The ATO has announced a Working From Home tax shortcut to accomodate the changed working conditions for most Australians. This means that for the period commencing 1 March 2020 and ending 30 June 2020 there are now three ways that you can choose to calculate your additional deductible running expenses.
It can often be confusing as to what constitutes ‘retirement’ and when you can claim your Super Benefit. Here’s a simple summary of what to expect. If you are aged between 60 and 64 your Super Benefit is preserved…
It’s not uncommon for people to open a new super account each time they start a new job. However, considering the average Australian school leaver today is expected to work for as many as 17 different employers throughout their…
The Superannuation that your employer pays on your behalf is your hard-earned money. If your employer is not paying your Super, they are stealing from you. Many businesses that are struggling find it difficult to pay their debts as…
According to the Australian Taxation Office (ATO), there was over $17.5 billion in lost super across 6.2 million accounts in 2017. As of June 30, 2019, that sum is estimated to be at $20.8 billion. Some of these accounts…
On 30 March 2020, the Federal Government announced the introduction of an Australian Government wage subsidy known as the JobKeeper scheme. The JobKeeper scheme is aimed at helping employers significantly affected by coronavirus to keep paying their employees and…
The Morrison Government’s mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian economy was in relatively good shape and headed for a Budget surplus. It’s not…
Superfood for Superheroes hits the road to feed aged-care workers in Toowoomba Thanks to the generosity of MOA Benchmarking (and a little help from the managing director’s daughters), our Superfood for Superheroes initiative was able to provide 100 gourmet…
Another 400 meals delivered to deserving healthcare workers thanks to the Superfood for Superheroes project Staff at the Wesley Hospital, Brisbane, enjoyed a gourmet lunch today thanks to the efforts of our Superfood for Superheroes initiative. The project, funded by our Community Fund,…
The Government’s second stimulus package announcement provides much needed income support to Australia’s retirees. Retirees affected by falling superannuation balances and deeming rates out of line with historically low interest rates have been offered some reprieve. In addition to…
