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Posted in Economic
#everyoneneedsaplan When Using JobMaker Hiring Credit Incentive Scheme to Hire New Employees for New Positions
Posted by G. Dean McKinnon
on 11 November 2020
The federal government's JobMaker Hiring Credit stimulus package is to be available to eligible employers over 12 months from 7 October, 2020.
Employers can receive up to $10,400 per new employee that has been hired to fill a new position.
The key point to remember is that the position must be new, and is not applicable if the employer hires a new employee to fill an existing position in the business.
Eligible employees aged 16-29 years will receive $200 per week.
Eligible emplo...
| Posted in:EconomicTax | 0 Comments |
#Everyoneneedsaplan for the wage increase
Posted by G. Dean McKinnon
on 13 June 2018
Base rates of pay to increase by 3.5%
The Fair Work Commission has announced an increase to minimum wages after their 2018 Annual Wage Review.
The increase applies to base rates of pay and will start on 1 July 2018.
The new national minimum wage will increase to $719.20 per week (or $18.93 per hour).
What to do next:
Make sure your employee's details are current;
Make sure your employee's are classified in their correct level of exeperience, acco...
| Posted in:EconomicSocial Security | 0 Comments |
#Everyoneneedsaplan when speculating with bitcoin
Posted by G. Dean McKinnon
on 20 December 2017
What do you know about bitcoin?
Dean has a few tips to help you understand:
Bitcoin is similar to a currency (cash) and is used to pay for goods and services, usually Internet purchases;
The difference is bitcoin is not regulated by any government and therefore governments don't control the supply;
There is massive speculation that bitcoin will replace cash for purchases (specifically on the Internet) and this is fuelling the price;
Bitcoin ...
| Posted in:EconomicSuperannuationInvestment | 0 Comments |
2014 Property Values Increase 7.9%
Posted by Dean McKinnon
on 5 January 2015
A recent property report from CoreLogic RP Data has confirmed property values in capital cities has increased on average 7.9% during the 2014 calendar year.
The report also indicated the average was trending downwards, citing the 2013 calendar year average was 9.8%.
Brisbane's average was 4.8% for the 2014 calendar year.
| Posted in:Economic | 0 Comments |
Highest Capital Gain in Residential Property Since GFC
Posted by G. Dean McKinnon
on 4 September 2014
A recent RP Data report has confirmed some of the highest residential property gains since 2007 (the year before the GFC). Following are some interesting highlights of the report:
Brisbane city property increased 1.30% during the quarter - 5.40% for the year
Brisbane city has an average house price of $445,000
Brisbane city's rental income return 4.50% for houses, and 5.40% for units
Best performing capital city was Melbourne with +6.40% (but it'...
| Posted in:EconomicInvestment | 0 Comments |
