6 Tips to developing an investing plan January 24, 2024 Karen Grainger Planning is always a good key to have for successful investing. Creating a plan will help you find investments that fit your investing time frame and risk tolerance, to help you reach your financial goals sooner. This article from Moneysmart sets out 6 steps to get ready for investing. https://moneysmart.gov.au/how-to-invest/develop-an-investing-plan
Accounting terms December 20, 2023 Emma Glover I have been here for 5 weeks now and have been taught a lot of things that sounded like gibberish to me in the beginning and went over my head at times. I thought to myself I would not be the only one thinking this. So, the thought came to mind that I should break […] Read More
Teaching the ‘Next Gen’ the value of a dollar December 13, 2023 Cassie Gerdtz We all want the best for our kids. We buy them everything they need and sometimes far too much of what they want, and yet somehow, it’s never enough and they’re constantly wanting more. Kids are constantly asking for things they want – lollies, toys, canteen money etc. Take this opportunity to start a conversation […] Read More
How to Market on Social Media Effectively December 6, 2023 Natasha Gardner The rise of social media platforms has revolutionised the way businesses connect with their audiences. You might wonder how social media could be instrumental in growing your business. What is social media marketing? Social media marketing involves using platforms like Facebook, Instagram, Twitter, LinkedIn, and TikTok to effectively reach a wider audience and communicate with […] Read More
Rising Cost of Living. December 1, 2023 Cassie Gerdtz Inflation… A word we’re all hearing a lot lately! Food, fuel, housing – ALL the everyday essentials are skyrocketing and has many young Australians more than a little anxious and looking at ways to tighten the belt; or find a secondary source of income! Managing your money effectively is important, especially in times of uncertainty […] Read More
Working holiday Makers (WHM’s) November 30, 2023 Lewis Thomas With 2024 being right around the corner, and harvest quickly approaching, now is a great time for arefresher on working holiday makers. As the world is becoming increasingly engaging in the global workforce, businesses are increasingly tapping into the global workforce. However, it is crucial for employees to understand their obligations when hiring WHM’s. 1. Understanding Visa Regulations: • There […] Read More
Superannuation Fund – DocuSign November 30, 2023 Kayla Hawker Superannuation Fund – DocuSign Are you interested in signing your Superannuation Fund documents electronically? If so, our software CLASS offers DocuSign. What is DocuSign? Class integrates with DocuSign as its electronic signature solution partner to provide a seamless and efficient way to get financial statements and compliance documents signed electronically. Class reports can be sent for signature at the entity […] Read More
Christmas Parties and Fringe Benefits Tax November 30, 2023 Kayla Hawker With summer and Christmas just around the corner, you may be planning a Christmas Party for your employees. It is quite common for employers to provide Christmas parties and gifts at this time of the year. The Christmas Party is considered entertainment and in some cases be subject to Fringe Benefits Tax (FBT). As an […] Read More
ATO Lodgement dates November 30, 2023 Ryan Schirmer 1 December Pay income tax for taxable large and medium taxpayers, companies and super funds. Lodgment of return is due 31 January 2024. Pay income tax for the taxable head company of a consolidated group with a member deemed to be a large or medium taxpayer in the latest year lodged. Lodgment of return is due 31 January 2024. Pay income […] Read More
First Home Super Saver Scheme November 30, 2023 Ryan Schirmer The First Home Super Saver Scheme (FHSSS) allows eligible Australians to build their first home deposit within their superannuation, utilising the tax cuts available to super funds. The scheme could boost deposit savings by at least 30% when compared to savings in a standard deposit account. Both before-tax (concessional) and after-tax (non-concessional) contributions made from 1 July 2017 are eligible for the FHSSS, these can be withdrawn from 1 July […] Read More