What Are ‘Growth’ And ‘Defensive’ Assets And Investments?
Defined: ‘Growth’ And ‘Defensive’ Assets And Investments. Generally speaking, growth assets are higher risk and higher reward investments. Defensive assets are lower-risk lower-reward.
The Difference Between Cash And Accrual Accounting
While cash accounting might “make more sense” for a very small business or one that is just starting out, once the business starts to grow an accountant can help you take care of the rules under accrual accounting — and may even help you minimise your tax bill!
What’s Your Number?
Instead of getting overwhelmed about financial milestones and goals, use a trick from weight loss experts and think in terms of systems.
What is a bond?
In finance, a bond is a contract between a business which needs money (e.g. to fund their growth) and an investor who wants to receive an income stream plus their cash back in time.
What is Return on Equity (ROE)?
Return on Equity or ROE is a financial measure which tells you how much profit is being generated for every dollar investors have contributed.
When and Why Do Companies ‘Go Public’?
When and why do companies go public or launch an IPO?
How do Share Broking Accounts Work?
Think of share broking accounts as the lovechild of an auction site like Ebay and your online or internet banking.
What is Capital Gains Tax (CGT)?
Capital Gains Tax or CGT is a tax that is paid when you sell an investment or asset for more than it cost to buy it.
Australian Personal Tax Rates Explained
Australian Marginal Tax Rates Explained. In Australia, more income tax is paid for every dollar you earn, less your allowable tax deduction.
Medicare Levy & Medicare Levy Surcharge Explained
Medicare Levy & Medicare Levy Surcharge Explained. To have access to a great public healthcare system, most Australian residents pay the Medicare Levy, which is 2% of taxable income.
What is negative gearing?
Negative gearing is a strategy used by people to grow the value of their investment while keeping their tax as low as possible. Investors use negative gearing because the interest repayments on loans are typically tax deductible against their personal income.
What is the ATO and what do they do?
The ATO is Australia’s Tax Office.