Occupational burnout in the workforce

In today’s fast-paced business landscape, the wellbeing of your employees is paramount. While you can provide subsidised gym and health insurance access, offer free massages and healthy food at your business premises, and work to reward employees effectively for their hard work, keeping your personnel thriving comes down to keeping issues at bay, too. As a … Read more

Options for adding to your super

Adding to your super You can boost your retirement savings by making voluntary super contributions, such as by: setting up a salary sacrifice arrangement with your employer making personal super contributions (and a non-concessional contribution may make you eligible for the government’s super co-contribution) transferring any super you have in a foreign super fund arranging for your spouse to contribute to your … Read more

Navigating client confidentiality: Best practices in privacy

Financial institutions collect, process, and handle many personal details about their clients, including identification information, bank account numbers, biometric data, transaction history, and more. Understanding client confidentiality and protecting privacy is imperative, as it helps build trust and assists with necessary legal compliance.  What is client confidentiality? Client confidentiality refers to the ethical and legal … Read more

Managing your financial health

Understanding financial health Financial health is an important part of our lives. When we take care of our financial health we can better manage financial stress and achieve our financial goals.   Financial health is made up of three components:  the ability to meet everyday commitments like paying your bills and making loan repayments the resilience … Read more

Protect yourself from scams

Scammers are skilled at tricking you out of your money. Knowing the signs of a scam can help you identify when something doesn’t feel right. Scamwatch, run by the National Anti-Scams Centre (NASC) says: Stop – Don’t give money or personal information to anyone if unsure Think – Ask yourself could the message or call be fake? … Read more

How to decide your salary as a solo entrepreneur

Working for yourself is a great way to reestablish your work-life balance while making a great living. Becoming a solo entrepreneur can be rewarding, too, as your income is determined by your own effort and ingenuity.  However, many solo entrepreneurs struggle to set their salary. This means that some fail to reinvest their profits into … Read more

Tax changes – what it will mean to me

Prime Minister Anthony Albanese has announced proposed changes to address ongoing cost of living pressures with all 13.6 million Australian taxpayers receiving a tax cut from 1 July 2024, compared to the tax they paid in 2023-24.i Now is the time to assess what it means to your hip pocket and what implications it may … Read more

ADRIAN GARRONE

MANAGING PARTNER

B.Com, CA, MBA

Email:  adrian@advantageaccountancy.com.au

Adrian began his career working for the Australian Taxation Office as an Assessor in 1986. A decade later he set up his own accountancy practice in Cairns and has been a public accountant since that time.

Over the years, Adrian has grown from invaluable experiences in business to become an exceptionally astute businessman. This is demonstrated not only by the success of his own accountancy practice, but also through his successes as a developer, franchisee and Director of the National Basketball League. Some of his accomplishments in business include opening the first Bakers Delight franchise in Cairns and steering the Cairns Central Muffin Break store to the top of the state in sales during his ownership.

As a hands-on business owner, Adrian understands the challenges, both big and small, faced by business owners. With over 25 years in the accounting and financial arena, he has developed long standing relationships with some of Cairns’ leading small businesses. His unique ability to interpret a business’ financial stand point and consider options available to them provides his clients with personalised advice specific to their needs.

Adrian is a Chartered Accountant, Registered Tax Agent, Fellow Chartered Financial Practitioner and has also completed a Masters of Business Administration (MBA) through Deakin University.

Liability limited by a scheme approved under Professional Standards Legislation