News & Education

EOFY alert! Financial year-end is fast approaching

May 12th, 2022|Comments Off on EOFY alert! Financial year-end is fast approaching

Small business owners wanting to buy a vehicle, asset or important piece of equipment and immediately write off the cost have just over a month to act this financial year.

Ready for lift-off: how to prepare a buffer for more rate rises

May 12th, 2022|Comments Off on Ready for lift-off: how to prepare a buffer for more rate rises

Rate rises are a bit like taking off in a plane. Sure, it's a bit nervy, but so long as you’ve run through your pre-flight check, have a well-serviced aircraft, built-in some contingencies (a buffer!), and have a handy co-pilot (us!), you should reach your destination no worries.

RBA increases cash rate to 0.35% amid high inflation concerns

May 3rd, 2022|Comments Off on RBA increases cash rate to 0.35% amid high inflation concerns

The Reserve Bank of Australia (RBA) has increased the official cash rate by 25 basis points to 0.35% amid high inflation concerns and has signalled more cash rate increases will likely follow.

SMEs invest in machinery, IT and energy-efficient assets for growth

April 28th, 2022|Comments Off on SMEs invest in machinery, IT and energy-efficient assets for growth

Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data.

Brace yourselves: a May rate hike might be coming next week

April 28th, 2022|Comments Off on Brace yourselves: a May rate hike might be coming next week

The chances of the Reserve Bank of Australia (RBA) lifting the official cash rate on Tuesday just increased dramatically after figures showed the cost of living jumped 5.1% over the past year - the highest annual increase in more than 20 years.

Attention first home buyers! Price caps increase for 5% deposit scheme

April 21st, 2022|Comments Off on Attention first home buyers! Price caps increase for 5% deposit scheme

First home buyers with a deposit of just 5% will soon have more purchasing power thanks to an increase in property price caps for the highly popular Home Guarantee Scheme.

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