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With the pandemic once again tightening its grip around many parts of Australia, today we’ll run you through hardship and grant options that could be available to you or your business.   Setting all politics aside, it’s safe to say no one wants to be here. Yet here we are – this time with no […]

Australia is a tale of two economies right now, depending on the state or sector your business is based in. Today we’ll run you through three cash flow tips for your business, whether it’s growing or struggling.   Covid-19 has really brought a two-speed economy to the fore in Australia. For some businesses, the stop-start-stop

The start of each financial year serves as a good reminder for ensuring an investment property portfolio and strategy is performing to its full potential. BMT Tax Depreciation is Australia’s leading supplier of tax depreciation schedules and has a team of experienced property investors on board. Here are their four key investment tips to starting

As if Australian business owners hadn’t faced enough challenges this past year – now the dreaded annual insurance and workers compensation premiums will soon arrive in mailboxes. Here’s how to smooth ‘em all out (and get an early bird discount!).   If you’re a business owner, you know there’s no shortage of big bills you’ve

After 18 straight RBA cash rate cuts it can be easy to dismiss the notion that interest rates might rise again. But if the cash rate returned to mid-2019 levels, how much extra would an average new mortgage holder expect to pay each month? Let’s take a look. They say what goes up, must come

If you’d like to buy your first home with just a 5% deposit and pay no lenders mortgage insurance (LMI), then you better act quick, as thousands of first home buyers are expected to rush to apply for the limited spots up for grabs.   And if you’re a single parent with dependent children, a

Australian businesses have shifted things up a gear this year, with new asset finance figures revealing a 187% rise in light commercial vehicle purchases since January. The spike in business vehicle financing was driven by sales of all classes of vehicles, no doubt partly due to SMEs making the most of the federal government’s temporary full

Even when submitting an honest tax return, you may still attract attention from the Australian Taxation Office (ATO) due to their advanced data matching flags. The ATO aggressively pursues individuals, businesses and self-managed super fund with regular audits, enquiries, investigations and reviews. If subjected to an ATO action such as these, it can be time-consuming

Keen to buy a vehicle, asset or another vital piece of equipment for your business and immediately write off the cost? Well, you better get cracking, as we’re officially entering end-of-financial-year territory.   How time flies. It feels like only yesterday that we were gearing up for the year, and now, it’s all systems go

Small businesses in dispute with the ATO over their tax debt will get “a fairer go” under new rules proposed in the federal budget. Meanwhile, one-year extensions have been granted for the full asset write-off and loss carry-back schemes. Let’s break it all down. There’s a lot to digest in this year’s pandemic-recovery federal budget. So