Environmental consultancy case study

Easterly Point Environmental

Easterly Point Environmental is a specialist consultancy firm experienced in providing a range of environmental services to clients in the private and public sectors including assessment and management of contaminated land; contaminated land auditing, and radiation surveys and assessments.

Easterly Point EnvironmentalBased in the Northern Rivers, business owner and principal Marc Salmon is a contaminated land auditor in New South Wales and Queensland, a CEnvP site contamination specialists, and a member of the Australasian Radiation Protection Society, and was EIANZ's 2017 Environmental Practitioner of the Year. 

Marc has been working with Peter Fowler for over a decade. "Since becoming self-employed in 1998, I have worked with a number of accountants, but Peter is the first who has taken the role from 'tax advisor' to 'business advisor and strategist'. I consistently recommend people in small business/start-ups to call Peter".  Read more…

Mortgages and Lending comparison rates

What are comparison rates?

When you are researching home loans, you will always see the lender's actual interest rate followed by what is called a 'comparison rate'. Why is there a comparison rate? What is a comparison rate? And more importantly, how does it help you?

comparisonSeveral years ago the federal government thought that it was a great idea to make lenders disclose not only the actual rate that they were charging, but also what their effective (or the true cost of a loan) interest rate is. This was done to allow consumers to understand more fully what a loan would cost, and how the various lender offers compared to each other – therefore a 'comparison rate'

The issue is that when you see an advertised rate / comparison rate it is based on one single scenario – usually a loan of $150,000 over a term of 25 years. So, if your loan does not match that scenario the comparison rate is not correct for your circumstances. Your actual comparison rate may be higher or lower. A loan that seems cheaper may well not be when your individual requirements are assessed.

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Single Touch Payroll starts 1 July

Small employers transition to July's Single Touch Payroll starts now

Parliament has now passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers (those with fewer than 20 employees) from 1 July 2019. STP is payday reporting by employers to the ATO as it happens, this reporting having started 1 July 2018 for large employers (20+ employees).

JulyExtending STP to all employers will help ensure all Australians get their full superannuation entitlements, give greater transparency and help ensure a level playing field for small business. This initiative is also an important step in streamlining business reporting and keeping pace with the digital age, according to the ATO.

Moving to real-time digital reporting may be a big change for employers, especially small business, so the ATO will adopt a supportive, tailored approach to help you undertake this change:

International Womens Day

International Women's Day Friday 8 March

Has anything changed? 

Women and girls make up just over half (50.7%) of the Australian population. While women comprise roughly 47% of all employees in Australia, they take home on average $251.20 less than men each week (full-time adult ordinary earnings). 

The national gender "pay gap" is 15.3% and it has remained stuck between 15% and 19% for the past two decades.

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Your business value

Do you know how business value affects your future?

Many business owners believe it will be easy to sell their business for the price they want. 

nest eggHowever, with many more businesses for sale and fewer buyers, smart business owners do not wait and see; they take control of their own future!

Ask yourself:

  • What is my current business value?
  • What is the value needed at time of sale?
  • What are the shortfalls?
  • How long will it take to bridge the gap?
  • Can I afford to sell?

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