How the instant asset write-off applies to vehicles

Got your eye on a shiny new vehicle for your business thanks to the $150,000 instant asset write-off? We've got the answers to the FAQs many business owners are asking ahead of the looming EOFY deadline.

First home loan deposit scheme reaches capacity (for now)

The 10,000 guarantees available via the new First Home Loan Deposit Scheme have been filled or reserved, but for those who missed out there’s a second chance coming soon in July.

Goodbye stamp duty?

The dreaded and controversial stamp duty tax could soon be a thing of the past, with calls for it to be abolished gaining momentum.

Relief for SMEs: tardy paying companies given final notice

Promising news for SMEs this week: supply chain financing provider Greensill has given late-paying companies formal notice that it will ditch them if they continue to extend their payment terms beyond 30 days.

Wait, the bank can do that!?

Every now and then a bank does something that bucks the trend and takes customers by surprise. Today we’ll look at two cases that recently made national headlines and how you can reduce your chances of getting caught out.

Bank loyalty can cost existing borrowers: ACCC report

Loyalty is an admiral trait when it comes to our friends, family and loved ones. But if you’re extending that virtue to the banks, then there’s a good chance it’s costing you thousands of dollars.

Making the most of the instant asset write-off before the EOFY deadline

Two months and counting (down). That’s how long your business has to make use of the $150,000 instant asset write off before the end-of-financial-year June 30 deadline.

Is now a good time to lock in a fixed rate?

With interest rates at record low levels, today we’ll look at a question that many are asking: should I lock in a fixed rate home loan?

What is the Coronavirus SME Loan Guarantee Scheme?

SME businesses in need of working capital due to the coronavirus outbreak can now access unsecured loans “more cheaply and more freely” than ordinary business loans.

Should I Buy A House During The COVID-19 Pandemic?

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The impact of COVID-19 on the Aussie Property Market There…