Australia’s small business owners getting richer and smarter with their money There are more than 2.1million owner-operators of small or micro-sized businesses in Australia. Using data collected over the last 10 years, researchers found business owners are income-short but asset-rich. Interesting patterns emerged when examining… Read More >>
Archives for July 2014
The future influences the present just as much as the past. An effective succession plan requires the analysis of the current and future situation, not only of the business but also the individual owners. To continue the analysis process, we look at #4 of 10 key issues, as… Read More >>
Kathy jokes that she is a Financial Planning chief cook and bottle washer! In reality she covers a wide-ranging number of services as one of the keystones of OBT’s Financial Planning team.
As part of the recent Budget measures announced by the Federal Government, the Fringe Benefits Tax (FBT) rate will increase from 47% to 49% from 1 April 2015 until 31 March 2017, that is, for the 2016 and 2017 FBT years. The intention behind the… Read More >>
As we bid farewell to one financial year and look forward to the start of the 2014/2015 financial year, the incoming changes to the regulatory, tax and superannuation environments heralds for many the loss of some of their current wealth building opportunities. Yet, on the plus side,… Read More >>