Scams and cybercrime are booming in the wake of the COVID-19 pandemic, leaving thousands of people out of pocket. Investment scams in particular have surged, costing victims more than $26,000 on average.

In the past, wealth was often passed on through an inheritance. But with our longer lifespans, and the higher cost of living (especially housing), the desire to help our kids while we’re alive and well is increasing.

Salary sacrificing into super is where you choose to have some of your before-tax income paid into your super account by your employer. This is on top of what your employer might pay you under the super guarantee, which is no less than 10% of your earnings, if you’re eligible.

Many businesses get pay wrong without being aware of it. But pay or payroll errors are a major financial and legal risk, so you need to know where you could be going wrong and ways to stay compliant.

Being in debt can really wear you down, both financially and emotionally. Whether it’s a single large credit card balance or multiple loans, store and credit cards owing, getting clear of your debts is going to make a big difference to your financial future.

Money issues are often cited as the biggest causes of stress in a relationship. Yet despite their importance, a recent survey of Australian couples found that 43% hadn’t discussed how they’d share their incomes before they committed. And close to a third hadn’t talked about their financial situation with their potential partner at all.

With an estimated 130 trillion webpages identified by Google, how do you get a look in? Search engine optimisation (SEO) is all about providing internet users with the best experience and maximising your ability to be seen.

Are you looking to either scale up or downsize, your business? We’ll help you review your existing business plan, run scenarios and forecasts, and look at the most appropriate strategy for your future.

We're thrilled to announce Luka Group is now recognised as a Xero Platinum Partner!

This is the highest possible Xero Partner level meaning that we are one of Australia's most popular Xero Accounting Firms and Luka Group is officially now in the top 2% of Xero Partners and Xero Accounting Firms!

Employers, there are some important changes to employing casuals. You must provide a Casual Employment Information Statement and offer permanent employment in some situations. Talk to us if you’d like help managing your casual workforce administration.

Whenever we're going on holiday or have plans for the weekend, we always check the weather forecast so we can plan accordingly.

As a small business owner, do you need a bookkeeper, an accountant, or both? Bookkeepers can seem a little mysterious. In fact, they deal with the organisation, the recording and the reporting of financial transactions of a small business.

With property prices rising at a record rate in many cities across Australia, the ‘bank of mum and dad’ is playing a bigger role than ever as many parents feel pressure to assist their children in buying a home.

For many Australians, home ownership is not just seen as the great Australian dream, but it also represents financial security and an important step in adulthood.

There has been an update on the relief available through NSW and the Commonwealth Government in light on the changing situation in NSW.

The Commonwealth Government is increasing support available to individuals with reduced working hours due to lockdown provisions from $500 per week up to $600 with a loss of 20 hours or more; and from $325 per week to $375 for those with a loss of hours between 8 – 20 hours.

Invoicing plays a key role in all businesses (it’s how you get paid) so understanding how they work, what to put on them and the different types is crucial. Here’s what you need to know:

The Government has announced an extension of the temporary reduction in superannuation minimum drawdown rates through to financial year 2021/22.

From 1 July 2021, minimum pensions will again be halved for all account-based and term allocated income streams as follows:

Getting your head around effective financial management, when you are busy running a business can be difficult. Get it wrong, and you could end up failing before you really get started.

Financial setbacks can appear in our lives when we least expect it. Paying back a loan like a mortgage or settling debt can be overwhelming to deal with. As individuals, we must take control and choose how to react in tough times. Here are seven strategies that may help restore your financial wellbeing in 2021.

As more and more business moves online, you need an efficient way to contact customers. An online database helps you reach out to your customers at different stages in the purchase cycle, convert searches into sales and build understanding about their behaviour.

There’s no denying the pandemic has significantly affected the finances of many Australians. Some of us are spending more, some are cutting back on non-essential spending and for others, the uncertainty has challenged us to save money for a rainy day, like never before.