Tag: Finance

For most business owners, switching accountants is a painful thought. It is definitely one action which is not taken on a whim.

Choosing a bank has always been as much about convenience as getting a good deal. For decades, it’s simply been easier to throw our lot in with a big bank than to research the challengers and shift our accounts.

The Reserve Bank of Australia at it’s September board meeting today has decided to leave the cash rate unchanged at 4.5 percent.

ANZ Bank has announced an assistance package for Victoria flood victims, joining rival NAB in offering assistance in the wake of the Victorian floods.

National Australia Bank has established a package of relief measures for both business and personal banking customers who have been affected by the Victorian floods.

Many business owners currently considering selling their businesses have assumed that with the economy strengthening and credit becoming more available, banks will be more willing to lend to their potential buyers.

ClearView Wealth Limited today announced a statutory net profit after tax of $8.0 million and plans to acquire small-medium financial planning practices in South and Western Australia.

Mortgage Choice Limited today announced a 14 percent increase in net profit after tax from its nationwide franchise network of Mortgage Choice brokers.

It’s been a busy few weeks in the Azure Group offices. Unusual for most accountants, but for us, it’s a time when our tax team and accounts teams combine to work on reconciling our client’s accounts, record year-end tax journals as well as collecting and collating compliance files for our clients.

Direct Factory Outlet (DFO) will be split up store by store and sold off to repay almost $1 billion owed to banks after development of the DFO South Wharf outlet stalled when cash dried up.