Owning a house has long since been an Australian dream. The process was the same; rent at first, save for a deposit then jump into ownership at the earliest. This way of life made for a predictable housing pattern. Nowadays, however, behaviours have changed, especially in Western Australia. A need for lifestyle flexibility, difficulties in saving for a home deposit and a lack of confidence in the housing market has led some to become long-term tenants instead of homeowners. (more…)
Fancy dining experiences and black-tie functions seem to be somewhat becoming a trend in fundraising lately. However, does that extravagance hurt the cause more than it helps? With several charities taking this approach, it is increasingly coming under scrutiny and becoming much criticised. People have more than often voiced disappointment over such classy evenings being nothing more than another stunt for corporate profiling.
Fortuna Accountants & Business Advisors along with Fortuna Legal combined to successfully object to an amended assessment issued by the ATO which sought to impose additional tax, penalties and loss denials on a restaurant group of over $500,000.
Every working Australian has it, we all need it, but not all of us take the time to think about exactly what is happening with our money.
When considering a home loan, you need to decide on the type of loan to apply for. Because of their flexibility and low rates when compared to other types of mortgage products, many people opt for variable loans. So, what are these variable home loans all about – is this type of loan right for you?
At Fortuna we believe in providing exceptional results through commitment and accountability. To see this belief appreciated by our clients and all who support us is truly humbling for everyone in Fortuna.
Considering that Australia has a comparatively high percentage of people who are currently aspiring to start their own business over the next 5 years, this topic is highly contemporary and one much sought after.
One is correct in assuming that most successful businesses have a robust plan and thus, as a first set of action, one should put their thoughts down on paper. A Business Plan provides clarity and direction and is result of extensive research. However, that is for another day. (more…)
Many businesses have yet again fallen prey to cyber-criminals with a new scam that has fooled them into losing millions of dollars. The latest scam concerns fake invoices that are made to look as realistic as possible, sent from a legitimate-looking email address and showcasing many of the signs of real invoices.
The critical objective of estate planning is to ensure that the right people get your assets after you pass away. Traditionally this is done via a Will; however, it is now common for a third or more of a family’s wealth to be in superannuation, which is not automatically covered by your will.
Meet Skewie. Yesterday, we had dinner with our friend, Skewie.
He is a mid-aged guy with four grown-up kids. When he found that his beloved was cheating on him, he decided to leave home. He has been homeless from nearly four years now and can pretty much always be found near IGA at Leederville. “She is their mother…I have never told my children and I don’t intend to”…