What is depreciation? And why it's important
Depreciation is what happens when business assets lose value over time.
It’s an often-forgotten cost of doing business – but it shouldn’t be. Here’s why depreciation is so important:
Budgeting for baby: What you need to know
Having a baby is an exciting and life-changing experience. But what about the cost? There are many hidden and unexpected expenses that go along with your new bundle of joy. Follow our handy guide to planning your finances, so you can avoid money worries once baby arrives.
Why accurate leave management is so important
Taking a relaxed approach to leave management can put the health of your employees and business at serious risk. Here are the leading reasons for diligently tracking, managing, and paying leave.
Australian housing finance is booming - but can it continue?
Loan commitments for houses have reached record highs as Australians take advantage of low-interest rates and homebuyer incentives. But is this momentum sustainable?
How to save for retirement in your 40s
Although retirement may not be on your radar just yet, the financial decisions you make in your 40s can affect your quality of life in your retirement years ahead.
Reviewing your investments, aiming to be debt free, and updating your insurances are some key things you can do today to ensure your transition into retirement is a smooth one.
Tips for dealing with problem employees
A troublesome employee can cause quite a bit of harm to your business, so you need to take action sooner rather than later. Here are some great tips for turning negative behaviour around.
Is your business ready for Hybrid working?
Want to embrace the future of work? Talk to us about reviewing your business model, software systems, and people strategy to help you get ready for hybrid working.
How to protect your finances from cybercrime
Cybercrime rose sharply in 2020, as more people worked, shopped and socialised online due to Covid-19. Anyone can be a target, so it’s essential to be proactive when it comes to protecting your finances and identity online. Here’s what you can do to stay safe…
Small business bookkeeping - here’s how
Bookkeeping has gone from hand-written ledgers to high-tech automation – but it’s just as important for a small business as ever. Want to get your head around keeping good financial records? Start here
Money mistakes in your younger years
If you’re looking for somewhere to start when it comes to creating a budget, jot down what money is coming in, what cash is required to cover the bills and any loans you’re paying off, and what might be leftover to split between savings and the fun stuff. This will help you identify where there’s room for movement and where you could be cutting back.
Who are your competitors? And what do you know about them?
Knowing who your competitors are, how they compare, and what their competitive advantages are is vital business intelligence. Do your research, talk to customers, and find your point of difference.
Rethinking retirement
If you were working towards a retirement date and Coronavirus has meant a change of plans, it can be hard to move the goal posts. Could you gradually reduce your hours to make stretching out your years at work more do-able?
Understanding account-based pensions
Once you decide to retire you can access your super as a lump sum or start an account-based pension (also known as an income stream) or do a combination of both. The benefit of starting an account-based pension is that it provides a regular tax-effective income during your retirement.
Property investment vs shares
An age-old question is whether it’s better to invest in property or shares. There is actually no right or wrong answer. It all comes down to your preferences and approach to risk.
How much Super should I have?
A healthy super balance is a key ingredient to living comfortably in retirement. But for many people, retirement is a long way off, and it can be hard to know if your super is on track. If you’ve ever been curious about how your super savings match up, read on to find out.
Four thoughts on cryptocurrency in 2021 and beyond
Some cryptocurrencies have experienced a surge in value (and interest) since the pandemic. However, there’s a long way to go before it becomes clear how to determine their fundamental value.
Economic Update February 2021
Volatility associated with November’s US election should finally be over, enabling investors to refocus on economic prospects and the outlook for corporate profitability and central bank policy.
Getting your affairs in order
It’s an uncomfortable truth, knowing that one day we will pass away. No-one likes to think about the distress it will cause their loved ones or what kind of burden they’ll be left with. That’s why death is often considered a taboo topic of conversation, along with money and politics.
Insurance Premium Update
The Australian Life Insurance Industry is continuing to see a higher incidence of claims than expected for income protection insurance and that people are remaining on claim for longer periods than in the past.
Saving in your 30’s
Some big life changes – and big expenses – can occur in your 30s. The key to maximising your retirement savings now is making savvy, forward-thinking financial decisions