Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
Restart Wage Subsidy What is the Restart wage subsidy? The Restart wage subsidy is a payment of up to $10,000 (GST inclusive) if you employ eligible mature age job seekers for 12 months or more. $6,500 (GST inclusive) is payable if the employment is for… Read More >>
Archives for May 2016
Queensland Government drought assistance
Drought Relief Assistance Scheme (DRAS) The Drought Relief Assistance Scheme (DRAS) provides five assistance measures. Drought-declared properties may be eligible for: freight subsidies for transporting fodder freight subsidies for transporting water the EWIR (Emergency Water Infrastructure Rebate), which provides a rebate on the purchase and… Read More >>
QRAA First Start Loan – Primary Producer
QRAA’s First Start Loans provide finance up to $650,000 to assist in the early years of establishing a primary production enterprise. Obtain the finance you need to enter into primary production or to become a full-time primary producer. Buying your first farm Considering buying your first… Read More >>
Cash flow – the number one issue for small business
In 2005, OBT guest blogger Colin Dunn undertook a survey of 1,500 business owners asking what additional help they needed from their accountant. At that time, 58% of respondents said that they needed more help from their help in managing their cash flow. Colin writes:… Read More >>
A leap year can also cause your tax to leap
As this year is a leap year, some of you might receive an extra pay period. If you are paid weekly or fortnightly then the number of fortnightly pay periods could be 27, instead of the usual 26, and the number of weekly pays could… Read More >>
Power of attorney – more than just a Will
Protect yourself and your family with a power of attorney If you have an accident or fall ill, you may need someone to make decisions on your behalf. A power of attorney is a legal document that allows you to nominate someone you trust to make… Read More >>
Australia’s mining transition
Australia’s transition from mining to a service driven economy continues The Australian economy is showing signs of responding to commodity price weakness by rebalancing from mining to the services sector and to activities that are driven by domestic demand. The commodity price appreciation over the… Read More >>
AUD strength remains a concern for RBA
Australian companies reported their half-year financial results during the quarter, exceeding expectations despite global economic headwinds. Companies leveraged to housing and the consumer market fared best, reinforcing the moderating concerns associated with the property market and the view that share market weakness can be mainly… Read More >>
Succession not just for mainstream business
Planning now and for the next generation When it comes to the succession planning process, most farms are family-owned so harder to divide fairly as land values can fluctuate wildly over the years. Succession planning ensures that there is clarity and a written agreement within… Read More >>
If tomorrow never comes, the day before ALWAYS does!
Succession planning to be in control with certainty and confidence Waiting until something goes wrong – an unexpected death or illness, for example – only delays problems until a time when you and your family are ill-equipped to cope with succession planning properly. While it… Read More >>
