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Why does your business exist? Your purpose is roughly three to seven words explaining why your business exists for your customers. Your purpose should be about THEM, not you. It is a small statement, with immense power. EXAMPLES: Tesla: To accelerate the world’s transition to sustainable energy. Walt Disney: To make people happy. TED: Spread…
Everything you wanted to know about buying a home
Ready to make the leap from renting to buying a home? Well, before you begin the search for your perfect home there are lots of questions to ask yourself. Here are some of the big ones. Do you need to own your home? For most people home ownership remains part of the great Australian dream,…
Tax Tips for Individuals
Are you capturing all your work-related deductible expenses to make the most of your tax return? Income The Australian Taxation Office (ATO) automatically receives information from your employers about salary and wages that you have been paid for the financial year. You need to declare all income from other sources on your tax return as…
Create a one-page business plan
To make a success of your business, you’re going to need a robust business plan – particularly as we face challenging times. With a one-page business plan behind you, the company has a real sense of strategic direction and a set of core goals to refer to and track against. But what are the key…
JobKeeper Scheme extended and amended
JobKeeper extended until March 2021 The government has announced changes to the JobKeeper payment scheme, which will see it continue until March 2021. The current system will remain unchanged until 27 September 2020 as planned, providing $1,500 per fortnight for employees and eligible business participants. However, from 28 September the changes will apply. There are…
2018/2019 Federal Budget Overview
Individuals A seven-year Personal Income Tax Plan will be implemented in three steps, to introduce a low and middle income tax offset, to provide relief from bracket creep and to remove the 37% personal income tax bracket. The Medicare levy low-income thresholds for singles, families, seniors and pensioners will be increased from the 2017/18 income…
