While inflation peaked at 7.8 per cent last year, cost of living pressures are still being felt by consumers and small businesses alike. In the current environment it’s important to look at your outgoings, whether it’s your personal financial situation, or your businesses’ bottom line, and see if there are any areas you could possibly […]
Considerations for refinancing your home or business loan Read More »
Does your business have a fleet of 5 or more vehicles/assets that are regularly turned over? Then the following is relevant to you: A Master Asset Finance Agreement (also known as Master Lease Agreement, or leasing line) is a solution we put in place for companies that have semi regular asset purchases in their
Asset finance for high volume purchases Read More »
Significant Tax Benefits for EVs and Plug in Hybrid Vehicles (Company and Employee Benefits) There have been initiatives introduced by the Federal government to increase the uptake of Electric and Hybrid vehicles. These initiatives are designed to provide benefits to company owners and employees. When you traditionally purchase a vehicle in your company,
Electric & hybrid vehicle tax benefits Read More »
In today’s fast-paced business landscape, the wellbeing of your employees is paramount. While you can provide subsidised gym and health insurance access, offer free massages and healthy food at your business premises, and work to reward employees effectively for their hard work, keeping your personnel thriving comes down to keeping issues at bay, too. As a
Occupational burnout in the workforce Read More »
Wishing all our clients and associates a wonderful Christmas and New Year! Our office will close from 5pm Thursday 21 Dec 2023 and reopen Monday 8 Jan 2024.
Christmas Greetings Read More »
When it comes to scams, prevention is better than a cure. It can be difficult to recover money lost to a scam and even more difficult to recover your identity if your personal information is stolen. Tax scams Should you receive any calls or texts advising of any income tax returns not lodged or unpaid
We are thrilled to announce the establishment of Hamilton Morello Finance! With this expansion, we continue our commitment to providing comprehensive financial services and solutions to our clients. At the helm of Hamilton Morello Finance is Jason O’Shaughnessy. Jason has had an extensive career in the Corporate and Business Banking sector. Jason’s journey in the
The 2023 Intergenerational Report provides a 40-year projection of the outlook of the economy and the Government’s budget to 2062–63. The five major forces that will shape the Australian economy over the coming decades are population ageing, expanded use of digital and data technology, climate change and the net zero transformation, rising demand for care and support
Economy in 40 years Read More »
Recently, the Victorian State government released their financial budget and it sees Victorian businesses and landowners carrying the burden of the debt recovery. Some of the announcements include: Stamp Duty on commercial and industrial properties Any new acquisitions of commercial and industrial property post 1 July 2024 will incur an additional 1% tax on the
Victorian State Budget 2023 Read More »
The rising cost of living is grabbing all the attention right now as people struggle to pay the increasing prices. But in the meantime, our collective wealth has been growing steadily and is being transferred to the next generation at increasing rates. In fact, the value of inheritances as well as gifts to family and
Who needs a testamentary trust? Read More »
The start of a new financial year is the perfect time to get your financial affairs in order. Whether it’s tidying up your paperwork, assessing your portfolio or dealing with outstanding issues, there are plenty of practical actions you can take. Here are some strategies for starting the new financial year on the right foot.
Setting yourself up for success in the new financial year Read More »
The Federal Budget was handed down on the 9th May 2023. Click here Budget 2023-24 for full details on how the Budget may impact you.