Summer is upon us and December arrived with bush fires in Queensland and flooding rains in NSW. Our best wishes go out to all those affected as well as our brave emergency services workers. Read more
We hope you had peaceful and relaxing Easter break. With the Commonwealth Games now on, we have been excited to watch and support our athletes in their pursuits.
On 15 March AFS & Associates hosted the World’s Greatest shave in front of our Bull St office. Ashleigh Turtur and Jas Singh said goodbye to their locks and raised a huge $4,786.63 combined. Read more
Some thought it couldn’t be beaten, others thought they could beat it themselves, but the Corporate Cup was destined for the AFS/Venture team again in 2017, who claimed it for the fifth year in a row at the annual Bendigo Bank Fun Run. Read more
It seems as though every year as people gear up for tax time, there’s a new type of fraud or cyber attack that crops up. Most people want to do the right thing when it comes to dealing with government authorities like the Australian Tax Office (ATO), and scammers take advantage of that. Read more
As April arrives Queenslanders are clearing up after the devastation of Cyclone Debbie which damaged homes, businesses and agricultural crops. Our thoughts and best wishes go out to all those affected.
Our April update includes a very special front page, as we introduce our first Chief Executive Officer of the firm, Kate Mannix.
It’s hard to believe it’s February already, with the nation back at work and kids back at school after the summer holidays.
Casual cash quarter
This casual cash quarter we are recognising the hard work that our local firefighters do, especially during the warmer months. We will be supporting our local Lockwood and Maiden Gully Fire Brigades through casual cash donations.
All eyes were on the US in January, where newly installed President Trump hit the ground running. Markets took this as an encouraging sign that he would follow through on promised tax cuts and infrastructure spending. An encouraging start to the US company reporting season and higher oil prices also boosted confidence, until confusion surrounding immigration policy prompted a late sell off.
In Australia, local shares lost ground over the month despite continued strength in iron ore prices and tame inflation. The consumer price index (CPI) rose by a lower than expected 0.5% in the December quarter, taking the annual rate of inflation to 1.5% from 1.3% previously. This leaves the door open for a potential further rate cut by the Reserve Bank if inflation remains in check.
Also in this issue:
- Home office deductions explanation
- Wine Equalisation Tax Rebate changes summarised
- Tips on how to get your business on track for 2017
- Venture Financial Advisors raise the topic of education costs
- What we’ve been up to in the community.
We hope you find this issue informative, should you wish to investigate any of these matters, we encourage you to contact our office.