Written by: Master Accounting | Feb 7, 2017 | Latest News
The Abbott government was the first government to reduce regulations for small business since the early Fraser Years. We have had 35 years of more regulations by the federal government. Little or any thought is given to reducing such. Although the Abbott government...
Written by: Master Accounting | Jan 12, 2017 | Latest News
Conditions are building for a perfect storm in business in Australia, although some risk exists. Conditions favoring small business at the moment are: Lowest interest rates ever business has possibly the lowest rates in a very long term making loans easier to pay...
Written by: Master Accounting | Jan 12, 2017 | Latest News
What make a leader we have had many famous leaders from Julius Caesar to Robert Menzies. What did they have that made them leaders? Presences when I got taken through old parliament house an old hand told me that there was only two Leaders, Ming the merciless and Paul...
Written by: Master Accounting | Jan 12, 2017 | Latest News
I thought I would give everyone an update on Politics as i have seen a lot of articles on Australian politics to be honest with little substance and high in emotion. Firstly I have always followed Politics having done it at University so I’m well-read and ran a radio...
Written by: Master Accounting | Sep 4, 2016 | Latest News
It might surprise everyone but trade between the two countries has increased dramatically… The last decade has seen a massive increase in two way investment. Export to US for goods were $13 Billion and $7 Billion for services, in 14/15 year. US is the biggest...
Written by: Master Accounting | Sep 1, 2016 | Latest News
Tax laws favour two things in Australia: Dividend Imputation and Negative gearing Negative gearing is best applied to real estate so you have both working for you that is tax benefits and real property growth. It’s often said real estate doubles every 10 years but of...
Written by: Master Accounting | Aug 27, 2016 | Latest News
Starting out today what’s my advice Make sure you have a good accountant, solicitor and bank manager. A good accountants worth 15%. Do Budgets every year and update them with every change. Ensure your financials are done quarterly. Make sure your product or service is...
Written by: Master Accounting | Aug 21, 2016 | Latest News
Taxes fell in the GFC due to the collapse of many business worldwide. Prior to the GST Company’s paid 5% of GDP in taxes. Due to Globalisation and profit shifting this has fallen to 4.6% of GDP. The GFC clearly put pressure on business and its reaction was to shift...
Written by: Master Accounting | Aug 19, 2016 | Latest News
As we all know the worlds competitive very, competition can come in lots of ways. To lessen the competition you need an edge. It puts you in a good position. Does your small business have an edge let’s look at it? Do you dominate a marketing area social media, point...
Written by: Master Accounting | Jun 29, 2016 | Latest News
Small business is set to lose the benefit of a tax cuts to companies to Childcare following Shorten $3 Billion promise for families. This represents $1600 per child. Many small business have companies and these are the drivers of the current economy. Lower taxes...
