Podcast

No matter how big or small your business or individual brand is, if you don't have a trademark in place - or, more importantly, the right trademarks in place - you run the risk of either losing the ability to protect your brand and effectively market it (which can lead to significant loss of income), or - worse still - infringing on the legal rights of another […]

While tax losses are never fun to incur, there is a bright side to them - they can be used to lower the tax payable on future profits. However, the ATO requires certain criteria to be met before a loss can be used.In the case of companies, there are two tests they are subjected to in order to be able to offset prior year tax losses against future taxable income: the […]

Fighting off the effects of mild laryngitis, Louie is back to help our legends of the land, our fantastic farmers, learn more about the Australian Government's financial support program known as the Farm Household Allowance.This allowance provides support to primary producers in times of financial hardship, no matter the cause of the hardship. Income and Assets test […]

A company tax structure is a very popular one, and can be the most appropriate for your own circumstances. However, unlike an individual, partnership, or trust tax structure, withdrawing funds from a company for personal use is not as straight forward, as tax legislation requires such withdrawals to be paid back to the company (subject to few exceptions).Louie […]

Louie welcomes us into the new financial year by discussing the main changes taking effect from today:National Minimum Wage Increase Adult Minimum Award Wage Increase (for most Awards)Superannuation Guarantee Increase$450 monthly minimum ordinary earnings threshold removed for superannuation purposesCessation of the Pandemic Leave Disaster PaymentLow and Middle […]

After a short break, Louie returns to the studio by welcoming SCBA's Business Operations Consultant Adrian Mezzatesta to talk about all things Xero and how this "beautiful accounting software" can make a major difference to how clients manage their bookkeeping and accounting affairs.Incorporating Xero into your business life is - as Adrian puts it - a […]

The Victorian government, through Business Victoria and the Department of Jobs, Precincts and Regions, has opened up another round of the Small Business Digital Adaption Program. This program offers a rebate of up to $1,200 for eligible small businesses who take up a new subscription of an eligible product to assist with their transformation to a more digital […]

Being involved in property investing is an exciting prospect, and one which can be extremely financially rewarding and life-changing. But it can also be a daunting prospect if you get into it without the right information, guidance and support.Louie welcomes Clem De Rosa and Noel Costa back on the podcast to discuss the foundations of getting into the property game, […]

We use advanced software every day, so why should safety and compliance be any different? Especially in the agricultural world?SafeAg Systems keeps workplace health and safety top of mind for your whole company and brings safety management in line with your other software solutions.Louie chats with SafeAg Systems' Business Development Manager Kirby Richmond-Davis to […]

On the heels of the Coalition Government's handing down of the 2022-23 Federal Budget, Louie takes you through the key announcements and measures that affect individuals and businesses from a tax and financial perspective.Contact us:E: admin@scba.com.auP: (03) 5018 6444Disclaimer: Shooting for the Stars Podcast is provided for general information purposes only and […]

Heading into the 2022 tax planning season, the ATO have come out with a "curve ball from out of left field" (to use baseball vernacular) by drafting legislation targeting - or as many in the accounting profession have termed "attacking" - discretionary trust distributions to adult children, where the amount sits as an unpaid present entitlement and could be taxed at […]

Words cannot begin to describe the devasation and distress of the recent record flood events occurring in South East Queensland and in the Northern Rivers region of New South Wales. As individuals, families, businesses, community organisations and Local Government Area councils do their best to pull through and start to rebuild and recover, the Commonwealth […]

Being able to manage your team is a fundamental aspect of running an employing business. But when a one-in-a-100-year event like COVID-19 is thrown into the mix, it becomes even more than that - it becomes paramount.Louie welcomes SCBA Managing Director Noel Costa back to discuss the key statistics around employee satisfaction and needs while working under COVID-19 […]

After a delayed start to 2022 due to falling ill to COVID-19 in January, Louie is back to bring more invaluable content to our clients, subscribers and other listeners alike.On this episode, Louie has the utmost pleasure of talking with the Owner/Director of the Global Training Institute, Anne Botting, about the Commonwealth Government's current 50% wage subsidy (up […]

For our final episode of 2021, Louie speaks with Southern Cross Property Advisers Property Projects Specialist and Licensed Estate Agent Clem De Rosa about how the property market fared overall in 2021 around Australia (with specific focus on Mildura). Louie and Clem also discuss the future of apartments, and predict whether 2022 will see the bubble get bigger or - […]

From 1 November 2021, all company directors (including directors of corporate trustees) are now required to hold a Director Identification Number issued by the Australian Taxation Office, via the Australian Business Registry Services. This is a new mandate introduced by the Australian Commonwealth Government to help prevent the use of false or fraudulent director […]

From 1 November 2021, whenever an employer/business hires a new employee (or engages with a contractor who is subject to employer superannuation based on the nature of the work performed). there is an extra step required in determining the relevant super fund for the employee/contractor should they not provide the employer/business with a completed Superannuation […]

With so many state-based grant programs announced across all states and territories in Australia to assist and support businesses throughout the COVID-19 pandemic, now that there appears to be a glimmer of light of "normality" at the end of the tunnel the question now turns to: will there be any tax to pay on these grants? Well, the answer is not universal; that is, […]

Due to major announcements occurring just before this episode was due to be published regarding changes to both New South Wales and Victoria's COVID-19 business support programs, the scheduled "Managing People Through COVID-19" episode has been postponed.In this episode, Louie takes you through the specific changes to NSW's JobSaver and Micro-Business grant payments […]

Steering away from COVID-19 for the moment, Louie takes you back to an excerpt from the episode "Managing People" where SCBA Managing Director Noel Costa discusses the four behavioural traits that make up the DISC Profile - Dominance, Influence, Steadiness and Conscientiousness - and how much of a powerful tool it is in assisting with the management of people in the […]

Just as it seemed there wasn't anymore COVID-19 financial support for businesses being announced, Victoria extended its lockdown well into September. As a result, the Minister for Industry Support & Recovery Martin Pakula once again fronted the media this past Saturday with even more funding from State Treasurer Tim Pallas and Federal Treasurer Josh Frydenberg, […]

While the main focus has been on New South Wales and Victoria with regards to business grant funding, it would be remiss to ignore the other Australian states and territories who also each have support measures for their own businesses that have been impacted by their own separate lockdown restrictions in recent months.And despite Tasmania being the only state to […]

Greater Melbourne's "second wave" lockdown from 8 July 2020 to 27 October 2020 is still regarded as one of - if not the - toughest in the world in terms of restrictions. However, the current Greater Sydney lockdown is giving it a run for its money. Speaking of giving money, that's what both the New South Wales and Commonwealth Governments are doing in the form of […]

It's fair to say that Victoria has become the unwanted "Lockdown Leader" of Australia after entering a further TWO snap COVID-19 lockdowns in both mid July and early August to go with FOUR previous lockdowns (including the 112-day "second wave" hard lockdown endured over much of winter and spring in 2020). And it's even more fair to say that Victorian businesses have […]

With over 14 million Australians subjected to the latest COVID-19 Delta Variant lockdowns in Greater Sydney and the whole states of Victoria and South Australia, the Commonwealth Government has teamed up with the relevant State Governments to provide an alternative to 2020's Jobkeeper payment in the form of the COVID-19 Disaster Payment.Louie takes you through this […]

A new financial year brings about new opportunities to not only minimise your tax, but also maximise your wealth. Investing in real estate has always been a very popular way to build wealth, but without being equipped with the right education and understanding of what is actually involved, it can cause more harm than good.Louie chats with Clem and Noel to learn how […]

Louie chats with SCBA Director Noel Costa about the importance of ensuring that your business' most important investment - your human capital - is managed in the best possible way to achieve what Noel likes to call "premiership success".Contact us:E: admin@scba.com.auP: (03) 5018 6444Disclaimer: Shooting for the Stars Podcast is provided for general information […]

Federal Treasurer Josh Frydenberg has handed down the latest budget, claiming that "Australia is back!" And with proposed extensions of personal tax cuts and small business incentives, it is a statement with merit.Listen in as Louie dissects and further details the key tax and superannuation related measures from the budget and what they will mean for individuals, […]

The 2021 tax planning season is in full swing, and given the major impact of COVID-19 it is more important than ever to have not just your tax affairs in order before 30 June, but all other areas of business and finance as well.Listen in as Louie & Nihit discuss the importance of tax planning and reviewing other matters such as cash flow position, entity […]