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WA Property Market: COVID-19 and Beyond
May 6th, 2020Businesses going under, workers being stood down, and a global economic downturn – Coronavirus (COVID-19) has had a significant impact on more than just the worldwide healthcare system. While the federal and state government stimulus packages have brought relief to existing residential and commercial tenancy arrangements, the current economic slowdown is putting different pressures onread more
JobKeeper Package – What You Need to Know
April 1st, 2020The Australian Government has announced a third stimulus package, which is welcome relief for businesses and employees alike. The ‘Job Keeper’ Package will subsidise wages of $1,500 for each eligible employee (per fortnight) for a period of up to six months for all eligible businesses. In case you’ve missed out previous updates on the stimulus packages, feelread more
Stimulus Packages and the Ongoing COVID-19 Situation
March 17th, 2020Following the announcement on Friday that the federal government would be bringing in an extensive stimulus package to mitigate the economic impacts of Coronavirus (COVID-19), Western Australian Premier Mark McGowan has this morning laid out his own plans to bolster the WA economy. If you haven’t yet read our recent article on the federal stimulus,read more
Merry Christmas from MP+
December 19th, 2019The festive season is here! As the year draws to a close, the whole team at McKinley Plowman would like to wish everyone a safe and happy Christmas and New Year, and we look forward to working with you in 2020. What a year it’s been! From the MP+ foundation to regular seminars; the developmentread more
5 End of Financial Year Resolutions for your Small Business
June 27th, 2019Getting your personal finances in order at the start of the new financial year is nothing new – we even looked at that in a recent article! But what about those of us in business? Whether your 2018/19 financial year was one of your best or one of your toughest, there’s always room for improvement.read more
Running a business? It’s okay not to be great at everything…
June 11th, 2019Starting and running your own business is exciting, challenging and, at times, incredibly busy. Best of all though, it can be one of the most rewarding things you’ll ever do. A common reason for setting up a business is because a person knows that they’re really good at something, and wants the potential flexibility andread more
The ATO’s rental property crackdown – a potential audit goldmine
May 10th, 2019Do you own a rental property? Off the back of finding that the vast majority of rental property owners are making mistakes on their tax returns, the Australian Taxation Office (ATO) is now scrutinising related deductions closer than ever. This has led to the announcement of increased audit activity, in order to ensure ongoing complianceread more
Getting Started in Property Development
April 1st, 2019The dreams of a steady passive income, financial stability and a lavish retirement draw a lot of people to property investment and property development. Whether this comes in the form of subdividing the family block; purchasing an existing home and replacing it with units; or developing a multi-story apartment complex, property development can be lucrativeread more
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