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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


Click to see what the experts have to say


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.


Click to see what the experts have to say


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


Read more


Mortgage Broker Tim Russell shares a video on what you need to consider before you fix your home loan




 


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simplyaskit

Business Advisor
www.simplyaskit.com.au
North Sydney, New South Wales
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