From 1 July 2021 the Transfer Balance Cap* (TBC) will increase by $100,000 from $1.6M to $1.7M. However, only members who have not yet commenced a pension will be eligible for the full increase with a new cap of $1.7M. If you have an already established pension, you will receive a proportional increase based on the unused […]
READ MOREWorking ON your business… not IN your business
Many business owners become frustrated when their advisers don’t understand them or their business as well as they would expect. Whilst many business owner’s goals are similar, from an adviser’s perspective, there is such a wide variety of both long-term and short-term objectives that business owners have. Overlay these with the differences each business owner […]
READ MOREOur top 3 announcements from the 2020 Federal Budget
The 2020-21 Federal Budget incorporates the largest government spending package in over 60 years. As specialists in business and entrepreneurial support, we are excited by some of the measures that have been announced and the positive impact they can have on our clients businesses. We would like to draw your attention to what we believe […]
READ MORE2020/21 Federal Budget – Road to Recovery?
Treasurer, Josh Frydenberg has delivered the Coalition Government’s Federal Budget 2020-21. Rather than focusing on bringing the budget back to surplus which has been the case in previous years, this year it is focused on rebooting the economy and creating jobs. Taxation JobMaker Hiring Credit Economy 2020/21 Federal Budget Highlights Taxation The Morrison Government will […]
READ MOREForecasting during a pandemic
Now more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent. So, how do you plan for uncertainty when every assumption is subject to change? Now […]
READ MOREThe end of JobKeeper – are you prepared?
Jobkeeper is scheduled to end on the 30th September With government support programs due to end on the 30th September, business owners (and individuals) have 10 weeks to prepare themselves to survive without government financial assistance. Some industries have been hit harder; and will take longer to recover than others. No one truly knows what […]
READ MOREQLD Small Adaption Grant
This grant will assist QLD small businesses who have been forced into hibernation, or who had to significantly change business operations as a result of the pandemic. The program aims to help small business prepare for safe resumption of trading and recovery and access new opportunities to relaunch their business. The grant amount is a […]
READ MOREHow to Refresh, Reload, Relaunch your Business post COVID-19
As restrictions start to ease, it is time to plan your pathway out of hibernation and help unleash your potential in the post COVID-19 business world. Refresh, Reload, Relaunch planning Designed to allow you to think critically about your business, the direction you need to take out of hibernation, and the action steps that need to be […]
READ MORE4 Key Pillars of Business – 1. Strategy
Deep strategy work is time-consuming because the marketplace is constantly changing. If you’re looking to effectively relaunch your business right now – time is of the essence so speed trumps precision. Review and define your strategy using these tools, worksheets, and asking yourself key strategic questions. Identifying your Strengths, Weaknesses and Trends will help get […]
READ MORE4 Key Pillars of Business – 2. People
It has been said that your people are the most valuable resource as every element of your business circles back to your people. By understanding and nurturing the human element to your organisation, you’ll be more profitable, lead more effectively, create brand loyalty, close more deals, and produce better work. However, you need to ensure […]
READ MORE