LATEST NEWS
Important Accounting Dates for February
February 01, 2012
The latter half of February looks like it's... more
Latest News
Important Accounting Dates for February
01st February 2012
The latter half of February looks like it's going to be busy with quite a few key ATO lodgments due towards
the end of the month.
21 Feb 2012
Activity statements
January 2012 monthly activity statements - final
date for lodgment and payment.
28 Feb 2012
Superannuation
Superannuation guarantee charge statement -
quarterly (if required... more
Financing your startup business
27th January 2012
What's standing between you and starting your own business? If it's a lack of money, this can be remedied
with a number of reasonable startup capital options available to aspiring entrepreneurs.
The key is
planning- your financing strategy must make sense to both you and your prospective lender. Here are six... more
25th January 2012
It’s on again, Morris Finance Ltd has signed on again as Class Sponsor for the 2011 Festival of Sails
week. The event commences in Geelong, Victoria at the Royal Geelong Yacht Club on Australia day.
The
Festival of Sail week is Australia's largest sailing event, first being held in 1844... more
25th January 2012
Telstra reports that 48% of Australians now carry smartphones. The shift to mobile marketing and online
reputation management require businesses modify their content accordingly. It’s no longer just access to
email, messaging calendars and websites. We will see more location based services, mobile gaming, applications
and event based marketing innovations... more
MFL Sports Ambassador update - Lee Troop
16th January 2012
Congratulations to MFL Sports Ambassador Lee Troop for a successful run in the Houston Half Marathon. Lee
came 1st place for his division and 8th place for the men's half marathon. This is a fantastic result leading
up to the marathon in Japan on Sunday 4th March as this will be Lee's qualifying... more
MFL Sports Ambassador update - Lee Troop
12th January 2012
Morris Finance Ltd Sports Ambassador Lee Troop will be participating in the Houston Half Marathon on the 15th
January 2012, marking the 40th anniversary of the race. Over 11,000 people participate in the half marathon
every year, and it is known as a fast and flat race. This is in... more
Taking a hard look at 2011 and the outlook for 2012.
10th January 2012
The New Year is often a time of reflection for businesses and individuals alike. Looking back at 2011 may
prove to be a tough experience for many Australian businesses. As if symbolise the hard year, Australian
shares ended the last day of 2011 with a 15% loss – about $180... more
Important Accounting Dates for January
01st January 2012
For most companies across Australia, business will resume today. While you get back into the swing of things,
don't forget there are some key ATO dates to keep in mind for this month. Luckily, the first due date is not
until the 15th of January, so you'll have time to... more
30th December 2011
Please be advised Morris Finance Ltd will be closed for business on Monday the 2nd of January 2012 for the
annual New Years day public holiday, our offices will reopen as per normal on the Tuesday the 3rd of January
at 8.30 am.
We wish you and your family a safe... more
25th December 2011
The Management and Staff at Morris Finance Ltd 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 2012, and we look... more
19th December 2011
Many Australian SMEs will be relieved to hear that business sales all around the country are going up. The
ANZ Small Business Sales Trends report, published a couple of weeks ago, revealed that businesses across the
country saw a modest 2.8% sales rise during the month of October. Regional and... more
MFL supporting the Bethany Appeal
13th December 2011
Morris Finance Ltd this year is participating in the BayFM Bethany Giving Tree Appeal from 12th to the 23rd
December. The Appeal has been making kids smile at Christmas for over a decade.
You can put a smile on a
local child's face by leaving a present under a tree,... more
12th December 2011
For the past two years, at Morris Finance we haven't stopped improving the way we use digital communications.
We are continuously enhancing the functionality of our website, and have come a long way with our blog! The
natural next step for us has been embracing social media. You will now... more
Morris Finance Ltd Christmas Closure
09th December 2011
The Management and Staff at Morris Finance Ltd would like to advise that we will be closing for Public
Holidays only during the Christmas period. These dates include: December 26-27th 2011 and January
2nd 2012.
The staff at Morris Finance Ltd would like to wish you all a safe and happy holiday season. more
RBA cuts interest rate to 4.25%
06th December 2011
The RBA has delivered an early Christmas present to mortgage holders by cutting rates today.
The Reserve
Bank of Australia today decided to lower the cash rate to 4.25 percent from 4.5 percent at its monthly board
meeting .
It's the second interest rate cut in as many months after the RBA... more
Important Accounting Dates for December
05th December 2011
December is a busy month for all of us. Between Christmas shopping, celebrations and wrapping everything up
before the holidays there are also some key ATO Lodgment dates to remember.
01 Dec 2011
Income tax
Income tax payment due date for companies and superannuation funds that were taxable medium to large... more
MFL Sports Ambassador update - Nick Percat
05th December 2011
Morris Finance Ltd Sports Ambassador Nick Percat has finished second on Saturday’s opening Fujitsu V8
Supercar race at the Sydney Telstra 500.
Percat qualified the #222 Coates Hire Commodore on the front row of
the grid for Saturday’s 17-lap race, and maintained second position comfortably throughout the race,
with his fastest... more
MFL Sports Ambassador update - Grant Suckling
05th December 2011
Morris Finance Ltd Sports Ambassador Grant Suckling completed the last race of the Anaconda Adventure Series
at Lorne yesterday. He was not only competing for a position but for a place in the series title. Grant
completed an Ocean swim of 1.9km, Run of 400m, Ocean Paddle of 13km, Trail... more
25th November 2011
One thing that many businesses underestimate – especially new businesses that are experiencing growth
– is the importance of keeping your workers happy. Staff motivation forms an integral part of any
commercial business, and if it is overlooked it can have a marked impact on the success of your
business.
Job... more
Morris Finance Ltd at the Gala Day Parade
24th November 2011
The 2011 Geelong Gala Day Parade made its way through the streets of Geelong thrilling thousands of both
young and old as they supported the Geelong Hospital in what is one of the city’s most loved and
traditional events. The heavy rain held off long enough for the colourful parade... more
MFL Sports Ambassador update - Nick Percat
21st November 2011
In Morris Finance Ltd sports ambassador Nick Percat's first V8 Supercar race since winning the Bathurst
1000 in October, Percat has scored a podium finish during last weekend's Fujitsu V8 Supercar race at
Sandown.
Starting from fifth on the grid, Percat pressured the frontrunners throughout the race and pulled
off a bold... more
Morris Finance Ltd Cinquante breaks 150 year record
17th November 2011
Morris Finance Ltd CEO and Cinquante Skipper Ian Murray broke a 150 year old record at the Royal Geelong
Yacht Club on Saturday 12th November 2011.
MFL Cinquante created club history by being the first yacht in
the 150 year history of the club to win four accolades on the... more
You can see MFL this Saturday in the Geelong Gala Day Parade
17th November 2011
The Geelong Gala Day Parade and Family Fun Day will be held on Saturday 19th November 2011. Gala Day is all
about the community raising money for the Geelong Hospital Children’s Ward.
The Parade, which is
being held for the 95th time, starts at 10:45am at Eastern Park, continues along Malop... more
Important Accounting Dates for November
14th November 2011
The next few months are pretty manageable in terms of key ATO lodgment dates. There are just 3 to remember in
November:
11 Nov 2011
Activity statements
Quarter 1 (July - September 2011) activity statements -
final date for electronic lodgment and payment.
21 Nov 2011
Activity statements
October 2011 monthly
activity statements - final... more
Update from MFL Sports Ambassador - Grant Suckling
07th November 2011
The Anaconda Adventure Race in Augusta, Western Australia is the World’s Biggest Adventure Race by
participation; with more than 1700 competitors trail running, ocean swimming, kayaking and mountain biking
their way over the 50 kilometre off road course on 6th November 2011.
Morris Finance Ltd Sports Ambassador
Grant Suckling had a... more
Update from MFL Sports Ambassador - Nick Percat
04th November 2011
Morris Finance Ltd sports ambassador and BATHURST 1000 winner Nick Percat has made history by becoming the
first driver to win a race on India's brand new Buddh International Circuit near New Delhi.
Driving for
Walkinshaw Racing, Nick Percat was the only Australian in the 20-car field for the weekend's Formula... more
What the interest rate cut means for you
04th November 2011
On Tuesday, the Reserve bank cut interest rate for the first time in over two and a half years, down 25 basis
points to 4.5%. This is the first time the rate has moved since one year ago, when it was raised to 4.75%.
So what will this mean for... more
Morris Finance Ltd Hot Lap Competition winners announced
02nd November 2011
Congratulations to Graham White and Michael Barratt who have won our latest client competition for a Hot Lap
in a Toll Holden Racing Team V8 Supercar at the Phillip Island Ride Day on 14th December 2011.
Graham and
Michael's name were drawn from a large number of entries who settled new... more
01st November 2011
The Reserve Bank of Australia today slashed rates by 25 basis points in a bid to boost consumer spending and
turn around the depressed property market.
The pressure is on the big banks to pass on the rate cut in full
through lower lending rates.
Prime Minister Julia Gillard warned the banks... more
31st October 2011
It's that time of year again when the offices of MFL will be closed for public holidays.
Please be advised
our office will be closed tomorrow the 1st of November 2011 for the running of the Melbourne Cup.
Our
office will re-open at 8.30am on Wednesday the 2nd of November 2011.
The... more
Success Stories from our Sports Stars
28th October 2011
The Morris Finance Ltd Sporting Ambassadors are starting to fire up! Over the past couple of months we
have
had tremendous success stories from each one of our sponsored athletes and teams.
Here are the highlights
of their latest accomplishments:
... more
Seven days left to be in the draw to Win a Hot Lap in a Toll Holden Racing Team V8 Supercar
24th October 2011
Only seven days left to win an experience of a lifetime.
Settle a new finance facility with Morris
Finance Ltd during September and October 2011 and go into the draw to win a Hot Lap in a Toll Holden Racing
Team V8 Supercar at the Phillip Island Ride Day on 14th... more
Update from MFL Sports Ambassador - Grant Suckling
19th October 2011
Morris Finance Ltd Sports Ambassador Grant Suckling is sitting in 1st place in the Anaconda Adventure Race
National Series after just two races. Having finished 2nd place at Race #1 at Forster and 5th at Race #2 at
the Gold Coast he's the only top flight athlete to have done... more
Looking at Australia's Finance Industry performance.
18th October 2011
Over the last few years there has been a lot of discussion and speculation about the economy, largely due to
the GFC and more recently the European debt crisis. However, 'economy' is a broad term encompassing nearly
every industry in Australia. Recently, IBIS World released a report that zeroes in... more
MFL Sports Ambassador Nick Percat wins Bathurst 1000
10th October 2011
Morris Finance Ltd Sports Ambassador Nick Percat competed in his second V8 Supercar race, to produce the
performance of his life alongside co-driver Garth Tander to win the Bathurst 1000 at Mount Panorama yesterday.
The victory made Percat the first driver in more than 30 years to win "The Great... more
04th October 2011
AUSTRALIA'S mortgage belt has been spared more hip-pocket pain with the Reserve Bank this afternoon leaving
the interest rate at 4.75 per cent.
The central bank last raised the rate in November 2010, from 4.5 per
cent.
The RBA board had been widely tipped to keep rates on hold at today's... more
04th October 2011
Morris Finance Ltd are represented this year at the Elmore Field Days in central Victoria on Tuesday 4th,
Wednesday 5th and Thursday 6th October 2011. We are situated near Public Entrance Gate 11, be sure to stop by
and have a chat to Abby Davis, Fiona Trotter and Yoland Marshall and... more
Important Accounting Dates for October
03rd October 2011
October is looking like a busy month already. Not only are individual tax returns due at the end of the
month, but there are quite a few other lodgment dates for businesses to remember.
21 Oct 2011
Activity
statements
September 2011 monthly activity statements - final date for lodgment and payment.
PAYG
instalments
Annual PAYG... more
MFL CEO appointed Chairman of the Festival of Sails
29th September 2011
Morris Finance Ltd CEO Ian Murray has been appointed Chairman of the Festival of Sails Comittee for
2012.
The Festival of Sails attracts over 450 yachts and 4500 competitors from around the world to
compete in Melbourne and Geelong over the Australia Day holiday period. It is a fabulous event for... more
Win a Hot Lap in a Toll Holden Racing Team V8 Supercar
28th September 2011
Don't miss out on being in the draw for your
chance to win an experience of a
lifetime.
Settle a new finance facility with Morris Finance Ltd during September and October 2011 and go
into the draw to win a Hot Lap in a Toll Holden Racing Team V8 Supercar at the Phillip... more
Update from MFL Sports Ambassador - Nick Percat
22nd September 2011
Morris Finance Ltd Sports Ambassador Nick Percat's Stunning Debut with Toll Holden Racing Team at Phillip
Island on Sunday 18th September 2011.
It was an up and down day for the Toll Holden Racing
Team’s Garth Tander and Nick Percat in the first endurance race of the season at the Phillip... more
Update from MFL Sports Ambassador - Lee Troop
20th September 2011
Morris Finance Ltd Sports Ambassador Lee Troop has won the half marathon crown on a picture-perfect
day at the Blackmores Sydney Marathon and running festival on Sunday 18th September 2011.
It was a result
which Lee won his 10th Australian crown just 12 months after he was forced to pull out of the... more
Update from MFL Sports Ambassador - Nick Percat
14th September 2011
Morris Finance Sports Ambassador Nick Percat will compete for Walkinshaw Racing in the final two rounds
of India’s Formula MRF series next month, becoming one of the first Australian drivers to race at the
new Buddh International Circuit.
The domestic single-seater category will support the Airtel Grand Prix of
India, the... more
RBA Leaves Interst Rates on Hold
06th September 2011
The Reserve Bank has decided to keep interest rates on hold, despite fears of the Australian economy
struggling outside the mining sector.
The Reserve Bank board had been tipped to keep the official interest
rate at 4.75 per cent, maintaining a "wait-and-see approach" as global markets react to the threat
of... more
Important Accounting Dates for September
05th September 2011
Following a busy August, you'll be relieved to know that September is a pretty quiet month for ATO
lodgements.
21 Sep 2011
Activity statements
August 2011 monthly activity statements -
final date for lodgment and payment.
30 Sep 2011
Annual TFN withholding report
Annual TFN
withholding report for closely held trusts where a trustee has been required to withhold amounts... more
Win a Hot Lap in a Toll Holden Racing Team V8 Supercar
30th August 2011
Be in the draw for your chance to win an experience of a lifetime.
Settle a new finance facility with
Morris Finance Ltd during September and October 2011 and go into the draw to win a Hot Lap in a Toll Holden
Racing Team V8 Supercar at the Phillip Island Ride... more
Update from MFL Sports Ambassador - Nick Percat
18th August 2011
Morris Finance Sports Ambassador Nick Percat will be back behind the wheel of the #222 Coates Hire Racing
Commodore as the Fujitsu V8 Supercar Series heads north to Queensland Raceway this weekend.
The 3.1
kilometre Ipswich circuit is the home test track of the Queensland-based Fujitsu teams, but Percat says... more
15th August 2011
This is a courtesy to advise as of Monday 15th August, 2011 we are officially in our new
premises located at;
Level 2
237 Ryrie Street
Geelong Vic 3220
Our Postal
Address will remain the same,
PO Box 4233
Geelong Vic 3220
Our Phone and Fax Numbers
remain the same,
Ph: 03 5223 3453
Fax: 03 5223 3452
Should you have any queries
with... more
Advantage of Choosing the Right Equipment Finance
11th August 2011
Choosing to finance your equipment means you can acquire what your business needs without dipping into your
cash reserves. We finance a diverse range of equipment depending on your individual business needs, with an
understanding that the right finance can play a major part in growing your business, short and... more
Morris Finance Ltd is on the move!
08th August 2011
Please be advised that Morris Finance Ltd will be relocating to new premises on the 12th of August 2011.
On this date our office and systems will be shut down from 11.30 am and we will reopen for business on the
15th of August 2011 at 8.30 am.
From the... more
02nd August 2011
THE RESERVE Bank of Australia kept the cash rate steady at 4.75 per cent today, where it has been since
November 2010.
Commonwealth Bank currency strategist Joseph Capurso said the market would focus on the
accompanying statement from RBA governor Glenn Stevens for signs of whether rates were likely to... more
Important Accounting dates for August 2011
01st August 2011
The 2012 financial year is well under way, so it’s important to ensure your standings are in good order
with the ATO. Below are the key dates to be mindful of this month:
14 August 2011
PAYG withholding
payment summary annual report for large withholders (annual withholding > $1 million), or a... more
Update from MFL Sports Ambassador - Lee Troop
18th July 2011
Close but still not there…..
It has been 10 days since my 6th place finish at the Gold Coast
marathon and even though I am disappointed in falling short of my target time (sub 2hrs 12mins) by running
2hrs 15mins and 45secs, I am pleased that I still took a forward... more
Update from MFL Sports Ambassador - Nick Percat
06th July 2011
Morris Finance Ltd sports ambassador Nick Percat is confident he can challenge for race wins this weekend,
when the Fujitsu V8 Supercar Series returns to North Queensland for the Sucrogen Townsville 400.
The
22-year old impressed in his first visit to the Townsville street circuit last year, collecting two top... more
RBA leaves cash rate unchanged at 4.75%
05th July 2011
RBA has kept the cash rate unchanged yet again at 4.75%. Minutes from the board's July meeting nearly
mimicked their June statement. The short term economic outlook for the remainder of 2011 calendar year has
softened slightly; this is especially evident in global oil prices which are still feeling the... more
Important Accounting Dates for July
01st July 2011
Just when you thought the financial year was over an you have seen the last of the paperwork, the new year's
lodgement sue dates begin. Here are the key dates for July:
14 Jul 11
PAYG withholding
Payers must
issue PAYG withholding payment summaries to payees (that is, employees and other workers).
21 Jul... more
99% of QLD insurance claims processed
30th June 2011
With only a day until the end of the financial year, the Insurance Council of Australia (ICA) has
revealed that nearly all insurance claims from Cyclone Yasi and the floods have been assessed.
For the last
month, the ICA has been paying out an impressive $10.6 million every working day, in individual... more
Ash cloud dissipates as costs add up.
23rd June 2011
Last night, most airline schedules returned to normal, after over a week of disruptions cause by ash blown
over form a Chilean volcano. Now, the airlines can start to sum up the damage and asses the impact of the
situation.
The CEO of Jetstar reported $10 million in losses, nearly on... more
Update from MFL Sports Ambassador - Grant Suckling
20th June 2011
Grant Suckling’s battle to the podium at Australasian Multisport Championships.
Grant recently
participated in the elite 3D Rotorua Adventure race in New Zealand. What made this event elite is the line up
of hand picked athletes who were selected to compete. The Roturua committee had spent the past year evaluating
Australia's top... more
Update from MFL Sports Ambassador - Lee Troop
17th June 2011
Gold Coast Marathon
On Sunday July 3rd I will be running the Gold Coast Airport Marathon and I am nearing
the end of a very heavy training block. The goal in this race is simple: Run under 2hrs and 12mins and post a
qualifying time for next years Olympic Games in... more
Australian economy still feeling effects of the floods.
15th June 2011
Recently released data from Australian Bureau of Statistics (ABS), NAB and other sources suggests that our
domestic economy is still having a hard time recovering form the summer's floods and Cyclone Yasi.
Recent
Data
ABS reports have showed that the economy has shrunk 1.2% in the quarter ending in March. The data... more
End of 2010-11 Financial Year Tips
09th June 2011
June 30th is inching closer which means it's the end of yet another financial year. While you're busy tying
up loose ends and getting the books organised, consider the below tips to make the most of your tax return and
take advantage of any government incentives that may apply:
Save... more
RBA leaves cash rate unchanged at 4.75%
07th June 2011
Today, the government decided to leave the cash rate unchanged at 4.75%. This becomes the fifth consecutive
RBA board meeting where the rates haven't moved.
The decision does not come as a shock although next month
may not be so predictable. As we move into the new financial year and... more
Important Accounting Dates for June
01st June 2011
WIth the financial year coming to an end, most businesses will have a lot of work to get through this month.
Luckily, you won't be bogged down with lodgements in June.
21 Jun 2011
Activity statements
May 2011
monthly activity statements: final date for lodgment and payment.
30 Jun 2011
End of financial... more
Rules change for salary sacrificed cars.
27th May 2011
The government has adopted recommendations form the Henry Review, eliminating
the system that allowed people
to decrease their tax by increasing work related driving.
Currently, the Fringe Benefit Tax (FBT) uses a
statutory formula to determine tax
benefits by multiplying the car's cost by a series of pre-set statutory
rate. Following the
new ruling,... more
Join MFL for Hot Chocolate Day
18th May 2011
Morris Finance Ltd has jumped on to assist the Barwon Health Foundation and the Geelong
Hosptial Appeal to raise funds for the future development of their children's ward.
The day will
be held this Friday the 20th of May in the Canteen of Geelong Hospital on Ryrie St. It will be hosted... more
Update from MFL Sports Ambassador - Nick Percat
14th May 2011
Rising V8 Supercar star and Morris Finance Ltd Sports Ambassador Nick Percat has been awarded the
opportunity of lifetime and will join Holden’s famous factory Toll Holden Racing Team for the annual V8
endurance races at Phillip Island and Bathurst.
The 22 year old will co-drive with his mentor, 2007 V8
Supercar... more
The 2011 Budget and what it means for you.
13th May 2011
After much speculation, the federal budget turned out to be not as tough as predicted. The 2011 budget aims
to return Australia back to surplus by 2013 as promised during elections. We look at what other promises the
government plans to deliver on and what sacrifices have been made.
What it... more
Update from MFL Sports Ambassador - Lee Troop
09th May 2011
Positives can still come from Negatives
On Sunday April 17th I stood on the London Marathon start line
with the goal of trying to run a sub 2 hrs and 12 mins to qualify for the 2012 Olympics.
My campaign
started exactly 16 weeks prior after having 3 months out with a... more
RBA keeps cash rate at 4.75% yet again.
03rd May 2011
Following it's monthly board meeting yesterday, the RBA decided to leave the cash rate unchanged at 4.75 %.
This news comes only a day after the Aussie dollar hit another record high of 1.10 USD. Although economists
widely predicted this month's outcome, there is some variation in opinions as to... more
Update on MFL Sports Ambassador - Nick Percat
03rd May 2011
Coates Hire Racing’s / Morris Finance Ltd Sports Ambassador Nick Percat is taking the positives out of
a tough weekend in the second round of the Fujitsu V8 Supercar Series at Perth’s Barbagallo
Raceway.
Percat started the weekend strongly, starting the opening race from third on the grid.
Nick’s solid race... more
Important Accounting Dates for May
01st May 2011
After a relaxing long break in April it’s time to get back to business. Here are the accounting dates
coming up in the month of May:
12 May 2011
Activity statements
Quarter 3 (January - March 2011)
activity statements: final date for electronic lodgment and payment. Refer to Lodge your activity statements
online... more
Q & A with Southern Cross 10 Victoria GM Jason Priestley
29th April 2011
You may have seen the recent Morris Finance TV commercials or read about them on our blog. During the making
and airing of the ads MFL worked together with Southern Cross 10 Media. A little while ago we had the chance
to have a Q & A session with General... more
Race report from MFL sports star Grant Suckling
21st April 2011
I’ve just completed the first part of the Anaconda Adventure Race Series, held April 16-17 in Forster
NSW. This is the only 2-day leg of the whole series, and gave the professional athletes a bit of an advantage.
I had a great weekend, placing second behind World Champ Richard Ussher... more
20th April 2011
It's that time of year again when the offices of MFL will be closed for public holidays.
Please be advised
the office will be closed on the below dates and will re-open for business on Wednesday the 27th of April
2011.
Friday 22nd of April - Closed for Easter Friday
Saturday 23rd of April... more
How high can the Aussie dollar go?
14th April 2011
The soaring Australian dollar has been a hot topic over the past few weeks as it continues to loom over the
USD. Last week our currency rose 3% to a 29 year high of 1.0584 USD. It was also the the best performer of all
the G10 currencies, further strengthening... more
12th April 2011
Last month one of our dear clients passed away after fighting breast cancer for 10 years. Barbara Hyatt was
the mother to Aaron and Damien, and wife of Jim Hyatt. In memory of their mother, the two brothers have
organised a team to run... more
RBA leaves rates on hold at 4.75%
05th April 2011
At the monthly board meeting for the Reserve Bank of Australia, the committee decided to leave the cash rate
unchanged at 4.75%. This is the fifth consecutive month without any increase of interest rates, and the news
comes in as the Aussie dollar soars at US $1.04.
Governor Glenn Stevens... more
Morris Finance Signs Nick Percat As Sports Ambassador
01st April 2011
Morris Finance Ltd has signed Nick Percat as a sports ambassador for the 2011 season.
MFL is a
national leader in commercial finance and leasing, and created its sports ambassador program to connect,
support and enable people in the community.
As a sporting ambassador, Nick will share the message of
excellence, health... more
Important Accounting Dates for April
01st April 2011
With the extended Easter holidays and daylight savings, there are already many important dates to remember
for the month of April. Below are all the key lodgement dates you'll need to remember this month:
21 Apr
2011
Activity statements
March 2011 monthly activity statements: final date for lodgment and
payment.
Quarter 3 (January -... more
Training update from MFL sports star Lee Troop
31st March 2011
After a long career and three Olympic attempts, a few years ago I faced a tough question: continue running or
retire? Although at the time I was facing some serious obstacles in my personal life, something in my stomach
just said it wasn't time to stop. So, after some discussion... more
MFL announce second sporting ambassador
25th March 2011
Earlier this month, Morris Finance announced the first of their four sporting ambassadors, Lee Troop. Joining
Lee, MFL has now also signed Australia’s number one adventure racer Grant Suckling.
... more
MFL in the community - Geelong Falcons
17th March 2011
As part our ongoing community involvement program Nathan Murray (Managing Director), Melanie Tink (Operations
Manager) Jim Climpson (New Business Manager) and Abby Davis (News Business Specialist) travelled out to the
home of the Geelong Falcons to meet their coaching staff, managers and players last night.
The Geelong
Falcons compete in... more
Chinese cars enter the Australian market
14th March 2011
You may have seen or even become accustomed to the Chinese brand Great Wall which has been carving out a
space in the Australian car market since 2009. The Great Wall utilities with their low prices have proven to
be very competitive against established brands.
With Great Wall paving the way,... more
08th March 2011
Last Thursday March the 3rd, Morris Finance MD Nathan Murray was a key speaker at the innovative VECCI event
titled “Show me the money.” This mentoring initiative was put on primarily for small to medium
business owners, apprentices and trainees to provide them with free information and guidance. And if... more
Want to win $17,500.00 in prizes?
03rd March 2011
It's Football time again and as part of our ongoing marketing plan Morris Finance Ltd is sponsoring the
Geelong Cats / AFL football tipping competition.
The official tipping game of the AFL is bigger and better
than ever, with INSIDE WORD, TIPSTERS' CHOICE, a new competition and some returning favorites. Get... more
Important Accounting Dates for March
01st March 2011
March is an easy month for book keepers with just one key lodgement date to remember!
21 Mar
2011
Activity statements
February 2011 monthly activity statements: final date for lodgment and
payment.
For more information visit the ATO website.
more
01st March 2011
At the monthly board meeting in Sydney, the RBA board decided to leave the cash rate unchanged at 4.75% - a
decision that was widely predicted.
Governor Glenn Stevens said inflation was well within average trend and
was expected to stay there for the time being. He also mentioned that production... more
The opportunities and challenges of taking your business online.
28th February 2011
With internet so readily available these days, it's safe to say that most, if not all business owners have
thought about how to tap into the world of online consumers. Luckily, the government has also realised the
huge potential of digital business. They have even created digitabusiness.gov.au – a website... more
10 ways to a healthier work day.
20th February 2011
Drink at least 8 glasses of water a day.
Although coffee, sodas and energy drinks help you stay awake,
they are also cause you to lose water leading to dehydration. Symptoms of not drinking enough water include
headaches, stomachaches and lower back pain.
To ensure you drink your 8 glasses a day,... more
14th February 2011
In a continued effort to expand our marketing, Morris Finance has launched a series of TV ads. There are four
commercials in total, advertising the various services of the business. They are currently airing on Southern
Cross 10 and One HD in regional Victoria.
In case you don't catch then on... more
MFL announce new sporting Ambassador
10th February 2011
MFL announce Marathon Star Lee Troop as their new sporting ambassador for 2011 and 2012.
... more
04th February 2011
Every year at the Consumer Electronics Show (CES) in Las Vegas, new electronic toys are unveiled. Out of the
hundreds of new inventions or product evolutions exhibited at the show, we’ve narrowed it down to the
top 10 gadgets to add to your “want” list:
1. Motorola Xoom
The iPad may have... more
RBA leaves rates on hold at 4.75%
02nd February 2011
At their first meeting of 2011, the RBA decided to leave the cash rate unchanged. Rates will remain at 4.75%
where they have been since the start of November.
Governor Glenn Stevens cited the “temporary
adverse effect” of the Queensland floods as the reason for keeping inflation at bay. However,... more
Important Accounting Dates for February
01st February 2011
Following a relatively "deadline-free" month in January, this month has quite a few key dates to
remember. Below is an outline of lodgment dates as per the ATO website:
21 Feb 2011
Activity
Statements
January 2011 monthly activity statements: final date for lodgment and payment.
28 Feb
2011
Superannuation
Superannuation guarantee charge statement - quarterly (NAT... more
MFL Sign on with the Geelong Cats
29th January 2011
As part of our first major sponsorship of a national sporting organisation, Morris Finance Ltd has signed a
two year agreement to sponsor the Geelong Cats who complete in the Australian Football League
(AFL).
“Being a Geelong based company it is only natural for our company to support teams in our... more
20th January 2011
Morris Finance Ltd has signed on as Class Sponsor and Event Partner for the 2011 Audi Victoria week. The
event commences in Geelong, Victoria at the Royal Geelong Yacht Club from the 20th of January 2011.
Audi
Victoria Week is Australia's largest sailing event, first being held in 1844 and officially... more
18th January 2011
Over the past couple of weeks we have witnessed some of the worst flooding Australia has ever seen. This has
affected residents in Queensland, News South Wales and now Victoria.
Morris Finance has a number of
brokers, clients and suppliers in the affected regions and we would like to reach out... more
17th January 2011
Last year, you may have read about the new avenues of marketing which Morris Finance planned to pursue in
2011. Now, three weeks into the year, our objectives are becoming a reality.
Morris Finance has kicked off
the year with a series of brand new radio commercials. Featuring a custom, branded... more
12th January 2011
In a week that has seen unprecedented destruction to many parts of Queensland, our thoughts go out to
everyone affected by the devastating floods.
For the last month, Queensland residents have been battling
with severe storms and flooding. Until recently, affected areas were mostly in far north Queensland. However,
this... more
New Year - New Laws for Business in 2011
10th January 2011
This week, most Australians will have returned to work, and businesses will be buzzing as usual. However,
while you were away celebrating the holidays and welcoming the New Year, the Government has been busy
welcoming in new laws and regulations. There are many new changes that will affect businesses and... more
Important Accounting Dates for January
06th January 2011
Getting back from holidays and starting the new year also means getting back to a schedule. Below are the key
accounting dates for January to start your year on the right track with the ATO.
15 Jan 2011
Income
tax
Due date for lodgment of income tax returns for companies, superannuation funds and... more
04th January 2011
Morris Finance Ltd Management and Staff would like to wish all our clients and suppliers a Happy New Year and
we hope you enjoyed the festive season.
We would like to advise our trading hours have resumed as per
normal and you can contact us from 8.30am to 5.00pm Monday to... more
25th December 2010
The Management and Staff at Morris Finance Ltd 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 2011, and we look... more
20th December 2010
As the focus shifts to family and the festive season during this time of year, it’s easy to lose sight
of activity in the markets. The below report aims to provide a brief overview of recent market activity to get
you up to speed before the holiday break.
Credit Markets
Last month... more
14th December 2010
Last month Maryborough held the 20th annual RACV Energy Breakthrough Challenge. Also known as Australia's
"Green Grand Prix" it is the premier science, technology and environment event for local and
international schools. It was created in 1991 by the Country Education Project as a way to get students
interested and... more
RBA Leaves Rates Unchanges at 4.75%
07th December 2010
Following its monthly board meeting today, the RBA announced that the cash rate will remain unchanged at
4.75%
This month, concerns regarding a number of struggling European nations have once again floated
to the surface. Moving on to other continents, Chinese and Indian economies are still pushing full steam ahead
while... more
01st December 2010
Morris Finance is now a proud member of the Australian Equipment Lessors Association (AELA). This new
partnership follows the recent Annual Plant & Equipment Leasing Conference which was attended by Nathan
Murray, Ian Murary and Kon Likoudis of MFL.
AELA is the largest national association for the equipment and
financing leasing... more
Important Accounting Dates for December
01st December 2010
Most of your "dates to remember" this month will revolve around the holiday season. Luckily, there
are only two important days in terms of keeping your business compliant in December.
01 Dec 2010
Income
tax
Income tax payment due date for companies and superannuation funds that were taxable large/medium
business clients in the... more
26th November 2010
On Tuesday night, Morris Finance sponsored and attended the first event of the VECCI Fast Forward Networking
series.
Held at the Royal Geelong Hospital, this was a “speed dating” style event. Attendees
had three minutes with each other to swap business information and promote themselves before the buzzer went
and... more
24th November 2010
Once again, Morris Finance has signed on as a major sponsor for the 13th Annual VECCI / Barwon Health
Charity Golf Day at Thirteenth Beach.
For the past 12 years, VECCI has run the Annual Charity Golf day to
raise money for the community while providing a fun, social networking environment... more
16th November 2010
The possibilities for business networking are becoming more and more diverse. From formal events to casual
breakfasts, organised networking events can be a great way to meet new associates, source new business and
build your contact and resource list.
Next week, Morris Finance is sponsoring the VECCI speed networking
event in... more
08th November 2010
Women are becoming more prominent in the Australian workforce, especially in executive and leadership roles.
Here at Morris Finance, three women are leading the way. Melanie, Abby and Jana have made a stir recently,
getting plenty of positive feedback on their feature in the Geelong Advertiser and our recent company... more
Australians don't tolerate bad service.
04th November 2010
A recent study by American Express has revealed that Australians are the second least tolerant nation in
terms of bad customer service. Only one percent behind top-ranked Mexico, 86% of Australians will simply cease
doing all business with a company rather than filing a complaint.
Key Findings:
You won’t always
get a... more
Help us find our next employee
03rd November 2010
Morris Finance Ltd is on the hunt for a mascot to use at promotional, community and company events.
After
having the Mangement and staff submit their idea's we are now looking for further ideas from
you.
MFL are running a competition on the design website www.99designs.com and are looking for
entrants to assist... more
03rd November 2010
Yesterday, the Reserve Bank of Australia lifted the cash rate by 25 basis points, the first rise since may
2010.
The new rate effective today is 4.75%.
Visit rba.gov.au for more information.
more
01st November 2010
It's that time of year again when the offices of MFL will be closed for public holidays.
Please be advised
our office will be closed tomorrow the 2nd of November 2010 for the 150th running of the Melbourne
cup.
Our office will re-open at 8.30am on Wednesday the 3rd of November 2010.
The
Management... more
Important Accounting Dates for November
01st November 2010
While this month is busy with Carnival Season, the ATO is taking it easy with lodgement dates. Only a few
items to remeber for Novemeber.
11 Nov 2010
Activity statements
Quarter 1 (July - September 2010)
activity statements: final date for electronic lodgment and payment. Refer to Lodge your activity statements
online for... more
26th October 2010
Speed Networking – Innovative Business Event in November.
If you haven’t yet experienced a
speed networking event, this is your chance.
VECCI is launching a new networking series called Fast
Forward, with the first night booked for November 23rd, 2010 at the Royal Geelong Yacht Club.
The concept
is borrowed from speed... more
20th October 2010
CommSec has been running an iPod Index since 2007 as a way of measuring the purchase power of our dollar.
Using the iPod is a modern twist to the long running Big Mac Index of the Economist. Both methods work on the
theory that goods should cost... more
19th October 2010
The spring carnival season comes to Geelong today, starting with the Geelong Cup.
At Morris Finance, it
will be business as usual.
As an Australia wide company we will continue to operate today. Our office will
be closed on Melbourne Cup Day Tuesday November 2nd, 2010.
For any concerns or enquiries, please... more
Best & Worst Industries for Enterpreneurs
14th October 2010
During the recession and unstable times, thoughts of new business were put on hold. However, now that
consumers are looking more confident, and signs of a “double dip” recession diminish,
entrepreneurs are ready to take on new opportunities. Based on recent studies, below are the industries
predicted to flourish over... more
Business Tips - Telephone techniques that will improve your business professionalism
12th October 2010
Even if you do not talk on the phone too often in your job, it is very important to have a professional and
likeable demeanour when you do.
First impressions count, and you need to make sure that your clients,
members, customers or work colleagues think of you in a... more
Breaking News: Cash Rate remains at 4.5%
05th October 2010
Earlier this afternoon, RBA officials decided to keep the cash rate unchanged at 4.5%. This will come as a
surprise to some economists and speculators who predicted a rise this month. However, this means a rise in
November is now very likely.
Based on the Meeting Minutes form this afternoon,... more
Important Accounting Dates for October
01st October 2010
October is a busy month for business accounting as well as personal income tax matters. Below are the
important dates to help you keep everything in check:
21 Oct 10
Activity statements
September 2010
monthly activity statements: final date for lodgment and payment
Quarter 1 (July - September 2010)
consolidated instalment activity statements: final... more
30th September 2010
This coming Sunday, participating states in Australia will enter Daylight Savings Time.
Daylight savings is
when we advance our clocks during the warmer months and begins on the first Sunday in October.
Since Morris
Finance deals with people across Australia, we would like to remind you of this upcoming change to ensure... more
FAQ: How Does a Novated Lease Work?
20th September 2010
A novated lease is a popular option for vehicle finance. The lease is incorporated into an employee’s
salary package, and is an agreement between the employee, employer and finance provider. It can be beneficial
for both the employee and the employer.
How does a novated lease work?
Two contracts are arranged:
one... more
Business confidence rebounded in August - study
14th September 2010
BUSINESS confidence rebounded to levels last seen in April as profits improved although sales and employment
conditions weakened, a survey shows.
The National Australia Bank's (NAB) monthly business confidence index
rose to 11 in August, reversing a decline in July.
"Business confidence rebounded 9 points in August,
following three months during... more
08th September 2010
Petrol Prices across Australia have plummeted down to 2009 levels, with some locations nearing $1 per litre
mid August. Additionally, cheap fuel days seem to have shifted from Fridays or Saturday towards Sunday and
Monday.
Why Have Prices Dropped?
There are several reasons for the recent decline in pump prices:
1.
Global Issues: ... more
RBA Leave Interest Rates Unchanged.
07th September 2010
At its meeting today, the Board decided to leave the cash rate unchanged at 4.5%.
more
Important Accounting Dates for September.
01st September 2010
September will be an easy month for lodgements with just one date:
21 Sep 10
Activity
statements
August 2010 monthly activity statements: final date for lodgment and payment.
more
The Role of Finance - Glenn Stevens
01st September 2010
Recently, Governor Glenn Stevens delivered a speech titled The Role of Finance. It was delivered at a lecture
in commemoration of Australia’s great scholar, writer and economist Edward Owen Giblin Shann. The speech
was a brilliant overview of finance and its role in society form early origins to modern implication... more
5 Ways to Stay Motivated at Work
25th August 2010
We all have times when we don't feel motivated in our job. This can be a certain time of the day, a gap
between projects or an uninspiring series of tasks.
Although it's easy to blame your boss or manager, you
are predominantly responsible for keeping up your motivation. Different tactics... more
17th August 2010
On July 30th Australians joined the millions of other iPhone4 owners across the world. While there has been a
significant amount of controversy surrounding the release (mostly thanks to the antenna issue), Telstra
recorded the highest amount of pre-orders for this smartphone. The major carriers have also updated their
plans... more
11th August 2010
"What is a Residual?" is one of the most frequently asked questions we receive at Morris Finance. A
residual is a lump amount of your purchase that is deferred until the end of your contract. It reduces your
total repayment amount, therefore lowering repayments, and making the item more affordable.... more
RBA leaves rates at 4.5% for 3rd consecutive month.
03rd August 2010
For the third consecutive month, the Reserve Bank of Australia has left interest rates unchanged at 4.5%.
Although the announcement comes as a relief to consumers, it is not a surprise; economic data from the
previous quarter revealed that inflation rates were lower than expected. Treasurer Glenn Stevens stated
that... more
Important Accounting Dates for August
01st August 2010
Morris Finance would like to remind all our clients and readers of the important lodgement dates coming up
for the month of August. For more information, visit ato.gov.au.
11 Aug 10
Activity statements
Quarter
4 (April - June 2010) activity statements: final date for electronic lodgment and payment. Refer to Lodge your
activity... more
27th July 2010
Morris Finance has always placed community involvement high on the priority list. Even throughout the
turbulent times of our previous 2009-10 financial year, we managed to support a variety of great causes
locally and Australia wide.
Aside form the rewarding feeling of enhancing the community in which we live
and work,... more
20th July 2010
At the start of a new financial year, it’s important to assess your business and set a plan to move
forward. As you are creating your “new year’s resolutions”, it is important to take into
considerations recent policy changes and ATO’s objectives for the coming year.
Your Business
Objectives:
Dedicate time to... more
Success for MFL at the Geelong Centrelink Expo.
13th July 2010
Last Thursday, Nathan Murray, Melanie Tink and Jim Climpson headed to the Geelong Arena to represent Morris
Finance at the Centrelink Job Expo. Over 8,000 people attended the event which advertised over 1000 jobs. The
expo attracted government officials including MPs Simon Crean, Darren Cheeseman, Robert Myles and local
Mayor... more
Today: Morris Finance at the Expo
08th July 2010
Morris Finance representatives will be at the Centrelink Job Expo today. Over 10,000 people are expected to
attend the Geelong Arena, with over 1,000 jobs on display. Visit www.centrelink.gov.au for more info, or pay
us a visit at the show.
Say Hello to Melanie Tink & Jim Climpson at the MFL... more
07th July 2010
The RBA announced yesterday, after their monthly board meeting, that the cash rate will remain at 4.5%. This
is the second consecutive month that rates have not been lifted. more
Tax cuts put $$$ in your pocket
05th July 2010
July has started off with a bang, as we head into a new financial year, with a new prime minister. The recent
flurry of events has overshadowed the arrival of the latest tax cuts.
On July 1st, the third and final tax
cut from the Rudd Government came into effect. The... more
Important Accounting Dates for July
01st July 2010
It is the first month of the 2010/11 financial year. Make it your resolution to keep track of the important
lodgement dates and keep your business compliant. Morris Finance will post mothly dates that you need to be
aware of.
14 Jul 10
PAYG withholding
Payers must issue PAYG withholding payment summaries to... more
Revenue Forecast: How will your industry perform this year?
28th June 2010
We’re on the brink of a new financial year, and the statistics for Australia are looking pretty good.
Next year’s economic growth is anticipated to reach 3.7%, putting Australia ahead of most advanced
global economies.
The recently released IBISWorld statistics cast light on the industries that will
contribute to this growth.... more
Breaking News: Australia's New Prime Minister
24th June 2010
Julia Gillard is Australia's new leader.
Just before 10am today, after a whirlwind of political events,
Julia Gillard became the first female Prime Minister of Australia. Subsequently, Kevin Rudd became the first
Prime Minister to be deposed before the end of his first term.
Gillard was elected unopposed after
Kevin Rudd chose to... more
21st June 2010
View: iPad Features iPad Plans
iPad for Business
It has been a few weeks since the iPad hit Australian stores on May 28th. Now that
the line ups have died down, and delivery companies have had a chance to breathe, you can take... more
NEW! Morris Finance now offers Insurance.
15th June 2010
In a continued effort to increase convenience for our clients, Morris Finance will now offer insurance
options for new and existing clients. By bringing more services under one roof, we will achieve a faster, more
efficient application and settlement process for vehicles and equipment.
The following is a breakdown of
some... more
08th June 2010
The introduction of the Resource Super Profits Tax (RSPT) has ignited a media war which has obscured the real
facts and motives behind the scheme.
Since the government is now in talks with mining industry heads to
review the new system, it shows that the miners have some legitimate concern.... more
End of Financial Year Tips & Checklist
02nd June 2010
Welcome to the last month of this financial year. We have gathered some useful information to help you and
your business take advantage of any available tax strategies and maximise efficiency during this time.
The
first, and most obvious, step is one that many businesses tend to overlook: Get your accounting... more
Important Accounting Dates for June
01st June 2010
Luckily, this month there is only one lodgment date to be aware of - leaving you plenty of time to get your
finances in order for the end of this financial year.
21 Jun 10
Activity statements
May 2010 monthly
activity statements: final date for lodgment and payment.
30 Jun 10
End of financial year.
For... more
RBA Keeps Interest Rates at 4.5%
01st June 2010
Finally, a pause.
The Reserve Bank of Australia announced they will not be raising interest rates
this month. The cash rate remains at 4.5%, but economists are speculating it will be back on the move
before we know it.
View the RBA Media Release. more
25th May 2010
Over 80% of Australians travel for work or business by car, with Sydney and Melbourne having the highest
commute times. To appeal to the commuter population’s need for comfort and convenience, car
manufacturers have developed new features and improved existing options. Features previously limited to
luxury cars are now... more
Federal Budget for You and Your Business
18th May 2010
Last week, Wayne Swan presented his third Federal Budget. There were no major surprises, since most benefits
affecting small businesses were disclosed during the Henry Tax Review. Overall, the budget was tame and
conservative as predicted, with the government clearly focused on one goal: to get Australia back into
surplus... more
Henry Tax Review Benefits Cashflow
11th May 2010
Treasury Secretary Ken Henry recommended that small businesses should be able to claim purchases of up to
$10,000 in full the year they are acquired. The government has taken this suggestion on board, but reduced the
purchase amount to $5000. If the plan is passed by the parliament, small businesses... more
04th May 2010
The Reserve Bank lifted interest rates today for the third consecutive month. The cash rate is now at 4.5%,
with Glenn Stevens stating that it is finally at “average levels.”
This means an additional $50
per month for Australians with a $300,000 25 year mortgage.
Rates are now higher than they... more
03rd May 2010
While most Australians were enjoying a sunny weekend, the government was behind closed doors in Canberra,
preparing a response to the Henry Tax Review. The policy was released on Sunday May 2nd, in what was rumored
to be the biggest tax-related event of this generation.
The GAIN:
The aging and low income... more
Important Accounting Dates for May
01st May 2010
Below are the accounting dates you need to be aware of for this month. For more information visit ATO.
12
May 2010
Activity statements
Quarter 3 (January - March 2010) activity statements: final date for
electronic lodgment and payment. Refer to Lodge your activity statements online for information on your
eligibility for this... more
Flight Ban Recap: Ailines lose $1.7 Billion
27th April 2010
Last Wednesday, flights over Europe resumed following 5 days of closed airspace over Europe due to the
eruption of an Icelandic volcano. This was the largest disruption in air space traffic since the terrorist
attacks in US on September 11, 2001.
Airlines are far from being in the clear, with tough... more
23rd April 2010
Morris Finance will be closed on Monday, April 26th 2010 for ANZAC Day.
We wish all our clients and their
families and happy and safe long weekend.
As a proudly Australian company, we are encouraging all our
staff, clients and their families to help celebrate the achievements of our nation... more
20th April 2010
The housing bubble worries have been brewing for some time now, especially after prices soared over 13% last
year. However, on March 29th RBA Governor Glenn Stevens brought those worries to the surface with his first
ever TV interview on the Sunrise Morning Show.
Stevens’ choice to emphasize his... more
Revised R&D Credit Benefits SMEs
13th April 2010
Here is the recent timeline of changes and amendments affecting the Research and Development Tax Credit
Scheme:
December 2009:
The government puts forth a first draft of proposed changes to the Research &
Development Tax Credit. This is followed by heavy criticism, mainly caused by the new definition of eligible
activities.
Old... more
06th April 2010
The Reserve Bank lifted interest rates to 4.25%, a 25 basis point increment since last month’s rise.
This marks the 5th cash rate increase since October 2009, with the average monthly mortgage bill going up
around $200.
The RBA cited similar reasons for their decision as in previous interest hikes:
... more
06th April 2010
The world of technology is bursting at the seams with its latest wonders. The 2010 Consumer Electronics Show
featured some of the coolest toys for today’s business professional. Here are the gadgets that
we’re keeping our eye on:
Asus Eee Keyboard PC:
As the name implies, this is a fully... more
Important Accounting Dates for April
01st April 2010
Here are the important accounting dates from the ATO to keep your business compliant throughout
April:
APRIL 2010
21 Apr 10
Activity statements
March 2010 monthly activity statements: final date
for lodgment and payment.
Quarter 3 (January - March 2010) activity statements containing a monthly GST
obligation: final date for lodgment and payment.
Quarter 3 (January... more
30th March 2010
It's that time of year again when the offices of MFL will be closed for public holidays.
Please be advised
the office will be closed on the below dates and will re-open for business on the 6th of April 2010.
Friday
2nd of April - Closed for Easter Friday
Saturday 3rd of April... more
29th March 2010
The various demographics of Australia reacted differently to the economic downturn. CBA’s new Economic
Vitality Report “Viewpoint” looked at spending trends over the past year.
Chief Economist Michael
Blyth commented that “contrary to many perceptions, the GFC had a divergent impact across different age
groups in terms of perception as well... more
Do you dread the Business Plan?
22nd March 2010
“Running or starting a business without a business plan is like walking through the dark without a
torch. You can probably go a long way using just your senses and relying on basic instincts. But operating in
such a manner leaves you wide open to the risk that something will... more
FWO Visits Clipsal 500 V8 Race
12th March 2010
Earlier this year, the Fairwork Ombudsman inspectors announced that they will conduct 50,000 workplace visits
throughout Australian businesses. This shocked and created some uneasiness with most SME’s.
However,
chief FWO officer Bill Loizedes was quick to respond ensuring that the visits “are meant to be
non-confrontational and they are educative." He... more
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
