
Latest Blog Posts
What Will Work Next?
The good thing about our clients is they often provide us with new ideas and different things to think about. There’s always a question and hopefully it makes us better advisers. More experience benefits the needs of our existing and future clients. If you like to play the hypothetical game of “what if I’d stuck all my money into X?”, what would you discover?
The Financial Year No-one Saw Coming
As we near the end of yet another financial year, many businesses have found themselves in a world we could never foresee. Primary producers & reliant businesses have continued to have reduced turnovers & increased costs because of ongoing drought conditions, traditional retail businesses are increasingly impacted by an online world & the impact of COVID-19 has been felt by every individual and business.
COVID19 & the Impact on Business: Key Dates & What You Need to Know!
As the business world slowly navigates the “new normal” brought upon us by COVID19 there are many dates, lodgements, enrolments & ongoing requirements to consider. Unsurprising then that the prospect of seeking assistance for many is daunting. To help clarify requirements, we have provided a summary of the key information for businesses who have suffered a downturn & can meet the eligibility requirements for the Jobkeeper payment.
Here is What You Need to Know as COVID-19 Continues
On a national basis, nearly 500,000 people have been tested with 6,649 confirmed cases. New cases appear to be levelling off. If we use the tests as a gauge for where we are, Australia seems now to be doing quite well. Flattening the curve as they say.
Want wealth? Stop comparing! Lifestyle Comparisons Will Hold You Back From Reaching Your Goals
Letting the actions of others determine our feelings isn’t sensible. Especially when it involves money.
Investments & Taxes - What You Need to Know
It is extremely important that you know your tax for investments. No-one wants to lose all of their return go straight to tax!
2019 Q3 Update - What the Markets Are Doing & What You Need to Know
It was a mixed quarter and economic data reflected that. Developed markets making small gains while emerging markets fell.
What do Low Interest Rates Actually Mean?
Yes, interest rates are low, but what does this actually mean for you?
The Federal Government Super Enquiry - The Questions that Need to be Asked
The next legislated increase in compulsory superannuation contributions is scheduled for July 1, 2021. However, it appears as though the next increase (and those to follow) may actually hurt due to low wages growth.
Self-Managed Super Fund Lodgement Date Incentives - What You Need to Know
The ATO has recently introduced a new incentive to encourage on-time lodgement of SMSF returns.
COVID-19 Overview - What You Need to Know Now
Welcome to our latest COVID-19 update. On the government response, governments and central banks around the world have done their best to offer a response that may mitigate the economic fallout as much as possible. No stimulus will or can be perfect, and there will be economic casualties. This is the reality, as it is in every downturn.
COVID-19 Small Business Questions Answered
This week we thought we’d take the opportunity to pass on some direct information around specific questions our clients have been fielding. We’ve gone straight to our Director, Cos Schuh to answer these common questions coming in from some of our small business clients
COVID-19 - The Latest Stimulus Explained
There certainly is a lot of information out in the market regarding assistance and relief available for businesses and individuals who have been impacted by Coronavirus. While we have been distributing updates on the assistance options available, this post has been created as a comprehensive summary of these as of 30 March 2020 so that you have them all in a single location.
COVID-19 Stimulus & Support Package Explained
The news around COVID-19 continues to move fast. In the face of tight measures to keep people safe and slow the spread of the virus, Governments are moving to alleviate the impact on individuals and businesses. Sunday’s stimulus had the following measures included.
Government Response to Coronavirus (COVID-19) - What You Need to Know
We may be in the middle of some interesting times with the Coronavirus, but late last week the government has announced its economic response to the Coronavirus in the form of a $17.6 billion economic stimulus package. The package has been marketed as a measure to protect the economy by maintaining confidence, supporting investment and keeping people in their jobs.
A Message On Recent Market Falls
When the market falls 7% in a day. There’s no sugar coating it. It’s very painful. What now? We’ve been through this many times before. Our experience tells us to do nothing. With every previous market fall there has been a recovery.
March Market Update 2020 - What You Need to Know
The Corona Virus. For weeks there was calm. Then suddenly there was panic. Admittedly, it was surprising. Markets have been moving upwards without a hitch for a while and initially they shrugged the Coronavirus off. Australian investors, getting little joy from cash, may have been pushing into the market. The US has been offering solid economic growth to underpin its market.
The Millionaire's Dilemma
It’s no secret interest rates are low. Have ten grand in the bank? If you’re lucky with a ‘high interest’ account, at the end of the year you’ll have made $200. That’s before the tax man and inflation come calling. For those with a small amount who can’t get their head around the concept of risk, it’s dire straits.
Farm Management Deposits & the Retirement Trap. What You Need to Understand.
Primary production is often referred to as a game of chance. Fluctuating seasons, changes in demand and commodity prices dictate the rules of the game that no-one can predict. A pro-active approach to retirement can result in a healthier financial position with the income tax burden being reduced.
Getting Hitched in 2020 - These are the Questions You Need to Ask for a Financially Strong Relationship
Getting hitched? Just as important as the dress, the cake & the destination of that one big day, is the day-to-day realities of how you will plan, save and invest for times ahead. Here are five tips to make marriage & money work together.