When we see the Apple Inc logo we often think of Steve Jobs, but this week I’m thinking about Steve Wozniak (AKA The Woz) who was the co-founder of Apple Inc!

Steve is speaking at the Pivot Summit in Geelong tomorrow and I am proud to be an event volunteer – how exciting?

The Pivot Summit is a one day event providing insights into emerging technology (you can read about it here) and when I first found out about it I was surprised at the talent speaking at an event so close to home.

When you decide to play in a space that is new to you (like me and tech!), it’s ever so important to absorb all the information you can, to put yourself in situations where you can learn and meet people, and to take these opportunities when they arise.

Have you ever volunteered at an event so you could get close to the action? Tell me about it…

Regards

A few years ago I wrote a post explaining who the Reserve Bank of Australia (RBA) are – you can read that here if you’d like a refresh!

Today sees the RBA make their final announcement on monetary policy for the 2017 year, and if you want to be first to know what happens, make sure you keep an eye on The Tax Chic’s Facebook page.

The announcement, to be made at 2.30pm this afternoon, is expected to see interest rates remain on hold for another month, at just 1.5% being the rate applicable since August 2016.

Will this be the case? We’ll find out soon enough – oh, and remember there’s no announcement in January but the RBA will be back on the first Tuesday in February.

Regards

For some it’s the last day of November, for others it’s the night before they put their Christmas tree up and for many it’s just a Thursday – but for me, today is “birthday month eve”!

I was born on 2nd December, so my birthday is this Saturday, but I tend to celebrate for a full month. In truth, celebrations started last weekend when I had the chance to spend time with some friends at a concert, and this year they’ll likely conclude before Christmas (Christmas is really important now that we have an almost 3 year old in the family!)

My birthday is shared with my Mum, and I often feel a little ‘funny’ celebrating when Mum isn’t here to participate – but in recent years I’ve learned to remember the good times we enjoyed and I really embrace the special connection formed by having the same birthday.

Happy birthday to all Sagittarius out there, I hope you enjoy your celebrations this month!

Regards

Last week in Warrnambool, we had a visit from Senior Account Managers in Xero – this was a real treat as it’s usually me going to Geelong or Melbourne to hear from them.

During the presentation, they shared an update on the happenings at Xero as well as some interesting statistics on Xero usage, and I thought you may like me to share them with you:

At 30th September, 2017 there were 1,199,000 subscribers to Xero across the world.  Of these, 518,000 were based in Australia.

If a file has been well established, up to 86% of transactions in the bank feed are able to be correctly coded automatically (via matching and bank rules) – this heavily reduces the time a business owner needs to spend on their bookkeeping.

In files where bank rules are not utilised and if clients have not been educated – in the past 12 months around 77 million transactions have been recoded – this means the initial transaction was coded incorrectly and had to be reallocated by the accountant.

What does this mean for you?  Hopefully you’re thinking “Wow, I need to get on this Xero thing – but who can help me?”

The answer: ME

Simply contact The Tax Chic and let me help establish your file and educate you in one of the most popular accounting software programs in the world!

Regards