Advivo Partner, Dale Edwards discusses the importance of having a budget in place to understand the key drivers of your business. As a business owner, you likely often hear people say that businesses need to have a budget. But budget planning takes a lot of time and mental effort, which you may not have in…
2022-2023 Federal Budget Update Last night, Federal Treasurer Josh Frydenburg delivered the 2022-2023 budget. Amidst a mountain of government debt incurred over the past few years due to COVID, and in an environment of inflationary pressures, rising bond yields, wages pressure and interest rate pressure, it appears to be a financially responsible budget. It is…
2021-2022 Federal Budget Update Welcome to Advivo’s summary of what we believe are the most relevant points for businesses from the 2021-2022 Federal Budget announced last night. Josh Frydenburg has delivered a ‘Pandemic’ Budget focused on job creation, infrastructure, women’s rights and protection & equality and health issues including aged care, NDIS, mental health and…
2020 – 2021 Federal Budget – ‘The Road to Recovery’ Welcome to Advivo’s summary of what we believe are the most relevant points for businesses from the 2020 – 2021 Federal Budget announced last night, unusually in October rather than May, reflecting an extraordinary year in Australia’s history. Treasurer, Josh Frydenburg has delivered a budget…
2019 Federal Budget Update Significant Impacts Welcome to Advivo’s summary of what we believe are the most significant impacts for businesses from last night’s Federal Budget. Our comments are predominantly focused on the measures that affect businesses and their owners. Importantly, given there is almost no time to legislate these items, this government may need…
Scott Morrison’s budget announcement of personal income tax changes need no introduction, just a lot of patience. The budget headlines have glossed over some of the important detail which we know will affect our business clients as well as everyone’s superannuation. Summarised below are the key take-aways which we’ve cherry picked for our clients. It…
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