A graphic representation of three different cryptocurrencies, namely Bitcoin, Ethereum and Ripple

Cryptocurrency Loss

Question: Recently, I sold some cryptocurrency and because the market was down, I made a loss of $10,000. Is this something I’ll be able to deduct against my other income? I am currently only working part-time on a (pro-rated) annual salary of $18,000, but also have an investment portfolio of dividend-paying shares earning roughly $5,000 a…

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Caucasian man dressed in white shirt and dark tie sitting at a desk and stapling documents together

Stapled Super

On the 1st of November 2021, the Australian Taxation Office implemented a new regime affecting superannuation funds, called Single Default Account or “Stapling”. What this means is that now everyone with a superannuation fund will have had one “stapled” to them, which will follow them around when they change employers, reducing the likelihood that additional and…

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