by Financially Sorted | Nov 25, 2024 | Business, Economy, Small Business, Tax & Accounting
The holiday season can be a boom for small businesses, but it also brings cashflow challenges. With increased demand, you’ll need to manage expenses for inventory, staffing and more. Here are some key tips to help you maintain a healthy cashflow during this busy time....
by Financially Sorted | Oct 28, 2024 | Economy, Interest Rates, Property Investment
Homeowners have been waiting with bated breath for 12 months now to see when the Reserve Bank of Australia (RBA) will cut interest rates which have been on hold since November 2023. Many hoped that a cash rate cut may come after the US Federal Reserve cut interest...
by Financially Sorted | Oct 28, 2024 | Economy, Small Business, Tax & Accounting
This tax season has seen many of our clients expressing concern about cashflow. Many small business owners are finding the cost of doing business more expensive and cashflow is a key concern. There are some key areas to focus on if you are finding cashflow...
by Financially Sorted | Aug 27, 2024 | Economy, Small Business
In today’s economic climate, many small business owners are seeking additional sources of income to alleviate cash flow challenges. One potential solution is passive income, which can provide financial support with minimal ongoing effort. Let’s take a...
by Financially Sorted | Jul 30, 2024 | Business, Economy, Finance, Interest Rates, Land Tax, Superannuation, Tax & Accounting, Tax Returns
Will 2024-25 be another year of volatility or a return to stability? Personal tax & super As you would be aware (at least we hope so after a $40m public education campaign), the personal income tax cuts came into effect on 1 July 2024. At the same time, the...
by kirstyb | Mar 28, 2023 | Economy, Finance
The cost-of-living pressures can be challenging to manage, but there are a few strategies you can use to ease the burden, as we list 6 ways to ease the cost of living pressures. 1. Create a budget Start by tracking your income and expenses, and then create a budget...