Posted in Cash flow

  You don’t need a pay rise to increase your income.  Salary Packaging is an entitlement granted by the Federal Government to all workers that allows you to take part of your income as a tax-free benefit. Salary packaging works by having a portion of your pre-tax salary deducted to pay for certain expenses. Income tax will then only apply to the amount of your salary that remains after these deductions have been applied. Salary packaging is limited for ...

Unclaimed Money
The Australian Securities and Investment Commission (“ASIC”) hold the federal records for all unclaimed monies.
Unclaimed money can originate from: Banks and other Authorized Deposit-taking Institutions; Life Insurance companies and Benefit Fund Friendly Societies; First Home Saver Accounts; Companies with unclaimed money such as resulting from the liquidation of a company.
Money is transferred to the ASIC un...

Think of it as a snapshot of your present situation and your future. A personal budget gives a realistic view of your potential. It provides a benchmark of your progress. It shows where you can save, and where you should trim your lifestyle to match your income. Take the reality check. Get Rich Slow. Start Now. Start Small. Achieve Real Wealth. 'Slow and steady wins the race' - Aesop...

    Cultivate customer relationships and watch your business thrive. Word of mouth is still the most powerful form of advertising – a cliché perhaps, but true all the same. Relationship marketing can be vital in creating customer loyalty. It is important to ensure that the customer has the best possible experience every time they come through the door or have contact with the business. It is much more difficult and expensive to acquire a cus...

  With 30 June just around the corner, small businesses are beginning to wonder why their accountants say they have made a profit yet their bank balance never seems to grow. The simple answer is cash flow! Cash flow is the lifeblood of any business and managing your cash flow is key for successful business operations. How do you manage and improve your cash flow? Below are some helpful hints: Invoice your customers regularly and follow them up if they are ...