fbpx Skip to content

BAGGETTA & cO

Articles

Baggetta & Co understand that the world of Accounting and Finance can be a tricky place to navigate. So we have created a blog to help educate and update YOU on whats happening in the world of Accounting and Finance.

2021 - A List of lists regarding the Macro Investment Outlook

Key Points: 2020 turned out far better for investors than was feared. 2021 is expected to provide solid returns and see a further rotation from pandemic winners to cyclical investments.

READ MORE
Review of 2020 - Outlook for 2021

Key Points 2020 was dominated by the Coronavirus pandemic but shares saw okay returns on the back of policy stimulus and vaccine optimism, resulting in constrained but positive returns for…

READ MORE
A Joe Biden Presidency: Implications for Investors and Australia

Key points The US election has been close and final counting as well as legal challenges could still upset the result, but the now highly likely outcome is a Biden…

READ MORE
Six steps to building good financial habits

The financial impact of COVID-19 has forced many households to review their finances, rein in spending and consider tighter budgets. If you’re facing challenges, here are some steps that can help in establishing good financial habits.

READ MORE
How to make a financial plan

In today’s environment it’s never been more important to have a financial plan. A financial plan is a type of structured ‘roadmap’ that helps to set out your future goals and strategies to help achieve them. It also takes into account any adverse risks that may affect you financially, such as loss of income, illness or injury. Here are some tips to get you started.

READ MORE
Five things to consider when saving for a house deposit

Owning your home is often considered the great Australian dream. But for many, it can feel out of reach. Before you can step onto the property ladder and buy your first home, you’ll likely have to do some serious saving to build up a deposit. Here are some things to consider that can help get you started, and on the road to home ownership sooner.

READ MORE
Where do we stand with our finances since COVID hit?

Everyone in Australia has been affected by the COVID pandemic to some degree. With disruption to our work and social lives, it’s one of the biggest changes many of us have ever faced. But what has it meant for our money and financial wellbeing?

READ MORE
Aussie’s saving for a rainy day instead of a holiday

Not many people can say they’ve been unaffected by COVID-19. Whether you’ve lost work, had hours reduced or been fortunate to maintain employment, COVID has been a wake-up call for how we manage our money and set financial goals. Whatever your situation, now could be an ideal time to revisit your financial goals and decide if they’re still right for you.

READ MORE
APRA reveals $34.4bn super early release

Over $34.4bn has been released from Australian Superannuation Funds under the COVID-19 early release scheme, the Australian Prudential Regulation Authority revealed. The figures, which do not include self-managed super funds,…

READ MORE
JobKeeper clawback begins

At the recent Senate Estimates hearing, Jeremy Hirschhorn, the ATO’s Second Commissioner, stated that $120 million in JobKeeper payments had been clawed back from those either deliberately seeking to rort…

READ MORE
Refunds for Tax Losses

If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.   In the 2020-21 Federal Budget, the Government…

READ MORE
Tax deductions for investing in your business

Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of…

READ MORE
JobMaker Hiring Credits: What We Know So Far

We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and…

READ MORE
Federal Budget 2020 - What it means for you

The Federal Treasurer Josh Frydenberg has handed down the 2020 Federal Budget. As widely anticipated the government will bring forward personal income tax cuts already legislated. A range of taxation…

READ MORE
What to do next if you’re facing redundancy

Uncertainty around COVID-19 might be increasing your stress levels about losing your job, but here are five ways to soften the financial blow. In April, Australia hit its highest unemployment…

READ MORE