There’s no denying our first financial lessons come from our immediate family or the people closest to us. However, the money lessons being instilled in us are rarely sound financial advice which will work in our favour. Here are some…
The last couple of years for business owners have provided for some unprecedented changes. Victorian small businesses have had to adapt to new technology and to seek opportunities to improve business practices and customer relationships. As we start moving into…
It is important to remember that whenever claiming business expenses in your tax return as a deduction, you must have the records to substantiate your claims. There must also be records as to how you worked out the business use…
Identity theft effects thousands of Australians every year. Stolen information is used by criminals to commit identity crimes. When this occurs, victims are left with a bad credit rating which can then impact their ability to get a loan, run…
We believe advisers are never more important than during periods of significant change. As the market transitioned from growth to value, change was everywhere, making the need for advice and reassurance with clients greater than ever. Over the past two…
2022 was a turbulent period for financial markets. The Russian invasion of the Ukraine, along with high inflation, increasing interest rates and slowing economic growth has resulted in falling asset prices. There had been a 9.6% decline in the ASX…
Two Federal Budgets in one year – what a treat! Nearly a decade after Labor’s last Budget, Jim Chalmers delivered his first Budget with only a few new proposals that may impact the financial planning space. Most of the relevant…
The October Federal Budget appeals to families, patients accessing medicines, renters and home buyers, and those in vocational training. An estimated $28.5 billion in revenue will be clawed back in this Budget through a variety of means, including tax compliance…
With inflation rising, low bank interest rates and volatile markets, here are a few tips to help you think about what you could do to boost your household’s bottom line. Recheck your eligibility for the Age Pension. If your assets or…
The Australian Taxation Office (ATO) have created some helpful videos to assist you in understanding what your record-keeping obligations are if you own or are investing in a rental property. The videos include the following: An introduction to rental property…