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Accounting and Finance (Page 2)

Finance, Taxation, Insurance and Accounting related articles

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I find newborn infants interesting. They seem to appear with little personality and a case of sheer exhaustion, presumably due to the rigors of their recent journey. They spend most of their time sleeping or crying and apparently pining for a return to the warm safe place from whence they recently emerged. As such I’ve previously been one of those people who finds the little ones far more appealing once they become mobile and start to develop a personality. In the case of our 3 year old granddaughter that would be very mobile and some personality indeed! We love her dearly but after a dayRead More →

In: Accounting and Finance, General Interest

Contributed By: Holmans Accounting on

Holmans is a well-recognised and respected name in the Management Rights industry. We provide comprehensive advice and personalised service to give you peace of mind – whether you are purchasing, managing, or selling your Management Rights Business. We take pride in presenting the most experienced and knowledgeable team in the business to service your needs. We, together with other specialist Management Rights advisors and agents, regularly host information workshops to provide you with a range of strategies to assist you to legally minimise your tax liabilities, increase your wealth, and protect your assets. Whether you are considering Management Rights as a business venture for theRead More →

In: Accounting and Finance, General Interest, Real Estate, REIQ

Contributed By: REIQ on

The REIQ says last month’s pause in interest rate hikes has proven to be a short-lived relief for mortgage holders, as the RBA has today hiked the cash rate by 25 basis points to 3.85% – the highest level since April 2012. REIQ COO Dean Milton said the RBA’s decision to forge ahead with its aggressive tightening cycle would weigh heavily on homeowners and investors. “We have seen regulatory chaos from State and Federal Governments, and whiplashing back to another interest rate rise only adds to this pain,” Mr Milton said. “There’s barely been time for the market to absorb the lagged impact of theRead More →

In: Accounting and Finance, General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Resort Brokers on

Ian Crooks – ResortBrokers Chairman Back in the ‘70s in my native New Zealand everyone used to talk about this sparkling paradise across the Tasman called the Gold Coast. When I first visited in ’79 the hype didn’t disappoint. I was absolutely blown away by it. It had a beachline of golden sand that seemingly stretched forever, luxury high-rise to rival Miami, and there was a real energy about the place. The tallest building at the time was a circular apartment building called Focus built by the late great Lou Ferro, who was a friend of mine. It was a tremendously eye-catching skyrise that lookedRead More →

In: Accounting and Finance, General Interest, Real Estate, The Management Rights Market

Contributed By: Mike Phipps Finance on

The managing director and I recently celebrated our 40th wedding anniversary. Yes, I know. How the hell could she have tolerated me for so long? Surely a mystery for the ages and not one I am keen to shine a light upon. In any event this significant life milestone was cause for both joy and reflection. How do relationships stand the test of time? In our case it’s very simple, I agree with everything she says and when that fails I correct her, seek medical attention for that nasty bump on my head and buy jewellery and fizzy drinks. She, on the other hand, putsRead More →

In: Accounting and Finance, General Interest, Landlords, Tenants, Renting and Management, Real Estate, REIQ, The Management Rights Market

Contributed By: REIQ on

The Real Estate Institute of Queensland (REIQ) has welcomed the RBA’s decision to leave cash rates on hold this month, an important pause after 10 consecutive rises took it to a near 10-year high of 3.6%. REIQ CEO Antonia Mercorella said the pause was a welcome reprieve to homeowners and small businesses who were unfairly carrying the burden of fixing the inflation curse. “Around 650,000 households in Queensland are mortgaged and it’s likely the RBA’s aggressive tightening cycle is already weighing heavily on many mortgage holders,” she said. “A pause in interest rate hikes is an appropriate response at this time, allowing households and businessesRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

The comedian Jim Jeffries is profane, offensive, politically incorrect and very very funny. His riff on America’s fascination with guns is particularly biting. He observes that people of a certain demographic get very angry when he suggests that perhaps it’s time for the great US of A to reflect on gun violence. “You can’t change the 2nd amendment” they shout, to which he retorts, “Yes you can, it’s called an amendment!”. Kinda says it all when it comes to some attitudes to change. Got me thinking about stuff we take for granted that might not get a run in today’s gentler, more feeling world. ImagineRead More →

In: Accounting and Finance, General Interest

Contributed By: Archer Gowland Redshaw on

For businesses aiming to achieve consistent growth year on year, management reporting plays an important role in capturing key metrics required for owners to run effective business operations. Designed to ensure decisions are made via informed insights, at its core, management reporting provides a guide to allow business leaders to forecast the direction of certain strategies, highlight the internal and external risks attached to growth models, and gain greater clarification to regulate planning. From a financial perspective, management reports include analysis of Profit & Loss Statement (i.e. profitability), Balance Sheet, Cashflow, Debtor/Creditor management, Key Performance Indicators (operational and employees), business benchmarks, and other commentary (highlightingRead More →

In: Accounting and Finance, General Interest, Landlords, Tenants, Renting and Management, Real Estate, The Management Rights Market

Contributed By: Resort Brokers on

No matter which side of the political fence you sit on, Labor’s proposed changes to super that are set to apply from 2025/26 will definitely have a profound effect should the government win re-election in 2025. Like most government policy around super it is complex and hard to dissect. As always in these matters, ResortBrokers strongly recommends you seek professional advice from a qualified financial adviser. We did, though, want to share a few thoughts about what we understand the effects of these proposed super changes will be for you. We know a great many of you will be affected, either as landlords who holdRead More →

In: Accounting and Finance, General Interest, Motels and Hospitality, Real Estate

Contributed By: Mike Phipps Finance on

As some of you may know I am a late arrival to the pastime of snow sports. It’s not that I haven’t always had an interest in skiing, mountains and snow. It’s just that when you are married with two kids, trying to pay off a mortgage and living pretty much week to week the prospect of mixing it with the snow resort jet set seems one hell of a stretch. Of course, travel brochures are free so who says you can’t dream? Anyway, in my advancing years and with the kids off our hands (are they ever really thus?) the managing director and I,Read More →

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