Blog

  • Australian Economy Insights: Understanding the Full Employment Cycle - The Australian labour market is currently experiencing what economists refer to as a "full employment" cycle, where unemployment sits at historically low levels of around 4–4.5%. Although a low unemployment rate is generally seen as a sign of a stable…
  • Interest Rate Cuts: What They Mean for Your Business’s Bottom Line - With the Reserve Bank of Australia (RBA) announcing an interest rate cut on February 19, business owners across the country are considering what this means for their financial strategy. Lower interest rates can provide a much-needed boost to cash flow,…
  • Circuit Breaker Action Business Support Package - As part of the new initiative put forward by the Victorian Government to help businesses with the circuit breaker action to prevent the spread of COVID-19, a four-part support package has been designed with $143 million available for eligible businesses.…
  • 10 common accounting terms explained - If you’re running a business, unless of course it’s an accounting firm, perhaps some finer details relating to the keeping of financial records eludes you. This is ok. In fact, this is perfectly normal. However, deep down, you know that…
  • The benefits of automation - Accounting automation is a hot topic lately. Depending on your confidence with modern software and in your accountant, you may or may not feel ready to embark on this new and sometimes daunting experience. You might find it a little…
  • In the Loop: March 2021 - Why are some businesses returning JobKeeper to the ATO? Several businesses that received the JobKeeper payment have, in fact, returned it with thanks to the Australian taxpayer, stating that the claims were initially made during a time of uncertainty. By…
  • 3 tax-deductible purchases you might not know about - Many of us are mostly aware of the common tax-deductible purchases that you can claim against. As you provide information to your accountant to crunch numbers come to the end of the financial year, we determine the amount of tax…