Asset finance helps businesses access essential equipment, vehicles and machinery without tying up large amounts of capital. Instead of paying the full purchase price upfront, you spread the cost over time with manageable repayments. This approach keeps your cash flow steady while your business continues to grow. For business vehicle and equipment purchases in Australia,…
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…
Australiawide Finance’s Colin Cooper can help safely negotiate the loan market. We’ve had the fastest and sharpest interest rate rises in recent history, and at the time of writing we’re seeing cautious signs of inflation being beaten. The upside is some projected cuts in official rates. We’re already seeing signs of discounting as the large…
Colin Cooper – Australiawide Finance Interest rates remain at the front of peoples’ minds and the centrepiece of media reports. Australiawide Finance’s Colin Cooper points out the outlook is actually fairly bright. In the week leading up to Melbourne Cup Day money markets increased their rates in anticipation of the Reserve Bank of Australia decision. This came…
Colin Cooper and Australiawide Finance can help arborists stay ahead of interest rates and inflation, and can advise on taking advantage of economic fluctuations. As I write, the Reserve Bank of Australia has again kept interest rates on hold, for the fourth consecutive month, giving respite to mortgage holders who have experienced a rise of…
As I write, the last vestiges of the pandemic economic stimulus have been snuffed out – namely the 100 per cent Instant Tax Writeoff and associated carry back loss provisions. Both were introduced by the Federal Government to encourage business investment in equipment, and to shield businesses from the difficulties of losses in one year,…