by Michael Coombes | Mar 11, 2022 | Business Finance, Buying a Business
Buying a business can be a great way to secure an established revenue stream while skipping the turbulence that comes with launching from scratch. While buying a business can fast-track your way to becoming your own boss, it’s essential to remember the purchase...
by Michael Coombes | Jan 31, 2022 | Business Finance
With the State Government’s recent announcement that the long-awaited February 5th border reopening will not proceed, Western Australians continue the anxious wait for a return to normalcy. Although Covid-19 cases have been kept low and the state’s economy remained...
by Michael Coombes | Dec 7, 2021 | Business Finance
Open banking started in mid-2020, requiring major Australian banks to make your data available to you upon request. Despite plenty to gain from open banking, including a lessening of paperwork and greater transparency, there are traps for the unwary, given lenders...
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...