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Working from home Public Health Order repealed from 14 December

As of 14 December, the Public Health Order instated by the NSW State Government that requires employers to allow employees to work from home “where it is reasonably practicable to do so”, will be repealed. This means employers are no longer obliged to allow employees to work from home. However, businesses will have to implement…

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Take control of your personal finances in 2021

Personal finances are a fragile thing at the best of times, but when the environment is as uncertain as it is now, it’s really important to take control of your finances before your finances take control of you. Here are some tips for a comfortable 2021… Know what you’re dealing with. List what’s coming in…

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Scams! $174 million stolen from Australian businesses

Cyber crime is on the rise. Government agency, ReportCyber, reports that almost the same number of successful attacks have occurred between July and December 2020, as in the whole year to 30 June 2020. It is increasingly difficult to identify an attack. It is not your fault, nor is it a reflection of your intelligence,…

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Marketing that works

Business owners are required to be a jack-of-all-trades: finance officer, sales and customer service expert, R&D and supply manager, HR and technology specialist, not to forget the all-important marketer. Without consistent and quality marketing, potential customers just don’t know who you are or why they should buy. Here are some basic marketing principals and practical…

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AdviceCo $20,000 Community Grants Program

Community Grant

We have partnered with the Count Charitable Foundation (CCF) to launch a Community Grants Program in which charitable organisations are invited to apply for a $20,000 cash grant. AdviceCo and CCF will each contribute $10,000 to one charitable organisation before June 2021. Applications involve a brief 500-word proposal of what the applicant would do with…

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Market update November 2020: US Election, COVID vaccine and rate cuts

The markets have responded positively in recent weeks to the US Election results and advances in COVID-19 management options. In regards to the US Election, the prospect of a divided government will be welcomed by the market. With a Democrat in the White House and a Republican Senate, Biden’s proposed corporate and High Net Worth…

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Insolvency Reform for Small Businesses in financial distress

The Federal Government has announced reforms to simplify the Voluntary Administration process in order to help financially distressed small businesses to efficiently restructure and survive the economic impact of COVID-19. The reforms will likely come into effect on 1 January 2021. Small businesses are historically most at risk of insolvency, with 80% of corporate insolvencies…

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New Income Tax cuts by 16 November

The Federal Government announced income tax cuts for working Australians in the 2020 Federal Budget. The cuts must be included in any pay runs processed from (no later than) 16 November 2020, giving millions of Australians a few extra dollars in their bank account each week. Employers need to make sure they’re passing it on.…

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Managing your own finances vs. having a Financial Coach

Here’s how you can weigh up what is right for you. You need to assess your skill set, your training and your appetite to continually develop your financial acumen. Consider home DIY as an analogy. If you’ve done it all your life, had a great teacher along the way, go to courses, seek industry information,…

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Market Update

US elections and daily pandemic updates, are dominating the news headlines.  With this constant flow of information, investors must be focused on their long-term goals and learn to tune out the noise of the crowd. Following the sharp falls in February and rebound in March, the markets have been fluctuating daily mostly in a positive…

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