2024/25 Federal Budget

What changes have come from the 2024/25 federal budget? First the government has confirmed that the revised personal tax rates cut has been enacted into law. The below tables outline the marginal income tax rates and thresholds that will apply. These rates will apply from 1 July 2024; The Government has also increased the Medicare levy low- income threshold amount for singles, families and seniors and pensioners and will apply…  Read more

Effective strategies for boosting your startup’s cash flow

In the unpredictable world of startups, maintaining a cash surplus can be a lifesaver. It provides a safety net in case sales don’t meet expectations or unexpected expenses arise. Aside from providing security, surplus cash also paves the way for expansion opportunities, handling large bills, or purchasing essential equipment. While injecting personal capital or taking out a loan can aid in creating a cash surplus, let’s explore some other effective…  Read more

Using KPIs to monitor and improve business performance

The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm.  What both hypothetical companies share however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular business model. Indeed, entrepreneurs have a vast array of reports and data sets from which to choose and select from, but that data needs to target those…  Read more

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