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Synectic blog

News from Synectic

Welcome, to our new and regular Synectic News readers. 

This month we have some simple tips to get the cash flowing in your business, and an update regarding Single Touch Payroll. Vaughn shares his thoughts on Artifical Intelligence and how it might impact our personal lives, and we ask you to think about where your superannuation death benefits will go when you pass away (it's probably not your favourite topic, but it might be simpler to deal with than you think).

Also, our Financial Advisers are pleased to offer a new service, providing you with a simple way to get the best rates on term deposits. Find out more below or contact us now.

A simple way to get the best rate for your term deposit 

Term Deposits are a low-risk investment option, but finding the best interest rates, worrying about re-investment dates and wading through paperwork can be a real hassle! 

Synectic can take all that worry away.

With one simple application, Synectic will oversee your Term Deposits from start to finish and ensure you get the most competitive rates.


Learn more >

STP reporting requirements extend to small and micro businesses

The extension of Single Touch Payroll (STP) requirements to employers with 19 or less employees has finally passed both houses of Parliament. 

From 1 July 2019, STP reporting will become compulsory for all Australian employers. Are you ready?


Learn more >

Who is in control of your super when you die?

Did you know your superannuation death benefit is dealt with separately to your Will?

When you pass away, the trustee of your super fund will direct what happens to your death benefit. If you haven’t left appropriate instructions, the trustee will have to decide who to pay your death benefit to.

So, how do you ensure your death benefit goes to your loved ones according to your wishes?

Learn more >

Artifical Intelligence is here, but maybe it’s not so scary

Exactly how AI will develop to impact our lives and businesses, and how soon changes will occur, is difficult to envisage. However, what seems safe to assume is that this “fourth wave of industrialisation” will save us a lot of time.

Learn more > 

8 smart ways to manage your debtors for business success

Cash flow is critical to your business’ survival. Paying suppliers and salaries, investing in infrastructure and growth – if you don’t have the cash, your business is in trouble.

Luckily, there are some simple things you can do right now to start getting paid on time.

Learn more > 

Synectic and Battelscars: fighting mental and physical illness

#teamsynectic are supporting Battlescars Foundation Tas to help fight mental and physical illness.  The Big Charity Ride is on 23rd March 2019 and we'll be there to help out. Gareth will even be riding the168kms!

We're raising funds and also seeking donations of items to be auctioned at the post-ride dinner.

If you can help, please get in touch.

You might also be interested in:

Insurance: Protecting what you have

How much attention do you give to your insurances?

Whether you are working or retired, these simple tips can help you protect what you have.

Read more at Centrepoint Alliance > 

2019 will ‘make real waves’ for Aussie small businesses

Is 2019 shaping up to be a repeat of last year on the key issues for small businesses?

It doesn’t seem likely. Here are some initiatives set to shift the small business landscape across Australia.

Read more at Xero > 

We love hearing from you!

Send us an email, visit our website, or join the conversation on social media.

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Please consider your personal circumstances and seek appropriate advice...

Information on this webpage has been prepared on a general advice basis only. The advice has been prepared without taking account of your specific objectives, financial situation or needs. Accordingly, you should, before acting on the advice, consider the appropriateness of the advice having regard to your objectives, financial situation and needs. In cases where the advice relates to the acquisition, or possible acquisition, of a particular financial product, you should obtain a Product Disclosure Statement (or other relevant information statement) and consider such document before you make any decision about whether or not to acquire the product. Self-managed superannuation funds are not cost competitive for lower balance accounts and are not appropriate for all investors due to the time, cost and responsibility involved in managing an SMSF. For these reasons, it is imperative that you seek advice from your financial adviser before making any investment decisions.

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