Blog
2012 Federal Budget
Well this week saw the release of the Labour budget. I would have to say I’m not a fan of what the budget entails. I have read the budget release and other notes that have come out with the budget. This budget has nothing in it for anyone in particular. There are no winners in...
Interest Rates – May 2012
Well I called it about 2 weeks and it happened. The Reserve bank had no option but to reduce rates. The real interesting fact out of all of this is that the if the bank stood up and showed some concern, the RBA most likely would have only dropped rates by 0.25%. I feel the...
Why Businesses Fail?
There are many reason that cause a small business to fail. The majority of them are caused by bad financial management – poor cash flow, debtors out of control, lack of focus on profit margins, trading beyond your business’s ability to meet commitments. All of these issues identified can be rectified if they are correctly...
2012 Tax Tips
Maximise super contributions Last year for people over 50 to put in $50,000. For everyone under 50 the limit is $25,000 DON’T go over this limit. Pre-payments Bring forward any payments or repairs and maintenance that you can do this year to increase you deductions this year. Pre-pay 12 months worth of any expenses you...
2012 Small Business Champion Awards
Well the day has come for the big champion awards at The Westin Sydney. Callaughan Partners is up for an award in Business Services and Brad Callaughan is up for 2012 young entrepreneur of the year. We have arrived at The Westin ready and excited for the awards and hoping that we can come home...