Yearly Archive: 2016

Ensure your Ballarat SMSF is ready for superannuation reforms

SMSF News: 14/12/2016

Legislation to implement the Federal Government’s superannuation reforms passed on 23 November, 2016. As your Ballarat SMSF compliance specialists, Mulcahy & Co accountants can help ensure your SMSF is fully compliant when taxation and superannuation laws change. You can find out about the changes be reading our SMSF Matters newsletter. The good news is that none of...

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Aged care – the facts

General News: 14/10/2016

This is an issue you cannot afford to leave your head in the sand about! Irrespective of your age, take advantage of the current taxation concessions to restructure farm assets and protect the future viability of the farm. According to the Department of Health and Ageing: One third of all men and half of all...

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A bright future… but

Farming News: 13/10/2016

The Chinese Free Trade Agreement has dominated the headlines in recent times. There are massive opportunities to the north of Australia but can we sit back and assume that extra cash will end up in the farmers pocket? Whilst many farmers focus on dealing with the current season before getting too excited about the future,...

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An incentive plan to reward and retain key employees

General News: 12/10/2016

A good employee is worth their weight in gold! Well that may be taking it a bit too far but the point is they are very valuable to your business. No doubt to get them to this point you have invested heavily in training and provided the opportunity for them to grow and develop. You...

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Who will buy your business?

General News: 11/10/2016

It is forecast that up to 7 out of 10 business owners will look to retire or exit their business over the next ten years. The question is what will happen to these businesses? Some will be passed through to the next generation leaving many to be sold externally or via employee buyouts. With the...

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Recent changes to interest rates

General News / Money Matters: 07/10/2016

You have probably seen or read in the news over the past few months that the Australian Prudential Regulation Authority (APRA) has issued guidelines resulting in changes to mortgage lending policy. You may be wondering exactly what the changes meant — and particularly what they meant for you. Briefly, the Federal Government and the Reserve...

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What makes a great business

General News: 06/10/2016

Like most things in life, the more you put in, the more you receive in return. It is an interesting reality that many of the businesses and individuals we deal with are financially comfortable. There is enough profit to fund living expenses, cover loan repayments, pay school fees, take a holiday and maybe put a...

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