FinKonsel- Accountants and Business Advisors

22/03/2026

𝐂𝐥𝐚𝐢𝐦𝐢𝐧𝐠 𝐦𝐨𝐭𝐨𝐫 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐞𝐱𝐩𝐞𝐧𝐬𝐞𝐬 𝐮𝐬𝐢𝐧𝐠 𝐜𝐞𝐧𝐭𝐬/𝐤𝐦 𝐦𝐞𝐭𝐡𝐨𝐝

Like 2025, the eligible rate for claiming motor vehicle expense on cents/km method will remain at 88 cents in 2026.

Back of paper calculations suggest that most wont benefit using the cents/km method. It might be better to claim the expenses using the logbook method. And April would be a good time to start maintaining the logbook for a continuous 12 weeks. Individuals may maintain the logbook using ATOs app

Use myDeductions, the free record-keeping tool in the ATO app that makes it easier to keep records in one place.

18/03/2026

Celebrating 20 years

23/02/2026

𝐁𝐮𝐲𝐢𝐧𝐠 𝐫𝐮𝐫𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐢𝐧 𝐒𝐌𝐒𝐅

Many business owners buy a mixed use property for private use while running the business from it. An illustration would be a a chef buying a building which has his restaurant on the ground floor and his residence on the floor above.

The story however changes, when buying large blocks of land. These are typically located in rural areas. Under the safe harbour rules, farmers may buy land (limited to 2 Ha) which has a residential property to use in their primary production business.

Whilst this strategy may open excellent opportunities for retirement and tax planning, care should be taken that the investment remains compliant and appropriate at all stages of life and there is aplan in place for when member situation changes.

For more info
Call 02 7813 1347
Email [email protected]
Visit www.finkonsel.com.au

10/02/2026

FinKonsel- Mortgage Brokers is getting busier with commercial loans

https://www.facebook.com/share/p/17eHWWkguY/

10 days into February and we are already busy with a few commercial deals.

Illustration of some that are proceeding to application:

1) Development finance: Knockdown of existing house and develop the block into 4 townhouses

2) Industrial land purchase for future development

3) SMSF purchase of a Medical Centre

4) Purchase of a retail business

5) Cash flow lend for a business to do supplement their growing need

Email: [email protected]
Phone: 02 7813 1347

08/02/2026

This is what ChatGPT suggested for a finance professional who loves family and travelling.

Do you agree?

06/02/2026

ATO refunds monies to Australian bank accounts only.

Those seeking funds otherwise will be paid by cheque only

23/01/2026

Was reviewing the journey of successful investors whom I work with.

The following is the summary:

Its not important what type of asset one bought.

What is critical is
1) The purchase price and
2) When it was bought.

27/11/2025

Another govt tool to increase property prices

Federal govt's equity share scheme to be launched on 5th Dec

My take
1) Despite the 2% deposit requirement, most wont be able to buy $1M+ properties because they wont meet the 6 DTI lending requirement.
2) The announcement impact will increase demand in cheaper suburbs and cities.
3) Very few lenders will be participating. And lack of bank branches will make borrowing difficult.

25/07/2025

25/07/2025

A feather in FinKonsel- Mortgage Brokers cap

Its celebration time when a client replies with an encouraging email in response to a routine settlement communication.

Over June/July we assisted the builder with 3 loans. And now to their next 3.

Lending for businesses needs a lot of planning. Its not a typical loan. Its a strategic drip feed. And a lot of behind the scene work

05/07/2025

An ancient Indian book, Arthshashtra, suggested the foundation of every success lies in planning. The scouting motto is also "be prepared". So why are many investment decisions not a result of a strategic thought process and planning?