How will the latest Federal Budget affect middle-market businesses and people? In the 2024-25 Budget led by Jim Chalmers, there's a focus on balancing support and caution. Measures like rebates on power bills for homes and small businesses, cheaper medications, and announced tax reductions aim to address the ongoing high cost of living. …


During tax season, the ATO pays close attention to specific areas where taxpayers are inclined, either unintentionally or intentionally, to make errors. So, what's under their radar this year? They're focusing on record-keeping, work-related expenses, rental property income and deductions, sharing economy earnings, and gains from crypto assets, property, and shares. …


Parents often want to support their children, especially when it comes to big milestones like buying a home. But there are some important things to consider before diving in. …


Buying your first home is a significant milestone, and it's essential to approach it with careful planning and consideration. Here are the steps you'll typically go through when purchasing your first home,  …


One of the most frequent questions we get from clients is how they should invest in shares. In this blog we will discuss the difference ways you can go about it and why we recommend indexed funds and how you can benefit. …


After crunching the numbers, we discovered that an individual with a $600,000 loan could potentially save more than $160,000 in interest over the loan's lifespan and shorten the repayment period by over five years simply by opting for fortnightly payments instead of monthly ones.  …


These days, one-on-one marketing—that is, contacting people directly—is fast becoming one of the best forms of marketing available. This is happening for some very sound reasons—better response rates, higher sales, improved profitability, and the creation of a saleable asset, just to name a few.

This information, then, is designed to give you insight into some of those benefits and just why your customer database—a detailed list of customer names, personal details, and, in some cases, spending patterns and other information—is so important to the future of your marketing. …


A team commitment is literally that. A commitment by the team to the customers. It clearly states what the team is willing to commit to do for the customers. Team commitments are very powerful tools that increase your customer’s level of confidence in your business. …


Imagine you’re going on a journey. What are the 2 key things you need to know before you go on any journey?

How you’re going to get there, how long it will take, how much money it will cost, who will be going with you—all are important considerations. However, there are 2 key things you must know:      
Where you’re going and Where you are now.

When you think about it, these are the 2 most critical points. A business plan is designed to map out that journey.

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Hey there, party planners and business owners gearing up for the festive season! If you're in charge of throwing a Christmas bash for your awesome team, you might be wondering about the nitty-gritty of tax-deductible shindigs and gifts. Don't worry, we've got your back – let's break it down for you.

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Today, we're diving into the world of taxes for doctors and dentists.  We're here to clear the fog and give you some valuable insights into how doctors and dentists can legally mimimise their tax. …


If you're feeling a bit overwhelmed by the world of investing and want a straightforward approach to building wealth, look no further than dollar-cost averaging, or DCA. It's a method that can help you grow your money steadily over time, without the stress of constantly monitoring the ups and downs of the stock market. …


In a world where hustle culture and the glorification of busy are the norm, Tim Ferriss' groundbreaking book, "The 4-Hour Workweek," offers a refreshing perspective on life and work. …


This information is designed to give you insight into why it is important to decide where you want to be positioned in your market. 
You’ll find out what establishing pricing policy involves for your business and what it could mean to your future. …


 How to Ask for Google reviews can be super awkward. But you need Google reviews to build trust with future clients . Here’s how to start... …


We all want to support our children in various ways, including financially. Whether it's helping them with their first car, covering school fees for our adorable grandchildren, or even assisting them in buying a home, our parental instincts kick in to lend a helping hand. But here's the thing: simply giving away money can come with risks that we may not have considered. …


For many Aussies, having a beach house or a country getaway is like a dream come true—a perfect lifestyle purchase. However, considering the potential costs involved, one common way to make it financially viable is by renting out your holiday home to the public, either partially or for the whole year. …


Today, we will dive into an intriguing topic that could save you a considerable amount of money: tax benefits and the role of a Quantity Surveyor's Report for residential properties in Australia. …


A novated lease is a car finance option that allows you to treat your personal car like a company car. When you salary package a novated lease, you agree to forgo a portion of your salary in return for a fully maintained car. This allows you to make significant tax savings. …


The Federal Government has handed down its 2023-24 Budget which outlines its economic forecasts and identifies key priorities including cost of living relief and growing the economy.

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It has been a standard procedure in most medical centres to collect fees on behalf of independent contractor doctors and provide them with premises and administrative services to see their patients in return for a service fee. In fact, over 80% of medical centres are set up this way. However, as a result of a recent case Thomas and Naaz Pty Ltd v CCSR these medical centres may now be at risk of potential payroll tax exposure..  …


If you have a family discretionary trust you need to be aware that the ATO is targeting this area. Where your trust is used to distribute income to family members on lower tax brackets the ATO is seeking to essentially tax trust distributions to family members that do NOT physically receive that money, at the maximum tax rate of 47%... …


With the upheaval experienced to all aspects of our lives due to the Covid pandemic, it is not surprising many people are questioning their career choices and considering major changes. As a result, we are expecting to see a surge in business start-ups in 2022. New business owners often focus on the product or service offering, financial aspects or other mechanics of start-up whilst neglecting their marketing plan, instead of making it a priority…

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In part one and two of this series of articles we identified the fact that there is no secret formula or magic potion that guarantees financial success in business, however, there are some key ingredients that successful businesses have in common.  In part three we look at the importance of building a great team, having a lead generation website (including video content) and building a customer database...    …


Wishing all our clients and their families the very best for the Festive Season and a safe & happy 2022. Please note we will be closed from Friday 24th December and re-opening Monday 10th January 2022. In the meantime, and in case you missed it, check out our latest Business Accelerator Magazine, full of articles and news about growing and nurturing your business. This edition includes our second article in a series on What are the Key Ingredients for a Successful Business? As well as articles on the ATOs new Stapled Super Fund rules, an examination of why start-ups fail and info on the rules around the newly introduced Company Director ID Number… …

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