MaxGrowth HQ

☕ Coffee Stop of the Week — Espresso Haus Co.

A good cup of coffee can be a small moment, but supporting a local business can make a bigger difference.

This week’s coffee stop was at Espresso Haus ☕ — another great local spot to enjoy good coffee, great service and take a little break from the busy week.

At MaxGrowth, we believe business is ultimately about people. Behind every small business are people with passion, purpose and a commitment to serving their customers. That’s why we love taking the time to discover and support local businesses in our community.

Every coffee, every visit and every recommendation is a small way of encouraging local businesses to keep growing.

Last year, on average around four people attending open homes. This year, around two people!

Housing values are expected to keep falling, particularly if the Reserve Bank lifts interest rates again!

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Housing downturn accelerates as 93pc of capital city suburbs record decline Australian house prices have fallen for a fifth straight month, according to property data firm Cotality. It says the downturn has now spread to 93 per cent of suburbs in the nation's capital cities.

Businesses can offer discounts for cash payments so long as they report the income for tax purposes!

Consumers who spot excessive payment surcharges can directly report those businesses to the ACCC!

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Card surcharges end on October 1. Here's everything you need to know Businesses will no longer be allowed to surcharge customers for the cost of accepting payments through Visa, Mastercard, or eftpos.

The Australian Government has been under increasing pressure to tackle housing affordability!

Rising interest rates means homes are not getting more affordable even as prices decline!

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‘Take the money and run’: Sydney sellers cut prices as rates, tax changes crack Australia’s housing boom Australian government under increasing pressure to tackle housing affordability Read more at The Business Times.

Thousands of Australia's most vulnerable businesses are struggling to manage their debt under the cost of living crisis!

Two thirds of cases seen by the helpline involved a debt to the Australian Taxation Office

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New data lays bare small business debt struggle amid cost of living crunch New data has revealed thousands of Australia’s most vulnerable businesses are struggling to manage their debt under the cost of living crisis.

Food delivery and rideshare platforms do not automatically withhold tax!

The money lands in your account can feel like extra spending money, but part of that really belongs to the tax office!

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Aussies chasing extra cash warned over popular side hustle: 'Biggest mistake' Yahoo News Australia modelling reveals how a new $31.30-an-hour safety-net side hustle can effectively shrink to about $10 an hour after unpaid time, tax, and vehicle costs.

Thanks for visiting MaxGrowth HQ, ci Agnes and Ko Sen sen

It was such a great catch-up after more than three years since our last short catch-up in Medan. So much has happened in between, and there was certainly plenty to talk about — from going through the family tree, to business, life, property, and everything in between! 😄

Family, friendships, and the opportunity to reconnect are truly blessings that we should never take for granted. Time really does fly, but moments like these remind us to be grateful for the people God places in our lives and the journey we get to share together.

Thanks again for making the time to visit. It was a real blessing to catch up after all these years.

There is no minimum value of sales that triggers taxation obligation in Australia!

If you are running a business, you will need to declare income and can claim allowable expenses!

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When is selling clothes or other items online a hobby vs a business? These are the tax rules When do you need to declare online sales income to the tax office? The answer can be as messy as your wardrobe – so two experts explain what you need to know.

More than a third of Australians intend to put their tax return into savings!

Australians could use tax time as a reminder to review their household expenses and identify other opportunities to save money!

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Tax time relief: Refunds set to bolster household budgets as Aussies battle rising cost-of-living Many Aussies are set to stash, not splash, their tax return.

Household goods spend was strong, supported by promotional activity at online marketplace!

But falling house prices in particular could weigh on consumer spending going forward!

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What Aussies are happy to pay for Falling house prices and overall cost-of-living pressure have failed to slow down Australian household spending, which may worry the RBA.