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Why you should care about the new ‘Open Banking’ era

‘Open Banking’ is now officially upon us. But what does that mean and why should you care? Well, in a nutshell, it’ll be easier and quicker for you to get a better deal on banking products going forward. With all that’s going on in the world right now, it’s been interesting to see one of…

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l1st

Want to buy your first home with a 5% deposit and save up to $10,000?⁣⁣

On your marks, get set, go! The race is on for limited spots in the federal government's First Home Loan Deposit Scheme, which kicked off again on July 1.⁣⁣ ⁣⁣ The scheme allows eligible first home buyers with only a 5% deposit to purchase a property without paying for lenders mortgage insurance (LMI) – which…

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l1st

Final touches on $25,000 HomeBuilder scheme announced

The “crucial final touches” on the federal government’s $25,000 HomeBuilder scheme have been revealed. Will your build be eligible? When the federal government announced its $25,000 HomeBuilder scheme in early June the immediate reaction from many was ‘you little beauty’, quickly followed by, ‘wait... will my project even be eligible?’ It’s a question that’s lingered…

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l1st

Last chance for $150,000 instant asset write-off this financial year

Keen to buy a vehicle or another asset for your business and immediately write off the cost? You’ve got just a few days left to take advantage of the $150,000 instant asset write-off for this financial year. While the federal government recently extended the scheme to 31 December 2020, those keen to claim the deductions…

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l1st

Best Aussie suburbs to find a "renovator's dream"

Most of us have at one time dreamed of discovering a hidden little gem and renovating it into the most enviable house on the street. With the $25,000 HomeBuilder grant, those dreams are closer to becoming a reality for many. But where to look? Well, recent realestate.com.au data might have revealed the answer. They’ve analysed…

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l1st

You might be closer to your first home deposit than you think

You’ve probably heard the federal government is giving $25,000 grants to eligible Australians looking to build or substantially renovate their homes. Today we’ll look at what that means for first home buyers when combined with state and territory schemes. If you’ve been umming and ahhing about purchasing your first home for a while now, we…

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l1st

SMEs get instant asset write-off extension, but EOFY deadline looms

Great news for small business owners: the federal government has extended the $150,000 instant asset write-off to 31 December 2020, but you’ll need to act asap if you want to make use of the scheme this financial year. A few months back, just as coronavirus was ramping up in Australia, the federal government increased the…

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l1st

So, who’s eligible for the $25,000 HomeBuilder scheme?

You might have heard that the federal government will give eligible Australians $25,000 to build or substantially renovate homes as part of the new HomeBuilder scheme. Today we’ll look at who exactly can qualify for the initiative. The $680 million program, which is part of the federal government’s economic response to the coronavirus pandemic, aims…

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l1st

How the instant asset write-off applies to vehicles

Got your eye on a shiny new vehicle for your business thanks to the $150,000 instant asset write-off? We've got the answers to the FAQs many business owners are asking ahead of the looming EOFY deadline. Need a new van for that delivery service your business has started? Or perhaps your trusty old ute is…

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l1st

4 important upcoming business deadlines

Interested in a $10,000 business grant? How about buying a much-needed asset and immediately writing off the cost? Here are four looming deadlines your business may need to start moving on ASAP. We understand that navigating the challenges of COVID-19 is probably taking up your every waking hour at present (and possibly the non-waking hours,…

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