What is a Director Identification Number (Director ID) and do I need one? March 16, 2022 Kerry Schultz You may have heard about the new rules which require directors of Australian companies to obtain a Director Identification Number (director ID). The new requirement to obtain a Director ID also applies to individuals who have an SMSF or Trust with a corporate trustee, which is why I wanted to bring this new requirement to […] Read More
Demand a Refund! December 3, 2021 Ross Laycock Have you ever thought that you may have paid for unnecessary insurance or taken out unnecessary extended warranty? There may be opportunities available to apply for a refund if you can prove that this has happened to you. From a little bit of research, it appears a lot of people have been caught out and […] Read More
COVID Boredom Busters November 1, 2021 Kayla Hawker As the COVID-19 pandemic continues, you wouldn’t be the only one that feels a little bored. Many of you may be finding it hard to stay positive and mindful during the lockdowns and periods of restriction. Chelsea Pottenger from EQ Minds suggests 4 ways to stay mindful during these tough times. Try a short, guided […] Read More
Financial Literacy September 22, 2021 David Hadley Recently I read a great post on Facebook by Ric Payne in relation to financial literacy. Ric mentions that he was talking to a friend and that they were looking at buying a rug. The retailer was offering interest free terms, however there was a small monthly fee of $8.95, hardly $2 per week. The […] Read More
Cutting Out Digital Distractions September 15, 2021 Ryan Schirmer The information age we live in is fantastic; need to look up the closest restaurant: Google it. Need to get instructions on how to do anything; Look it up on YouTube. Want to know what your Friends & Family are up to; Facebook them. However, with all this excellent information at our fingertips 24/7 365, […] Read More
Do You Have A Will? September 8, 2021 Emily Moore Have you been Meaning to do a Will? What is a Will? Our death is not a subject we like to think about, but having a will is the best way to make sure your possessions and property go to those you intend. There are three things a Will generally needs in order to be […] Read More
When should you start investing? Yesterday! July 16, 2021 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… June 25, 2021 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
Superannuation Guarantee to increase from 1 July 2021 May 7, 2021 Karen Grainger The superannuation guarantee (SG) is set to increase from 9.5% to 10% from 1 July 2021. SG is payable on an employee’s ordinary times earnings and has been 9.5% for a number of years. The SG rate is set to increase over a number of years when in 2025/26 it will be 12%. As an […] Read More
Employee Entitlements and Rights May 4, 2021 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