Latest News
Commercialisation Grant Accepting Applications
09th March 2010
The government’s Commercialisation Australia grant is now accepting applications. Although economic
concerns may have overshadowed the scheme’s commencement in January, businesses are rapidly starting to
take notice of this opportunity now that 2010 is well underway.
The grant is filling the void of the
Commercial Ready program that was cancelled... more
02nd March 2010
A media release was issued at 2:30pm to announce that the Reserve Bank of Australia has raised the cash rate
by 25 basis points to make it 4%.
This change will be effective tomorrow, March 3rd 2010.
Several
factors contributed to the board’s judgment to increase rates:
... more
02nd March 2010
The Reserve Bank Board meeting will be held today at 2:30 pm AEST in Sydney. To raise or not to raise
interest rates is the question Australia will be waiting for.
Check back to the Morris Finance News section
for any updates and outcomes of the meeting. more
Important Accounting Dates for March
01st March 2010
As promised, Morris Finance will continue to post monthly accounting dates to help keep your business
compliant.
March 2010
21 Mar 10*
Activity Statements
February 2010 monthly activity statements:
final date for lodgment and payment.
31 Mar 10
Income tax
Income tax return and payment for
superannuation funds with total income in excess... more
15th February 2010
Many people underestimate the financial resources available for Australian businesses. There are state and
federal grants for all industry sectors; you just need to find them!
We have listed some that may peak your
interest, but you can do an easy search online using the government’s thorough Grant Finder
Tool.
Apprenticeships
The government... more
15th February 2010
The post-festive season is upon us, and it doesn’t come bearing gifts. During the three months
following Christmas, businesses often experience delayed payments and a strained cashflow, leading to 1095
insolvencies in March of last year.
Unfortunately, there is no single factor to blame. With summer
holidays, absences of key... more
08th February 2010
The Australian Tax office published a media release on December 22nd 2009 regarding Sham Mortgage
Arrangements. This may be especially relevant now during the financially tight post-Christmas months. Since
mortgage repayments are a significant financial burden, scams that promise to help pay them off faster can be
very attractive.
ATO advises... more
08th February 2010
Last week, the Australian Bureau of Statistics released the seasonally adjusted data for 2009 car sales.
The figures show that sale of new cars rose by 3.3% with a total 89,741 vehicles sold. Toyota had the highest
sales last year, while the Holden Commodore remained the most popular car for... more
Interest Rates to Remain at 3.75 %
02nd February 2010
The Reserve Bank of Australia has kept interest rates on hold at 3.75 percent today, delivering surprise
relief for cash-strapped homeowners.
The RBA had been widely expected to hike rates by 0.25 percent -
which would have piled an extra $60 on to the monthly mortgage repayment bill for variable... more
Important Accounting Dates for February
01st February 2010
As a convenience to our clients and site visitors, Morris Finance will be posting upcoming ATO Lodgement
Dates at the start of each month. Check back for updates on these and other important news.
February
2010
21 Feb 10*
Activity statements
January 2010 monthly activity statements: final date for lodgment
and payment.
28 Feb 10*
Superannuation
Superannuation... more
Morris Finance Cinquante Wins Sydney 38 Championship at Audi Victoria Week
27th January 2010
The skipper and crew of defending champion Cinquante went out on Corio Bay today determined to hang on to
their narrow points lead in the Morris Finance Sydney 38 One Design Series at Audi Victoria Week.
'We were
three points up on Another Challenge this morning and we needed to... more
25th January 2010
The new Morris Finance Holden Utes are out and about.
Don’t hesitate to approach them – they
won’t bite, or try to sell you anything!
They are branded vehicles used to promote our corporate
image up and down the eastern seaboard of Australia - most of our business is down... more
Morris Finance Signs on for 2010 Audi Victoria Week
22nd January 2010
Morris Finance Ltd has signed on as Class Sponsor and Event Partner for the 2010 Audi Victoria week. The
event commences in Geelong, Victoria at the Royal Geelong Yacht Club on the 23rd of January
2010.
Audi Victoria Week is Australia's largest sailing event, first being held in 1844 and officially... more
Making 'Cents' of Economic Data
15th January 2010
As promised, we are following up on the release of several economic indicators. Australian Industries Group,
the Bureau of Statistics and Census Australia released performance reports for manufacturing, trades and
services, and well as new building approval data and home sales figures.
Below is a brief summary of the
indicators:
(For more... more
07th January 2010
The holidays give us all a chance to rest and relax, and get a fresh start to the New Year. The government is
already running full steam with several big announcements and reports due to come out next week.
We’re giving you the heads up on these important dates, so... more
25th December 2009
The Management and Staff at Morris Finance would like to wish you and your family a Happy and Safe Christmas
Day.
We extend our best wishes to you for the Holiday Season, and the upcoming New Year.
Morris Finance
Ltd is excited about a bigger and brighter 2010, and we look forward... more
It's business as usual this festive season at MFL
21st December 2009
It's business as usual this Christmas / New Year at Morris Finance Ltd.
Morris Finance Ltd will be open
for business as usual on all days over the festive season apart from the normal public holidays.
If you
need a quote for new plant and equipment or you would like to make... more
MFL signs on as Event Sponsor for RGYC World Championships
15th December 2009
The recent visit by Tiger Woods is soon to be overshadowed by Australia’s own Vanessa Dudley. With a
sailing debut at the young age of 9, Vanessa has grown to conquer some impressive sailing
challenges:
• Skipped 18 ft Skiffs on the Grand Prix Circuit
• Sailed 94 ft catamarans across
the Atlantic
• Raced in... more
Mid Year Forecast: What it means to you.
11th December 2009
Last month, the Federal Government released its mid-year Economical and Fiscal Forecast with some changes in
comparison to the outlook earlier this year. Treasurer Wayne Swan commented that the economy is now predicted
to grow 1.5% in 2010 and 2.75% in 2011, as opposed to previous estimate of 0.5%.
Some predicted... more
Morris Finance Ltd Annual Dinner
02nd December 2009
The 2009 Morris Finance Ltd Annual Dinner has been deemed a success. Held at the Sheraton Geelong on the
28th of November the event was attended by 130 clients and associates.
The guests were kept entertained
throughout the night with Simon Madden acting as the MC - introducing, interviewing and getting a
laugh... more
Three Benefits of the Governments 50% Investment Allowance
30th November 2009
With one month left before the goverment's 50% depreciation grant runs out, you've probably already purchased
your vehicle or equipment, or have decided on what you will purchase.
If you're still unsure, the below
example may spark and idea as to how this tax break can help you and your business... more
Christmas Trading Hours Dec / Jan 2010
23rd November 2009
It's business as usual this Christmas / New Year.
Morris Finance Ltd will be open for business as usual on
all days over the festive season apart from the normal public holidays.
If you need a quote for new plant
and equipment or you would like to make an arrangement with our... more
Can Spending Now Lead to Saving?
18th November 2009
Tips that keep your best interest at heart.
The recent gloom of our economy is clearing with consumers and
businesses alike anxiously anticipating a fresh and bright economic climate to emerge in the coming months.
Morris Finance has derived some useful tactics to help our clients take advantage of this dynamic... more
02nd November 2009
You have searched around for some time looking for a piece of equipment or a motor vehicle for your business.
When you have finally found the perfect item, and arrange the finance, there is always some holdup. It
generally takes a week to get approval and then additional time to... more
Investing is a Serious Business!
02nd November 2009
Investing your hard earned funds is a serious business. If you build up funds for an investment through hard
work, or if you are lucky enough acquire funds through other means, the last thing you want is to loose them
in a shaky investment.
Firstly, following your investment you want... more
29th October 2009
By now most have heard about the Federal Government hand-outs to small business in the form of a 50% tax
deduction and depreciation allowance for new vehicles and equipment. What a lot of people don’t realize
is that this allowance ends on the 31st DECEMBER 2009!
If you intend to purchase... more
