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December 2010

 
   
How good a leader are you? Paid Parental Leave Scheme. Financial Planning for Women How Harry’s Super Saved the Family Home Home Health Check
 

How good a leader are you?

The key to great success in business has always been to gather a great team around you. That team includes your staff, your professional advisers, and your suppliers. But even with a great team, some businesses don’t do as well as they could or should. Why? Because they don’t have a great leader!

As the owner of a business, you have to become a leader. Whether you enjoy the role or not, and how effective you are as a leader will have a direct result on the success or otherwise of your business. As the leader of your organisation, you are directly responsible for the commitment and productivity of your team. Here are a few tips to help you get the most out of your team.

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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au

Paid Parental Leave Scheme
What Employees and Employers need to know

The Gillard government’s new Paid Parental Leave Scheme (PPL) takes effect from 1 January 2011. The scheme is quite complex, and to make it a little more understandable, we have summarised some of the basics.

A parent who has a child (either by birth or by adoption) after midnight on 31 December 2010 may be eligible to receive Paid Parental leave payments.

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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au

Financial Planning for Women

At Prime Partners, we are noticing an increasing trend of women coming to us for advice about planning their financial futures irrespective of whether they’re single or in a relationship.

Quite apart from the fact that many of our planners are good looking guys, the other attraction is that women need to carefully plan their finances for the following reasons:

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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au
 

How Harry’s Super Saved the Family Home

Harry is a manufacturer of specialised components used in the automobile industry.  His business is relatively small, employing 6 staff and turning over $1.5m per year.  But he was doing OK, making a comfortable living.  He owned his home outright and had purchased the small factory premises that he operated his business from. Everything was looking good - until the Global Financial Crisis hit and the demand for cars, (and therefore the demand for his components) fell through the floor.

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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au

Home Health Check

Your car gets serviced at the mechanics, your teeth checked at the dentist, but when is the last time you booked your home loan in for a health check?

A regular home loan health check ensures you're still getting the best deal and the maximum benefit out of your biggest investment. As your personal circumstances change over time, it's important to make sure your home loan meets your needs and evolves with your lifestyle.

Here's what a health check might uncover about your loan. You may need to, or be able to:

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This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au

Welcome Back

To our senior adventurer, Geoff, who has returned safely from a trek through the Mountains of Nepal. He hiked to Everest Base Camp and went on to climb 2 different mountains – Kalapathar (5,800m above sea level) and Island Peak (6,185m). Geoff says it was the hardest physical thing he’s ever done. He’s never going to complain about the walk from his office to the photocopier again! 

Welcome to the Team

We would like to welcome a new member to our team Effie Balomatis who has joined our Administration team. Effie is working closely with the Financial Planners and David in the Super Services Division, whilst also helping out in general admin. A very busy lady. Welcome Effie! 

Melbourne Cup Celebrations

As always, Prime Partners knows how to have fun! We went out for lunch, enjoyed the race and Steve McCosker one of our Financial Planning Director’s, was the absolute star for the day. Winning not one but two sweeps - Lucky fellow!

It's Christmas Time!

Thank you to Sharon Wee a lovely client of Prime Partners who brought in this beautiful cake for our team to share for Christmas. Not only did it look great, it tasted even better. www.sharonwee.com.au

 

Merry Christmas and a Happy New Year from the team at Prime Partners.

This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au
 

Important Dates

1 January New Year's Day
21 January PAYG instalment activity statement
26 January Australia Day
27 January NSW School Holidays end
28 January

Quarter 2 (Oct-Dec 2010)

• Superannuation Guarantee Contributions to be made.

14 February

Valentines Day
28 February Quarter 2 (Oct-Dec 2010)
• Quarterly BAS due
• GST instalment due
• PAYG instalment due
17 March St Patrick's Day
9 April NSW School Holidays begin
22 April Good Friday
24 April Easter Sunday
25 April Anzac Day
26 April NSW School Holidays end
26 April Easter Monday Public Holiday
28 April Quarter 3 (Jan-Mar 2011)
• Quarterly BAS due
• GST instalment due
• PAYG instalment due
• Superannuation Guarantee Contributions to be made
21 May Fringe Benefits Tax due
31 May Solicitors Trust Account Audit Report due
13 June Queen's Birthday Public Holiday
30 June End of 10/11 Financial Year

 

This newsletter is provided for general information only. Before taking any specific action please contact your Prime Partners advisor on 02 9879 7005 or service@primepartners.com.au
 
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