Archive for March, 2023
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Business Finance
Director Penalty Notices (DPN) A DPN is a demand that makes the director of the business personally liable for outstanding tax amounts. This means that The ATO has extensive powers […]
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Borrower’s Living Expenses
Borrowers should be mindful of their Household Monthly Expenses (HMEs). Th HME is heavily scrutinised by the lenders and living expenses must be realistic and fall within the HME’s parameters. […]
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Reform in Aged Care
The government announced in October 2022 that residential aged care facilities would be moving to a new funding model. This new model is called Australian National Aged Care Classification, or […]