In the 2023-2024 State Budget, the New South Wales (NSW) Government announced major changes to the Land Tax Management Act 1956, in particular the Principal Place of Residence (PPR) land tax exemption which commenced on 1 February 2024.
Are you planning to sell your business? A strategic exit is more than just finding a buyer—it requires careful planning, a solid business strategy, and attention to detail. Without the right approach, selling a business can quickly become overwhelming, filled with obstacles that could derail your sale. Here’s how to navigate the process and achieve a profitable business sale.
The AGI race has begun. We are building machines that can think and reason. By 2025/26, these machines will outpace many university graduates.
Consider the pivotal role that strategic timing plays in unlocking maximum value for business owners. Timing isn’t just about selling when the market is hot; it’s about orchestrating a well-timed exit that aligns with broader economic trends, industry dynamics, and even personal considerations.
Business owners have a unique opportunity at this time of year to reflect on their company’s achievements and set the stage for financial success in the upcoming year. Here’s a...
Simple printing strategies that work well to help your business increase sales and turn your clients into delighted raving fans… Use memorable and clever business cards to boost...
When it comes to preparing your small or medium-sized enterprise (SME) for sale and optimizing its market value, one significant factor looms large: owner dependency. In the world of mergers and acquisitions, prospective buyers are understandably cautious about investing in a business that is overly reliant on its owner.
Lots of people go to the beach but very few get in the water. 3,000 students go to the football game to watch 20 of their peers play. And we go to a conference to meet people and...
Workforce Australia advises that financial support up to a maximum of $10,000 may be available to businesses that hire new staff. Wage subsidies may be available to businesses that hire eligible individuals into ongoing jobs. Wage subsidies can be up to a maximum of $10,000.
Get used to the term ‘spatial computing’ — Apple is going to make sure you start hearing it a lot, as it attempts to overtake Meta in the headset race.
Overnight the tech giant unveiled its long-awaited augmented reality headset — the Apple Vision Pro — as the centrepiece of its annual Worldwide Developers Conference.
The new shutdown clauses in modern awards will come into effect from 1st May 2023.
The most significant change for many employers will be removing the ability for an employer to direct an employee to take a period of “leave without pay” if that employee does not have enough annual leave accrued to cover the shutdown period.
Some modern awards currently have this provision, although most do not.
The RBA has posted an informative article highlighting the effects of the COVID-19 pandemic on fixed-rate housing loans. It found that during COVID, the value of fixed-rate housing loans increased substantially, which has delayed the effect of the higher cash rate on borrowers’ cash flows. A key issue for the economic outlook, and by implication financial stability, relates to the ability of borrowers with fixed-rate loans to adjust to substantially higher borrowing costs when their fixed-rate mortgages expire. Borrowers with expiring fixed-rate loans face large increases in their repayments. Fixed-rate loans have riskier characteristics than variable-rate loans.
