by Teigan Amos | May 10, 2024 | Articles, Updates
The great wealth transfer from the baby boomer generation has begun and home ownership is the catalyst. The average price of a home in NSW is $1,184,500, the highest in the country. Canberra is next at $948,500, followed by Victoria at $895,000, with the Northern...
by Teigan Amos | May 10, 2024 | Articles, Updates
The ATO is cracking down on business owners who take money or use company resources for themselves. It’s common for business owners to utilise company resources for their personal use. The business is often such a part of their life that the line distinguishing ‘the...
by Teigan Amos | Apr 29, 2024 | Articles, Updates
Are “wash sales”, a capital idea? The ATO doesn’t think so. What you need to be aware of. Let us share with you an old, but still compelling, short story. Back in 1998, a taxpayer (Mr. X) thought it was a capital idea to transfer a parcel of shares, which had...
by Teigan Amos | Apr 24, 2024 | Uncategorized
A new issues paper from Treasury’s Competition Review questions whether non-competes and other restraints are limiting job opportunities and movement. A recent Australian Bureau of Statistics (ABS) survey found that 46.9% of businesses surveyed used some kind of...
by Teigan Amos | Apr 24, 2024 | Articles, Updates
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart? Every business owner is naturally curious about...
