2022-23 Federal Budget - Read our summary

The Treasurer, Josh Frydenberg, handed down the 2022-2023 Federal Budget at 7.30pm (AEDT) on 29 March 2022. In his speech, the Treasurer stated that the budget deficit for the 2022-23 income year is expected to be $78 billion or 3.4% of…

New super opportunities from 1 July 2022

As 30 June fast approaches, the focus usually shift towards ensuring strategies relating to managing taxation outcomes and superannuation are implemented before the end of financial year arrives. However, it is also important to look ahead,…
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Cashflow Forecasts

Now more than ever businesses should consider preparing cashflow forecasts. According to the Australian Bureau of Statistics, half of all small to medium businesses fail in the first three years of operation. The Australian Securities and…
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Employee Allowances

Do your employees travel for work? The ATO has issued new guidance to help employers determine whether to pay employees a travel allowance or a living-away-from-home allowance (LAFHA). There are some key differences between the treatment…

On-Boarding New Employees

With Australia now opening backup after the COVID restrictions, unemployment is tipped to fall to the lowest rate in just over 50years – down to under 4%. If over the coming period you hire new staff, there are certain steps you should follow…