The Reserve Bank of Australia’s (RBA) decision to hold rates steady at 3.85% today was a genuine surprise to markets and most economists. Leading up to the meeting, there was a strong sense that the RBA would cut rates up to 25 basis points. Should we have been surprised? Given the overwhelming market and economist…
Here are some key considerations to keep your business EOFY ready: Assess your existing equipment & vehicles to determine if upgrades or replacements are needed to maintain efficiency and competitiveness Equipment and vehicle finance options can provide flexible payment structures that preserve working capital while delivering tax advantages Finance arrangements may allow you to claim…
Time-Sensitive Tax Break for Businesses! Key Details: Eligibility: Small businesses with <$10M turnover. Threshold: Deduct the full cost of assets <$20,000 per item. Deadline: Assets must be purchased this financial year and used/installed by 30 June 2025. Multiple Claims: Write off unlimited assets under $20k each. What Qualifies? New or second-hand equipment, machinery, vehicles, software…