Here, our financial experts take a close look at what’s happening in the world of finance.
We uncomplicate breaking announcements from the Reserve Bank of Australia (RBA), the Australian Taxation Office (ATO), the Australian Securities and Investments Commission (ASIC) and the Federal and State Governments so you can understand how those changes will impact you, your family or your business.
If you’re wanting to stay up-to-date on topics such as interest rates, tax planning, superannuation, the Federal Budget, incentives and schemes, HELP debt, deductions, concessions, depreciation, investment properties and much more, this is where you’ll find the answers.
Knight is with you every step of the way as you strive for financial success. If you’d like some additional information regarding any financial news, please reach out for a consultation to plan your next step.
The new Director Penalty Regime
The new Director Penalty Regime came into place in June 2012. It once and for all clears up any suggestion that a director can have a passive involvement in a company. It provides a stern warning to company directors that this position has great responsibilities. Unless directors closely monitor their company’s activity, they are placing themselves at great risk. Companies, as a legal entity, have long been a preferred structure for new business ventures because it provides protection of personal
Common marketing mistakes
The holidays are a vital time for small businesses to market their brand effectively, or risk being drowned out by the sea of competitors. Despite the vast range of literature and resources on how to be a successful marketer, there are some very common, avoidable mistakes that many small business owners make that may be holding back their business’ marketing potential. 1. Lack of understanding of customers Many marketers have a completely product-centric view of the world. They know their