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The greatest challenges facing future retirees
Will you retire with enough money in your super fund? This article explains the challengers that today’s accumulators face in order to reach their retirement goals. Housing affordability, low interest rates, pandemics, through to an aging population and pressure our welfare system are all key points covered in this thought-provoking article.
Make sure your succession is a success
This article asks the important questions to start the succession planning process. It highlights the importance of having Professional Advisers during all stages – before, during, and after.
3 Monkeys AV thrives with Insight
he Perth company with the quirky name; 3 Monkeys Audiovisual, has grown from a fledgling business run from the owner’s attic to a multi-million dollar enterprise about to move into its own uber-modern showroom in Bayswater.
Owner Francis Fragomeni says Insight Advisory Group has been right alongside it every step of the way, providing an impressive range of services from business advice to bookeeping and payroll.
He explains the relationship started in the year 2000 when Insight principal Domenic Manno introduced him to a business opportunity; the chance to become a partner in an audio hire company. That business grew, even developing a sales division before Francis sold his share and moved into wholesaling.
Insight helps Pumpnseal go from good, to great
There is a saying, that relationships in life, and business, support and connect people, and allow them to grow all aspects of their lives, and that has never been more so, than with the former owners of the highly successful WA company Pumpnseal Australia.
The top 8 reasons why staff leave
Australia is facing a shortage of skilled labour. When the supply of staff dry up the focus often turns to retention. But the first step is to understand why people you want to stay, choose to move on?
When is the best time to refinance your home loan?
When is the best time to refinance your home loan? As a home owner with a mortgage, chances are you’ve heard of the term 'refinancing'. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your...
The unreachable Australian dream
Who thought house prices were going to fall due to the economic fallout from the COVID-19 pandemic? Our hand is up! Unfortunately for us, and for those wanting to enter the housing market for the first time, we were wrong. This article discusses the continued increase...
What happens when interest rates increase?
Since November 2020, borrowers have been indulging in record low interest rates, but what happens when rates start to rise, and mortgage repayments become unmanageable? This article discusses interest rates of the past and uses a case study to show the importance of...
Family Dynasties – The Thompson Family, From Blue Seas to Red Dust, a WA Treasure
When we consider family business dynasties, there’s probably few as quintessentially West Australian or as
diverse as the cray fishing Thompson family from the seaside town of Cervantes. Read more here …
Insight Brings Luxury Retreat Closer to Realisation of Dream
Insight’s support for Amaroo stretches from tax advice, to business strategies, and managing the company’s payroll.
The New Lifetime Director IDs
Directors will be required to register for a unique identification number that they will keep for life, much like a tax file number under a rewrite of Australia’s business registers.
New laws target sharing economy platforms
In an attempt to reign in undeclared income, proposed new laws will require platform providers in the sharing economy to report all transactions through their platforms.
6 Member SMSFs – The Issues and Opportunities
From 1 July 2021, the maximum number of members a Self Managed Super Fund can have increased from four to six. Why would you have a fund with six members and what are the implications?
Business in a post-pandemic environment
Countries that have experienced the worst of the pandemic give Australian business an insight into what to expect in a post-lockdown environment.
Lock-downs: What help is available
The highly infectious Delta COVID variant is triggering lock-downs across the country. We look at what help is available and how you can get it.
Am I taxed on an insurance payout?
Australia has had its fair share of disasters over the last few years – drought, bushfires and floods – that have ramped up the volume of insurance claims. Most people would assume that if and when they need to claim on their insurance, the insurance payout covers the damage and is not income assessed for tax purposes – but this is not always the case.
Work from home expenses under scrutiny & the perils of browsing Facebook
If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed.
What changes on 1 July 2021?
What changes on 1 July 2021
3 Monkeys AV thrives with Insight
he Perth company with the quirky name; 3 Monkeys Audiovisual, has grown from a fledgling business run from the owner’s attic to a multi-million dollar enterprise about to move into its own uber-modern showroom in Bayswater.
Owner Francis Fragomeni says Insight Advisory Group has been right alongside it every step of the way, providing an impressive range of services from business advice to bookeeping and payroll.
He explains the relationship started in the year 2000 when Insight principal Domenic Manno introduced him to a business opportunity; the chance to become a partner in an audio hire company. That business grew, even developing a sales division before Francis sold his share and moved into wholesaling.
Your SMSF: when expenses and investments are not at arm’s-length
We often get questions from clients about what they can and cannot do in their SMSF. Often the questions relate to related party transactions – that is, interactions between the SMSF, its assets, and its members (or relatives of members). We’ve set out some of the common questions and answers.
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