I want to share something game changing with you… Ever wondered how one family on an average income can accumulate multiple investment properties while their neighbours struggle just to make their mortgage payments? How are some reducing their days they work each week but still looking forward to a prosperous retirement by generating passive income […]
Tax Time 2022
Its time again to get your tax return into the ATO and gain access to your tax refund! What you need to know for your 2022 tax return The low to medium income tax offsets of up to $1080.00 per tax payer introduced in 2019 has been extended for tax payers and will help secure […]
Federal Budget 2022-23 – Key Insights
Australia’s Treasurer, Mr Josh Frydenberg handed down the 2022-23 Federal Budget on Tuesday, 29 March 2022. The Treasurer said a strong economic recovery is well underway, notwithstanding the COVID-19 pandemic and new shocks, such as the recent floods and the Russian invasion of Ukraine. Mr Frydenberg said economic growth forecasts have been revised upwards, driven […]
Federal Budget 2021 Accounting & Tax Insights
Australia’s Treasurer, Mr Josh Frydenberg, handed down the 2021–22 Federal Budget at 7:30 pm (AEST) on 11 May 2021. A stronger than expected economic recovery from the COVID-19 recession has resulted in a budget deficit of $161 billion, $52.7 billion lower than the government’s expected deficit. Given the virus continues to be a threat to […]
COVID-19 – Supporting Businesses To Retain Jobs (JobKeeper Payment)
Supporting Businesses To Retain Jobs (JobKeeper Payment) OnVenture welcomes the Australian Government’s JobKeeper initiative to subsidise the wages costs of businesses who’s revenue has been significantly affected by the Coronavirus crisis but continue to operate and as to keep otherwise stood down employees connected with their employers in the case of shutdowns. The Australian Government […]
Craft Beer and the Race for Hops
At the core of any beer recipe, you will see water, malt, hops and yeast. Each of these ingredients contributes to the flavor to create this well-loved drink. However, the mass expansion of craft beer has increased the demand for hops. Hops are the dried flowers that give beer its flavor. A craft beer can […]
6 options you have when your business needs an urgent cash flow boost
As the lifeblood of a business, cash flow and its management is of critical importance to business owners. Here at Chaser, our mission has always been to keep developing the world’s best cloud credit control software to ensure businesses get their invoices paid on time, in less time. There are times, however, when businesses suddenly […]
6 Factors You Need to Know When Considering a New Supplier
Finding a Supplier A great place to start is generally online. This is one of the best ways to locate suppliers such as manufacturers and wholesalers. Attending industry events and roadshows is another great way to find suppliers, allowing for you also to really get a feel for their products and services. You can also […]
7 step checklist for your business this new financial year
1. Assess your finances Sit down with your accountant or bookkeeper and review your business finances. Look at whether you met your targets last financial year and what you can do differently this year to help your business grow. 2. Check your registrations and licences Your business operations may have changed throughout the year, so […]
The Elephant in the Warehouse – Inventory Carrying Costs
Capital Costs The capital cost is basically the monetary figure the capital could return if it was put into another investment that had a similar associated risk to it. By ascertaining this figure, the minimum required return on investment of the capital can be deduced. There is an equation to work a weighted-average cost of […]