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...

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 &...

Demand for office space increased by an average 0.1% across the country's CBDs during the six months to January, according to the latest six-monthly snapshot from the Property Council of Australia. Nevertheless, the CBD vacancy rate actually increased from 12.0% to 12.5%. That was due to considerable...

Running your own business is full of challenges and ups and downs. We know first hand that having a solid support network around you is key to working through the challenges.   It's great to see the federal government is delivering more funding to allow small...

The federal government has made electric vehicles more affordable after passing the Electric Car Discount Bill through parliament. The bill removes the 5% import tariff for zero- and low-emission vehicles that are beneath the Luxury Car Tax Threshold ($84,916).   The bill also provides a fringe benefits tax...

Navigating a changing economy isn’t always straightforward, but Australian small businesses are used to embracing new opportunities. Grants and allowances may be available for small business owners to lean on either in times of financial need or ahead of a growth venture. We’ve rounded up...

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...

The motor vehicle industry is missing out on valuable sales due to the supply chain problems that are affecting the world.   A total of 81,065 new vehicles were sold in April, which was 12.2% lower than the year before, according to the Federal Chamber of Automotive...

Whether you're looking for funds to grow your business, boost your cashflow or top up your working capital, it's important to know what business loan options are available. The two most common are a business line of credit and a business loan. It's vital to...

It's hard to believe we are in November, the year is almost over! Amid Christmas parties being booked and annual leave being approved there is so much work to be done. Here at Finestream, and I'm sure for you as well, we are busier than...