Blog

Economic Outlook

The latest economic figures have been released and are summarised below: – 1. Inflation rose by 0.8% in January, taking the annual rate of inflation to 2.7%. This is well past the mid-point in the RBA’s 2% to 3% target range. 2. The Westpac-Melbourne Institute Consumer Confidence Index fell by 1.7% in January to a...

Natural Disasters

Just a reminder that if you have been effected by a natural disaster e.g. the recent bush fires that raged through NSW recently, you are entitled to extended periods of time to lodge and pay your tax obligations. See below the extract from the ATO website. If your business or residential address is in one...

Insurance a SMSF requirement

This week I want to look at the new requirement of a Self Managed Super Fund’s trustee’s to consider Insurance for its members when setting up a Self Managed Super Fund (SMSF). As you may be aware, your current super with a industry fund or another super provider, will include a very small amount of...

HAPPY NEW YEAR

Welcome to 2014. If you are like myself, you would have used the first couple of days of 2014 to reflect on 2013 and what you have achieved personally and in your business. I personally take this time to reflect on my business goals and make plans for the new year before coming back to...

MERRY CHRISTMAS

As another year draws to a close, I would personally like to wish all our valued clients, friends, family and everyone, a very Merry Christmas and a healthy and wealthy New Year. We look forward to helping you in the new year.