Blog – Maddern Financial Advisers

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

Small business - tax

Is your business financially fit?

Team Maddern
24/Jun/2019
The secret to a successful business is to make sure you are not just working IN your business but that you are also working ON your business. As the end of the financial year approaches, there’s no better time to give your business a financial fitness check. Of course, the best policy is to continually monitor how your business is faring throughout the year. But if you’ve been caught up in the day-to-day management then now is a good time to get back on track because you will be looking at your figures for tax time anyway.

Keeping up with the Joneses: Is it holding you back?

Team Maddern
03/Jun/2019
These days, the phenomenon of keeping up with the Joneses is more pervasive than ever. The constant bombardment of images from advertisers, as well as our friends and family via social media is making Australians feel pressured to maintain a certain lifestyle, often to the detriment of their long-term financial goals. In fact, new research reveals that over a third of Australians feel burdened by the pressure to keep up appearances.i

Decoding real estate agent speak

Team Maddern
03/Feb/2019
First-home buyers (and even second- and third-home buyers) are often baffled by the jargon used by real estate industry professionals. This can result in expensive misunderstandings unless you take the time to learn the lingo. Here are some frequently misunderstood terms and concepts you should familiarise yourself with before you begin searching for your dream home.
Website and tax

Tax and your website: What can you claim?

Team Maddern
28/Jan/2019
Most small businesses and independent contractors have a website these days. If you are planning to launch a new website or refreshing an existing one, it’s important to understand the tax implications. As with all things tax, it’s not always easy.

Small financial steps add up

Team Maddern
21/Jan/2019
Sometimes, when thinking about your long-term financial goals, they can seem so big as to be insurmountable. But the truth is, those that achieve financial success don’t usually do so by encountering a sudden windfall. Rather, they have in place a set of small habits that allow them to work towards their dreams. And by investing small amounts over the long-term, they see big outcomes.
Finance

Financial rules to live by in 2019

Team Maddern
14/Jan/2019
Australia has enjoyed almost three decades of economic sunshine. But it’s worth remembering that dark clouds can appear without warning over both individuals and economies. You may have little control over being caught up in a round of redundancies or experiencing the fallout of an international trade war. But you can choose to manage your finances in a way that lets you keep your head above water come what may.
Financial Safety Net

Cast your financial safety net

Team Maddern
09/Jan/2019
Along with diet and exercise, getting ahead financially makes it onto many wish lists year in and year out. But a brighter financial future is likely to remain a pipe dream without a back-up if things don’t go to plan.

Is your dream retirement in reach?

Team Maddern
17/Dec/2018
Planning your dream retirement can be an exciting time. The chance to travel overseas or around Australia without having to rush back to work, time to pursue new hobbies, learn a language or spend time with the grandkids. The possibilities are endless, but what will it cost?
Dennis IFAAA Symposium 2018

IFAAA Symposium 2018

Team Maddern
11/Dec/2018
In October this year, Dennis attended and participated in a panel at the IFAAA Symposium in Canberra.
Online retail growth

Keep your cash flowing

Team Maddern
09/Dec/2018
As we head into the Christmas holiday season you are most likely looking forward to some relaxing times ahead, but one thing that should not be taking a break is your cash flow. Invariably there will be a blowout in your personal spending over the Christmas period on food, presents and holidays, while the normal household bills keep rolling in. It’s much the same for businesses. It can be all too easy in the busy lead-up to Christmas to let chasing bad debts and invoicing clients take a back seat. But if you don’t act now, you may not see any cash until February. Meanwhile your regular bills will still be coming in and wages will also need to be paid. So what can you do to make the holiday season financially stress free?