The 2022 Federal Budget and What it Means to You

Following Treasurer Frydenberg’s budget announcement on May 11, the focus of the federal budget for the 2021-2022 financial is largely centred around rebuilding and restabilising Australia’s economy. The budget announcement heralds incoming changes for small businesses and individuals with ...

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The Benefits of Being Tax Audit Protected

The newly acquired intelligence gathering and data matching capabilities of the Australian Taxation Office (ATO) are increasing the level of auditing activity for taxpayers. As a result, audits are expensive and for most unsuspecting businesses, an unbudgeted cost.

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Why Now is the Time to Get into Your First Home

Entering the property market has steadily become a greater challenge over the last decade or so. Inflation, urbanisation, population growth and a range of other factors have increased competition, leaving many young people feeling as though they may never realise their dreams of property ...

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5 Money Wise Rules to Abide by in 2021

People are always on the hunt for ways to soothe their financial pains and make their lives easier. But even if you are a big earner, your finances will always be at risk if you never consolidate them with the skills needed to effectively manage money. Developing financial management skills ...

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Small Business Digital Adaptation Program Grants Still on Offer

On the 15th of November, the Victorian Government initiated the Small Business Digital Adaptation Program. The scheme offers grants to small businesses to assist them in trialling new digital products and tools and is still currently open. With a registration deadline of 28 February 2021, there ...

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Industrial Relations Reform Leaves a Mark on Casuals

Recently proposed reforms to Australia’s industrial relations framework have incited controversy both within Parliament and across a variety of professional sectors. The omnibus bill has been slammed by the country’s peak union body, which has outspokenly criticised the legislation for reducing ...

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A Guide to Insurance for Landlords

As a Landlord, your rental premises represent not only one of your most important and valuable assets, but a crucial source of income. Like most valuable assets, rental properties need to be protected properly with a well written insurance policy. Consider the following a guide to help you ...

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Why Lockwoods Should Be Your Next Move

It’s that time of year again where many Accountants are looking at their futures. With the year we have all had, re-thinking what we want to do with our careers and lives is top of mind for many. Work from home (WFH) has become one of the biggest conversation starters particularly when people ...

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Why You Can’t Ignore Business Insurance Risk

The old adage nothing worth having comes easy rings very true when it comes to business. Being a business owner is one of the more difficult but rewarding endeavours you can pursue. Responsibilities, duties, challenges and other types of business risk leave plenty to think about both during and ...

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A Guide to Business and Commercial Loans

Whether you’re already running a business or preparing to start one, there’s no shortage of matters that require your attention. Financing your business’s growth is one issue that few find easy – especially when thinking of the lasting consequences of that decision. Many also find it ...

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