Insurance Premium Funding – A Solution for SMEs
If you’re self-employed, you know the hassle and stress of paying your annual premiums for your business in one hit. You can avoid the stress of having to pay a large lump sum with our Insurance Premium Funding (IPF)solutions. Our flexible repayment options allow better use of your working capital. How does Insurance Premium Funding (IPF) […]
Small business loans can mean big profits for your business
Small business loans can mean big profits for your business There’s a common misconception that business loans should only be used when and if cash flow becomes an issue, however even a profitable companies can benefit from acquiring business loans. Here’s why you should consider a business loan as an attractive finance option, and how […]
The RBA’s 4 Pandemic-Response Policies: Did they work?
RBA’s Monetary Policy in this cycle Since the start of COVID-19, the RBA’s helped the economy in a number of ways. Initially they provided ‘liquidity’ to the banking system and financial markets (to make sure there was enough money splashing around to pay the bills). They also acted to reduce financial market volatility. Both policies […]
The Federal Budget’s Impact On Your Agribusiness
Reactionary, short-term and expansionary. That’s what the CPA Australia has called the 2020-21 Federal Budget, which was released belatedly due to the coronavirus pandemic, in October last year. But, where does it leave agribusiness? Here are the highlights and low lights, plus the update issued just before Christmas. How it benefits you Agricultural businesses can […]
Smart budgeting tips for small businesses to start the New Year right
New year, new beginning. Never has that maxim been more appropriate than right now, as we look forward to a better year on all fronts in 2021. So, it’s time to take care of your business and pave the way to a brighter future. There’s no better way to take care of your business than […]
WA Economy Stronger Than Expected
Economy The state’s response to COVID-19 has positioned the WA economy to rebound faster and stronger than anticipated. The Government’s WA Recovery Plan of more than $5.5 billion has played a major role in assisting businesses during the pandemic. WA was the only state to experience growth during the last year (increase of 1.1 per […]
How your business should be using the IAWO
The latest extension to the instant asset write-off (IAWO) tax concession continues the good news for SMEs. Details of the IAWO concession In effect, there are now two overlapping asset write-off schemes in place – IAWO scheme and ‘temporary full expensing’ scheme. Small and medium businesses qualify for both. The total cost of new assets […]
The Federal Budget: What it means for SMEs
The federal budget delivered on 6 October 2020 will help put SMEs back where they belong. This is at the forefront of economic recovery as we continue to stand firm in the face of the COVID-19 pandemic. Here are the details: Instant asset write-off (IAWO) extended The existing concession, to write off 100% of new […]
What do the RBA’s rate cuts mean for the economy?
Monetary Policy Following its November meeting, the RBA announced further rate cut support for the economy. In particular: The cash rate was cut from 0.25% to 0.1% The 3-year Australian Government bond target was also reduced to 0.1%, as was the lending rate charged to banks (the so-called Term Funding Facility) These changes were widely […]
Regain confidence in your business’ cashflow
Managing Your Cashflow Every business owner understands that cashflow is the lifeblood of their business. It is the thing that keeps business owners up at night. Being able to juggle the cost of paying employees, rent and suppliers can be challenging. Not having enough money in the business account each day to cover all these […]