Businesses tend to progress more consistently if the owner sets ﬁnancial goals and makes a plan to achieve them. The new year is a natural time to decide what you want to achieve and how. With that in mind, read on to learn the steps for…
https://www.optimisedaccounting.com.au/wp-content/uploads/2023/01/InstaGoals_Small.jpg11871200adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2023-01-19 14:16:242023-06-05 09:22:47Making business moves with financial goals
Low interest rates have been a mainstay since the global financial crisis of 2008. When the pandemic hit, Governments pushed stimulus measures through the economy and central banks reduced interest rates even further. Coming out of COVID,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2022/11/InstaInsterest_01.jpg11941207adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2022-11-15 13:26:382023-06-05 09:25:22Another 1% interest around the bend?
With cryptocurrencies gaining notoriety, many people are unclear on how or when they can be taxed. Despite widespread belief to the contrary, you can be taxed on gains made as a result of obtaining or using cryptocurrency. If you’ve made a…
https://www.optimisedaccounting.com.au/wp-content/uploads/2021/08/Screen-Shot-2021-08-05-at-1.36.47-pm.png395457adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2021-08-05 13:37:232023-06-08 09:26:37Tax implications of cryptocurrency
After years of puzzling over how to deal with cryptocurrencies, the world’s governments – and their tax authorities – are finally getting serious about regulation. In an effort to crack down on tax evasion and other criminal activities,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2019/10/bitcoin-tile.jpg800800Third party articlehttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngThird party article2019-11-01 11:30:192021-12-22 10:56:00How the ATO is cracking down on bitcoin
Shaun Farrugia recently created this video to explain a question that was on a few of our clients lips.
Watch below to hear the difference between an offset and a redraw account on your home loan. This is a question we do get very often,…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/10/Offset-vs-redraw-shaun.jpg540540adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-10-15 11:28:492023-08-21 13:26:50Offset vs Redraw
Significant changes have been made to Australia’s credit reporting rules after a new Comprehensive Credit Reporting regime (CCR) came into effect in the new financial year. This means now is as good a time as ever to perform a credit check.
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/07/Squarish-940x788-credit-check.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-10-08 10:05:252019-03-19 16:10:25How to perform a credit health check
Credit card providers love to use all kinds of incentives to get you to put that shiny piece of plastic into your wallet, ripe for usage at your weaker moments. Here’s how to avoid getting snared in credit card debt.
Most humans love…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/10/1Squarish-940x788-credit-trap.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-10-08 10:02:322019-03-19 16:10:585 Common Credit Card Traps
Every year thousands of Aussie families flush their hard earned dollars down the gurgler because they put off the simple act of refinancing their mortgage. If you’re overdue, rest assured that it’s much easier than you may think!
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/07/Squarish-940x788-refinance.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-10-08 10:01:042021-02-11 12:38:45Are you flushing money down the drain by putting off refinancing?
Sure, the value of the average Australian home may have fallen for nine consecutive months, but it’s far from doom and gloom. Let’s put it all in a bit of perspective.
It’s easy to see a headline such as “Australian dwelling…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/07/Squarish-940x788-property-perspective.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-08-25 16:13:212021-02-11 12:41:29Putting the property price dip into perspective
So you’ve decided to finally take the plunge and start saving for a deposit to buy your first home? Here’s a few handy tips to get you started.
Saved for a holiday before? Or a car? What about TV or computer?
The good news is that…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/05/2-Squarish-940x788-save-for-deposit.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-06-20 16:21:052021-02-11 12:40:37How to save for a first home deposit
Seen an offer along the lines of: ‘Drive away, 0% finance to pay’? Well, like most things in life, when it sounds too good to be true, it probably is.
Finance offers like 0% (or other low interest rates) for new cars exist for a reason:…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/04/Squarish-940x788-zero-finance.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-06-12 16:22:552021-02-11 12:45:22The truth about 0% car finance offers
The hangover has worn off, the (frightening) wedding bills have been paid, and you finally have time to relax and look forward to a long life of marital bliss ahead. Or do you?
You and your partner probably had a number of money-related…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/03/Facebook-940x788-Youre-married.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-05-02 08:11:372019-03-19 16:17:19You’re married! Now what about your finances?
Whether it’s as an investment asset or a holiday home, buying your second property poses a unique set of challenges. Here’s what you should consider.
Australians love property, and it’s not difficult to see why. Property is seen…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/01/Facebook-940x788-buying-second-property.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-04-11 14:13:522022-03-22 14:38:09What you need to know before buying your second property
Saying no to family is always difficult. But if a family member or friend asks you to become a loan guarantor, it always pays to think carefully before signing on the dotted line.
Being a co-borrower or guarantor on a loan certainly has…
https://www.optimisedaccounting.com.au/wp-content/uploads/2017/12/Facebook-940x788-Family-loans.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-03-04 08:21:462022-03-22 14:45:26Going guarantor on a family member’s loan?
Financing options for homebuyers could open up once more with the federal government suggesting that lending restrictions could be eased if property prices fall sharper than expected.
Federal Treasurer Scott Morrison says the government…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/02/Facebook-940x788-lending-opening.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-02-09 08:26:022022-03-22 14:46:30Lending restrictions could soon ease
It’s easy to get overwhelmed with a long list of tasks, so we’ve simplified things for you. Just tackle one job on this list each month and you’ll make a huge difference to your finances in 2018.
January: Create a monthly family budget…
https://www.optimisedaccounting.com.au/wp-content/uploads/2018/01/Facebook-940x788-new-year-to-do.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2018-01-15 08:00:172021-02-11 12:55:40Improve your finances one month at a time with this 2018 to-do list
Australians have gravitated towards the benefits of interest-only home loans in high numbers in years gone by. But a raft of changes mean it might be a good time to start looking into the principal-and-interest option instead.
In Australia, four…
https://www.optimisedaccounting.com.au/wp-content/uploads/2017/11/Facebook-940x788-IO-v-PI.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2017-11-30 00:49:282022-03-22 14:45:53Why it might be time to consider a principal-and-interest home loan
It could soon become harder for Aussie families to secure a loan directly from lenders, with the prudential regulator warning people to prepare for a crackdown on lending standards.
APRA’s main concern is that banks and other lenders…
https://www.optimisedaccounting.com.au/wp-content/uploads/2017/11/Facebook-940x788-apra-lending.jpg788940adminhttps://www.optimisedaccounting.com.au/wp-content/uploads/2017/08/OA-website-logo.pngadmin2017-11-27 01:00:322022-03-22 14:46:11Regulator to crack down on home loan lending standards
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