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Housing update - July 2011
Respected economic analyst BIS Shrapnel has released a report saying property prices wont experience big losses over the next three years.
Continue reading...RBA update - July 2011
5. July 2011
The Board of the Reserve Bank of Australia (RBA) has announced the basic cash rate has been held at 4.75 percent for the eighth consecutive month. This decision has been made as a result of expansion in the global economy, our terms of trade continuing at high levels, unemployment remaining unchanged, our gradual recovery from
Continue reading...Volkswagen on a winner with new Wagon
5. July 2011
Volkiswagen have unleashed their latest wagon which is mighty impressive considering that it is better value for money than its predecessor. Volkswagen have done very well in the past with sales exceeding 15 million on the previous model
Continue reading...Retail update - June 2011
20. June 2011
The latest rebound in retail sales could not have come at a more welcome time following several months of slides and continued gloom. The 1.1 percent monthly growth is nearly 3 times more than the most optimistic forecast from the main retail chains. Meanwhile, the latest Retail Forecast report by the respected Deloitte Access Economics
Continue reading...Housing update - June 2011
20. June 2011
The annual cold season discontent among house buyers has seen dwelling prices continue to slump. Predictably, the real estate industry blames the many lack-lustre economic factors and the latest sales figures show only Sydney prices to be holding up while most other state capitals continue to sink. Researcher, RP Data, says while the average drop
Continue reading...It’s Almost Tax Time
12. June 2011
The End of the Financial Year is almost upon us. And right now, before the 30th of June, is when you should be considering your strategies to trim your tax bill by minimising your assessable income. Although you should always seek advice from a professional financial services advisor or your accountant, here are a few
Continue reading...Economy update - June 2011
7. June 2011
The latest figures show the annual inflation rate slowed in May as cheaper holiday travel, household appliances and slightly cheaper fuel outweighed the rise in fruit and vegetable prices. Since the latter factors should return to normal with the food supply chain being re-established, most analysts agree our national C.P.I. should be under less pressure
Continue reading...Car finance - tax relief
7. June 2011
Now is the time to act on accelerated depreciation for small business. The day of 1st July 2012 sees the introduction of an immediate $5000 tax deduction for small business for any motor vehicle purchased after this date. To qualify, the small business must have a turnover of less than $2 million
Continue reading...RBA update - June 2011
7. June 2011
The Board of the Reserve Bank of Australia (RBA) has announced the basic cash rate has been held at 4.75 percent. This is now the sixth consecutive month that rates have been held which will be a further welcome relief for those with mortgages. RBA deputy Governor Ric Battellino insisted reports of widespread mortgage stress are
Continue reading...Equipment finance solutions
31. May 2011
Most businesses will require some sort of finance for their equipment and equipment can be financed in a number of ways.
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7. July 2011
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