LATEST BLOG POSTS

Why Dividing Farm Assets Does Not Always Work

Why Dividing Farm Assets Does Not Always Work

One of the toughest conversations farm families have to have is how to distribute farm assets after the senior generation has passed away. That conversation however, is a lot easier than the one on how a business is to be transitioned whilst everyone is fit and well!...

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Corporate VS Individual Trustees for your SMSF

Corporate VS Individual Trustees for your SMSF

There has been much debate for many years about individual versus corporate trustees for self-managed superannuation funds. One sticking point for many clients has been the additional cost involved with establishing a corporate trustee, but recent changes to the way...

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The value of time

The value of time

I have been recently conducting seminars on the West Coast of South Australia on ‘Risk Management’. This presentation was originally designed to talk about the typical risks we see in businesses such as property damage, personal injury and lack of diversification. I...

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Economic and Demographic changes

Economic and Demographic changes

Recently I had the opportunity to hear renowned demographer, Bernard Salt speak on a range of topics. His talk certainly left me with some lasting thoughts on where the Australian economy was heading. In light of our ageing population, as well as the ethnicity...

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New ATO penalties for Self-Managed Super Funds

New ATO penalties for Self-Managed Super Funds

The ATO has introduced new penalty powers which it can impose on you if your fund breaks certain superannuation rules. The new rules apply from 1 July this year and allow the ATO to fine you and require you to rectify the mistake that has been made. They can also...

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State Budget Wrap 2014

State Budget Wrap 2014

The state government has handed down its budget and while for business, there is some relief, for others, the government has delivered increases in state charges and cuts to services. Whilst the political game now begins on who's to blame, below are some of the key...

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