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$100 million new drought recovery loan scheme announced

$100 million new drought recovery loan scheme announced

16 January 2015

In early December, the minister for agriculture, Barnaby Joyce, announced targeted government assistance for drought-affected farmers in Queensland and New South Wales through the $100 million Drought Recovery Concessional Loans Scheme.

Minister Joyce said the government’s drought recovery loans would target farm businesses that are in need of financial assistance as a result of severe and protracted drought conditions. 

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Getting into good financial habits

Getting into good financial habits

16 January 2015

Get into good financial habits, lose weight and get fit, travel more, stress less. These are some of the most popular New Year’s resolutions around. Come 1 January, about 45% of Australians vow to make changes that better their lives. Most people however, will collapse long before reaching the finish line with only about 8% achieving their resolution.

The following ten good financial habits that were featured in the Autumn edition of “Financially Speaking” newsletter can help you make the most of your wealth accumulation strategy and get you on the road to achieving your financial goals you set in your New Year’s resolution. 

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Save time in your business by using AUSkeys to report information

Save time in your business by using AUSkeys to report information

16 January 2015

It's one of the things no one tells you when you're running a small business - the amount of time you spend on paperwork. Amongst those obligations is the need to regularly submit information to the government. 

The government's answer to this is Standard Business Reporting (SBR) - a series of specifications that software developers can integrate into accounting and other business software. Rather than spending time filling out paper forms and re-entering data into different systems, portals or government agencies you enter data once into your systems and it's automatically sent in the correct format.

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Ten questions with Wagga Wagga director Simon Sellars

Ten questions with Wagga Wagga director Simon Sellars

16 January 2015

From being a cycling fanatic to the importance of application at school - we explore the childhood memories, life lessons and quirky habits of Boyce Wagga Wagga director, Simon Sellars.

Simon describes himself as passionate, positive and results driven; he can also put quite a few coins on his elbow, drop them and catch them in the same hand.

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Fuel tax credits changes

Fuel tax credits changes

15 January 2015

Do you use fuel in your business? If so, you should know that there have been changes to the fuel tax credit rates. Fuel tax credit rates increased for fuel acquired from 10 November 2014.

What this means for your business is that when calculating your fuel tax credit, you need to use the fuel tax credit rate that applied when you acquired the fuel.

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