Latest News and Review
What the U.S Rate Cuts might mean to Australia
The impact of U.S. interest rate cuts and the likelihood of a recession can significantly influence Australia’s economy. Here’s a breakdown of both aspects: Impact
Federal Budget 2024
My first comments are those involving inflation. Inflation is triggered by too much money being pumped into the economy whereby goods and services are in
Federal Budget 2023
What’s in it for you? First of all, there is not much good news. In fact, note, most of us in the small to medium
The Federal Budget and What It Means To You
Tax cuts for most workers will be of great benefit to the Cairns economy. The Federal budget is designed to put more money in your
Small Business Loan Article 3
Small business often has an issue in trying to raise capital to finance expansion for equipment or simply to provide cash flow in the development
Small Business and the Business Plan Article 2
Your business needs a business plan to make you think through the consequences of the actual operations including the cash flow. Your business plan comprises
Your Small Business Article 1
Many people assume that when you have your own business you will make a lot of money. Generally in small business, you will need to
Trading Companies
How often do you hear that “I’ve got a company and I’m saving tax”? This sounds intriguing that people think, by having company, they going
Tax Tips
Preparing your own tax return might seem to be a cheap way for filing your income tax claims. Tax agents (accountants who have the licence
Economic Factors that affect your Business
How does economics affect your business? That might seem a rather interesting question and it does affect your business. If you think that federal or
Answer to Question by Patti
I have a question for Dr Ray Hamey. Do banks really take any notice of business plans or just real estate security? My response: That’s
Business Structure
There are a number of ways to organise your business structure. Many tradespeople become subcontractors and simply work for themselves. These contractors for example, are
Taxation System-Overview
Tax is a very boring or interesting topic depending on your perspective. The tax system is designed to collect money from you and when you
Answer to Question by Patti
I have a question for Dr Ray Hamey. Do banks really take any notice of business plans or just real estate security? My response: That’s
Small Business Loan
Small business often has an issue in trying to raise capital to finance expansion for equipment or simply to provide cash flow in the development
Answer to Question by Rail
The question asked by Rail is extremely interesting and complex. First of all, depends whether you are establishing a new business or you are purchasing
Crypto-Currency – Trader or Passive Investor?
Crypto-currency trading needs to be accounted for in your income tax return. The taxpayer needs to account for the profit (gain) or loss in your
Sierra has a new home on the web
Sierra Accounting and Consulting Pty Ltd has a new home on the web. Make sure that you keep checking out our site and our social media,