When the boom effect of Compounding Interest kicks in.
Linda is a friend. Linda was digging through our blogs last week and trying to get her head around the…
0 comment
Linda is a friend. Linda was digging through our blogs last week and trying to get her head around the…
As consumer budgets tighten, more people might be looking to pocket some savings.Food is the second-largest household bill after either…
My Daughter and her partner Josh have recently started working full time, after many years of study. They live on…
Daughter;’ Does this seem right? Lots of tax.’ Me; ‘Perfect must include HECS’ would be $474 without HECS debt. Daughter;…
Billionaires such as Warren Buffett build their fortunes on wise financial decisions. Once those fortunes are made, they can then…
The overwhelming majority of people who invest their way to millionaire status through share investment, don’t get lucky. They consistently…
……a cause very close to our hearts. Read more about why we choose to support NBCF on our website under…
Recently a friend asked me, what his son should do with $3,000 he had saved up from Christmas and birthday…
I started as a flight attendant with a start-up airline called Compass Airlines when I was 20 years old. I…
My brother is retiring this year. He will be 48 years of age. He paid his first home off, at…
2021 was tough. And so begins a new year. The most trending phrase is ‘Rat Test’. Covid hotlines sit unanswered…
From November 2021 directors will be required to verify their identity as part of the new director ID requirement. A…
Not so long ago, retirees were cashed up empty nesters offloading their debt free family home, to move to the…
I have recently located to Malaysia and running my business from there, with the help of an awesome team based…
I would like to tell you a story about a client of ours. Lets call him Bob. We applied for…
If you have kids and… Exercise is part of your daily routine; it may not have occurred to you, that…
I was hired to clean rooms for a local hotel. I was scrubbing a toilet and my gloves were getting…
Impostor syndrome is the feeling that you are winging it and affects people at all levels. Counter-intuitively, it is more…
Why does one building company turn over 9 million dollars and another have a tax debt to the ATO, that…
When asked about the business reasons for closing down their companies, 65 percent of the owners pointed to financial problems,…
Did you know you can withdraw some of your superannuation early, to buy your first home? It’s called the First…
The single best thing I ever did, ( kids aside ) was to buy a milk bar in Parkdale, that…
It seems as though small business owners have endured so much pain over the past 18 months. Although we are…
The first home super saver (FHSS) scheme was introduced by the Australian Government in the Federal Budget 2017–18 to reduce…
I would love to repeat this haircut.
The Superannuation Guarantee (SG) is the minimum amount that an employer must pay into your super fund if you are…
I remember when I was a child, my folks, and their friends, where dead-set on buying a home after marriage,…
To be resilient is to never give up, even when the cards are stacked against you. Covid has done a…
A few weeks ago our office received the email below. On further investigation we found this email to be sent…
I went to a state school for my senior years of schooling and my husband went to a middle tier,…
If there is one thing I hate more than Insurance, it is making a claim, after 2 foiled attempts recently….
Having trouble reaching your business goals? Here are ten steps to a healthier business that will help you get better…
I grew up in a large family, where money was tight. It was the 70’s, in Brisbane. One thing I…
Owning property was a secret desire of mine, particularly when I separated and lost our family home. I thought I…
……a cause very close to our hearts. Read more about why we choose to support NBCF on our website under…
Its that time of year again where I start to obsess about Superannuation. How is my fund going? What is…
Small savings can steadily grow without sacrificing the fun things in life. Get creative, set a goal and uncover easy…
According to modern research, changing to an online payroll service provider can decrease costs, limit mix-ups and give you freedom…
Updated 9th March 2021 What is the Victorian Government’s Small Business Digital Adaptation Program? Compromising of a $20m investment in…
As a business owner, you recognize you want to constantly acquire new customers to grow and thrive. That’s why marketing…
Payroll is the most important expense for businesses, and running it is often a time-consuming, and tedious. To ease the…
In certain ways the Tax Office / Big Brother is making it easier and easier to include everything in your…
Reading is a great way to expand your financial literacy!! The other great thing about reading, for financial literacy, is…
Starting a business during a global pandemic may sound far fetched, but industry experts say now is the opportune time…
Helping Victorian small businesses build their digital capability. The Small Business Digital Adaptation Program will allow eligible businesses to trial…
The Treasurer has handed down a Budget that delivers on a wide range of economic measures to support businesses and…
What has changed. Business- To qualify for the first extension (28 September 2020 to 3 January 2021), you do not…
Recently the Federal Government passed legislation to extend the JobKeeper scheme until 28 March 2021, known as “JobKeeper 2.0”. What…
A new Schedule X has been added to the Award This Schedule now includes provisions for: Unpaid pandemic leave: If…
With a second wave of COVID-19 (coronavirus) cases and returning to lockdowns, the Federal Government has announced an extension to…
Following the updated restrictions yesterday, it was announced that the Business Support Fund – Expansion program will now be increased…
It’s no secret that we have swiftly had to change the way we live – and work. Many companies around…
Tax time doesn’t have to be stressful. Consider claiming these tax deductions in this financial year’s tax return to put…
A total of 44% of women rely on their partners’ income as the main source of funds in retirement. How…
About the initiative The Victorian Government has announced that Stage 3 ‘Stay at Home’ will be in reinstated across metropolitan…
I recently bought my first property at 47 years old and it was scary and liberating! learned a few things…
Michael Jordan famously quoted ” Talent wins games, teamwork and intelligence wins championships”. Again and again we have seen collaboration…
It’s become commonplace to digitally ignore each other. And we have so many ways to do it—phone calls, texts, social…
Myth: If I use the shortcut method, I can claim 80 cents per work hour plus other equipment (that costs…
For many of us, the coronavirus has been the most significant, and perhaps the most traumatic, experience of our lives….
URGENT NOTIFICATION- Deadline 23rd June. 1/ Should you be making Concessional Contributions To Super Now? 2/ Are your employee Superannuation…
The ATO pay you for each eligible employee monthly in arrears (JobKeeper payments began in the first week of May…
The government appears to have heeded calls for the extension of the instant asset write-off, announcing on Tuesday that the…
What’s going to happen when Australia gets to September and the Jobkeeper payments stop, the 6 month holiday on home…
Payments to contractors operating in certain industries need to be reported to the ATO by 28 August 2020. This Taxable…
Eligible citizens of Australia and permanent residents who are affected by COVID-19 can apply to release (taxfree) up to $10,000…
Positive gearing Positive gearing is where you borrow money to invest and the income from the investment (for example, rent…
Is your business in a position to purchase new or second-hand assets? You may be eligible to use the expanded…
You may be eligible for Job Keeper. Registration closed 31st May. Don’t miss the opportunity. Call us now. 0412 754…
Here is an example of what is on offer for a typical business, over the coming months: Cash Boost (minimum) …
Enrol for the JobKeeper payment (from 20 April onwards) Here is what you need to know about Job Keeper Step 1 –…
Last Night; The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support…
Here is the latest information about the Loan Guarantee Scheme available to businesses. Please read carefully and see if this…
It’s been an interesting couple of weeks across the world, with the outbreak of Coronavirus (COVID-19). As it currently stands,…
How does retirement look for you? You might want to travel. You may want to dine out. You might want…
The virus now has over 100,000 confirmed cases worldwide (as at early March 2020). Unfortunately a small percentage of these…
1. Set up a bookkeeping system and cloud accounting is our preference these days. 2. Keep all Purchase Documents for…
1. Ensure you know your target market and potential customers within that market: This is the number one way to…
1. Flexible staffing: Match the roster system to the peak periods, and have flexible staffing arrangements in place. 2. Sales…