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Estate Planning

09/08/2021

Do you have assets controlled by you, but not in held in your name? You should consider estate planning, as you need more than a Will to ensure any transfer upon your death is managed in a tax effective way. Over your lifetime you will likely build up a range of assets and wealth. Upon […]

Are you worried about aged care needs?

01/08/2021

We are living longer and that is good news as it may give you more time in retirement to tick off your bucket list. But at some point, you can expect to slow down and take things easier. At that point, you may benefit from help around the home or with some of your daily […]

NSW COVID-19 Support package

15/07/2021

Following the Disaster Payment Support announced by the NSW Government, the Federal Government and NSW Government have recently announced a further combined COVID-19 Support Package for businesses and individuals impacted by the current COVID-19 lockdown. This update will primarily focus on the support available to small and medium businesses to date. Updated on 30 July […]

AML/CTF changes now in place

08/07/2021

Anti-Money Laundering & Counter Terrorism Financing (AML/CTF) reviews are currently in full swing, and the regulator is expected to step up proactive monitoring. Following criticism and concern regarding Australia’s customer due diligence requirements, amendments to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) (AML/CTF Act) were passed by parliament in December 2020, and these […]

Grant alert – Digital Agriculture Investment Scheme

08/07/2021

Grants of up to $50,000 are available to Victorian Primary Producers looking to modernise their production processes. The Victorian Government is investing $10m into primary producers through the Digital Agriculture Investment Scheme. Farmers and agribusinesses can now apply for funding to invest in on-farm digital technologies to improve productivity, resilience and long-term viability. Grant funding […]

Grant alert - Export Market Development Grant

22/06/2021

AusTrade’s flagship Export Market Development Grant (EMDG) is transitioning from a retrospective reimbursement to an upfront grant agreement, providing greater certainty and support for businesses that look to expand to foreign markets. The change will fundamentally alter how applications are made and managed, impacting every business that is currently accessing the scheme. Key changes include: […]

FTA with UK opening doors for Australian agribusiness

17/06/2021

Australia has taken the lead with the UK, creating a free trade agreement (FTA), in what we see as a significant development to help those in the Agribusiness sector. It’s great to see that Australia has taken the lead with the UK in what we see as a significant leap forward in helping those in […]

Exporter tips - how to get paid

17/06/2021

Exporters are often uncertain about how to optimise their chances of getting paid. There are currency aspects to be aware of, and we include several tips to assist companies on their journey. Australia is a major producer and exporter of natural resources and energy, food and agricultural commodities, education and tourism. We also export many other […]

Victorian Government Purchasing Board procurement requirements

08/06/2021

From 1 July 2021, the Victorian Government Purchasing Board (VGPB) will require more Government agencies to meet its procurement requirements. Government agencies will have until 30 June 2022 to be compliant. Agencies will need to align with the VGPB policies by 30 June 2022. It’s imperative that agencies review their compliance immediately to address any […]

SG minimum to increase 10% from 1 July 2021 - are you ready?

04/06/2021

The Superannuation Guarantee (SG) rate will increase to 10% from 1 July 2021 under the Superannuation Guarantee (Administration) Act 1992 (Cth) (SGAA) and will rise by 0.5% per year until it reaches 12% by FY 2025. Employers need to start planning now for the change in the superannuation contributions. Total remuneration package Where employees are […]