As with all things in life, there are costs associated with doing business. What some business owners fail to realise is the many definitions of cost, and how this will impact both how you may price a product or service, or whether in fact you would look to proceed with a transaction at all. Determining […]
As of 1st July 2019 Single Touch Payroll (STP) applies to all employers – prior to this point it was only relevant for businesses who employ 20 or more staff. For those who are unfamiliar with STP, this is an initiative from the ATO to assist with transparency and integrating employee data in real time. […]
With working capital being a key consideration for small, medium and large businesses alike, there are a number of new products that have entered the market in the last 2-3 years. A client of Flexible Capital was looking for ways to improve working capital after finding it difficult to obtain an extension on an existing […]
For the second consecutive month, the Reserve Bank of Australia has cut the official cash rate by 0.25% – this has resulted in a new record low cash rate of 1.00% As with the previous rate cut, some banks chose to pass the interest rate on in full, whilst others didn’t. The ANZ is the […]