President Joe Biden -Economic recovery in USA

US President-elect Joe Biden has unveiled the plan for a $US 1.9 trillion stimulus package. This stimulus aims to control the Coronavirus situation and recover the economy. The package plans to allocate $400 billion towards their COVID-19 response. This includes accelerating their national vaccination program. It also plans to deliver a $1400 direct payment to […]

Savings and Income Tax cuts

Most Aussies have had the opportunity to save up some money during lockdown. Many of our usual activities such as eating out, commuting to work and going on holiday were put on hold. This has led to many people cutting back on their expenses and rethinking their finances. The Mid Year Economic and Fiscal Outlook […]

Grow your Business with Trade finance

International trading can be a great opportunity to grow your business. It can open the door to new customer bases, as well as new products and equipment for your business. However, businesses looking to expand internationally can often face cash flow challenges. Overseas suppliers often require payment for goods and equipment as soon as possible. […]

Invest in Commercial or Residential Property?

Purchasing residential property can be a great starting point for investors. Investing in a house, townhouse or apartment is often familiar and easy to understand.  However, it may also be worth considering commercial real estate for your next investment property.  Commercial real estate are properties primarily used for business purposes.  There are a wide range of […]

Interest rates on hold at historic lows

What does this mean for home buyers? The Reserve Bank of Australia (RBA) has held the cash rate at a record low 0.1 per cent. That’s good news for the Australian property market. The RBA is Australia’s central bank. It implements policies to help maintain the health of our economy. Altering the cash rate is […]

Grow your Business through the Instant Asset Write Off

In addition to the changes made to the instant asset write off threshold from $30,000 to $150,000 on 24 March 2020 by the Federal Government as a stimulus and tax-relief response to COVID 19, the 2021 budget went a step further and removed any write-off thresholds.  It now allows for the full expensing in the first year […]