From Float To Failure: The Ugly Story Of Dick Smith Early last month, the Senate announced an inquiry with terms of reference that cover the collapse of Dick Smith Electronics. There is a lot for senators to pore over in the float and failure of Dick Smith. From its float to its failure, the story […]
Why is A Business Cash Flow Important?
Why is A Business Cash Flow Important? A small business cash flow determines its future. If the business has enough cash it will thrive, if it does not have cash it will collapse. A cash flow statement shows the exact amount you are making. Cash on hand can let you do the following; Pay your […]
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 […]
Super update from the ATO
Super update from the ATO Some SMSF statistics As at 30 September 2013, there were over 516,000 SMSFs holding around $531 billion in assets. Although SMSFs are nearing one million SMSF members (980,000), or 8% of the 11.6 million members of Australian super funds, they account for 31% of the $1.6 trillion total super assets […]
