December 20th, 2022 by Tony

ARE YOU PAYING TOO MUCH ON YOUR HOME LOAN?

Last week I had decided that enough was enough. I was paying too much on my home loans.

I was done with endlessly rising home loan rates, so I picked up the phone and made a call to the three offending banks, that had passed on what seemed like an ongoing supply of interest rate rises all courtesy of the Reserve bank of Australia. 
I was firm, polite and straight to the point.  I said that I was after a better home loan rate, and I could see was being offered at the CBA. Was 4.99% (excluding the rise of .25% on 6th December)

October 19th, 2022 by Tony

Planet Superhero’s

When I first started investing, my wardrobe was largely Op Shop. This was 30 years ago and well before it…

February 1st, 2023 by Tony

Transform your life with micro habits

The idea of changing your habits can feel overwhelming. It doesn’t have to. Micro habits can transform your life, according…

January 19th, 2023 by Tony

How much cash should a business have on hand?

A common question we see is: “How much cash should a business have on hand?”

JPMorgan Chase & Co found that the median small business kept only 27 days cash buffer in reserve and the U.S. Bank found that 82 percent of businesses fail because of poor management of cash.

#cashflowforbusiness,#igniitebusiness,#Bookkeepingparkdale,

January 16th, 2023 by Tony

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December 5th, 2022 by Tony

Change the game during Christmas.

I read my very first ‘wealth creation’ book, when I was in my early 20’s, by Noel Whittaker called Making Money Made Simple. I have lost track of how many financial literacy books; I have read since then.

#noelwhittaker,#barefootinvestor,#Bookkeepingparkdale

November 30th, 2022 by Tony

New post test

Testing for a new post

September 6th, 2022 by igniite

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…

September 6th, 2022 by igniite

Go far

das

September 6th, 2022 by igniite

How Aldi can help you as mortgage rates increase.

As consumer budgets tighten, more people might be looking to pocket some savings.Food is the second-largest household bill after either…

May 23rd, 2022 by igniite

Savings Buckets for Newbies.

My Daughter and her partner Josh have recently started working full time, after many years of study. They live on…

February 28th, 2022 by igniite

A lesson on What’s App to my 25 year old about to start full time work

Daughter;’ Does this seem right? Lots of tax.’ Me; ‘Perfect must include HECS’ would be $474 without HECS debt. Daughter;…

February 17th, 2022 by igniite

This is Warren Buffett’s car. Is you car worth more?

Billionaires such as Warren Buffett build their fortunes on wise financial decisions. Once those fortunes are made, they can then…

February 8th, 2022 by igniite

Investing in ETF Right Now Could Make You a Millionaire.

The overwhelming majority of people who invest their way to millionaire status through share investment, don’t get lucky. They consistently…

February 3rd, 2022 by igniite

Igniite are proud to be an official corporate partner of the National Breast Cancer Foundation

……a cause very close to our hearts. Read more about why we choose to support NBCF on our website under…

January 29th, 2022 by igniite

How should a 14 year old begin to invest?

Recently a friend asked me, what his son should do with $3,000 he had saved up from Christmas and birthday…

January 26th, 2022 by igniite

What I learned from 15 years with Qantas Airways.

I started as a flight attendant with a start-up airline called Compass Airlines when I was 20 years old. I…

January 19th, 2022 by igniite

Lessons from The Budget Master – Michael.

My brother is retiring this year. He will be 48 years of age. He paid his first home off, at…

January 13th, 2022 by igniite

Covid will decide which business will reign supreme.

2021 was tough. And so begins a new year. The most trending phrase is ‘Rat Test’. Covid hotlines sit unanswered…

January 6th, 2022 by igniite

Read this if you are a Director.

From November 2021 directors will be required to verify their identity as part of the new director ID requirement. A…

December 30th, 2021 by igniite

Will you have a mortgage still when you retire? Read this.

Not so long ago, retirees were cashed up empty nesters offloading their debt free family home, to move to the…

December 16th, 2021 by igniite

The Swearing Yoga Instructor

I have recently located to Malaysia and running my business from there, with the help of an awesome team based…

December 9th, 2021 by igniite

Bob and David. A true story.

I would like to tell you a story about a client of ours. Lets call him Bob. We applied for…

December 2nd, 2021 by igniite

If you run a small business, here’s why your kids are lucky.

If you have kids and… Exercise is part of your daily routine; it may not have occurred to you, that…

December 9th, 2021 by igniite

Open the doors to bravely proceed and never look back.

I was hired to clean rooms for a local hotel. I was scrubbing a toilet and my gloves were getting…

November 25th, 2021 by igniite

Is Imposter Syndrome costing you business success?

Impostor syndrome is the feeling that you are winging it and affects people at all levels. Counter-intuitively, it is more…

November 18th, 2021 by igniite

Fix this now, or you will never become a millionaire.

Why does one building company turn over 9 million dollars and another have a tax debt to the ATO, that…

November 4th, 2021 by igniite

Make sure your cashflow can keep up as your business grows.

When asked about the business reasons for closing down their companies, 65 percent of the owners pointed to financial problems,…

November 11th, 2021 by igniite

Fast track a deposit to buy your first home

Did you know you can withdraw some of your superannuation early, to buy your first home? It’s called the First…

October 21st, 2021 by igniite

From Parkdale Milk Bar to Parkdale Business Services.

The single best thing I ever did, ( kids aside ) was to buy a milk bar in Parkdale, that…

October 28th, 2021 by igniite

Small Businesses in Victoria Cry Out For Help

It seems as though small business owners have endured so much pain over the past 18 months. Although we are…

October 14th, 2021 by igniite

Struggling to Get a home deposit. Read this immediately

The first home super saver (FHSS) scheme was introduced by the Australian Government in the Federal Budget 2017–18 to reduce…

October 7th, 2021 by igniite

Take a look at the start of my property investing journey as featured in Property Investor Magazine.

I would love to repeat this haircut.

September 30th, 2021 by igniite

Did your Super Guarantee rise to 10%?

The Superannuation Guarantee (SG) is the minimum amount that an employer must pay into your super fund if you are…

September 23rd, 2021 by igniite

The second lesson for how to become a millionaire.

I remember when I was a child, my folks, and their friends, where dead-set on buying a home after marriage,…

September 15th, 2021 by igniite

What COVID can teach us about creating wealth and Antifragility.

To be resilient is to never give up, even when the cards are stacked against you. Covid has done a…

September 21st, 2021 by igniite

A Scammer who likes music?

A few weeks ago our office received the email below. On further investigation we found this email to be sent…

August 26th, 2021 by igniite

Should you spend money on private schools?

I went to a state school for my senior years of schooling and my husband went to a middle tier,…

August 2nd, 2021 by igniite

Insurance is not boring now and here is why!

If there is one thing I hate more than Insurance, it is making a claim, after 2 foiled attempts recently….

August 2nd, 2021 by igniite

10 Steps to a Healthier Business

Having trouble reaching your business goals? Here are ten steps to a healthier business that will help you get better…

August 19th, 2021 by igniite

The single best lesson for how to become a millionaire.

I grew up in a large family, where money was tight. It was the 70’s, in Brisbane. One thing I…

July 30th, 2021 by igniite

6 Lessons I learned ….

Owning property was a secret desire of mine, particularly when I separated and lost our family home. I thought I…

July 29th, 2021 by igniite

Igniite are proud to be an official corporate partner of the National Breast Cancer Foundation

……a cause very close to our hearts. Read more about why we choose to support NBCF on our website under…

April 23rd, 2021 by igniite

How good is your super fund?

Its that time of year again where I start to obsess about Superannuation. How is my fund going? What is…

April 12th, 2021 by igniite

7 easy ways to save for the future today by AMP

Small savings can steadily grow without sacrificing the fun things in life. Get creative, set a goal and uncover easy…

March 29th, 2021 by igniite

5 Questions To Ask At Payroll Services Providers

According to modern research, changing to an online payroll service provider can decrease costs, limit mix-ups and give you freedom…

April 2nd, 2021 by igniite

Kick-start your digital journey with Victoria’s Small Business Digital Adaptation Program

Updated 9th March 2021 What is the Victorian Government’s Small Business Digital Adaptation Program? Compromising of a $20m investment in…

March 29th, 2021 by igniite

5 little tricks to achieve the best results in Business

As a business owner, you recognize you want to constantly acquire new customers to grow and thrive. That’s why marketing…

March 29th, 2021 by igniite

5 Payroll Services Will Actually Make Your Life Better in Business

Payroll is the most important expense for businesses, and running it is often a time-consuming, and tedious. To ease the…

March 11th, 2021 by igniite

Eliminate Your Fears And Doubts About Tax Preparation

In certain ways the Tax Office / Big Brother is making it easier and easier to include everything in your…

February 24th, 2021 by igniite

Reading is a great way to expand you financial literacy

Reading is a great way to expand your financial literacy!! The other great thing about reading, for financial literacy, is…

February 9th, 2021 by igniite

Interested in starting your own business during COVID-19? Here’s why it may be a good idea

Starting a business during a global pandemic may sound far fetched, but industry experts say now is the opportune time…

November 16th, 2020 by igniite

Small Business Digital Adaptation Program

Helping Victorian small businesses build their digital capability. The Small Business Digital Adaptation Program will allow eligible businesses to trial…

October 7th, 2020 by igniite

Your 2020 Federal Budget wrap up

The Treasurer has handed down a Budget that delivers on a wide range of economic measures to support businesses and…

September 11th, 2020 by igniite

URGENT !!

Business Support Fund – Expansion $10,000 Grant To support businesses impacted by these restrictions, one-off grants will be made available…

September 10th, 2020 by igniite

Job Keeper 2.0 for business and employees;

What has changed. Business- To qualify for the first extension (28 September 2020 to 3 January 2021), you do not…

September 2nd, 2020 by igniite

JOB KEEPER 2.0

Recently the Federal Government passed legislation to extend the JobKeeper scheme until 28 March 2021, known as “JobKeeper 2.0”. What…

August 13th, 2020 by igniite

The Fair Work Commission (FWC) has made changes to the Joinery and Building Trades Award (the Award)

A new Schedule X has been added to the Award This Schedule now includes provisions for: Unpaid pandemic leave: If…

August 5th, 2020 by igniite

Coronavirus stimulus payments extended into 2021

With a second wave of COVID-19 (coronavirus) cases and returning to lockdowns, the Federal Government has announced an extension to…

August 4th, 2020 by igniite

Grant Increase for Victorian Business

Following the updated restrictions yesterday, it was announced that the Business Support Fund – Expansion program will now be increased…

July 23rd, 2020 by igniite

JobKeeper 2.0 snapshot

July 22nd, 2020 by igniite

Top Tips for Maximising Productivity with Remote Working that you need to know now.

It’s no secret that we have swiftly had to change the way we live – and work. Many companies around…

July 23rd, 2020 by igniite

11 Tax Deductions You Could Be Claiming For Business

Tax time doesn’t have to be stressful. Consider claiming these tax deductions in this financial year’s tax return to put…

July 21st, 2020 by igniite

How women can improve their financial future

A total of 44% of women rely on their partners’ income as the main source of funds in retirement. How…

July 15th, 2020 by igniite

$5,000 Grants To Support Businesses Through The Renewed Restrictions

About the initiative The Victorian Government has announced that Stage 3 ‘Stay at Home’ will be in reinstated across metropolitan…

July 14th, 2020 by igniite

How to buy your first property.

I recently bought my first property at 47 years old and it was scary and liberating! learned a few things…

July 9th, 2020 by igniite

Here we go again.

Michael Jordan famously quoted ” Talent wins games, teamwork and intelligence wins championships”. Again and again we have seen collaboration…

July 8th, 2020 by igniite

Just email the person back. It’s really not that hard.

It’s become commonplace to digitally ignore each other. And we have so many ways to do it—phone calls, texts, social…

July 8th, 2020 by igniite

Working-from Home. Lets set the record straight. Myth Versus Fact

Myth: If I use the shortcut method, I can claim 80 cents per work hour plus other equipment (that costs…

July 7th, 2020 by igniite

David Koch on Xero

July 7th, 2020 by igniite

Why my small business switched to Xero. David Koch

June 11th, 2020 by igniite

Will workplaces change forever?

For many of us, the coronavirus has been the most significant, and perhaps the most traumatic, experience of our lives….

June 12th, 2020 by igniite

Urgent Super Notification

URGENT NOTIFICATION- Deadline 23rd June. 1/ Should you be making Concessional Contributions To Super Now?  2/ Are your employee Superannuation…

June 10th, 2020 by igniite

Confused about Job Keeper Payments?

The ATO pay you for each eligible employee monthly in arrears (JobKeeper payments began in the first week of May…

June 10th, 2020 by igniite

Businesses given extra 6 months to write off newly purchased assets

The government appears to have heeded calls for the extension of the instant asset write-off, announcing on Tuesday that the…

June 5th, 2020 by igniite

CRASH SEPTEMBER

What’s going to happen when Australia gets to September and the Jobkeeper payments stop, the 6 month holiday on home…

June 5th, 2020 by igniite

Payments To Contractors

Payments to contractors operating in certain industries need to be reported to the ATO by 28 August 2020. This Taxable…

June 4th, 2020 by igniite

Superannuation Early Release

Eligible citizens of Australia and permanent residents who are affected by COVID-19 can apply to release (taxfree) up to $10,000…

June 2nd, 2020 by igniite

Positive versus negative gearing

Positive gearing Positive gearing is where you borrow money to invest and the income from the investment (for example, rent…

May 29th, 2020 by igniite

Instant Tax Write-Off $150,000

Is your business in a position to purchase new or second-hand assets? You may be eligible to use the expanded…

May 20th, 2022 by igniite

Are you a Sole Trader?

You may be eligible for Job Keeper. Registration closed 31st May. Don’t miss the opportunity. Call us now. 0412 754…

May 7th, 2020 by igniite

There is money out there now for small/medium business

Here is an example of what is on offer for a typical business, over the coming months: Cash Boost (minimum)                                  …

April 17th, 2020 by igniite

Job Keeper Step by Step

Enrol for the JobKeeper payment (from 20 April onwards) Here is what you need to know about Job Keeper  Step 1 –…

March 31st, 2020 by igniite

JobKeeper Payment

Last Night; The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support…

March 31st, 2020 by igniite

Coronavirus SME Guarantee Scheme – Supporting The Flow Of Credit

 Here is the latest information about the Loan Guarantee Scheme available to businesses.  Please read carefully and see if this…

March 19th, 2020 by igniite

Xero

Together with Bernard Salt, Australia’s leading demographer, and his consultancy The Demographics Group, we’re excited to launch Boss Insights 2020…

March 17th, 2020 by igniite

Coronavirus (COVID-19)Business Update

It’s been an interesting couple of weeks across the world, with the outbreak of Coronavirus (COVID-19). As it currently stands,…

March 19th, 2020 by igniite

Managing Corona Virus in the workplace by Employsure.

March 14th, 2020 by igniite

Could paying money into Super reduce your tax?

How does retirement look for you? You might want to travel. You may want to dine out. You might want…

March 10th, 2020 by igniite

Coronavirus is more than visiting the local supermarket only to find the toilet roll aisles empty.

The virus now has over 100,000 confirmed cases worldwide (as at early March 2020). Unfortunately a small percentage of these…

March 6th, 2020 by igniite

Bookkeeping and Business basics

1. Set up a bookkeeping system and cloud accounting is our preference these days. 2. Keep all Purchase Documents for…

November 28th, 2019 by igniite

10 Marketing Secrets to improve cashflow

1. Ensure you know your target market and potential customers within that market: This is the number one way to…

November 28th, 2019 by igniite

Staffing and Cashflow

1. Flexible staffing: Match the roster system to the peak periods, and have flexible staffing arrangements in place. 2. Sales…