Vaibhao J. Kogarah, NSW 0 Likes 0 Followers Hi, my wife and I are searching for the banks who offer 95% home loan. We are interested in the brand new apartment costing around $660000. We are employed by non-profit Govt organisation and our joint annual income is $147,000 (pre-tax). We have clean credit history (car loan finished, and no existing loan) with two daughters (2y and 8y old). Resident in Kogarah NSW 2217 for 6 years and got our Australian citizenship this year. If we are first time home buyer, what options do we have? 6 years ago
Jennifer T. Mount Waverley, VIC 1 Likes 0 Followers I am in Victoria and my baby is due end of June 2019. Is it better to take maternity pay from work at half or full pay? My work pays 10 weeks full or 20 weeks half pay. I have accrued 5 weeks of annual leave. I am only planning to be on maternity leave until there is no income. Therefore I am considering: 5 weeks annual leave (ends July), 10 weeks full work paid mat leave (ends Sept), then Govt paid leave to start in the last 2 weeks of Sept lasting until end of Jan).This is 7 months of maternity leave, I return to work in February 2020Does this arrangement work out better, or would half work pay at 20 weeks, in tandem with Govt Pay at 18 weeks work out better tax wise? 6 years ago
Ben M. Broadmeadow, NSW 1 Likes 0 Followers We are buying some equipment for the business and were told it’d be ready before end of June but there’s been a delay until mid July. We wanted to take advantage of the government $20,000 subsidy but don’t want to pay for the equipment until it arrives. If the purchase was invoiced before 30 June will that still be ok, thanks ? 6 years ago
Peter A. Brunswick, VIC 0 Likes 0 Followers Hi, I’m looking at buying a business where the distribution base is contractors. I’ve had a looking at the contractors existing agreements and there is no mention of super entitlements which is a concern for me if I take it on and find out later that there should be. The contractors aren’t employees but should the business be paying their super? 6 years ago
riley b. Bethanga, VIC 0 Likes 0 Followers How should I approach future investments?i am planning my future, and i wish to go to university in the summer of 2020. if i can save up enough money in my first 2 years i am wondering whether i should invest that money into a real estate property that i will live in, or just invest into stocks and build a larger deposit to invest later in life.the property i am interested in is a student residence, that i could mortgage for roughly $130/week and rent for $1250 month. which i could rent out while i still live with family. after uni the property would act as an investment property while i save for a larger investment property. 6 years ago
Sally M. Engadine, NSW 2 Likes 0 Followers Hi,Can someone explain franking credits and how they work? 6 years ago
Ian T. Glenelg, SA 1 Likes 0 Followers I bought a franchise a few years back and it turned into a nightmare and a 200,000 debt. I finally got out of the contract and set up a new business but I don’t seem to be able to borrow money to help it grow. There is little equity in our home and what to ask what options we might have to get finance? 6 years ago
Habib Bulut Finance Broker Sunshine North, VIC 4 Likes 2 Followers Hi I have client they are both first home buyers brother and sister. They both going to purchase owner occupied property together jointly. Can both claim first Home Owners Grant so they can use for deposit? 6 years ago
Cheryl A. Kenthurst, NSW 1 Likes 0 Followers Hi, my daughter has an Afterpay account and is always coming home with new purchases. Can someone please explain what Afterpay is and what the risks are – should we be concerned?Thank you 6 years ago
Felicity D. Elsternwick, VIC 3 Likes 0 Followers Hi,I just started as sub-contracting and want to know if I can charge travel time for visit my clients. If so, is it just travel to and from the job I’m attendingThank you 6 years ago
Tim D. Hornsby, NSW 2 Likes 0 Followers I am interest in buying a business, it is for sale for $100,000 and has been operating for 5 years. I have seen the financials as has my accountant and we are both happy. I only have $18,000 in savings and don’t own a property … is it possible to get finance to help with the purchase, I need about $85,000, thanks 6 years ago
Mario G. Haberfield, NSW 2 Likes 0 Followers Does the government tax benefit of 20,000 prior to 30 June 2019 still exist? What happens if we spend $22-23,000, is it the first $20,000 we can claim or none at all? 6 years ago
Lynne B. North Narrabeen, NSW 3 Likes 0 Followers l have just received an email from REST super stating that due to govt legislation l will automatically lose my insurance cover on 1 July 2019, unless l choose to keep it.I am not working and have not for some years.What is the best thing to do? 6 years ago
simplyaskit Business Advisor North Sydney, NSW 216 Likes 401 Followers We've come across a new Australian business doing good things in matching home owners and buyers and we thought it might be of value to many to shareThe business is NOKK and the platform can be located at https://nokk.com.au/ Click answers to view a quick video explaining how the platform works 6 years ago
Peta D. West End, QLD 0 Likes 0 Followers Hello, I want to create an online platform to help people experiencing anxiety and stress related issues. I have the professional qualifications and over time would invite other professionals to form part of the community. The question I have, is what do I need or should have to protect myself, other professional and the platform, what could we be liable for? 6 years ago
Julie V. Traveston, QLD 0 Likes 0 Followers my husband earns $110000 on investment income and we earn together in our super $70000 all before GST. (PASSIVE INCOME) what we need to know is can we register our goat hobby farm and claim some tax benefits, plus we wish to employ someone ( with experience) and want to know can we claim for the wages we pay them. thank you for your time Julie 6 years ago
Stephen A. Raworth, NSW 1 Likes 0 Followers I have a partnership with my wife but will be eligible for the age pension in 12 mths. If we close the partnership and she continues as a sole trader can I still get the pension 6 years ago
Sean H. Camden, NSW 1 Likes 1 Followers I want to get some advice on buying an investment property with my daughter. The property is about $500,000 and we will be using our home as security and borrowing 100% plus costs in both names. If after a couple of years the property appreciates and my daughter can handle the loan on her own can we gift her the property without her incurring stamp duty or capital gains tax? 6 years ago
Pip S. Paddington, QLD 1 Likes 0 Followers What is the primary measure used for asset valuation on the statement of financial position? What is the source of this measure and justification for its use? 6 years ago
Susan B. Wanganella, NSW 0 Likes 0 Followers I have been working on contract for the last two years for the NSW government, my contract is due to finish in November 2019. I am due to take maternity leave on the 1st of June. If I take half pay for 28 weeks do I still get paid that after my contract end date? 1st of June to November 1 is only 21 weeks and 6 days. Do I have any other options? 6 years ago
