When should you start investing? Yesterday!

Matt Richardson

I have written about this subject before, so forgive me if this is nothing new, but this concept has not changed. When people ask when the best time is to invest, the answer is always yesterday.  The reason for this answer relates to the power of compounding. This is best illustrated with an example of […] Read More

Accounting Jargon Buster…

Emma Koschitzke

Ever talking to your accountant and have no idea what they mean when they use words such as, gross profit, accruals, income statement or balance sheet…? Like any industry, there is ‘lingo’ associated with it that gets thrown around. But this lingo is not always explained and at times, just assumed that you will know […] Read More

Cafe Employee

Employee Entitlements and Rights

Rohan Brown

Employment related issues are often very complex and therefore a specialised area when requiring consultation. As Accountants we are often asked questions in relation to these matters and although we often have a working knowledge of the rules, by no means are we experts in the area. So where can people access assistance with employment […] Read More

First homebuyers grant

Save for a House Deposit

Ross Laycock

Start building your home deposit today. Buying a house is exciting and life changing. It all starts with saving for the deposit. Find out how much you’ll need to save and get tips to help you save faster. How much you need for a house deposit A great savings goal for a house deposit is: […] Read More

Basic Customer Service

Peter Cramer

Let me share an experience of recent times that has reinforced the importance of showing genuine interest and concern for your potential customers. Many businesses struggle and cannot differentiate themselves from the next business selling the same product. (Well, they could, but they cannot work out how to!) I was after a product that is […] Read More

Regional Travel Voucher Scheme

Emma Koschitzke

Did you know that any Victorian resident over the age of 18 can apply for the ‘Regional Travel Voucher Scheme’? This includes a $200 voucher (per household) providing you have spent at least $400 across the following categories: At least 2 nights paid accommodation Paid tours & experiences Entry fees to regional attractions As we […] Read More

Changes to Casual Overtime Award Clauses

Shane Bryan

On 30 October 2020, the Fair Work Commission (the Commission) announced updates to the casual and overtime clauses in 97 awards. The updated clauses start from the first full pay period on or after 20 November 2020. To find out if your award is affected and what you need to do, click the links below: […] Read More

Carry-forward Super Contributions (An important reminder!)

Matt Richardson

Earlier in the year I wrote an article about this topic.  I am finding this continues to be a fantastic opportunity (and is often overlooked) for those taxpayers who: Have a Total Superannuation Balance (TSB) under $500,000; Would like the ability to reduce their taxable income; Would also like to provide for their retirement by […] Read More