2 June 2017
The 2016 Australian Cotton Comparative Analysis report has been recently published and is available to download here.
The analysis is conducted annually by Boyce Chartered Accountants, the largest regionally based accounting firm in Australia, in conjunction with the Cotton Research and Development Corporation (CRDC).
The 2016 analysis is the twelfth report to be produced by Boyce and CRDC. From 1986 to 2004 the report was published independently by Boyce.
The aim of the study is to collect and critically analyse data that will assist the industry to grow and develop sustainably through a focus on best practice techniques. The study is regarded by the cotton industry as the benchmark for the economics of cotton growing in Australia.
12 May 2017
On Tuesday the 9th of May the Federal Treasurer, the Hon. Scott Morrison MP, delivered the Coaliation Government's national budget for the 2017-18 Financial year. Overall the stated focus of this budget is on "boosting the economy and helping households, to ensure all Australians can benefit from the nation's growth story". It is a fairly uneventful budget overall in terms of significant taxation reform, but some of the legislation changes outlined below may affect you and it is important to seek advice from your accountant regarding the potential impact.
There is a forecast deficit for the 2017-18 year of $29.4 billion. The overal impact of policy decisions in this Budget has improved the bottom line by $11.4 billion over the 4 year estimates and the budget remains projected to return to balance by 2020-21. Following is a summary of the main features of the budget, some of the wording in the budget announcement papers was quite vague in some areas, and expect more detailed information to come to light once they become closer to being legislated.
31 March 2017
The amended superannuation legislation will come into effect on 1 July 2017. The superannuation changes require a profound adjustment to superannuation strategy and planning and like any change, highlight the importance of expert guidance from accountants and advisers.
13 March 2017
From wood carting on weekends with his grandfather and father, to being the world’s best dishwasher - we take a look at Jono’s childhood memories, important lessons learned in life and quirky habits.
1. What are three words to describe you? Logical; Caring; Conscientious.
10 March 2017
Five questions you need to ask yourself
After months of uncertainty and intense lobbying on the controversial aspects of the federal government’s superannuation reform, the amended superannuation legislation was finally passed in late November.
The superannuation changes present a profound adjustment to the strategic landscape for Self Managed Superannuation Funds (SMSFs). Like any change, they highlight the importance of good guidance from accountants and advisers.