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.
Federal Budget 2021-22
Summary – 11 May 2021 This year’s budget has been described as a spending budget, not a taxing budget. This is not surprising, given the likely upcoming election and the better-than-expected outcomes following last year’s stimulus packages. We welcome this approach – it provides certainty to businesses and individuals to continue to play their part in the country’s economic recovery. The message to businesses is to continue to invest in your business and pay little or no tax. The message
Tech Spending: How Connectivity Could Cost You A Small Fortune
The cost of connectivity is not something we often think about – but when you take a look at the bigger picture, it can certainly add up! Have you tackled your tech spending? See how you compare to the average Aussie and how you can save in this article.
Why Financial Advice Still Pays Off
According to the Financial Advice platform Adviser Ratings, the cost of financial advice has risen substantially in recent decades – and that’s for three main reasons. Firstly, many advisers are leaving the industry due to increasing professional standards and education requirements (that’s definitely a good thing in the longer term!). Secondly, advisers are facing more intensive regulation, and thirdly, they’re dealing with unprecedented demand as more and more baby boomers move from employment to retirement. So with the cost of
What Negative Interest Rates Mean For The Economy
If you’re wondering what negative interest rates mean for us, this ABC News analysis can help you out – it sums up a few examples of positive vs. negative pricing in Australian history. Read ABC News’ insightful analysis here.
How Superannuation Is Changing In 2021
Canstar provides excellent insight into superannuation changes set to rollout this year as part of the 2020-2021 Federal Budget. The Your Future, Your Super package is designed to place more power in the hands of employees when it comes to super funds. Find out how business, employers, and employees are affected here.
All You Need To Know About Fintech
How much do you know about ‘fintech’? Oft-cited as the future of money, fintech (finance + tech) is a fascinating concept that covers everything from co-working to cryptocurrency. Finder’s master blog explains all the basics of fintech and what it could mean for your money. Visit the blog and read all of its insightful content here.
Knight – Our new name
Our business began in 1971 in a small office in Fremantle. Since then we moved to South Perth (1979) and then Subiaco (2008) and have changed our name from Nissen, Kestel & Harford to NKH Financial Services Group (2008) and finally to NKH Knight (2012). We were joined by eks Solutions in 2015. We’ve had a long and enjoyable journey assisting people to protect and grow business and personal wealth. We always have been and always will be owned and operated
Running your business from home? There’s a tax trap you need to know about
Did you find working from home during COVID-19 lockdown to be a success? Are you considering giving up your leased commercial business premises to instead run your business from home? This choice may result in the Australian Taxation Office taking a slice of the capital gain that you make when you eventually sell your home. If you have been using your home to run your business and are considering selling it, speak to your accountant before you sign a contract
10 steps to restarting your business post-COVID
I have noticed a quote doing the rounds in various articles over the last few months, “Never let a serious crisis go to waste.” The quote has been credited to Rahm Emmanuel, while Chief of Staff to Barack Obama, proposing how to respond positively to the Financial Crisis of 2008. Can you apply that thinking to your business? This crisis has caused a lot of pain to a lot of business owners. Don’t let that go to waste. As lockdown