Federal Budget 2024

On Tuesday 14 May, Treasurer Dr Jim Chalmers handed down the 2024 Federal Budget. The Budget seeks to balance the competing priorities of reducing inflation, while providing cost of living relief, better outcomes for aged care and childcare staff, and delivering housing and future investment opportunities. The Government is framing its election pitch in the context of delivering two out of three budget surpluses in their three-year term, with the…  Read more

Unlock the Essentials of EVs: Practical Insights

Are you considering upgrading your vehicle? Have you explored the benefits of electric vehicles (EVs)? The Government’s push for consumers to choose electric vehicles represents a shift towards more affordable and sustainable transportation options, with the added benefit of tax incentives. Choosing an electric vehicle now offers greater tax advantages than purchasing a fossil fuel vehicle of the same price. However, in addition to the financial and sustainable benefits, there…  Read more

What is financial planning?

To many people, financial planning is perceived as something only for the wealthy. In fact, financial planning is about having long-term and short-term financial goals and developing a plan to achieve those goals, no matter your financial status. It’s about knowing how to make the most of your money – whether that’s putting a little extra into savings one month or paying off a bit of debt more quickly. The focus…  Read more

How a business advisor can support your business

Operating and growing a business is tough, but it can be a lot easier with a business advisor in your corner. So what exactly is a business advisor? And do you really need one? In a nutshell, a business advisor provides business owners with ideas, valuable insights, and expert business advice on how they can manage their business more effectively. They can help you solve complex issues and bridge a…  Read more

Differences Between an Accountant and a Financial Planner

When it comes to managing your finances, there are two professions that can help you understand your numbers, and ensure you have a plan to get to where you want to be. Accountants and Financial Planners can both play an important role in your financial success, but there are some important differences between the two. For any successful business, it is advisable to have both an accountant and a financial…  Read more

Audit Insurance

Tax Audit Insurance protects a business from unexpected costs incurred in the event that it is selected by the Australian Tax Office (ATO) for compliance auditing. An audit insurance policy covers the costs of accountants, other professional fees and associated costs incurred in the course of an audit. Increasingly, the ATO are focusing on small to medium businesses and individuals, particularly those with more complex affairs such as trusts, self…  Read more

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