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Moree Ph: 0267 591000 Bingara Ph: 0267 241677 Warialda Ph: 0267 291216 |
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reception@candw.com.au |
Success for Local Wheat Growers. The Moree Dryland Wheat Crop competition winners were announced in the Border News recently. With more than 35 crops entered from across the district it was pleasing to see that our clients faired very well. Moree East Division winners were Rob and Dave Anderson of Maneroo Pastoral Co and the Moree West Division runner up was Darryl Bartelen of Krui Plains. What a great result. Congratulations
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Flood Relief Under the NSW Disaster Relief Arrangements The following flood relief schemes are available: · Personal Hardship and Distress Assistance (Community Services) – Grants are available for eligible individuals or families with limited financial resources and no insurance whose homes and essential household items were destroyed or damaged from a natural disaster. · Primary Producer loans (NSW Rural Assistance Authority) – Loans of up to $130,000 at a concessional interest rate of 2.77% are available to meet carry-on requirements and to replace or repair damage not covered by insurance, subject to eligibility requirements. · Primary producers – Transport Subsidies (Department of Primary Industries) – Subsidies of up to 50% to a maximum of $15,000 per annum are available on the cartage or livestock and fodder. · Small Business Loans (NSW Rural Assistance Authority) - Loans of up to $130,000 at a concessional interest rate of 2.77% are available for affected small businesses, subject to eligibility requirements. · Motor Vehicle Stamp Duty Relief (The Office of State Revenue) – The stamp duty on vehicles purchased to replace vehicles written off due to damage from a natural disaster may be refunded where the vehicle was comprehensively insured and the insurance did not cover stamp duty on the replacement vehicle. The ATO has announced that they will give special consideration to those affected by the floods and are willing to provide extensions for lodgements and payments.
Should you have any questions regarding the flood assistance available to you, please contact this office Back to Top
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Changes in the Government Guarantee on Term Deposits Below are some extracts of key points: · A permanent guarantee of $250,000 for deposits will be in place effective from 1 February 2012. · The $250,000 cap applies per person, per Australian deposit-taking institutions. · All deposits will continue to be guaranteed to $1 million until the new scheme comes into effect on 1 February 2012. · Existing term deposits which existed on 10 September 2011 will be covered up to $1 million until 31 December 2012 or until the deposit matures — whichever occurs sooner. It may be well worthwhile for investors with term deposits over $250,000 to consider strategies to deal with these changes. However before making any decision to spread your term deposit investments across financial institutions consideration should also be given to cost of switching.
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50 years of Service 21November 2011 saw long time employee of C & W Partners, Doug Tickle, celebrate 50 years of service with the firm. Doug began work in 1961 with Cummins & Wallace and apart from a couple of years National Service has been with our firm ever since. Doug has seen many changes in operations over the past fifty years from the days of manual accounting to the implementation of computers and the hi tech equipment of today. Lots of staff have come and gone, so too Partners of the firm. In the past few years Doug, and his wife Ros, have had many travels around our great land and now have begun to see the wider world having visited both NZ and Fiji this year.
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