Tax planning - Should we just pay the tax
The late Kerry Packer is often quoted as boldly declaring before Australian Federal Parliament that anyone who doesn't minimize their tax...
Australian Election wash up
Having written about my view of the world prior to the election, it is probably only complete to write my version of what happened. ...
Managing Cashflow
Cashflow is a fundamental item for any business, any family and any government to manage. Warren Buffet once said that there seems to be...
Accounting in 2020
Some years ago I attended a PD run by Rob Nixon. At the time Rob was at the forefront of warning accountants that their history was over...
Fun and Games
I received today a letter from the Tax Institute that was sent to the honourable Bill Shorten MP - leader of the ALP. I won't reproduce...
Musings on Leadership
A perennial question that comes up is leadership - what is it and how do we encourage our children to become better at it? I think it is...
Budgeting and benchmarking your business - The Why
It is a cliche to say that you need to conceive to achieve. Setting goals is the first step toward achieving them. Perennial goal...
Back to Back
Coaching kids is at times challenging but at other times amazingly fulfilling. the 2019 Grand Final of my kids cricket v another local...
Is a rate cut imminent
There has been growing speculation around whether the Reserve Bank will cut rates to stimulate growth following a downturn in the housing...
Air BnB How do they work for tax
This question has arisen a few times recently with the ease and steady uptake of the Airbnb sharing process taking hold. Essentially, I...
What Now - Banking Royal Commission
In scenes reminiscent of 1 January 2000 in the IT world, the financial world awoke this morning with a feeling of Y2K, what Y2K? The...
Beware Quad Bike Users
Reproduced from National Farmers Federation for safety purposes. A recent district court decision has ruled that quad bikes, without...
One wonders if the best interests of clients is still considered relevant?
https://smsmagazine.com.au/news/2019/01/22/govt-unlikely-to-bring-back-accountants-exemption/ Accountants calling for the reinstatement...
What's mine is mine and what's yours is mine.... with a twist
https://www.abc.net.au/news/2019-01-21/what-is-mine-is-yours-until-taxes-do-us-part/10726020?section=business This link is fascinating as...
What was old is new again
I was recently given the privilege of reading the life and times of a respected client who had run his own business for 50 years. I have...
Calendar of Recharging
In today's busyness which we all read about regularly, it is important to have a quiver of recharging tools in your back pocket to pull...
Residential Rental Property depreciation Technical reading
Residential Rental Properties: The New Depreciation Rules Aug 23, 2018 | News, properties, Taxes This one is from Tax Banter and is a...
What is new in 2019
Sourced from abc.net.au From January 1, the 10 per cent tax on tampons and pads will be no longer. The items to be made exempt include:...
The principles of batting
The difficulties experienced by the Australian batting line up in Melbourne in the boxing day test match at one end of the spectrum, and...

Discover Clinton Peake
Random thoughts across a number of categories
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