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WA Property Market Update May 2024 – State Budget Edition

May 29th, 2024

Each month when we deliver our WA Property Market Update, we tend to focus on the state of play in the residential and commercial sectors, but in this May 2024 edition we’ll be taking a look at the recent State Budget. The WA State Budget was handed down by the Cook Government on 9 Mayread more

Succession Planning – Building Your Business Legacy

May 24th, 2024

As a hardworking business owner, you understand that success doesn’t come easily – it’s earned through hard work, dedication, and relentless effort. So, when it’s time to step back from your business, how do you know it is in a position to continue to thrive? That’s where succession planning comes in… Succession Planning – What’sread more

McKinley Plowman’s 2024 Tax Time Tips

May 22nd, 2024

30 June 2024 is fast approaching, and with it – tax time. While this isn’t a time of year many people get excited about, the potential for a tax refund may be something to look forward to. Also given the Stage 3 Tax Cuts are being brought into effect from 1 July, tax time mightread more

MP+ Federal Budget Update 2024-25

May 15th, 2024

The 2024-25 Federal Budget was handed down on Tuesday 14 May 2024 by Treasurer Jim Chalmers of the Albanese government. Mr Chalmers indicated a $9.3 billion surplus this financial year, following a $4 billion surplus last financial year. This is only the second consecutive budget surplus in two decades – however the likelihood is thereread more

Equipment Finance – EOFY Deductions Await!

May 9th, 2024

As the end of the financial year (EOFY) approaches, Australian business owners are presented with a strategic opportunity to enhance their operations and optimise their tax position through equipment finance. Financing new equipment or vehicles is not only a pathway to modernising and increasing the efficiency of your business but can also provide significant taxread more

Is Your SMSF Investment Strategy Sufficiently Diversified?

April 30th, 2024

When was the last time you reviewed your SMSF investment strategy? If it’s been a while, make sure you have a look – the Australian Taxation Office (ATO) went on the front foot a few years ago, sending letters to over 17,000 SMSFs that hold greater than 90% of their total investments in a singleread more

WA Property Market Update April 2024

April 29th, 2024

In April 2024, the Western Australian property market continues to grapple with affordability as a key issue, particularly within the residential and retail sectors. How can families and business owners access the right property in prime locations without breaking the bank? What are businesses up against in the retail property sector, in this world ofread more

How to Improve Profit and Cash Flow in Your Business

April 23rd, 2024

The success of a business can be measured in a number of ways however the bottom line, literally and figuratively, is profit. While longevity, public perception, and product or service quality are a few other things that factor in, the financial health of a business will always be a critical metric in determining its valueread more

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