The Federal Government recently announced (on 22nd March 2020) several Superannuation measures as part of its second stimulus package to assist self-funded retirees curb the economic impact Coronavirus.
While the stimulus announcements from both the Federal and various State Governments have been very welcome, there has been very little in the announced packages to support self employed small businesses.
We here at Lowensteins have been pro-actively trying to adapt to the ever increasing developments and the ever-changing environment.
On the 22 March 2020, The Commonwealth Government announced its second stage of its economic stimulus package to support the economy at this precarious time. These measures complement and in some cases replace announcements made on the 11 March.
In addition to the large scale Federal Government initiatives announced progressively, it is great that State Governments have also come to the party as far as announcing wide scale State Tax changes.
We are again delighted to announce the winners of the scholarship awards to Australian final year visual art students.
As part of Lowensteins' commitment to the arts and improving the cultural climate of Australia, I have become involved with Melbourne University to put together an ARC Linkage project proposal for reform of the visual arts sector in Australia.
As we turn our attention to the summer holidays and 2019 swiftly flows away into the pages of history, it is useful to reflect on the past business year.
Home was the Australian Galleries, founded by his parents Anne and Tam in 1956. Stuart was ten when it opened and that’s when his real education began, he says.
While celebrating forty years with an exhibition of fine traditional art works, Christopher Day can reflect that the endurance of his gallery in Paddington makes him the longest single owner in Sydney.
Syrie Payne manages the ACF’s fundraising platform and Chris Keely, former general manager of SBS' Food and Movie channels, has been appointed Executive Director of Create NSW.
The Countess Report is Amy Prcevich, Elvis Richardson and Miranda Samuels - an independent artist run initiative that publishes data on gender representation in the Australian contemporary art world.
Alison Croggon writes about how arts performance criticism has collapsed in Australia.
Following Evan’s talk on ‘The Taxation of Art and Collectables’ to the 2019 August Breakfast Clubs, published in the September Newsletter, one of our readers, Adrian Ward, sent us information about a global report commissioned by Barclays Bank.
As we are well into the tax season, this year we thought it best to remind people that they need to lodge their returns by the middle of May 2020.
Recent exhibitions and launches from September - November 2019.
As we begin to look at the new financial year that started a few weeks ago, it is time to take a look at superannuation contribution opportunities for individuals from 1 July 2019.
For those of you who may have noticed that I have been more distracted than usual at the office over the past few months, it was because I have been preparing a major paper on The Taxation of Art and Collectables for the Tax Institute.
At Lowensteins we are always looking to improve our client services. This is why we have introduced the Lowensteins Client Portal.
As part of the Morrison re-election promise and originally introduced in the 19/20 Budget, millions of Australians may be entitled to a new offset that is effectively equivalent to a tax rebate of up to $1080.
Indigenous Literacy Day
Minister for Communications, Cybersafety and the Arts
New Director of Artbank
It is with great pleasure that the Directors of Lowensteins Arts Management Pty Ltd announce that Mr Piyush Thakrar was appointed as a partner from 1 July 2019.