We’re all now only too aware of the risk of cybercrime after the well-publicised data hacks of Medibank Private and Optus. Although these crimes involved large organisations, email scams, cyberattacks and online scams also represent a major risk for small businesses, particularly if you don’t have the funds or knowhow to strengthen your digital security. … Read more
It has been a wild ride for the Australian dollar since the Covid-19 pandemic struck and that could mean good news or bad news for your investment portfolio. In March 2020 the Aussie dipped below US58 cents for the first time in a decade. Since then, a high of just over US77 cents in 2021 … Read more
While we all hope for good health, the reality is that some of us may struggle at times with sickness or injury. And that may affect your family’s financial wellbeing. Different types of life insurance or personal insurance can provide an income when you’re unable earn, or a lump sum to protect your loved ones … Read more
Linkedin is a powerful tool to help you establish and maintain your reputation and develop your career and business. So, if you either don’t yet have a presence on Linkedin or suspect you may not be getting the best out of the platform, we’ve got a few tips for you! Linkedin was created in 2003 … Read more
Ensuring you’ve structured your finances tax-effectively is always a concern, but with new tax rules for super on the horizon, many people with large balances are considering alternative vehicles to save for retirement. Unsurprisingly, this has sparked a renewed interest in an old favourite – trusts. Trusts have always been popular in Australia, with the … Read more
If you’re lucky enough to have received a windfall, perhaps an inheritance or a retrenchment payout, your first decision will be what to do with it. Assuming you have decided against a shopping splurge, finding the best place to invest a lump sum is all about the effect on your tax bill and how soon … Read more
While the price of most goods and services continues to rise, the good news is the rate of increase is continuing to slow. As a result, the markets are beginning to breathe a sigh of relief. The ASX rallied to close the month on a positive note due to a combination of stronger than expected … Read more
Iron ore has been the backbone of the Australian economy and many investment portfolios for much of the 21st century. In 1921, iron ore accounted for 68 per cent of Australia’s export revenue. This was the year that iron ore prices peaked at almost $US230 a tonne.i However, its growth as an export icon really … Read more
The new financial year marks the opportunity to access a raft of support to help more people buy a home. Now is the perfect time to sort through all the national and state schemes and find the ones that are right for you. Three National Home Guarantee Schemes The National Home Guarantee Scheme (HGS) has … Read more
Managing a healthy cash flow is often tough for small businesses and it is particularly the case right now in the challenging economic conditions. In this climate, recent changes to rules and regulations may both help and hinder cash flow. Here are some to keep an eye on. Minimum wage rise The Fair Work Commission’s … Read more
