Do you have a dream, passion or idea? Are you ready to take action and make it happen? Enter for a chance to WIN $5,000, and #getaplan to kickstart your dream.
Every year, the Financial Planning Association (FPA) holds Financial Planning Week, to remind Australians about the importance of financial planning.
There’s a difference between being busy and being productive. While it’s true that both types of people are able to check items off of their to-do-lists, productive people check off the right items. Productive people focus on the ways that are going to have the biggest impact in both their personal and professional lives.
The Fair Work Commission has handed down the decision to increase the minimum wage by 3.3% in its annual wage review.
Congratulations to Surf Life Saving Central Coast Branch on a very successful Awards of Excellence 2017 evening with almost 400 members, supporters and stakeholders in attendance.
In a timely reminder to Business Owners about employee record keeping obligations, the Federal Court has penalised two employers and their director over $37,000 for failing to keep proper employee records.
You may have recently received correspondence from an organisation called icare. icare (Insurance & Care NSW) is a Public Financial Corporation that delivers workers compensation insurances (and other care services).
As the end of financial year approaches, it’s time to finalise your PAYG reports . This is also the time to check if there are any anomalies in your payroll system.
Effective 1 July 2017, the Fair Work Commission’s decision to reduce penalty rates will be implemented. The reduction of penalty rates is a win for small business struggling with overheads.
The 2017-18 Federal Budget was handed down on 9 May with various tax changes announced.
The Budget focuses on boosting the economy and households so that “we live within our means and are able to return the Budget to balance in 2020/21”.
You may be aware that in the 2016 Budget, the Government announced a range of changes to Superannuation legislation. These changes will be implemented from 1 July 2017 and may affect you in some way. The following provides a brief summary of the key issues.
You might be looking to create new products, find new business processes, or just be motivated to grow your existing operations. Whatever path you pursue, considering ways you can grow your business and adding them to your business plan will help you towards your business goals and finding new ways to achieve success.
Don't miss your opportunity to access the Small Business Instant Asset Write-off, which end on the 30th June 2017.
If you have been affected by disasters, such as a cyclone, flood, bushfire or storm, don’t worry about your tax affairs right away. Be assured that the ATO will give you time to deal with your more immediate problems first and they can help you to sort out your tax affairs later.
Come and meet the team at Fortunity. For an impressive approach to integrated business and financial advice, contact Fortunity today on 4304 8888
Whoever said, “You can never have too much insurance” obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets.
So you probably have building and contents, public liability and public indemnity insurance. But what else should and can you get cover for?
“The cloud” is a phrase that means something very different these days, due to the increasing use of cloud computing. But what exactly is cloud computing? And is it a good option for SMEs (Small Medium Enterprises)?
Ask our charities and not-for-profit organisations why they value Fortunity, and you will hear its our empathy and hands-on engagement with their work and understanding of the regulatory environment they now operate in.
Are you a GP in business and want to improve your financial performance? Or are you interested in knowing how to set up a GP or Specialist Business?
Some of the challenges the construction industry is facing right now include, Bad Cash Flow & Reduced Workplace Productivity to name but a few.
If the answer is yes, it is most likely that your trust is well placed. We’re not a bad bunch overall and generally have your best interests at heart. However, maybe you are finding it difficult to completely trust the people you have put in control of your financial future. If this is the case, there are a few questions you can ask yourself to make sure you’re on the right track.
Retirement can be an exciting new chapter of life, but can also create a level of anxiety around whether you have enough money and how long that money will last.
Try our "Money Life Calculator"
The federal government has made significant changes to its superannuation package, including dumping plans for a backdated, lifetime cap of $500,000 on non-concessional contributions, in order to win over the back bench and ultimately, the Senate.
When it comes to the possibility of death or disability it pays to plan ahead… It’s more than just writing a Will and it certainly shouldn’t be left to the last minute.
Thomas Edison once said that “Genius is one percent inspiration and 99 percent perspiration”.
Ever logged into your account and thought you had more money available than you actually have displayed on the screen? As a result have you stood there in disbelief and frustration and thought “Where does all my money go?” What if the team at Fortunity could guide you to finding out where all your money goes?
Come join Team FORTUNITY at the SLSCC Charity Golf Day at Shelly Beach Golf Club.
If something unexpected happened and you could no longer financially support your family, it would be comforting to know that your life insurance would provide for you. Recent research suggests that wouldn’t be the case for most Australian families.
As it is now a little time since the unexpected results of the UK ‘Brexit’ referendum became known, we thought it would be worthwhile to provide a brief update on what this may mean for investors & financial markets.
The team at Fortunity had the great pleasure of sponsoring the Inaugural Surf Life Saving Central Coast Club Conference on 25th June, 2016.
Fortunity for many years has had a proud professional affiliation with award winning Artist, Peter Smeeth.
It has been revealed that during the recent storms, more than 500 volunteers put over 12,000 sand bags in front of buildings put at risk by king tides and gale force winds.
On Wednesday night (27 April 2016) our Director Tim Davidson had the privilege to present Brittany Wales with the accolade of being the Central Coast Community Colleges Student of the Year, 2016.
How will it effect you?
The Treasurer Scott Morrison has delivered his first Budget, but his Government’s third. It is based on a lot of things going Australia’s way.
Join guest speaker Olivia Engel from State Street Global Advisors, as well as Director of Financial Planning, Craig Ayling for an update on the current state of the economy and investment markets.
Do you know the difference between employee and a contractor? Do you use contractors in your business?
Depending on your situation, this tax planning process could save you many thousands of dollars. That’s cash in your bank account, rather than the Tax Office’s.
Whether your business is growing or struggling, managing your cash flow effectively is absolutely essential, and for many, the very key to business survival. You may have heard the statistic that over 60% of businesses that go bust are still profitable, but just ran out of cash.
Want to know how to set up a GP business? Or are you a new GP to Australia?
A big Thank you to all the Nippers of Toowoon Bay SLSC. We were chuffed to receive this photo from all the juniors proudly smiling on their beach in front of our flag.
Hunter residents have been warned that a taxation scam is doing the rounds across the region.
Fortunity is pleased to announce that we have signed a new partnership agreement as the new 'business and financial advisors' of Surf Life Saving Central Coast (SLSCC) and the Central Coast Surf Clubs.
In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills that none of your current employees have. You may only need someone for a short timeframe to clear a backlog of work, or maybe you just want to avoid having to go through a formal recruitment process.
If a business owner said to you that they run their business without a budget, what would you think? You’d think they were incompetent. Or perhaps lazy? Or both?
But what do most families do?
When you think about it, a family is actually a mini business. There is income, there are expenses and there is, hopefully, something left over to invest and to enjoy.
So why don’t most families operate to a budget?
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash.
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning.
Thomas Edison once said that “Genius is one percent inspiration and 99 percent perspiration”.
Unfortunately, going from that inspirational idea to the finished product takes a lot more than hard work. Just like Edison, you also need to invest in a lot of research and development.
And R&D doesn’t come cheap.
Fortunately the Federal Government helps business in two ways: Grants and Tax Incentives