March Newsletter
“Change is inevitable – except from a vending machine.” Robert C. Gallagher
With a new decade comes new changes. The naughties will be remembered for many changes to the way we live life and do business including – the HIH and Enron Scandals, the Iraq and Afghan wars, Goods and Services Tax, Generation Y, the Global Financial Crisis, Technology, Social Media etc. So what changes can we predict for the new decade? Sticking to what we know best, we know the Henry Report will soon be knocking on our door.
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Talkin' bout my generation
With more and more baby boomers moving out of the work force and Generation X juggling work and family, the reliance on Generation Y in the workplace has never been higher. With this comes the challenge of attracting the best young workers to your business and the even bigger challenge of retaining them.
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Self Managed Superannuation Fund Borrowing - lock in the benefits now!
The Government’s Cooper review is currently assessing Australia’s superannuation system, including the suitability of borrowing in Self Managed Superannuation Funds (SMSF). If you are thinking about undertaking a borrowing arrangement in your SMSF, now may be the time to implement it.
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Industrial Relations - Unfair Dismissal Laws - At what point can the line be drawn
Employers today face a tangled web of dilemmas – legislation for superannuation guarantee, Pay As You Go Withholding, legislation for Occupational Health and Safety, unfair dismissal laws, Fair Work Australia requirements. To ensure compliance with these laws, employers must consistently familiarise themselves with the changes and updates of the law, with little or no guidance. Employers are placed in a position of professional judgement to abide by these laws – and should be entitled to enforce them.
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Paying your ATO accounts by credit card
The ATO is trialling payment by credit card for all taxation liabilities. Initially, payments between $10 and $10,000 will be accepted.
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Engaging Team Members & Customers to Create & Experience Excellence Together
In recent times mta optima has been working with Jeremy Scrivens of “The Emotional Economy” who specialises in – helping businesses engage more of their people. Research shows that emotionally engaged people at work are four times more productive than people who are only engaged rationally. The problem is that our business owners and managers don’t know these "brutal facts", even less how to engage their people emotionally at work.
By using state of the art but proven individual, team and organisation emotional engagement technologies of Appreciative Inquiry, Business DNA and Trimetrix he is able to transform conversations and business results. See how such techniques transformed the Big Mountain Shire Council. Click on the link below>Local Government>The Big Mountain Shire.
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SMSF in pension MUST meet minimum repayments
Under the current super rules once a super fund member commences an account-based pension there are minimum amounts which must be paid out to the member each year. The minimum amount is calculated as a percentage of the individual members account balance as at 1 July based on their ages as follows:
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Income Protection: How would you survive?
Have you ever wondered what would happen to you and your family if you were suddenly struck down with illness or were in an unexpected accident and couldn’t physically work? If you were unable to earn an income, what would you do for money? Sure, you may have some sick days up your sleeve but when they run out, then what?
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Happy Easter from all the staff at mta optima
All the staff from mta optima would like to wish you and your family a very happy and safe Easter. If you are travelling on the roads please take care.
OfficeHours:
Closed at 5.00pm on the 1 April 2010. Re-open at 8.30am on the 6 April 2010.
For any urgent enquires please call 0419 333 799.
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