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The ARW Report - Edition 19

We are pleased to bring you our February 2008 edition of the ARW Report.

With the festive season virtually over, it is time to get serious with your New Year's Resolutions. With substantial changes of both a legislative and political front in 2007, it is not too late to get your financial strategies into place for 2008. To make an appointment with your ARW consultant simply contact us.

Visit our website for more information about the various services which we can provide.

Articles from 2007 and prior editions of the ARW Report can be found here

PS If you are having trouble with accessing the articles, then click on the box at top of your email to "turn on links"

Will this year be different?

by Jon McArthur

The holidays are over but will 2008 be different financially for you? You can be sure that if you do what you did in 2007, this year will be much the same. Here are ten tips so that next Christmas you can look back with pride at your accomplishments.

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Winners and Losers with Higher Interest Rates

by Stature ARW Accounting

Reading the newspapers, it seems that everyone hates higher interest rates. There’s good reason for that. Higher interest rates are supposed to reduce our spending power. But it’s a bit like medicine – a bitter taste now to make us feel better in the future.

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Life under Labour

by Stature ARW Accounting

During last year’s election campaign, Labour strived to reassure the electorate that, in government, it would maintain the same general approach to economic policy that we’d experienced over the last 11 years. It was a key part in the new government’s electoral success.

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Outlook for 2008

by Ian Hounslow

2008 could be one of those years when emotion overrules reason as the most powerful influence on the economy. The crisis in confidence owes its origins to the sub-prime crisis in the US. The resulting housing slump and lower consumer confidence sparked fears of a US recession, with many people worrying that this could spread beyond US shores.

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Coping With Volatility

by Ian Hounslow

What a Year!
The Australian share market gave investors a bumpy ride last year. At the start of 2007 the All Ordinaries index was at 5,650. It climbed 14.3% by July, plummeted 12.2% over the following month, then put on a massive 20.9% to hit an all-time-high of 6,854 on November 1st. It closed the year at 6,421 before a miserable start to 2008.

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Problems with car fringe benefit records

by Ian Hounslow

The Tax Office has warned that some employers are using inaccurate methods in dealing with the FBT obligations resulting from providing car benefits to their employees.

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Tax tips for small business

by Stature ARW Accounting

The Tax Office has some useful tips and information to help businesses start the new year on the right foot.

There are some important things all small businesses need to remember, including good record keeping practices, meeting GST obligations, reporting, paying tax and superannuation.

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CASH FLOW – THE KEY TO SUCCESS

by Ian Hounslow

In reality, cash flow is the key to survival.

Australian Securities & Investments Commission statistics tell us that in 2004 and 2005 there was an average of 18,000 businesses that entered into external administration or insolvency. Furthermore, the Small Business Development Corporation statistics tell us that 60% of small businesses fail in the first three years of operation.

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