Will These Super Changes Affect You?
As our superannuation balances grow larger, it makes more sense than ever to keep track of the many rules changes that have recently happened or are coming up soon. Australians are investing more in super – almost $151 billion dollars in the year ending March 2023, an increase of 11.3 per cent.i Those extra contributions, […]
Winter 2023
Welcome to our June newsletter. As winter sets in and the end of the financial year approaches it’s a good chance to spend some time tidying up and reviewing your finances. We’ve put together some practical ways to help you get your financial affairs in order, from assessing your current situation and dealing with necessary […]
2023-24 Federal Budget Analysis
Treasurer Jim Chalmers bills his 2023 Federal Budget as an economic strategy to help ease cost-of-living pressures. To that end, he has delivered a modest but welcome package of cuts to healthcare, housing and energy costs as well as boosts to welfare payments for single parents and the unemployed. Banking an unexpected bonus in increased […]
May 2023
As the days get shorter and temperatures begin to fall, Federal Treasurer Jim Chalmers is working to complete his second Budget, due to be delivered on Tuesday 9 May. All eyes will be on the Reserve Bank board next week as it meets prior to the Federal Budget to decide whether or not to increase […]
Three simple steps for financial wellness
If money’s too tight to mention, here’s some small steps that can make a big difference in achieving your financial goals. How would you rate your level of financial wellness? Do you think you’re in a good position to meet your immediate and near-term financial obligations? What about your long-term goals? They’re tough questions, asked […]
Retirement Planning: it’s not all about the money
Retirement is often a massive life change for the majority of people who experience it. Most of us will have mixed emotions around the end of our working life and the beginning of our ‘second half’. For some it will be a relief, and something they have long planned for and are looking forward to, […]
April 2023
Welcome to our April newsletter and, as the days are getting shorter, there’s definitely a bit of a nip in the air. While temperatures may be cooling, the financial markets are continuing to generate some heat as investors keep a close eye on activities in Australia and overseas.In particular, the regular increases in official interest […]
Things to look out for this end of FBT year – 31 March 2023
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT updates and problem areas: Housekeeping essentials FBT exemption for electric cars Work from home arrangements Car parking changes Mismatched information for entertainment claimed as a deduction and what is reported for FBT purposes Business asse
Autumn 2023
With Autumn underway, the changing season is a reminder to take stock and prepare for what’s ahead as the financial year heads towards its final quarter and the May Federal Budget. If taking stock also means contemplating your retirement plans, there is a trend towards fewer people working towards a final retirement date and then […]
How to tap into a world of exporting possibilities
Selling your goods or services overseas can seem like a big leap – and there are certainly some hurdles – but it could be good for business. Exporting can provide your business with benefits such as increased productivity, increases in sales and profits, new customers, and clients and potentially better growth opportunities. In fact, exporting […]