It's no surprise that recent MFAA data shows more Australian property seekers prefer using mortgage brokers, rather than bargaining directly with banks. Over half of Australia's new home loans in the last three months of 2018, were created by mortgage brokers. While both banks and brokers can help you find a good home loan, there are many reasons you should enlist the help of your local mortgage broker first. Why should you choose a mortgage broker over a bank? There are plenty of reasons why you should use a mortgage broker when shopping for your home loan. The idea of a stranger handling your money can be difficult, but even if your mind is set on using your bank, you can still use a broke
Don’t let workplace conflicts cost your business money! It’s not uncommon for tempers in the office to fray. People are spending a lot of time together, there can be periods of increased stress, and it can be hard to mesh different skill sets and different ways of working together. But a conflict in the office doesn’t just create a negative environment, it can have a real impact on your bottom line. AccessEAP has released data showing that close to 15% of employees seeking support say they have faced workplace conflict. Even more telling, the report says that conflicts with managers and colleagues are two of the top 10 issues facing workers. Experiencing conflict or bullying at work can lead
Single touch payroll (STP) is a new regulation that changes when and how small businesses report payroll activity to the Australian Tax Office (ATO). Businesses used to report this information to the ATO once a year. Now, they need to send a report after each payday. And those reports must be submitted digitally, using a very specific format. Changes to when you report payroll Small businesses used to finalise their payroll records at the end of the financial year and produce: a payment summary annual report for the ATO, stating how much the business had paid in salary or wages, the PAYG withheld, and some superannuation contributions they’d made a payment summary for each employee, stating
