Entries by AFS Bendigo

The benefits of building an investment property

When thinking of an investment property, your first thought probably isn’t an empty block of land. But did you know that there are many advantages to building an investment property? Not only can you build the property to be fit-for-purpose, there are long-term financial benefits that can boost your cash flow.

Increase to minimum wage in Australia

The Fair Work Commission (FWC) announced earlier this year that there would be an increase to the minimum wage in Australia, coming into effect on three different dates for different groups of industry awards. The minimum wage has been increased to $753.80 per week or $19.84 per hour, an increase of 1.75%. This constitutes an […]

Client Update | October 2020

COVID-19 delayed the usual Federal Budget May delivery to the start of October, with Treasurer Josh Frydenburg announcing it as the “jobs budget”, aiming to secure Australia’s future. In one of the most important Budgets in Australian history, it focuses heavily on job creation, infrastructure, asset write-offs and personal tax cuts.

JobKeeper 2.0 – guidance for employers

The JobKeeper scheme has been extended from 28 September 2020 until 28 March 2021. To receive the new JobKeeper Payments from 28 September 2020, the eligibility will be based on actual turnover change rather than projected change which was used when businesses first applied.