Investment Watch: Summer 2020
US earnings growth is beginning to rise again. This explains why the US market is looking a little bit better than was expected as we head into 2020. Estimates of market earnings are key inputs…
5 things that will make or break your Christmas
The countdown to Christmas is now on and we’re in the midst of the headlong rush to get everything done and capitalise on any remaining opportunities before the Christmas lull. Busy period or not, Christmas…
Super guarantee opt-out for employees with multiple employers
Employees with multiple employers can now opt-out of superannuation guarantee from all but one employer. Employers are required to pay 9.5% superannuation guarantee for all eligible employees. But what happens if you are an employee…
The Super Guarantee timing trap for employers
How employers are being caught out by the timing of superannuation guarantee payments. Employers can generally only claim a deduction for superannuation contributions in the income year in which the contribution is made. Super contributions…
Team Q&A: Ben McDonald
This month we catch up with new Lending Representative Ben McDonald, who joined PPT Capital in September. Born and bred in Ballarat, Ben talks about life at PPT, the local housing market and what keeps…
Are you paying your staff correctly?
Woolworths is the latest company to facing a fallout from the underpayment of staff. In what is believed to be the largest remediation of its kind, Woolworths have stated that they have underpaid 5,700 salaried…
Vacant land deduction changes
Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land. The amendments are not only retrospective but go beyond purely vacant land. Previously, if you…
Investment Watch: November
The way the Communist Party of China sees the world is in terms of historical progress outlined first in Marx and second in Lenin (see Morgans recent article “How the US China trade war caused…
PPT supports local start-up businesses
Getting your business up and running can be a real challenge. Acknowledging this, start-up incubator Runway Ballarat provides fledgling businesses with support to fast-track and scale growth. The Incubator Program also connects entrepreneurs with quality…
ATO sends STP warning to non-compliant employers
The Australian Taxation Office (ATO) has revealed how it is going to use Single Touch Payroll (STP) data, acting as a warning to non-compliant employers. ATO Deputy Commissioner James O’Halloran indicated that the office is…
