Blog – Maddern Financial Advisers

Be ahead of the news in accounting, private wealth and finance

Economy recovery

Timing the economic reboot

Team Maddern
29/Jun/2020
After successfully navigating our initial response to the COVID-19 (coronavirus) health crisis, backed up with $285 billion in government support to individuals and businesses to keep the economy ticking over, thoughts are turning to how to get the economy back on its feet.
Boost - launch

Could your business do with a cash flow boost?

Team Maddern
21/Jun/2020
The two cash flow boosts provided by the federal government to help businesses deal with the COVID-19 emergency have largely been overshadowed by the JobKeeper program, but they could provide valuable financial support to organisations that qualify.
Taxes

Your End of Financial Year Checklist

Team Maddern
15/Jun/2020
It always takes some planning to get your finances in order for the end of financial year, and this year may look a little different, come June 30. The COVID-19 pandemic may have impacted your circumstances and therefore your situation could be looking different to normal.
Tax
Tax time

How COVID-19 changes tax time

Team Maddern
06/Jun/2020
As this financial year draws to a close, it will be viewed as a year like no other. COVID-19 (coronavirus) has impacted everybody’s life, albeit in different ways for different people.
Leaders

Leadership through challenging times

Team Maddern
30/May/2020
As all leaders can attest to, no leadership role is smooth sailing. There will inevitably be the occasional storm coming over the horizon, with different challenges you need to respond to.
Grocery store shopping

Time to reassess your financial priorities

Team Maddern
23/May/2020
t a time of uncertainty about the economy, not to mention unexpected social isolation, people are rethinking their personal and financial priorities. Whether you are spending less by necessity or because you are living more simply at home, this could be a good time to reassess your spending and review your household budget.
working from home

Calculating your working from home deductions. New tax shortcut!

Team Maddern
16/May/2020
With many people now working from home because of COVID-19, some of the expenses your employer normally covers – such as electricity, heating and cooling – are coming out of your pocket instead.
Thinking man

Helping you to navigate unchartered territory

Team Maddern
10/May/2020
The coronavirus pandemic has resulted in dramatic and unprecedented changes for many families and households, impacting social lives, workplaces and finances. As financial advisers, we are responding to the unfolding crisis to assist our clients to manage the financial repercussions. From looking at how the Government’s measures will impact your finances, to developing a plan to assist you to be positioned in the best possible way to make it through this period, we can provide support when it’s needed most.
Super fund

Is your super fund balanced?

Team Maddern
04/May/2020
The recent sell-off on global sharemarkets due to the economic impact of COVID-19 has highlighted the risks of depending too heavily on a single asset class. Even before the current crisis, the ATO was concerned about a minority of self-managed superannuation funds (SMSFs) with up to 90 per cent of their money in a single asset class.
Small business

Temporary relief for financially distressed businesses

Team Maddern
13/Apr/2020
The coronavirus is first and foremost a health crisis, but as measures are being taken to reduce the spread of the virus throughout the community, many profitable businesses may temporarily suffer financial hardships.