The Impact of Interest Rate Cuts on Australian Small Businesses: A Mixed Outlook
Recently Sean Aylmer from the podcast “Fear and Greed” interviewed Patrick Coghlan who is the CEO at Creditor Watch. Here are some summary highlights from the interview: The recent interest rate cut has provided some relief for homeowners, but what does it mean for small and medium-sized businesses (SMEs) in Australia? While positive indicators we
Rising Hopes for Interest Rate Cuts Amid Easing Inflation
Update 31 January 2025 The recent report from the Australian Bureau of Statistics (ABS) has set the stage for a potential shift in the monetary policy landscape. The good news is inflation finally seems to be coming down! Inflation figures for the final quarter of 2024 have indicates a slowdown, analysts and financial markets seem […]
Celebrating 25 Five-Star Google Reviews at Keypoint Accountants
At Keypoint Accountants, we are thrilled to announce that we are celebrating 25 five-star reviews as we close out 2024! This achievement is not just a number; it represents the trust and satisfaction of our clients who have taken the time to share their positive experiences with our services. Each review reflects the hard work […]
$900Billion Lost Market Cap in 2 Months! The Meteoric Rise and Sudden Fall of Nvidia’s Stock Value: A Closer Look
(Photo Credit: NVIDIA Newsroom) So it seems like it’s too bad for anyone who got excited and invested in the rising stocks of Nvidia in early July! Few stories have captured the attention of investors and industry experts quite like the recent fluctuations in the tech chip-maker Nvidia’s stock value. As a leading player in […]
Claim Your Home Office Expenses Correctly With ATO’s Revised Fixed-Rate Method
With the rise of remote work in recent years, more and more Australians are setting up home offices. Whether you’re a full-time employee, a freelancer, or a business owner, it’s important to understand how to correctly claim home office expenses on your tax return. As of 1 July 2022, the Australian Taxation Office (ATO) introduced […]
Albanese Government Warns of Malicious myGov Scammers Targeting Businesses
In recent years, scammers have become increasingly sophisticated in their tactics, particularly when it comes to impersonating government entities like myGov and the Australian Taxation Office (ATO). These malicious actors are constantly finding new ways to exploit unsuspecting victims, and businesses are not immune to their schemes. The Australian government
The Dreaded ATO Tax Audit – Latest Stats, and How to Be Ready
For any business owner, one area that often causes concern is the potential for audits and reviews by the Australian Taxation Office (ATO) or other government revenue authorities. While these audits may not necessarily reflect any faults in your book-keepers or accountant’s work, they can still disrupt your business operations. Staying informed about th
Australian Company Failures Surge to 11-Year High, ASIC Data Reveals
In a stark wake-up call for Australian businesses, the latest insolvency data from the Australian Securities and Investments Commission (ASIC) paints a grim picture of the corporate landscape. With a staggering 36.2% increase to 7,742 companies entering external administration from 1 July 2023 to 31 March 2024, it’s clear that the aftershocks of the pan
Only One Month Until EOFY – Top Five Things Every Business Should Do
As the end of the financial year (EOFY) rapidly approaches, business owners must take a step back and ensure they’re well-prepared for the upcoming tax season. With only one month left until the 30th of June, now is the perfect time to review your financial situation and make any necessary adjustments to optimise your tax […]
How the 2024 Federal Government Budget Affects Businesses Across Australia
In the latest Federal Budget, the Albanese Government has introduced several measures aimed at supporting small and medium-sized businesses, encouraging foreign investment, and improving compliance. As a business owner, it’s important that you understand how these changes may affect your operations and financial planning. Let’s discuss the key announc