah, firm principal at Vic Rajah Family Lawyers, and Chantelle Turner, Tax Manager at the […]
11 February 2025
If you want to set your kids up for a strong financial future, teaching them about money early on is key. Bongiorno Group Directors, Vanessa Smith and Nick Fennessy, insist its beneficial to have money conversations as soon as possible, by explaining how money is earned, spent, and saved in simple terms. Help them […]
4 February 2025
Burnout is particularly common among medical professionals, and it arises from chronic stress often from the workplace, financially, or from relationships. Its symptoms include exhaustion, negativity, cynicism, and decreased efficacy in tasks. Doctors face heightened risks due to high workloads and financial pressures, often ignoring early signs like fatigue, poor sleep, and detachment. But, […]
21 January 2025
One thing lacking in a medical student’s curriculum is financial education. That’s where the Bongiorno Group has stepped in to provide students crucial financial knowledge such as salary packaging, tax management, and wealth planning. Each year, Matt Homewood and Nicolas Pereira present to graduates across different medical colleges to help young doctors starting their careers, […]
14 January 2025
Tax residency is crucial for understanding Australian tax obligations, especially for individuals with foreign income or assets. Australian residents are taxed on worldwide income, including foreign income, with credits available for taxes paid overseas under double tax agreements. The Bongiorno Group’s Tax Manager Chantelle Turner and Director Nick Fennessy explain the four tests which assess […]
7 January 2025
To address GP shortages, particularly in rural areas the Victorian Government is trialling a Single Employer Model (SEM) in 2025. Junior doctors can remain employed within the public health system while training as GPs or rural generalists, ensuring continuity of employment and entitlements like parental leave. John Ryan, Senior Workplace Relations Advisor with AMA […]
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