Hiring the right employees is vital for the success of any business. Companies that prioritize finding the right fit for their organization often find themselves in a better position to achieve long-term growth and profitability. The hiring process is an investment in the future of your organization, and recruiting the right talent is an essential […]
The Benefits of Creating a Financial Plan for Your Business
Financial planning is an essential aspect of managing a successful business. It provides a roadmap for achieving financial goals, managing resources effectively, and ensuring long-term sustainability. By creating a well-structured financial plan, businesses can effectively navigate through various economic scenarios and make informed decisions that contribute to their overall success. This article will explore into […]
Key Considerations for Starting a Business in Australia
Key Considerations for Starting a Business in Australia Starting a business in Australia can be an exciting and rewarding experience. However, it can also be a complex and challenging process, especially if you are not familiar with the legal and regulatory requirements involved. In this article, we will outline some of the key considerations […]
Improving Workplace Productivity for Small Businesses
Improving Workplace Productivity for Small Businesses As a small business owner, you understand the importance of maximizing efficiency in the workplace. Every hour counts and every task must be approached with a sense of urgency. That being said, it’s not always easy to keep productivity levels high. With so many competing priorities and distractions, […]
Business Tips for Mining Contracting
Starting a mining contracting or subcontractor business in Australia can be challenging but rewarding. As a miner or associated with the industry, you will be potentially working alongside large & registered mining companies (Tier 1, 2 or 3 Businesses) or even listing companies here in Australia or foreign-owned businesses. To set your business up […]
Tax Treatment of Cryptocurrencies
Capital Gains Tax If you acquire cryptocurrency as an investment, you may have to pay tax on any capital gain you make on disposal of the cryptocurrency. Regardless of any market fluctuations, you do not make a capital gain or loss until you dispose of your cryptocurrency. A disposal can include: Selling or gifting cryptocurrency […]
A Guide for Start-Ups
It’s a huge step in anyone’s life to launch a business. Not only do you need to have a feasible idea and finance behind it, you will also need to deal with competition, the economy and the constantly evolving marketplace. There will be times you will need to take risks, but without risks how can […]
Bootstrapping a business
What is Bootstrapping? Bootstrapping a business is when an entrepreneur uses their own money as start-up capital for their business. The term comes from the old saying ‘pull yourself up by your bootstraps’ and refers to getting something done yourself. This method of financing allows you to have 100% ownership of your business and not […]
Register of Foreign Investment in Agricultural Land
Register of Foreign Investment in Agricultural Land From 1 July 2015 all foreign investors who hold interests in agricultural land must register those interests with the Australian Taxation Office (ATO) regardless of the value of that land. The ATO will collect information such as the location and size of property and size of interest acquired […]
Bradken to explore merger with subsidiary
Bradken to explore merger with subsidiary Beleaguered mining services group Bradken will explore a merger with a subsidiary of Chilean industrial group Sigdo Koppers, after CHAMP Private Equity teamed up with the Chilean firm to inject $70 million into Bradken. As revealed by Street Talk on Thursday, Bradken has also done a deal with its […]
What can a SMSF Invest in?
What can a SMSF Invest in? Investing through your SMSF is a tax-effective way to create wealth. Income from your SMSF (including capital gains) is taxed at concessional rates, so you should end up saving more money for your retirement. But before you start anything; before you decide whether or not investing in property through […]
What are the benefits of negative gearing?
What are the benefits of negative gearing? Positive gearing occurs when you receive more in rent from your tenants than what you pay on the likes of loan repayments, interest, property maintenance and rates. This tends to happen at times when rents are high due to strong demand and interest rates are low A negatively […]
Find your Lost Super
Find your Lost Super It is important to keep track of your super. If you’ve ever changed your name, address or job, you may have lost track of some of your super. Having several super accounts could mean that fees and charges are reducing your overall super investment. There are a number of ways to […]
PAYG withholding variations
PAYG withholding variations PAYG withholding variations PAYG withholding variations should be used when the payee (the person receiving a payment) wants to reduce their  withholding rate for the year ending 30 June. If this is you, please read further or call the office. The main purpose of varying your rate or amount of withholding is to make […]
US Tax payers left short
US Tax payers left short The US Government sold the last of their shares, in Automotive Giant GM this week. Leaving a 10 billion shortfall in the overall investment. Do you believe such an investment should be made by the Australian Government in companies such as Qantas? Interested in joining our team? Why not […]