The Australian Taxation Office has reminded small businesses they may be eligible for tax concessions. Businesses with an aggregated turnover of less than $2 million can qualify for capital gains tax (CGT) concessions, including the small business 15-year exemption, small business 50% active asset reduction, small...
Australian motorists bought 96,859 new vehicles in July, beating the previous July record of 92,754 that was set in 2017. The Federal Chamber of Automotive Industries (FCAI) also reported that 14.7% more new vehicles were sold in July than the same time last year, with every...
As part of our Finestream service, we are currently engaging in a thorough manual review of our clients' loans that involve fixed portions or entirely fixed home loans. Providing our clients with a comprehensive guide on what to anticipate upon the expiration of their fixed...
Saving for that mid-year holiday can be a daunting task, but with a bit of planning and discipline, it's achievable. Here are our top five tips for saving towards a holiday: Set a realistic budget: Before you start saving, create a realistic budget for your...
Medicare, Optus, Latitude and more large companies in Australia (and throughout the world) have succumb to cyber attacks and data breaches this year alone, which begs the question should you apply a credit block for your security. There has been a significant increase in cyber attacks...
All 13 industries monitored by the Australian Bureau of Statistics (ABS) have recorded year-on-year increases in their turnover, according to the latest data. After analysing business activity statements, the ABS found turnover increased by: Accommodation & food services2% in the year to January Mining3% Administrative &...
The increase to Electric Vehicles (EV's) has been phenomenal: by the end of 2020, there were around 10 million electric vehicles on the roads worldwide. Currently, there are at least three times that number. Want to know more? Keep reading for our extensive guide to...
There's been some exciting news in the lending space, where for new and existing customers and new applications, an LMI Waiver is on offer to Registered Nurses and Midwives. Lenders Mortgage Insurance (LMI) is a one-off, non-refundable, non-transferrable premium that's added to your home loan...
Borrowing money for your start-up can often feel daunting, but the more prepared you can be the greater chance you have of securing a loan. Knowing and being able to communicate the basics of your business will inform the lender about your business proposal so it can...
At Finestream, we want to profile businesses that we have worked with who inspire us! DB Motors is one such business, that's why we have chosen them for our next Business Profile. You can view our first Business Profile on Adelaide Hills Lawns & Gardens...