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June 2014

2014/15 Federal Budget Overview

On May 13 the Federal Treasurer, Mr Joe Hockey, handed down his first budget. The intention was to reduce the deficit from its current $49.9 billion to $29.8 billion next year. The deficit is then forecast to reduce to $17.1 billion in 2015/16 and $10.6 billion in 2016/17.
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Personal Taxation

Covers budget changes for Individuals including the New Temporary Budget Repair Levy, Medicare Levy increase and Family Tax Benefit & other welfare reforms.
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Budget Changes For Business

Covers budget changes for business including changes to the Company Tax Rate, Fringe Benefits Tax and the new wage subsidy called 'Restart' which is designed to encourage employment of Australians aged 50 or over.
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Superannuation & Retirement Changes

Looks at the Contribution Caps and the change to the qualifying age for the pension.
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Business Start Up Corner - Thinking Of Starting A Business?

Once you have had that ‘light bulb moment’ and come up with your brilliant idea for your new business you want to get started in a hurry. However, before you make any big financial commitment you want to make sure the concept has ‘legs’. Before you make your decision regarding the most appropriate business structure there are some key considerations...
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ATO & Superannuation

In Australia, Self Managed Superannuation Funds (SMSF) account for 31% of the total superannuation assets with nearly one million (8% of total super members) members. However, the ATO has encountered some common problems in its audits in previous years...
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Where There's A Will...

Have you got a valid Will? If you’ve already made a Will, have you reviewed or updated it since there was a significant change in your life? You'll need to make changes to your Will to ensure that it still meets all of your goals. We look at some events that may prompt a need for review of your Will.
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Claiming Travel Between Home & Work

Over the years one of the most commonly asked questions from clients is, ‘can I claim the cost of travel from home to work’?  To assist you with some guidelines we have outlined what does and doesn’t constitute deductible travel between home and the workplace.
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What's A Business Worth?

The answer to this question is a bit like asking, 'how long is a piece of string'? There are so many variables when valuing a business but ultimately the business is worth what someone will pay...
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Why Your Business Needs To Be Google Friendly

In the digital age customers use all sorts of devices to research and find the goods and services they need. Mobile devices like smart phones and tablets are growing in popularity. Read why your business needs to be Google friendly...
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Mobile Money

Many banks have mobile phone apps to allow online banking. But there are a number of new apps out in the market that make running a business a little easier.
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Reading Corner - The E-Myth Revisted

A must read for any small business owner or for any aspiring entrepreneur. The eMyth (or Entrepreneur Myth) is that great businesses are started by someone with good technical skills, be that a solicitor, florist or programmer.
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One Stop Shops For Social Media

You have all your social media up and running. You’ve got a Twitter account, Facebook for business page, LinkedIn, Foursquare, Google+ page, Blogger, Instagram, Slideshare, YouTube, Flickr, Tumblr and more. If you wish you could manage all these things in one place, the good news is you can!
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Tech Corner - Parking Maestro

Parking fines will be a thing of the past with this fantastic app developed by two Brisbane men.
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A Minute On Marketing - 7 Killer Marketing Words

Some say, the pen is mightier than the sword and in marketing there are key words that can motivate the reader or customer to take action. In this article we explore seven words and phrases that are proven to boost engagement with prospects.
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