Financing Your Equipment With Pacific Finance
Performance Mining – Client Story Performance Mining was originally introduced to Pacific Finance Australia by an existing client and a mutual Accountant back in 2017. Tim Edwards, Director of Pacific Finance, has helped Performance Mining secure finance for around 20 pieces of equipment including light vehicles, service trucks and water trucks. Performance Mining (PM) was […]
The New IAWO Scheme – October 2020
On Tuesday, 6 October 2020 further changes were made to the Instant Asset Write Off (IAWO) Scheme. These changes make it easier for Australian businesses to write-off the full value of assets purchased without any limitations on the value of the asset. What you need to know about the new IAWO Scheme The original $150,000 […]
90 Days Until The IAWO Ends
What is the Instant Asset Write Off (IAWO)? The IAWO is a once-off tax deduction that businesses can claim for the purchase of business-related assets Businesses can claim a 100% deduction for eligible assets. The asset is eligible even when it has been acquired under finance The current threshold is $150,000 for each asset. This […]
Achieving Financial Sustainability During Ongoing Uncertainty
Recent developments in Australia – and even New Zealand – have demonstrated that COVID-19 is going to be with us for quite a while yet. The businesses who survive, and come out the other end ready to accelerate, will do so because they were financially sustainable. But just how do you achieve financial sustainability? Let’s […]
4 Ways to Turn Crisis into Opportunity
Turbulent times can send small businesses failing. But they don’t have to. As Einstein once said, “In the middle of difficulty lies opportunity.” No matter how COVID-19 turns the world on its head, resilient businesses can still build thriving brands. Here’s where to start. [av_image src=’https://www.pacificfinance.com.au/wp-content/uploads/2020/09/Blog-Buyer-Personas-1030×579.jpg’ attachment=’5027′ attachment_size=’large’ align=’center’ styling=” hover=” link=” target=” caption=” font_size=” […]
First Home Loan Deposit Scheme (FHLDS)
What is the First Home Loan Deposit Scheme? The First Home Loan Deposit Scheme (FHLDS) is an Australian Government initiative to support eligible first home buyers to get into their own home. Usually, first home buyers who pay less than a deposit of 20 per cent still have to pay the lenders mortgage insurance (LMI). […]
First Home Buyers – Secure up to $12,000
The Australian Government is trying to make it easier for first home buyers to get into their own homes. The First Home Owners Grant (FHOG) and the Home Buyers Assistance Account (HBAA) collectively allow first-time buyers to secure up to $12,000 towards their first home. The grants can be used in conjunction with the HomeBuilder […]
New Home Construction Grant (WA)
The Home Construction Grant allows eligible Australians to receive up to $20,000 for the construction of new homes on vacant lots of land. Anyone who has entered an off-the-plan contract can receive the grant. However, only single-tiered properties are eligible under this scheme. For instance, applicants purchasing multi-tiered strata and off-the-plan townhouses will be excluded […]
Secure up to $69,000 in housing grants
The HomeBuilder Scheme – up to $25,000 The Australian Federal Government has announced the new HomeBuilder Scheme to support the residential construction sector. Eligible Australian can receive up to $25,000 to assist in the construction or renovation of their homes. The HomeBuilder Grant is available in conjunction with the First Home Owners Grant (FHOG), the […]
The HomeBuilder Scheme
The Australian Federal Government has announced the new HomeBuilder Scheme to support the residential construction sector. As a result, eligible Australian can receive up to $25,000 to assist in the construction or renovation of their homes. The HomeBuilder Scheme is available in conjunction with the First Home Owners Grant (FHOG), the stamp duty concessions, and […]