Cashflow

Yes, it’s that time again. 30 June is racing up on us and business owners are flat chat. Here are three key tips to help you make the end of the financial year easier (or less taxing).

Insurance premiums incorporated into superannuation funds can eat away at your life savings, with the difference amounting to thousands per year for some funds.

A new customer financing arrangement has delivered more than half a million dollars worth of business to Brisbane-based telecommunications provider Comscentre within its first three months.

Aussie Home Loans has been rejected by ANZ Bank in its quest for the $2 billion needed to revitalise Aussie’s home loans business BusinessDaily reports.

Citibank’s Clear Platinum credit card is Australia’s favourite, according to banking comparison website InfoChoice.com.au.

National Australia Bank (NAB) through it’s wholly owned subsidiary Great Western Bank (GWB) has announced the acquisition of the failed TierOne Bank (TierOne) from the Federal Deposit Insurance Corporation (FDIC) for a cash payment of approximately US$76 million.

The Federal Government’s proposed increase in the Superannuation Guarantee from 9 to 12 percent has ‘almost universal support’ from Australians a poll commissioned by ASFA concludes.

The big news in 2009 was the federal government’s Investment Allowance, so if yours was one of the larger companies which took advantage of the 30% investment allowance, the end of tax year is your final deadline.

ATO changes to family trusts will see Australian businesses subject to cost and time burdens in order to comply with two landmark rulings yesterday from the ATO effective July 1 2010.

National Australia Bank (NAB) and Australia and New Zealand Bank (ANZ) held secret talks in 2008 to merge, but plans were scuttled by the Federal Government The Australian reports.

MLC is launching a series of workshops next week to help financial advisers make the transition to a fee-for-advice business model.

Payroll tax and stamp duty changes are demanded in NSW’s Budget next Tuesday in order to return NSW business competitiveness and encourage employment, says accounting firm BDO.

St.George Bank has won the Banking Website of the Year award in in Money Magazine’s 2010 Consumer Finance Awards, with the Bank also launching an iPad Internet Banking App this week.

Money Magazine has awarded National Australia Bank (NAB) the 2010 Socially Responsible Bank of the Year in the 2010 Consumer Finance Awards.

The Reserve Bank of Australia has left official interest rates unchanged at 4.5 percent after its June board meeting, but how long before we see another change?

Artis Group, announced today that it has acquired IT services firm Help Base as part of its strategy to rapidly expand its managed services business lines with acquisition and organic growth.

Commonwealth bank has jumped on the iPad Internet Banking bandwagon and announced their NetBank service is fully compatible with the iPad.

Commonwealth Bank has won the coveted Established Business Award as part of the 2010 Reconciliation Awards for Business at an awards ceremony in Brisbane.

Commonwealth Bank has increased its small business lending at ten times the rate of competitors, with loans to small business totaling $25 billion The Australian reports.

Australia Post will increase the costs of postage stamps to 60 cents, with the Australian Competition and Consumer Commission (ACCC) not objecting to the increase.