July 2023 Newsletter
HEY NEIGHBOUR!
We are now into the 2024 financial year. I hope everyone's FY'23 was a good one. It does appear that there are some more headwinds increasing and it also feels like so many people have disappeared to Europe to escape the holidays... maybe before it's too late. Given the end of the financial year, we have provided some advice below about the super increases for businesses and also on how to minimise your 2023 tax bill, courtesy of our favourite accountants at ProAcct+.
Despite it being winter, there's plenty on in Melbourne still. For anyone who hasn't seen, The Lume Melbourne presents a great new exhibit, Connection, and there are plenty of live shows to be enjoyed indoors, away from the cold.
We are choosing to stay optimistic at The NEighbourhood. There's plenty of good news stories out there amongst the economic uncertainty and if you would like to come in for a chat, we'd love to see you all.
Thank you and enjoy your day, week, and month!
Speak Soon.
Carmela
MARKET INSIGHTS
We strive to stay up to date on the latest market trends. Here are a few articles we think are worth reading.
- "House prices highlight where the real problem is"
There's a strange scenario unfolding currently where house prices are rising again, however, Chris Joye outlines why this is not going to last long.
- Get ready for the July Superannuation rate increase.
Here's some advice from ProAcct+ to help take some proactive steps if you haven't already prepared.
- How to minimise your 2023 tax bill.
It's always helpful to have a few strategies from a trusted accountant. The ProAcct+ team have outlined a few helpful hints in this article.
- CoreLogic's monthly housing chart pack July.
It shows that national home values rose 2.8% in the June quarter, which is the highest quarterly movement since January 2022. This is definitely worth a read, especially with all of the mixed opinions.
COMMUNITY BULLETIN BOARD
What's new in your neighbourhood? These are a few recent updates that are happening in some of our local communities.
- Gift Card Tech Exchange in Officeworks
Officework's trade in program offers gift cards in return for your unwanted tech. You can assess your tech online and get a gift card in exchange for disposing of your device ethically.
- Veg Out and Help Out
Located in St Kilda (near Lunar Park) is a community garden called Veg Out. It's a place for people of any skillset to get their hands dirty and their thumbs green, in a friendly environment, while contributing to their community.
- Kebab Expert has partnered with The Neighbourhood
Our new renters can expect a voucher to Kebab Expert Mount Waverley inside their welcome pack. It entitles them to 10% off their meal, making the first dinner in a new neighbourhood easy.
CAUGHT OUR ATTENTION
Here are a few things that members of our team have stumbled across over the month. Whether thought-provoking, interesting or entertaining, we want to share them with you.
- The Education CHANCES Foundation have released a report by Think Impact that summarises the social return on investment the foundation has and the impact it creates.
- We are because of one another is an African philosophy that describes that we are shaped by those around us, and how we effect and support each other. Maxi Louis discuss this on Namibian conversation. In the Talk Nerdy podcast she explores conflicting interests, both social and economic, between regions of Namibia.
