Did you know that while almost half of all retirees agree that hiring a financial advisor could make a huge difference when it comes to planning their retirement, only 24% actually have one? Compared to the 47% in the US…
The outbreak of the coronavirus (Covid-19) has many far reaching consequences for people’s health and the economy. The response from both federal and state governments to contain the outbreak has placed restrictions on many businesses and thus they have been…
With all the financial upheaval relating to the coronavirus right now, it’s not hard to see why the share market has gone into meltdown. As those in charge are considering a recession, there’s really no better time to learn how…
The summary of Business Announcements is as follows: FEDERAL GOVERNMENT INITIATIVES: Small & Medium Sized businesses with turnover less than $50m will receive a tax free credit to their ATO account of between $20k and $100k split equally over the…
On 22nd April 2020 Roy A. McDonald & Lindale Insurances in conjunction with Manningham Council ran an informative webinar for businesses and households struggling with the impact of the Covid-19 Coronavirus.
If you want to rent out your home, or even a part of it, the rent you charge will be considered as assessable income for your tax return. This means that the money earned will need to be declared just…
In response to the economic impact of the Coronavirus, the Government has announced a number of initiatives to help individuals and businesses at this uncertain time. The changes include accessing some of your super if you’re in financial stress,…
We all want to see our children succeed and properly preparing them for their financial obligations in the future can be a beneficial start. You’d never allow your child to jump into a pool without knowing how to swim, so…
The majority of us will strive for one thing in life, and that’s to find a comfortable balance. With that being said, we may overlook certain elements of our lives in favour of others – and this can lead to…
The two variants of small business benchmarks that have been developed include: Performance benchmarks – which apply to all different industries across the country. Input benchmarks – which only apply to tradesmen and women undertaking domestic tasks and buying their own resources…