Quick tips | RBA announcement | Recent questions | Should you change accountants | What to consider when fixing your interest rate
simplyaskit | October 02, 2018
Quick tips from the popular topics on simplyaskit
2 October 2018 – The Reserve Bank October Decision
In their monthly board meeting, the Reserve Bank of Australia (RBA) announced that it has held the official cash rate at 1.5 per cent.
For further assessment of their decision and the Australian economy here is an interesting read from Domain Economist Trent Wiltshire – click here
Most recent questions
Penny from Dandenong, Victoria
We operate a transport business and have been using ABM accounting software for many years. Finding it very manually reliant and our accountant had said their moving all their clients across to Xero but we would like to get some opinions on how they find Xero , MYOB, Quickbooks or others – thank you
Click to see what the experts have to say
Mark from Hamilton NSW
Is now a good time to be fixing my home loan rate? 2 or 3 years? .... and are there fixed loan where you can still make extra repayments - current rate 3.87% thanks
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Michelle from Kingswood NSW
Hi I am considering buying 1 bedroom apartment as first home buyer in Sydney west and rent it out after 6 months as I will be away. I have 5% deposit. How secure is to go into property market now as its cooled down maybe I can be bankrupt and not find tenants.
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Should you change your accountant? Blog by Anuraaag Agarwal
The client-accountant relationship is said to be one of the most ‘stickiest’ of all relationships.
And by ‘stickiest’, I mean very strong and often very difficult to break.
After all, the accountant is and has been deeply involved in all aspects of you finances (personal or business), and knows the ins and outs of your dealings.
However, as hard as it may seem to fire your current accountant, the hiring of one is one of the most hastily-made decisions that small business owners make.
Too many times, they choose the accountant that already does the personal taxes for the owner and not one that knows their industry or even fits well within their company
Mortgage Broker Tim Russell shares a video on what you need to consider before you fix your home loan