After reducing interest rates to assist Australia recover from the effects of the coronavirus lockdowns and border closures, the Reserve bank governor Philip Lowe reiterated in June that the bank woul...
Burnout is classified by the WHO (World Health Organisation) as a "syndrome conceptualised as resulting from chronic workplace stress that has not been successfully managed." This shows burnout is mo...
All employees have a choice to supply their employers with super fund details of their chosen choice fund, for their super guarantee obligations to be paid to. Currently, where an employee does not s...
The Morrison Government will release an additional 30,000 places to eligible applicants under the First Home Loan Deposit Scheme, the New Home Guarantee program, and the Family Home Guarantee from 1 J...
Per the legislated update superannuation guarantee on payroll paid from 1 July 2021 will attract SG of 10%. Please note that any payroll amounts paid to your employees before 30 June 2021 will still o...
Understanding where your business is at is essential to success. However, it can be extremely hard to improve your business in certain aspects especially where the areas don’t involve numbers. How do ...
Have you ever wanted to hang your boss out to dry? Not something we would normally encourage, except when it's for such a great cause! The amazing Toowoomba Hospice is holding its Hang Ya Boss Out To...
Since the inception of Bitcoin, the first cryptocurrency, in 2008 by the so-called and still ambiguous Satoshi Nakamoto the currency has increased in popularity immensely with more than 4,000 cryptocu...
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 billion), an impending election, and the need to invest in the long term. Key initiatives include: E...
MEDIA RELEASE Partnership for success Proud local financial services firm Power Tynan is excited to launch a fresh new look for the company today. Power Tynan loves to help businesses and individu...
Rent money increasingly becoming dead money With no end in sight to historically low interest rates, it is becoming increasingly more affordable to buy a house than rent in many areas. New analy...
What is JobMaker? JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs (not if you are merely replacing someone who left). The hiring credit is available...
Looking at the trend I recently attended an online seminar where Simon Sinek (the bloke who wrote “Start with Why” - terrific book and well worth reading) presented on organisations and their minds...
At Power Tynan, we see business growth as the number one opportunity for our clients, as well as one of the biggest challenges they face, coming into 2021. 2020 was an interesting year and we survived...
Earlier this year, the Power Tynan Charitable Trust pledged $1,500 to the Lachlan Hughes Foundation, and we finally got to have this presentation! Lachlan Hughes was tragically lost in an on-farm acc...
Our Leasing & Finance team are busy with applications for the popular HomeBuilder grant, as the deadline to apply for this is looming! The HomeBuilder grant provides individuals and couples with $25,...
Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cos...
An incredible year for investment markets. Starting with a recession and then ending with record positive economic growth numbers in the second half of the year with November being the best month for ...
Has your business grown over recent years and you are not sure if you are operating in the right entity? Are you worried about asset protection? Is your average tax rate higher than 26%? The Queens...