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Retirees’ cash flow drought

While cuts in interest rates are greeted with glee by homebuyers and other borrowers, for the millions of retirees and others who depend on interest payments for their income, falling interest rates can be a disaster. For them, a drop in…

5 tips for starting your own successful business

Want to be your own boss but not sure where to start? Some people’s dream is to nurture a business idea through to success. Calling the shots, working their preferred hours and achieving financial independence fires their dream. Many people…
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Small business insolvency reforms now in place

Insolvency reforms that will allow small businesses to restructure their debts or wind up their operations faster have now kicked in. Changes to Australia’s insolvency framework have been in effect since 1 January 2021, allowing…

New Year's Financial Resolutions: Get Your Finances in Shape for 2021

Many people make resolutions on New Year’s Day. But no matter what your resolutions are, the key isn’t making the list, it’s sticking to it. Here are five resolutions that can help increase your financial fitness today and in the new…

6 Ways To Reevaluate Your Business Plan This Month

A business plan should be a given for companies of all sizes, types, and development stages. A polished, well-defined business plan provides companies with the structure they need to realize their ultimate potential. Think of a business plan…
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Claiming interest expenses for rental properties

Interest is a common deduction claimed by taxpayers. Generally, interest is seen as being inherently deductible where it is incurred in gaining or producing assessable income. An established factor from court cases is that the deductibility…

New RBA report reveals how important JobKeeper has been during the coronavirus recession

JobKeeper has been described as a “country-saving moment”, with a new report revealing just what role the wage subsidy played during the pandemic. Job losses would have doubled during the coronavirus pandemic if the federal…

The balancing act of blended family finances

When Jack and Sarah met through mutual friends, they hit it off immediately. Both had previously been married and, besides having a child each, found they had quite a lot in common. Dinner dates quickly morphed into family-style outings with…

Super Success for Women

While women earn less and spend less time in the workforce than men, sharply eroding their super contributions throughout their working lives, there are some simple steps women can take to boost their retirement savings.   Sadly, this is something…