The Government announced further changes to the JobKeeper Payment program, to assist more businesses qualify for the previously announced JobKeeper Payment extension that applies from 28 September 2020 to 28 March 2021.Under the changes, a business or not-for-profit will only be required to satisfy the turnover test in: Sept 2020 quarter…
Due to the Coronavirus pandemic, the Australian Government made a number of announcements about relief packages to help Australians through this difficult period. The most recent relief package announcement was to introduce the HomeBuilder scheme in an effort to stimulate the building industry, creating jobs and economic growth, and for those lucky enough to be able to take advantage of this, providing the opportunity to build or renovate the home of your dreams.
SuperFriend takes us on a journey to help us understand that mindfulness is about keeping our thoughts in the present - not thinking about what will happen next and not going over the past. It’s being aware of our current emotions and sensations, without reacting to them. Mindfulness is about keeping your thoughts in the present - not thinking about what will happen next and not going over the past. It’s being aware of your current emotions and sensations, without reacting to them. Sounds simple but the reality is most of us have busy working lives that can leave us feeling anxious, stressed and over-committed. Fortunately, there are a few simple things we can do to bring calm and focus into our workdays.
Are you a new technology pioneer, or a proud ‘technophobe’? Wherever you sit on the digital spectrum, the transformative power of technology is undeniable. What’s important is how you harness it. From energy to communications, cars to apps and beyond, there are a myriad of ways that technology can help you simplify your life, save money and lessen your impact on the environment. But while it can be easy to get swept up in the latest fad, it’s important to be able to identify the truly game-changing offerings for personal use and for investment potential. Whether you want to keep track of your income and expenses through good budgeting software or are thinking about investing in household technology to help you if you’ve started working from home for the first time - doing your research can help you both spend and save safely and wisely. Read on for information on technology solutions you can consider.
2 April 2020 You, or someone you know, may have had a change in circumstances and may need support. We have put together some information to help you navigate these uncertain times and to answer some frequently asked questions.
This animated video by Kurzgesagt provides a handy explainer on how the virus works.
Small business loans – relief packageAustralian banks will provide support to eligible small businesses by deferring loan payments for up to six months, where assistance is required as a result of COVID-19. The intention is for banks to implement this as soon as possible. If you haven’t yet been contacted…
A number of measures have been announced to support Australians and the economy in response to the Coronavirus. We have put together some information to summarise the key measures and to assist you in understanding the help that could be available to you.
The Federal Government has unveiled a $66 billion economic stimulus package.
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 0.50 per cent. The Board took this decision to support the economy as it responds to the global coronavirus outbreak.
According to a 2018 survey by research firm East & Partners for Scottish Pacific, nearly 80 per cent of small and medium enterprises (SMEs) said cash flow issues caused them the most sleepless nights,1 whilst a 2019 survey by the same group highlighted that the number of SMEs planning to borrow from their bank to fund business growth has halved in the past five years to 18.3 per cent2. If small businesses are struggling with cash flow, but not willing to borrow from their bank what strategies are they considering to improve cash flow, grow their business and ensure longevity of their livelihood?
We cannot control or influence curve balls life throws at us such as sudden trauma or loss, but we can protect ourselves from the impacts by having a sound estate plan in place and appropriate insurance cover.
TimesharesBuying holiday timeTimeshares are a form of ownership or right to use a particular property or properties, such as a holiday villa, apartment or cabin for a set period of time. You can buy timeshares in Australia or overseas but be aware they are a long term commitment and can be…
Franklin Templeton’s 2019 Retirement Income Strategies and Expectations (RISE) Survey uncovered four findings that may surprise you.
Save yourself this Christmas If the festive season usually leaves you out of pocket and feeling like you spent more time and money battling the crowds than relaxing with friends and loved ones, why not simplify things this year? Here are some quick and easy tips to help you enjoy the holiday season without breaking the bank.
The instant asset write-off threshold has been increased to $30,000 and extended to 30 June 2020.
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent.
https://arcogroup.com.au/wp-content/uploads/2019/05/1326231592.mp4EOFY 2019 Tax tips and tax return checklist To help you complete your tax return, this checklist outlines income and expenses you need to disclose to the Australian Taxation Office (ATO) when lodging your return. We’ve also provided an overview of the types of tax offsets and deductions you may…
Purchasing an established business can be complex. Here's what you need to know.
In 2018/19 • Low and middle income earners will benefit from tax savings as a result of an increase in the low and middle income tax offset. • The instant asset write-off threshold will increase from $20,000 to $30,000 for small and medium sized businesses with aggregated turnover of less than $50 million. • A one-off payment will assist eligible social security and DVA recipients with the cost of energy bills. • Aged Care funding will increase. From 1 July 2019 • The Partner Service Pension will be available to former spouses of veterans. From 1 July 2020 • People aged 65 and 66 will be able to make voluntary super contributions without having to meet the work test. • The age limit for spouse contributions will increase to 74. • More flexibility will be provided when calculating exempt current pension income
Here are tips on how to pick a ponzi scheme from a real investment. Warning signs of a ponzi scheme Where do ponzi schemes operate? How long can the scheme last? How ponzi schemes work What to do if you have invested in a ponzi scheme
Be smart with your spending. The increasing cost of goods and services is a reality most Australians have to deal with. Data from the Australian Bureau of Statistics shows that living expenses for employee households were up by 2 per cent in September 2018 compared to a year ago.1
In your 40s? Here’s what you need to consider to financially get ahead. Being in your 40s often involves balancing many responsibilities that it becomes easy to neglect your own financial wellbeing. But it’s not too late to secure your future. Here are some tips that may help you financially…
The Federal election is due to be held between May to August this year and, if the Labor Government is elected, significant change is likely. This article provides a summary of some of the proposals they have announced.
Your credit report reveals whether you’ve been paying your bills on time and it matters because it could affect your ability to borrow money.
If you’re feeling stressed and overwhelmed you may reach for certain foods to make you feel better. This is not a problem, so long as the foods, you’re eating are actually helping you manage your stress and not making the situation worse. Eating ‘comfort foods’, like a bag of chips,…
Starting a new business is exciting but there’s a lot to think about and organise.
Whether you’re planning a large, luxurious wedding or a small, intimate affair, smart budgeting could help free you from financial worries, so you can enjoy your special day.