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It is the time of year that all people in the finance sector get excited about - 30 June. Previously we have listed items you need to take care of before the end of the year. This time we are going to provide a checklist of things you need to get done during July /August to wrap up the financial...
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If you are a small business owner there are a myriad of business risk areas you need to be aware of. Trish Cassidy, Senior Manager of RSM Australia, has been involved in the restructuring and advisory industry for the majority of the past thirty years. She has seen many businesses successfully turned around as a result of early action on...
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Winter is coming and so are changes to the superannuation system, starting on 1 July 2017. One of the major changes to the superannuation legislation is to limit the amount of superannuation that a person can have in a tax free pension environment. Members cannot transfer more than $1.6 million of their superannuation account into pension phase. As a result,...
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Executive Committees serve a crucial function in an Owners Corporation, typically as the first point of contact for the Strata Manager in dealing with an enormous variety of issues ranging from noise complaints all the way through to preparing for the AGM. Executive Committee members are volunteers from all walks of life, elected at the Owners Corporation AGM with many...
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The National Minimum Wage in Australia is expected to increase by no more than 2.4% this July, according to SME workplace specialists Employsure, adding more burden for small business. SMEs are eagerly awaiting for the Fair Work Commission to hand down its yearly decision on what the new National Minimum Wage will be. The decision could land any day now...
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Are you constantly looking for ways to increase productivity in the work place? If so, you've surely encountered the concept of ergonomics, but what does it entail? According to the International Ergonomics Association, ergonomics is a scientific discipline that aims to understand the interactions among humans and other elements of a system, and the profession that applies theory, principles, data...
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The Past Founded by Barbara Campbell in 2000, Campbell & Co Lawyers has grown from a one-woman operation to one of Canberra's most respected local firms, focusing on Wills and Estate Law, Family Law and Dispute Resolution. The firm was initially run from her own home until it outgrew the space. In 2004 the firm amalgamated with Helen Small &...
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As the name suggests, a Self Managed Superannuation Fund (SMSF) is one where the members are also the trustees and therefore have the freedom - and the responsibility - to make all of the decisions relating to the fund. Some of these decisions include the fund's investment strategy, the type of retirement planning strategies to undertake, the type of retirement...
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Scott Brady, founder and director of Brady Perspectives, has had a full and interesting career to date, including being an Australian Army Officer, working in intelligence, undertaking two tours of East Timor. After leaving the Army in 2007, Scott worked for Noetic Corporation, in the United States, working on three big projects for the US Department of Defence, looking at...
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Before you know it, the end of financial year will be here. Is your business ready? Tax is always something to consider as it is a large cost to most businesses. Looking at your business and personal situation in advance of the year end can provide tax planning opportunities. It may be that there is an opportunity to obtain additional...
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Australia wide, there are approximately 280,000 complexes, with around 40% of the population currently living in a strata environment. You just need to look around at all the complexes currently being built around Canberra to understand this is only going to increase. Green Field sites are areas not previously developed, and as for all complexes, the developers have certain legislative...
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In a move that defies logic, the ACT Government is about to explore how much damage can be done to an employer brand by testing the age old principle of "you pay peanuts - you're going to get monkeys." In a 'forced choice' procurement exercise described by some in the industry as a 'process trap', the ACT Government have unilaterally...
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Can you believe we are almost at the end of another financial year? While this may be of interest to those in the financial sector most business owners really don't care that much. Saying that, there are a few things you should pay attention to at this time, such as: Update your records: Use a proper record keeping system to...
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Having to represent yourself in family law litigation is a very difficult thing to do. Many couples are simply not in a position to resolve their disputes via the mediation process or by agreement, and find themselves involved in litigation about the division of their assets and also the parenting arrangements for their children. They often find it difficult to...
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Canberra's only absolute waterfront restaurant and event location When The Boat House opened its doors in April 1993, it was, and still is, one of the only absolute waterfront properties in Canberra. Here people could dine with uninterrupted views across the water, enjoying some of the city's most picturesque sunsets and the juxtaposition of city lights on the water whilst...
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Six months ago, RSM Australia launched an initiative here in Canberra called 'Women with SASS' (Strength, Ambition, Sophistication and Smarts). SASS has been developed from the grassroots level and is aimed at empowering women to move forward with confidence, whether it be in business or government and compliments RSM Australia's vision: To create an inclusive workforce culture where everyone can...