Solomons Group is delighted to welcome Daniella Elchaar to our team as a Private Wealth Adviser. With more than a decade of experience in financial planning, Daniella brings a strong record of helping clients build, protect and manage their financial futures with clarity, structure and long-term direction. Daniella has worked extensively with wealth accumulators, pre-retirees...Read More
Private lending continues to evolve quickly, and this month we have partnered with The Adviser to share some insights into how the sector is changing and what it means for brokers and borrowers. The article looks at the growing role private lenders now play in supporting development, business growth, and capital needs-alongside the increased expectations...Read More
With over 35 years of experience across sales, risk management, and product development, Darren Stratford joins Solomons Capital as the Head of Commercial and Specialist Lending, bringing a wealth of expertise from both banking and non-bank lending sectors. In his new role, Darren will oversee strategic growth, product development, and broker relationships across Solomons Capital’s...Read More
If you’re currently carrying ATO debt – or might in the future – there’s a key change coming that could increase the cost of doing so. From 1 July 2025, two types of interest charges imposed by the Australian Taxation Office will no longer be tax-deductible: the General Interest Charge (GIC) and the Shortfall Interest...Read More
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
A financial adviser helps you manage your money, but it’s not just about picking investments. Like most things in finance, the details make all the difference. What is a Financial Adviser? A financial adviser helps individuals manage their finances by offering expert guidance on budgeting, saving, investing, and retirement planning. They work with you to create a...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
The Instant Asset Write-Off brought in 2023-24 has been extended until June 30 2025. This write-off threshold was increased from $1000 to $20,000 back in 2023-24. What does that mean for you? The increase in the instant asset write-off threshold offers a significant cash flow benefit to small businesses. This allows them to claim an...Read More
It is common for business owners to devote their money into a business to get it up and running until it can sustain and survive on its own. A recent case highlights the dangers of taking money out of a company without considering tax implications. Case Study – Private and Company Expense A taxpayer who...Read More
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