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21 06, 2019

Accounting Standard Update Part I: AASB 16 – Leases

Commencement Date: Reporting Periods commencing on or after 1st January 2019 AASB 16 is applicable to the following businesses: Entities subject to an audit or review. Entities that lodge financial statements with a regulator (e.g. ASIC, ACNC or Consumer Affairs). Where the bank requires financial statements prepared in accordance with Australian Accounting Standards (refer to

6 05, 2016

2016 Federal Budget Summary

An extract from the Federal Budget Analysis prepared by the MLC Technical team, part of GWM Adviser Services Limited, appears below.  3 May 2016  Treasurer Scott Morrison has handed down his first Federal Budget—the Coalition Government’s third. The winners are low and middle income earners and small business owners. There are significant changes to superannuation

16 10, 2014

Improving Productivity – 7 Tips to Balance a Healthy Lifestyle with Work

The national average for taking sick days is higher than ever. This absence in staff members is taking its toll on productivity and therefore affecting the bottom line for every business. Although not all sick days can be accredited to employees getting sick, it is regular enough to look at ways to reduce sickness. A

23 05, 2014

Government delivers tough Federal Budget 2014 -15

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Government delivers tough Federal Budget 2014 - 15. Refunds of excess non-concessional contributions, changes to the Super Guarantee and tighter rules on qualifying social security benefits were the main Budget announcements to impact on superannuation this year. These changes, along with others, should provide a Budget deficit of just under $30 billion in 2014-15 with

16 04, 2014

Do You Have a Power of Attorney?

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Don't leave your future to chance A Power of Attorney will ensure your future is in good hands Why would I need a Power of Attorney? A power of attorney is a legal document that allows you to give another person the legal right to make decisions for you in the event that you lose