by Michael Coombes | Oct 28, 2021 | Business Finance
In August, the ATO began issuing warning letters to businesses with tax debts of more than $100,000, with a warning that if efforts were not made to manage the debt, the ATO intended to disclose their tax debt information to credit rating agencies. Certain...
by Michael Coombes | Oct 7, 2021 | Business Finance
Just this week, the banks regulator (APRA) announced that Approved Deposit-taking Institutions (ADI’s), being the banks, credit unions and building societies, are to adopt a minimum 3% p.a. buffer rate when assessing a borrower’s capacity to service a loan. Non...
by Paul Rowe | Oct 6, 2021 | Business Finance, Pharmacy
At a time when Perth and WA community pharmacies are navigating a path out of COVID-19 and beyond, I was excited to have been a guest presenter and a part of The Pharmacy WA Forum for 2021. The forum remains the leading event in the WA community pharmacy calendar and...
by Michael Coombes | Jun 22, 2021 | Business Finance
With fixed interest rates beginning to rise, now is the time to consider options on how your debt is structured, business and home. Whilst many in the finance industry will recommend assessing your debt reduction strategy every 5 years, we suggest doing so every 3...
by Paul Rowe | Jun 8, 2021 | Business Finance, Pharmacy
With Pharmaceutical Benefits Scheme (PBS) price disclosure biting into margins, there has never been a better time to review your current lending requirements, particularly as interest rates are at historical lows. Banking has never been so competitive, financiers are...
