AFS NEWS | Your partners in success

Summary of the 2020/21 Victorian State Budget

On Tuesday 24 November, Victorian Treasurer Tim Pallas handed down the 2020-2021 State Budget (the Budget).

Products revealed for Digital Adaptation Program

The Small Business Digital Adaptation Program will allow eligible businesses to trial and then receive access to digital products, tools and training to build digital capability in their day-to-day operations.

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.

Taking advantage of the JobMaker Hiring Credit

The Federal Government’s JobMaker Hiring Credit scheme has officially passed Parliament, providing incentive for employers to increase their staff headcount and hire new workers.

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.