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Pherrus Champions Women’s Rugby in Fiji

SYDNEY, Australia – In a move that merges the spirit of competition with the celebration of women’s achievements, Pherrus Financial Services proudly announces its sponsorship of the Fiji Secondary Schoolgirl’s Rugby League. This initiative arrives just in time for International Women’s Day, reflecting the firm’s commitment to women’s empowerment, with the Pherrus For Her program. …

Payroll Tax Changes for Medical Practices – Get up to Speed

There has been a recent change to payroll tax that applies to medical practices and practitioners, including dental clinics, radiology centres, physiotherapy practices, and other similar businesses. It comes down to the State Revenue Office’s definition of ‘employee’ and ‘contractor’. It is the employer’s responsibility to deduct a percentage of each employee’s wages as payroll…

Can I Get a Business Loan?

Are you tired of waiting for your business dream to take flight? A business loan could be your “plane” ticket, so to speak!  Don’t let confusion or doubt about the business loan application process hold you back. In this guide, we’ll break down the four steps you need to take to become a prime candidate…

Accounting for Marketing Agencies

As a marketing agency, you know the power of a well-executed advertising campaign to boost brand awareness and drive sales. On the other hand, you also know that a poorly managed ad campaign can drain resources.  Similarly, good accounting can fuel your business’s growth, but neglect it, and you could hit a wall! According to…

Accounting for Home Builders

Could you build a structurally sound house without building plans? Impossible!  The same goes for your building business- running a successful company without proper accounting is impossible!  The construction industry contributed to 9% of all goods and services produced in Australia in 2022. This statistic highlights the industry’s significant role in the economy, meaning there’s…

What Is a Fringe Benefit? A Guide

A fringe benefit is a form of compensation provided to employees that goes beyond their normal salary or wages. These benefits can include things like health and dental insurance, life insurance, disability insurance, housing allowances, education assistance programs, childcare programs, employee discounts, and more. Fringe benefits are usually provided by employers to attract and retain…

Property Development Finance

The first step to getting a new property development off the ground is to ensure the project is properly financed. Many developers, particularly inexperienced ones, underestimate how much capital they need, which can result in costly delays and project overruns. In this article, we are going to explore finance for property development. We’ll discuss what…