The panic of coronavirus has left many businesses wondering the best way to structure their finances as Australia turns the lights back on and get back to work during these crazy times. So we’ve decided to help our customers by sharing some of our tips on how to win your customers’ trust and keep communication …
No business can survive in the modern world without reliable power. A power generator provides electricity by running a diesel or petrol powered engine that turns an on-board alternator to generate electrical power. Power outlets on the unit allow you to plug extension cords, electric-powered tools and appliances into it. In general, the more powerful …
Financing a Power Generator or other Energy assets Read More »
Since the release of the Government’s JobKeeper Scheme, the NTAA has fielded several queries from thier tax agent members, looking to make an application for a JobKeeper Payment on behalf of their clients and, where applicable, their own practices. A number of these commonly asked questions are addressed below. Question 1: Do businesses have to …
Common questions associated with the JobKeeper Scheme Read More »
Cashflow Recovery has access via its lender panel to Lenders selected by the Commonwealth Government to participate in the Coronavirus SME Guarantee Scheme. The Commonwealth Government has released The Coronavirus Small and Medium Enterprises (SME) Guarantee Scheme will support up to $40 billion of lending to SMEs (including sole traders and not-for-profits) Under this scheme, Cash …
Accessing the $250,000 Coronavirus SME Loan Scheme – Register Now! Read More »
Your quick go-to Guide for employer and employer relief packages by the Federal Government JOBKEEPER: Details of the JobKeeper package can be found https://treasury.gov.au/coronavirus/jobkeeper JOBKEEPER: Information for Employers: https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employers_0.pdf JOBKEEPER: Information for Employees: https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employees_0.pdf SUPPORTING BUSINESSES TO RETAIN JOBS: https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_supporting_businesses_1.pdf HELP FOR BUSINESSES: Full details for the Government’s support package for business (including Sole Traders) can be found below including changes to the instant …
Chattel Mortgage Similar to that of a Home Mortgage, a Chattel Mortgage allows you to buy a asset, which the finance company finances on your behalf. The financier has a mortgage over the asset until you have paid it off. At the end of the term, the asset is yours and there is nothing more …
In the ultra competitive world of home lending non bank lenders are reviewing and amending rates daily. One Lender on our panel MacquarieBank announced that they are reducing a range of variable and fixed rates by 0.07% – 0.51% across both owner occupier and investment loans. These rates will be effective for new loans formally …
Interest Rates for Home Loans continue to plummet Read More »
Specialist Lenders are releasing lower interest financing products into the market place to assist businesses acquire vehicles that are low emissions or emission free. Specialist Financer Metro Finance in conjunction with CEFC have launched a Green Vehicle Finance Imitative that provided businesses with a 0.70%pa discount on their standard rates. The program supports commercial investments …
There have been changes to the instant asset write-off. The instant asset write-off threshold has increased to $30,000 for EACH asset from 7.30pm (AEDT) 2 April 2019 and the instant asset write-off has been extended to 30 June 2020. If you are a small business (with a turnover of less than $10 million), you can immediately deduct …
Instant asset write-off threshold raised to $30,000 for EACH asset Read More »
