We have an option to assess your capacity to repay by reviewing the business and home lending that is being replaced or refinanced, checking to ensure the commercial loan being refinanced has had no late payments over the past 12 months, and that any individual associated with the lending has had no late payments on any consumer facilities (including the…
Australian businesses have had a very rocky start to 2020, to say the least. Businesses were still recovering from the impact of the bushfires are now having to face cancelled events, dwindling customers, reduced rental income and supply chain disruptions as a result of the COVID19 outbreak. It’s taking a real toll on companies, particularly SMEs. While there are an…
From 1 March, 2020: Vendors and agents cannot knowingly conceal any material facts about a property when selling land. Vendors and agents cannot hold public auctions of land before 1pm on Anzac Day, with fines of over $16,000 for non-compliance. There is greater protection for people who purchase options to buy land as part of a land banking scheme, including…
As a courier, your vehicle is going to be the most important investment for your business. With the average courier spending around 30 hours a week on the road, the vehicle is your office, your transport, and your team all in one: without it, business could not happen. So if you’re just starting out as a courier, what should you…
The Coalition victory took many by surprise, but as the dust settles it’s time for the government to roll up its sleeves and start delivering on a host of pledges. Small business was a key battleground during this year’s election campaign. Labor spooked some with policies that included plans to allow casual workers to apply for permanency, and a pledge…
Don’t forget the government’s 2018-19 Federal Budget announcement for asset write off 2019 has been increased to $30,000 and expanded to businesses with a turnover of up to $50 million.^ This means eligible businesses^: 1. with a turnover of up to $50 million, will be able to write-off the asset value of new and used equipment costing $30,000 or less,…
