• The place to find the right expertise and make better decisions
  • Find the right expertise

About Me

simplyaskit

Business Advisor
www.simplyaskit.com.au
North Sydney, New South Wales
The place to find the right expertise and make better decisions.

simplyaskit is an open and interactive platform where everyone has a voice to collaborate, share knowledge and more efficiently find industry experts who provide a superior service.

Registered users can conveniently ask questions, obtain helpful answers, share stories and access the information they need to make better decisions.

Industry experts across a wide range of industries can create an open profile, answer questions, publish content and share stories to showcase their expertise and create new business opportunities.

simplyaskit mission is to build a trusted marketplace for people to find the rigt expertise

My Activity

question
Q: Consider for a moment or two.

In 2008 (GFC) the Australian Government gave a guarantee on bank deposits to Australian Financial Institutions to the tune of $600B. It was in the eyes of the Government a necessary initiative to shore up local confidence and protect the nation’s international competitiveness and funded by taxpayers.

Fast forward 10 years and Australia is drought-stricken.

The big four banks in Australia now have a combined market value of approximately $384B. When you consider, 82% (20,500,000) of Australian’s are over the age of 15, the $384B represents a value of $18,731 per person.

As a Friday 3 August 2018 the big 4 banks have donated $3,300,000 to The Big Drought Appeal to help the Australian Farmers.

• Commonwealth Bank - $2M
• ANZ - $1M
• Westpac $200,000
• NAB - $100,000

Using the same parameters as above their donations represents $0.16c per and 0.0008% of the value each person over the age of 15 delivers to the banks.

We’d love to get your thoughts. Are the bank's donations fair and reasonable or should they be donating more?
answered
Q: In light of our recent question about government and community support for our farmers experiencing tough times with the drought, massive kudos to the Panthers Group who have announced a donation of over $100,000 to drought-stricken farmers in central –western New South Wales.

The donation was made through Macquarie Radio’s The Big Dry Drought Appeal - https://www.2gb.com/panthers-donate-over-100000-to-drought-stricken-farmers/

Well done Panthers
A: Commonwealth Bank announces a $2M donation to help farmers. The funds will go to the Red Cross National Fundraising Appeal and Rural Aid's Buy a Bale

A big thumbs up to the Commonwealth Bank

https://www.2gb.com/cba-will-donate-2-million-to-support-drought-stricken-farmers/
answered
Q: In light of our recent question about government and community support for our farmers experiencing tough times with the drought, massive kudos to the Panthers Group who have announced a donation of over $100,000 to drought-stricken farmers in central –western New South Wales.

The donation was made through Macquarie Radio’s The Big Dry Drought Appeal - https://www.2gb.com/panthers-donate-over-100000-to-drought-stricken-farmers/

Well done Panthers
A: Here is a little more information about The Big Dry Drought Appeal

Macquarie Media, Fairfax Media and Buy A Bale have joined forces to launch The Big Dry Drought Appeal.

By making a cash donation to Buy A Bale, you’ll be helping farmers in a direct and immediate way.

Click here to donate to Buy a Bale - https://www.buyabale.com.au/

Check out the video showing what many of our farmers are going through

https://youtu.be/4jtUvI-gdkg
question
Q: In light of our recent question about government and community support for our farmers experiencing tough times with the drought, massive kudos to the Panthers Group who have announced a donation of over $100,000 to drought-stricken farmers in central –western New South Wales.

The donation was made through Macquarie Radio’s The Big Dry Drought Appeal - https://www.2gb.com/panthers-donate-over-100000-to-drought-stricken-farmers/

Well done Panthers
blog post
Meet Finance Broker Rebecca Mitchell from Awesome Lending Solutions in Gordon, Sydney
Welcome, Rebecca,
How long have you been a finance broker and where is your business located?
I have been in the mortgage industry for over 22 years & spent 9 years of it as a broker. Our aw ...
answered
Q: Our farmers continue to experience tough times due to drought. What suggestions do people have in relation to Government and community assistance to help provide some relief?
A: The Big Dry Drought Appeal

Macquarie Media, Fairfax Media and Buy A Bale have joined forces to launch The Big Dry Drought Appeal.

By making a cash donation to Buy A Bale, you’ll be helping farmers in a direct and immediate way.

Click here to donate to Buy a Bale - https://www.buyabale.com.au/

Here's a little video that shows what many of our farmers are going through

https://youtu.be/4jtUvI-gdkg
question
Q: Our farmers continue to experience tough times due to drought. What suggestions do people have in relation to Government and community assistance to help provide some relief?
blog post
Meet Finance Broker Scott Howell from mobilelender.com.au
Welcome Scott
How long have you been a finance broker?
I joined the industry in March 2016
Why did you choose to become a finance broker?
I’ve always had an interest in property and fina ...
blog post
Meet Mortgage Broker Bernard Desmond from Loan Market Narree Warren in Victoria
Welcome, Bernard,
What is your occupation?
Mortgage Broker 
What is the name of the business?
Feedback Finance, T/as Bernard Desmond, Loan Market
Where is the business located?  ...
blog post
Meet Property Manager Brad Minhinnick from Link Living in Fortitude Valley Brisbane
Welcome, Brad,
What is your occupation and what services do you provide? 
Property management: Finding tenants, collecting rent, chasing rent arrears, managing maintenance. 
What ...
video
Your broker behind you - Mortgage Finance Association of Australia

question
Q: Should financial literacy such as savings plans, credit scoring, personal finance, credit cards, interest rates, home loans, interest calculations, buying and selling and the value of money all form an important component of the high school curriculum?
question
Q: News: Westpac, and its subsidiaries Bank of Melbourne, St George Bank, and BankSA, will no longer offer Self-Managed Super Fund loans for new consumer or business lending.

https://www.mortgagebusiness.com.au/breaking-news/12450-westpac-pulls-out-of-smsf-loans
blog post
Meet Ian Mayer, the boss at Chatswood Toyota
Welcome, Ian,
What’s your occupation?
Managing Director Chatswood Toyota.
Where is the business located?
We’re very fortunate to have a high profile at 728 Pacific Highway Chat ...
blog post
Meet Mortgage Broker Amy Ferguson from Inca Mortgage Solutions in South Perth
Welcome Amy
What is your occupation and what services do you provide?
As a mortgage broker I help investors and home buyers achieve property ownership.
What is the name of the business?
Inca Mortg ...
blog post
Meet Financial Planner Andrew Debono from the Announcer Group
Welcome, Andrew,
What is your occupation and what services do you provide?
Financial Adviser | Investment Strategist | Risk Mitigator | Football Tragic
Name of Business?
Announcer Group
Where is ...
blog post
Meet Accountant Jenny Thai from Pymble in Sydney
Welcome Jenny
What is your occupation and what services do you provide?
Accountant/Business Advisor/Tax Agent (also part-time counsellor and psychologist!!!)
What is the name of the business?
JTR ...
blog post
simplyaskit in the press - Hunter and Bligh
We very much appreciate the article written by Simon Hoyle in Hunter and Bligh.
Ask a stupid question … get a better answer
As luck would have it a week or so earlier I’d met Pa ...
blog post
Meet Property Manager John Gilmovich from Real Property Manager in Five Dock Sydney
Welcome John
What services do you provide?  
Leasing and property management of residential & commercial property.
What’s the name of the Business?
Real Propert ...
blog post
Meet Mortgage Broker Nathan Osinski from Osinski Finance in Baldivis Western Australia
Welcome Nathan
What is your occupation?
Mortgage Broker
Name of Business?
Osinski Finance
Where is the business located?
Baldivis, Western Australia
How long have you been in the finance indust ...
question
Q: It is reported 75% of Australians over the age of 65 receive the full or part pension from the Government.

Compulsory superannuation was introduced into Australia in 1992 (26 years ago) for employees to have a percentage (now 9.5%) of their income invested into a superannuation fund to help fund their retirement years. The desired outcome was for people to be self-funded retirees as opposed to being reliant on government pensions.

The superannuation industry is a $2.6 trillion dollar industry with something like $26B of fees paid annually.

If after 26 years, 75% of Aussies over 65% are still reliant on the government it begs the following questions

1. Is the current superannuation policy working?
2. Who is really benefiting from the compulsory superannuation regulations?
3. Should superannuation be compulsory or voluntary?

We’d love to get your thoughts and opinions.
blog post
Meet Accountant Andrew Jeffers from Shuriken Consulting
Welcome Andrew
What is your occupation and what services do you provide? 
I’m an Accountant and we provide Accounting, Tax, Business Advisory, Insurance. Wealth and Digital Media ...
video
How successful people think - video advice

question
Q: Sports fans it’s State of Origin Game 2

NSW or QLD and by how many?
blog post
Meet National Sales Manager Ross Laurenson from My Local Broker
Welcome, Ross,
What is your occupation?
National Sales Manager
What is the name of the business?
My Local Broker
What do they do? 
We are a Mortgage Aggregation Business delivering Mort ...
question
Q: With the Federal Parliament, today securing personal income tax cuts is it now time for Parliament to do the same for company and business tax cuts. Let's rally Business Australia and share your thoughts?
blog post
Meet Mortgage Broker Sam Zammit from South West Lending Solutions in Liverpool
Welcome Sam
How long have you been a mortgage broker and where is your business located?
I have been a mortgage broker since February 2015, however, I have been in the finance industry since 1992 in ...
blog post
Meet Property Buyers Agent Michael Ossitt from Strand Property Group
Welcome, Michael,
What is your occupation and what services do you provide?
Buyer’s Agent and Property Investment Advisor
What is the name of Business?
STRAND Property Group
Where is th ...
blog post
Meet Mortgage Broker Peter Dall Mortgage Choice Notting Hill Victoria
Welcome, Peter,
What is your occupation?
Mortgage & Finance Broker
What is the name of the business?
Mortgage Choice
Where is the business located?
Redwood Drive Notting Hill Victoria&am ...
blog post
Meet Chartered Accountant Brendan Curran from BPC Accounting
Welcome, Brendan,
What is your occupation?
Chartered Accountant.
What services do you provide?
We offer accountancy services, business advisory, SMSF auditing, external examiner, tax agent and boo ...
blog post
Meet Mortgage Broker Peita Davies from RealEstate.com.au Home Loans
Welcome Peita
What is your occupation and what services do you provide?
Director | Local Home Loans Specialist
What is the name of Business?
Realestate.com.au Home Loans
Where is the business loc ...
blog post
Meet Mortgage Broker Mark Fitzpatrick Astute Financial Port Macquarie
Welcome, Mark,
What is your occupation and what service do you provide?
Mortgage Broker - Home and Investment Loan, Commercial Loans, Refinancing, Equipment and Car Loans, Wealth Planning a ...
blog post
Meet Financial Planner James Wrigley First Financial Melbourne
Welcome, James,
What is your occupation?
Senior Financial Adviser
What is the name of the business?
First Financial
Where is the business located?
90 Collins St, Melbourne.
How long have you be ...
answered
Q: Ok sports fans...

State of Origin - NSW or QLD?
A: Well done to all those who picked NSW and a special mention to Adam Huxley who picked the winning margin - 10 points.

Looking forward to game 2 already.

Best wishes
question
Q: Ok sports fans...

State of Origin - NSW or QLD?
question
Q: The Reserve Bank of Australia has left the cash rate on hold at 1.5% for a 20th consecutive meeting.
blog post
Meet Tim Russell Mortgage Broker Multipart Finance
Welcome, Tim,
What is your occupation and what services do you provide? 
Mortgage Broker
Name of Business? 
Multipart Finance
Where is the business located? 
North Syd ...
blog post
Meet Marketing Director Jonathan Sharp from Ripple Marketing
Welcome Jonathan
What is your occupation and what services do you provide?
I am a marketing professional.  We offer a range of support services for small and medium businesses across all in ...
question
Q: Being able to help people is the cornerstone of a successful business.

We would love for people to be able to share a story of how you were able to help a particular customer in 2018 and why it put such a smile on your face?
video
Sky New Business Success - simplyaskit

question
Q: What is the one thing, your major priority, you would do to help ease housing affordability in Australia?
blog post
Happy Mothers Day
We would like to wish all mums a very happy mothers day. 
May your day be filled with love, happiness, support and thanks.
Best wishes from the team at simplyaskit
  ...
blog post
Keep the bastards honest
Consumers and small business owner’s advised to take back control of their finances.
The shocking revelations from the Banking Royal Commission have led Mortgage Industry veteran Paul Ryan ...
blog post
Congratulations to Regan Isaac Finalist in the 2018 Young Leaders in Finance Awards
Hearty congratulations to Financial Adviser Regan Isaac from the Announcer Group for being a finalist in the 2018 Young Leaders in Finance Awards.
Well done Regan and we hope to hear you announced as ...
answered
Q: What is the quickest and easiest way to get from Rome airport to Positano with an infant?
A: Hi Fiona, here's some feedback we received directly from the simplyaskit community...

"Quickest and easiest will be a taxi but if budget is a factor consider the train to Salerno then ferry to Positano. It's a fast train from Rome to Salerno then about a 400m walk from the station to the ferry terminal. You also need to consider where you are staying in Positano as you could be facing a steep walk uphill from the ferry terminal to your accommodation."
question
Q: What do people think of the 2018 Federal Budget?

What does it mean for Small Business Australia?

Who wins, who misses out?
blog post
Meet Finance Broker Tareq Shnoudi from SB Finance
What is your occupation and what services do you provide?
Finance Broker
Name of Business? 
SB Finance 
Where is the business located? 
We are always mobile and based ...
podcast
Podcast with Bessie Hassan - Money Expert at finder.com.au
blog post
Lest we forget
They shall grow not old, as we that are left grow old; 
Age shall not weary them, nor the years condemn. 
At the going down of the sun and in the morning 
We will remembe ...
question
Q: Fun Friday,

Can you name a movie quote that gives away the film without saying the title?
question
Q: As an industry expert and small business owner, what are the 2 biggest issues challenging you as you strive to build a profitable and successful business?
answered
Q: Hi, I got a 5 year old son and I have noticed in 1 month that every hour he is going to the toilet to urinate, every second or third day he complains that his stomach hurts and then he needs to go to the toilet to do number 2, every second or third day he is complaining that he has a head ache, but he doesnt say he is thirsty to many times!! his drinking still remains the same. I am worried that he might have diabeties or his is feeling emotional because he just started school 1 month ago?
A: Hi Anne Marie

Sorry to hear about the issue your son is having. Unfortunately, at this point in time, we don't have medical experts on the platform.

We do however strongly suggest you make an appointment to see your local doctor especially if you have concerns or family history of diabetes.

Maybe a platform like https://www.healthshare.com.au could also be of assistance

We wish you and the young fella all the very best.

Kind regards

simplyaskit
answered
Q: Where can I find the PX for the BBSW1M Index from Nov 2015 to current?
A: Hi Chan

We're not 100% sure of the question but here is a link that might be a good starting point.

https://www.fiig.com.au/research-and-education/fixed-income-education/bbsw-and-bbsy

We hope this helps

Best wishes
question
Q: Breaking News

Australian Prime Minister announces there will be a Royal Commission into the Financial Services Industry

Mr Turnbull says Australia's financial system is admirable but there have been instances of poor practice.

Consumers must be protected, Mr Turnbull says, and the financial services sector must remain stable.

Do you agree with the Government's decision?
answered
Q: Hi there,
There is no category listed for my query regarding tertiary education so I’m just putting it out there. Long story short, My wife is doing a diploma in nursing, the company she signed up with went down the gurgler, after a six week period in limbo another company took over at the same place under a new banner with the same muppets running the show. Since such time it has gone from pretty ordinary to really bad. What type of solicitor deals with education issues?
A: Hi Paul

There are a limited number of lawyers on the platform at present however here are some links to lawyers you might like to make contact with

• Patrick Earl in Stafford Qld - https://www.simplyaskit.com.au/profile/1519/patrick-earl
• LegalVision – online legal service - https://www.simplyaskit.com.au/profile/1240/legalvision
• Coutts Solicitors in NSW - https://www.simplyaskit.com.au/profile/1286/coutts-solicitors-conveyancers

Given your question it sure sounds like your wife has the right to be asking the company some questions

Best wishes
answered
Q: I have a commercial business lease and a clause that was added and agreed upon by landlord to have work done to the premises. If that work is not done what action as a tentant can I take ?
A: Hi Natasha

We’ve assumed you had a lawyer review the commercial terms prior to signing the lease. If the commitment they made didn’t form part of the lease agreement then as a starting point you could write to the landlord and request they confirm the timeframe for when the work will be completed.

It is very important you seek sound legal advice and we’d recommended making contact with either

• Coutts Solicitors and Conveyancers - https://www.simplyaskit.com.au/profile/1286/coutts-solicitors-conveyancers

• Legal Vision - https://www.simplyaskit.com.au/profile/1240/legalvision


It’s also important you continue to meet your obligations under the terms of the lease, especially until you are able to establish your legal position

All the best and we hope it works out for you and your business

simplyaskit
question
Q: Less than 24 hours before the race that stops a nation

So who's everyone tipping?
answered
Q: My accountant did not include total charity donation in last years return leaving $4000 for this year, then said oops, can't claim, can claim only in the year it is paid. Is this correct?
Then this year, supplied calculations to take to Centrelink re appeal for pension.
Centrelink reviewed calculations for profit on shares but said they were not interested in any Figures as they are DEEMED on total face value of shares. Have I got a totally useless account. $200 for useless, unusable advice??
A: Hi Diana

Sorry to hear you haven't had such a great experience.

If you are looking for a new accountant, there are a number of accountants who are quite active on simplyaskit you might like to get in touch with. Click on their profile and you'll be able to see their answers to other users questions as well as see their blogs and videos.

• Andrew Jeffers - https://www.simplyaskit.com.au/profile/1850/andrew-jeffers
• Brendan Curran- https://www.simplyaskit.com.au/profile/1964/brendan-curran
• Suresh Rajani - https://www.simplyaskit.com.au/profile/1495/suresh-rajani
• David Ratcliffe - https://www.simplyaskit.com.au/profile/552/david-ratcliffe
• Jenny Thai - https://www.simplyaskit.com.au/profile/1577/jenny-thai

We hope this information helps

Best wishes

simplyaskit
answered
Q: We have recently exchanged and completed on the purchase of a property and now find that we will not informed of the correct boundary lines and the land area is not what we were told. What can we do??
A: Hi Silvia

Sorry to hear of your predicament. We’d suggest speaking to your conveyancer and establish what has actually occurred and then seek legal advice.

If you don’t know of a legal firm that might be able to assist we’d like to provide you with a couple of links to legal firms that are proactive on simplyaskit

• Coutts Solicitors and Conveyancers - https://www.simplyaskit.com.au/profile/1286/coutts-solicitors-conveyancers

• LegalVision - https://www.simplyaskit.com.au/profile/1240/legalvision

We hope you are able to find some satisfaction will your issue

All the best
video
Finder.com.au podcast guest is simplyaskit founder Paul Ryan

answered
Q: i have been operating a hotel three years and now cannot contact the owner what can i do?He wants to sell business and we have a buyer but we cannot find him anywhere.
A: Hi Sue

We’d suggest trying to make contact the owners family and hopefully, they can shed some light on how you can get in touch.

Hope it works out for you all, best wishes

simplyaskit
answered
Q: My partner and I are looking to rent together for the first time. However I don't know where to start. I'm having trouble determining an area, don't know what to expect regarding the process and don't know how early to start looking?
A: Thank you Emma for your question, it’s an exciting time for you both.

There are a lot of factors to consider when you decide to rent with someone else for the first time. The questions you raised are a great starting point so it’s important for you both to have an open and honest discussion with each other in regards to:

• if you rent together and are both on the lease then you are both responsible for the rent you pay and terms of the lease. If either party fails to meet their individual obligations then the other party will still be responsible.
• what is your individual and combined budget for rent, utilities, and living expenses?
• if you both work, how do you get to work and how important is it to be close to public transport work?
• how close do you want or need to be to family, friends, work or other activities or commitments?
• what type of property would you like to live in, what space do you individually need?

Once you go through these questions together you will be able to determine how much rent you can pay and the type of property you’d like to rent. This will then determine the areas in which you can start looking.

You can use websites such as www.realestate.com.au or www.domain.com.au to search for properties to rent. They will give you an idea of the type and quality of properties that fit within your budget.

Each rental property is more than likely managed by a real estate agent so if you see a property you like you can contact the agent to ask questions and request to see the property. When you start looking for properties and speaking to agents you’ll start to get an understanding of how quick you need to move and make decisions. Some properties get snapped up by tenants pretty quickly but each property is different so it is best to speak to individual agents.

To secure a property you will need to make an application with the agent/landlord and you’ll be required to submit a range of information so they can get to know you more and make an informed decision on whether to accept your application or not. The information may include one or two references so it is best to ask some of the local agents and start preparing for what they need.

On acceptance of your application, you will be asked to pay a rental bond (normally equivalent to 2-4 weeks rent) and probably 2 weeks rent in advance. Again, you need to ensure you have the budget to meet these requirements.

It is an exciting time for you both, but finding a place to place can be a little frustrating. We’d suggest you establish your budget, don’t put too much pressure on yourselves in terms of timing and make some appointments to meet with a few agents of where you believe you can afford to rent.

It might be an idea to make contact with a business like Renterscard - https://www.simplyaskit.com.au/profile/1432/renterscard. From what we understand their business is about making the process of finding a property to rent a little easier

Always remember to ask a lot of questions. The more questions you ask the more you’ll understand the process and what’s required.

All the best and we hope this information helps.

simplyaskit
video
Free Home Loan Advice

video
Welcome to simplyaskit

Followers