In a recent feature in Australian Broker, Steven Galdona, Director of Credit & Operations at Solomons Capital, highlighted the company’s strategic approach to private lending. Solomons Capital is positioning itself as a key player in the fast-growing private capital sector, offering unique solutions for clients and brokers alike. He has successfully collaborated with CEOs and...Read More
With over two decades of experience, Steven Galdona joins Solomons Capital as the Director of Credit & Operations, bringing an exceptional background in credit risk management, transformation, and lending operations to Solomons Group. He has successfully collaborated with CEOs and Boards to shape business visions, leading teams of up to 300 staff across Australia and...Read More
Brace yourself: 2024 brings fresh tax cuts and a higher superannuation guarantee, reshaping your finances and business obligations in unexpected ways! Personal tax & super As of July 1, 2024, significant financial changes are in effect due to the introduction of personal income tax cuts and an increase in the superannuation guarantee rate to 11.5%....Read More
Solomons Group is pleased to announce the addition of Rebecca Li to our team. Rebecca brings over 20 years of wealth management expertise to ultra-high-net-worth (UHNW) and high-net-worth (HNW) clients across the Asia Pacific, including regions such as Hong Kong, Taiwan, and Southeast Asia. Rebecca specialises in managing substantial investment portfolios for a diverse range...Read More
Brisbane – Solomons Group is honoured to have hosted and partnered with the launch of Skilled Migrant Professionals Magazine (SMP Magazine) at our Brisbane office on the 16th May 2024. This groundbreaking publication aims to create a community where skilled migrants can connect, share experiences, and draw inspiration. We extend our heartfelt congratulations to Emmagness...Read More
Solomons Group is pleased to announce the addition of Joel Tilbrook to our team. Joel brings extensive industry knowledge and global strategies from leading financial institutions, enhancing our clients’ access to the Australian and international markets opportunities. Joel specialises in providing bespoke financial guidance to high-net-worth individuals and families. He empowers clients to make informed...Read More
A new issues paper from Treasury’s Competition Review questions whether non-competes and other restraints are limiting job opportunities and movement. A recent Australian Bureau of Statistics (ABS) survey found that 46.9% of businesses surveyed used some kind of restraint clause, including for workers in non-executive roles. The survey also found 20.8% of businesses use non-compete clauses for...Read More
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business worth and what sets a high value business apart? Every business owner is naturally curious about just how much their business is worth. However, for every business that...Read More
The ATO has signalled that it is willing to pursue professional services firms who divert profits to avoid tax. Two new cases before the Administrative Appeals Tribunal demonstrate how serious the Australian Taxation Office (ATO) is about making sure professional services firms – lawyers, accountants, architects, medical practices, engineers, architects etc., – are appropriately taxed. ...Read More
The 2024-25 Federal Budget is the third for the Albanese Government and consistent with previous years, the primary themes are expected to be the cost of living and the economic shift to net zero. According to election guru Antony Green, the window for the next election starts on Saturday, 3 August 2024, “the first possible date...Read More
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