Announcement: Damian O’Donnell appointed Director

The Principals at O’Brien Accountants & Advisors are pleased to announce the appointment of Damian O’Donnell as a Director following the successful merge with local East Ivanhoe practice, Hillard O’Donnell, late last year. The Board resolved to appoint Damian as Director at a recent Board meeting. The appointment of Damian and welcoming of the Hillard O’Donnell team enhances the expertise, depth of knowledge and specialist skills within the firm and…  Read more

SMSF Trustee Update Webinar recording

With the ATO’s renewed focus on self managed superannuation fund compliance it is important that SMSF trustees understand their obligations and responsibilities. In this webinar we discuss three key focus areas: Auditor Independence Investment Strategies Trustee Responsibilities We also share with you our solutions to assist trustees in meeting compliance obligations. Presented by Glenn Middleton, Senior Accountant and SMSF specialist, this is an important update for SMSF trustees. Download webinar…  Read more

Creating your business to-do list

When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There are an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such cases, it’s easy to push important tasks to the side and focus on less-vital activities, but that often means you miss deadlines, make mistakes or always feel as though you’re trying to catch up. Here…  Read more

Important Change for Employers: Superannuation Guarantee increasing to 10% on 1 July 2021

A Quick Overview The Superannuation Guarantee (SG) is scheduled to increase to 10% from 1 July 2021. If you have employees, you need to be ready for this legislated increase. What is Superannuation Guarantee? The Superannuation Guarantee is the minimum super an employer must pay to their employees super fund. The current SG percentage rate is 9.5% of employees Ordinary Time Earnings, but this is changing. Ordinary Time Earnings or…  Read more

Federal Budget 2021-22

On Tuesday 11 May 2021, Treasurer Josh Frydenberg handed down the 2021-22 Federal Budget, detailing how the Government intends to continue encouraging business investment and spending as Australia recovers from the COVID-19 pandemic. The Government announced a number of key expenditure measures to stimulate growth in key sectors whilst also addressing priority policy areas. With a boost to infrastructure investment, significant aged care reforms, a childcare subsidy increase, women’s economic…  Read more

Market Wrap Special Budget Edition

On Tuesday 11th May 2021, Treasurer Josh Frydenberg delivered the 2021-22 Federal Budget, which was eagerly awaited after unprecedented stimulus that occurred in the past year through the COVID-19 response measures. In the lead up to the Budget, the Treasurer flagged that this Budget would be aimed at increasing employment opportunities and laying out the next phase of Australia’s economic recovery plan. Some of the key announcements include: A $17.7…  Read more

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