With the end of the financial year (EOFY) fast approaching, now is the perfect time for businesses to start arranging their equipment and vehicle financing. Regardless of your business’s size or industry, EOFY presents the ideal opportunity to prepare for capital expenses and establish equipment limits. This can help you...
Understanding the Costs of Buying Your First Home
Ready to dive into the exciting world of home buying? We've got you covered with our comprehensive guide to understanding the costs of buying your home. From upfront expenses to ongoing costs, and even those sneaky fees that are often overlooked, we'll help you navigate the process of buying your...
Should I consider refinancing my home loan?
Interest rates in Australia are continuing to rise, leaving many homeowners struggling to keep up with monthly mortgage repayments. So much so that some may consider refinancing to help alleviate rising costs. While there can be sizeable benefits, it is not a one-size-fits-all solution. Let's dive into the pros and...
Unlock your business’ potential: Top tips for securing finance.
There often comes a time when securing finance for your business is a necessary step towards goals and growth. Here are our top tips for getting the best deal for you and the best outcome for your business. 1. Determine your business’ financial needs. Unsurprisingly, the first step involves determining...
Should your business buy new or used equipment?
Your business needs to invest in reliable machinery and equipment so it can grow. But with economic headwinds building, you might be considering buying second-hand equipment the next time something needs replacing. There are pros and cons to this approach. On the one hand, used equipment is generally much cheaper....
Protecting your business from cyber threats
Several recent high-profile cyber attacks might have highlighted the growing threat malicious hackers pose to Australian businesses, but sadly, cybercrime incidents have been on the rise for years. The Australian Cyber Security Centre received over 76,000 reports of cybercrime over the 2021-22 financial year, the equivalent of one report every...
How to fund business growth
There’s a saying that you should make hay while the sun shines. And in Australia, it appears the sun is still out for business owners, despite rising inflation and a gloomy global outlook. That’s after NAB’s October monthly business survey found business conditions remained strong across industries and states, with...
Five ways your business can cut costs
It was a great help while it lasted. But Australian motorists are again paying full price at the bowser after the temporary cut to government fuel excise ended on 28 September. As a result, we all have to pay an extra 25.3 cents per litre in tax, according to the...
Your borrowing capacity is falling right now – but you can fight back.
You’ve no doubt heard that interest rates are rising. Over the past few months, the Reserve Bank has been increasing the cash rate, taking it from a record-low 0.10% in May to 1.85% in August, with further increases all but certain. As the Reserve Bank has been increasing the cash...
Setting your business up for success this new financial year
No matter what industry you are in, a new financial year is an excellent opportunity to look for ways to improve your business – whether that’s expanding into new markets or streamlining operations to become more efficient. With this in mind, what specific things can you do to make the...