RSM Australia

Wealth insights

5 tips to reduce your mortgage debt

1 February 2017
30 years is a long time to have a mortgage. It's over half a person's working life. How can you snip years off it? Watch this video for some helpful hints around debt management you can implement today.

How the upcoming superannuation changes will impact you

31 January 2017
Superannuation changes, which take effect on 1 July could have a massive impact on workers, particularly the wealthy, and many may end up paying more tax. The news is not all bad for Australians, and there are some opportunities to make smart financial decisions now that will put you in the driver's seat for your retirement.

Liquidity a problem? Give your business a health check !!

2 December 2016
Companies relying on historically low interest rates to mask their true capacity to pay bills when they fall due, need to seriously address debt serviceability once the official cash rate starts moving higher which some will say will occur in 2017.

‘Soldiers of misfortune’ and their post-war battles

24 November 2016
Instead of ticker tape parades, too many service veterans are returning home to a life of poverty, broken marriage, welfare dependency, homelessness and potential bankruptcy, says Rod Edwards director at RSM Financial Services Australia (RSM).

Avoiding the wind-up to insolvency risk

22 November 2016
EARLY DETECTION CAN REVERSE SME EXPOSURE TO INSOLVENCY RISK Small businesses (SMEs) that have only managed to stay afloat by using their debts due to the Australian Tax Office (ATO) as a type of unofficial/unauthorised overdraft facility need to get a better handle on ‘insolvency risk’ or face going bust.

Just what is a sustainable cash flow?

21 November 2016
Many SME owners struggle to differentiate between profit and cash flow.  If asked to produce a cash flow forecast, most will revert to producing a profit forecast.  But profit and cash flow are definitely not the same. 

Managed Funds vs. Direct Shares | Part 2

27 October 2016
“I have a DIY (Do it yourself) fund, why should I use ‘managed’ funds?”

New super legislation – where do you stand?

18 October 2016
Government releases more superannuation legislation New additional proposed changes to superannuation legislation were released at the end of September as the Government amends and improves the changes they announced in the 2016 Federal Budget, prior to the election.

RevenueSA Job Accelerator Grant Scheme

30 September 2016
The South Australian Office of State Revenue (RevenueSA) has established a Job Accelerator Grant Scheme to encourage South Australian businesses to employ additional full-time, part-time and casual employees. 

New assets test threshold and your aged pension

1 September 2016
For the majority of Australia’s retirees, the Aged Pension provides income support as either a full or part pension. Eligibility is subject to both an income and assets test. These tests are set so that retirees draw down on their own assets to certain levels before they are entitled to any type of social security benefit.