Our Thoughts
2018 CommBank Budget Update
by CommSec
Commonwealth Bank’s Head of Global Markets Research Stephen Halmarick, Director of FX Strategy and International Economics, Elias Haddad, and CommSec Senior Economist Ryan Felsman analysed the budget, and its implications for the economy and markets in a discussion hosted by CommSec’s Tom Piotrowski. How the Budget 2018 will impact households, the sharemarket, $AUD and Australia’s credit rating?
Federal Budget 2018: ‘Plan For A Stronger Economy’
by CommSec
CommSec Chief Economist Craig James reviews the key features of the Federal Budget, including the seven–year personal income tax plan.
Tax & Legal
Sharing Economy
by ATO
The sharing economy connects buyers and sellers through a facilitator that usually operates an app or a website. If you earn extra money from sharing goods and services in this way, watch the short video to find out more. Typical examples would be Airbnb, Uber, Stayz, Air Tasker, Deliveroo and Parkhound.
Need to register or more information, please CONTACT US on (08) 8423 4578.
GST Withholding for Certain Taxable Sales of Property
by ATO
From 1 July 2018, purchasers of new residential premises or subdivisions of potential residential land will need to pay the GST component of the purchase price directly to the ATO on or before settlement.
Need more information or advices, please CONTACT US on (08) 8423 4578.
GST Registration And Property Development
by ATO
If you’re developing a property and intending to sell a property at a profit, you may need to register for GST.
Need to register or more information, please CONTACT US on (08) 8423 4578.
Single Touch Payroll
by ATO
Single Touch Payroll is a reporting change for employers with 20 or more employees.
Need more information or advices, please CONTACT US on (08) 8423 4578.
World Aspirations
The Biggest Risks Facing Cities And Some Solutions
by TED Talks
With fantastic new maps that show interactive, visual representations of urban fragility, Robert Muggah articulates an ancient but resurging idea: cities shouldn’t just be the center of economics — they should also be the foundation of our political lives. Looking around the world, from Syria to Singapore to Seoul and beyond, Muggah submits six principles for how we can build more resilient cities. “Cities are where the future happens first. They’re open, creative, dynamic, democratic, cosmopolitan, sexy,” Muggah says. “They’re the perfect antidote to reactionary nationalism.”
How The Blockchain Is Changing Money And Business
by TED Talks
What is the blockchain? If you don’t know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to demystify this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society.
China Insights
How China Is Changing Your Internet
by The New York Times
In China, a sheltered internet has given rise to a new breed of app, and American companies are taking notice. What was once known as the land of cheap rip-offs may now offer a glimpse at the future. With companies like Alibaba, WeChat, and Tencent US companies have taken notice to a new generation of Chinese technology companies.
The Future Of Good Food in China
by TED Talks
Fresh food free of chemicals and pesticides is hard to come by in China: in 2016, the Chinese government revealed half a million food safety violations in just nine months. In the absence of safe, sustainable food sources, TED Fellow Matilda Ho launched China’s first online farmers market, instituting a zero-tolerance test towards pesticides, antibiotics and hormones in food. She shares how she’s growing her platform from the ground up and bringing local, organically grown food to the families that need it.
Cloud Accounting
1 Million Subscribers Doing Beautiful Business | Xero
by Xero
One million Xero subscribers are making the world a more beautiful place. No matter where they are, one small business at a time. Want to join them?
Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup or contact us for a special offer.
Intro To Xero: Small Business Accounting Software
by Xero
Xero is beautiful accounting software that millions of people love using to run their small business. Xero runs in the cloud. It connects with your bank account so each transaction comes up quickly and matches up – like it’s magic.