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Superannuation: changes and politics

superannuation 2022

With a Federal Election due to take place around March of this year, we can expect that superannuation will be a stormy topic between the two major parties. There are some important changes scheduled this year. Here’s what it means for you… Superannuation Guarantee The superannuation guarantee is legislated to increase to 10.5% from 1…

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2022 Economic Pressure Points

superannuation

At a recent economic breakfast hosted by Business NSW, we heard from some of Australia’s key economic analysists about what’s in store for jobs and the cost of living here on the Central Coast. Cost of living Tapas Strickland, Senior Economist for the National Australia Bank (NAB) predicts that the Reserve Bank will raise interest…

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Federal Government launches payment times register for small business

The Federal Government has launched a national payment times register to increase visibility and accountability of 6,000 big business invoicing methods and payment policies. The new online Payment Times Reports Register publishes information about the payment policies of businesses with a turnover of more than $100 million. It is designed to protect and empower small…

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Sign up to sell and buy local

As we head into the festive season, we’re reminded to consider shopping locally. The more we can support local business, the more jobs and wages growth will result. In an effort to encourage local spending, government and business groups have created local business registers for shoppers. Here’s where you can list your business, and/or search…

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Top habits of wealthy people you can adopt in 2022

It is true that wealth is mindset. Those who are focused on generating financial growth generally do, and fortunately their habits are easily accessible and applicable. Which ones will you try in 2022? Wealthy people can clearly see their future self. They can see the house they have, the holiday they go on, the people…

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Directors required to apply for their Identification Numbers

director identification number

The Federal Government has this month launched its requirement of, and application process for, a Director Identification Number (DIN). Our team welcomes this development as an added layer of identity security for business directors in our digital world. Applications opened on 1 November and Directors must apply personally. Directors are increasingly vulnerable to identity fraud…

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What are the 2021 Australian Franchising Code amendments?

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The Australian Federal Government has amended the Franchising Code in an effort to balance the power relations between franchisors and franchisees. The changes come from the 2019 Fairness in Franchising Report. As of 1 July 2021, Franchisors are required to disclose additional information regarding capital expenditure, marketing funds, rebates and earnings information, lease disclosure statements…

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Recipient and Runners Up of AdviceCo and CCF $20,000 Community Grant Announced

AdviceCo & CCF $20k Community Grant Recipient

AdviceCo is thrilled to announce that the recipient of their inaugural $20,000 Community Grant is Central Coast Kids in Need. Runners Up of the program are Camp Breakaway and Iris Foundation/Because We Care Boutique, who will both receive a $5,000 contribution from AdviceCo and the Count Charitable Foundation. A further $2,500 was also donated to…

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What a Perrottet government means for business and personal wealth

New South Wales’ new State Premier, Dominic Perrottet, has communicated his agenda for a number of economic reforms that will impact businesses and individuals. Reopening roadmap – Perrottet has wasted no time putting his own stamp on the roadmap, bringing dates forward to ease restrictions. Businesses are open, they are however, responsible for enforcing double-vaccination…

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