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    LMS ADVISORY | ACCOUNTANTS & BUSINESS ADVISORS PARRAMATTA, SYDNEY

    "I don’t want to be a great-problem-solver. I want to avoid problems – prevent them from happening and doing right from the beginning."

    At LMS Advisory, we care about the entire financial experience of our clients. We go further than the traditional accounting practice who lodges your tax return once a year. We want you to understand your financial data and make better decisions in Realtime. You need proactive advisors who want to simplify the management of your recordkeeping so you can focus on growing your business.

    Whether it be recommending technology solutions, providing bookkeeping support, maximising taxation benefits, or simply providing the peace of mind knowing that your compliance requirements will be lodged on time, always, LMS Advisory is here to help you.

    We will be working with you all year round, and we tailor our services to your business accordingly. Our team-based structure ensures you will get efficient and proactive support and expertise for all manner of business requirements.

    BOOKKEEPING SERVICES

    Keep My Books Online is the independent bookkeeping arm of LMS who can work closely with your accountant and other financial advisors on your team, sharing knowledge and business intelligence to help business owners make timely and informed decisions.

    Bookkeeping Services

    MEET OUR TEAM

    LATEST BLOG

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    Workers get 2.4% annual raise in March Qtr 2022

    Wages growth has increased for the fifth consecutive quarter, according to the latest data from the Australian Bureau of Statistics.

    Average wages in the March quarter were 2.4% higher than the year before, continuing the trend of slowly increasing wages growth:

    * Dec 2020 = 1.4%
    * Mar 2021 = 1.5%
    * Jun 2021 = 1.7%
    * Sep 2021 = 2.2%
    * Dec 2021 = 2.3%
    * Mar 2022 = 2.4%

    Unfortunately, inflation is currently running at 5.1%, so while workers’ incomes have been increasing in headline terms, they’ve actually been going backwards in real terms.

    LMS Takeaway
    Labour's campaigning during the election was to focus on real wages growth by supporting higher minimum wages.
    Now that they are in government, we are interested to see how they will enact this policy without sending inflation spiraling upwards further. Any wages growth should be linked to productivity targets and increases to GDP Growth to manage the impact on the small business community who are the major employers in Australia, still doing it tough coming out of the pandemic.

    #money #personalfinance #jobs
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    Workers get 2.4% annual raise in March Qtr 2022Wages growth has increased for the fifth consecutive quarter, according to the latest data from the Australian Bureau of Statistics.Average wages in the March quarter were 2.4% higher than the year before, continuing the trend of slowly increasing wages growth:* Dec 2020 = 1.4%
* Mar 2021 = 1.5%
* Jun 2021 = 1.7%
* Sep 2021 = 2.2%
* Dec 2021 = 2.3%
* Mar 2022 = 2.4%Unfortunately, inflation is currently running at 5.1%, so while workers’ incomes have been increasing in headline terms, they’ve actually been going backwards in real terms.LMS Takeaway
Labours campaigning during the election was to focus on real wages growth by supporting higher minimum wages.
Now that they are in government, we are interested to see how they will enact this policy without sending inflation spiraling upwards further. Any wages growth should be linked to productivity targets and increases to GDP Growth to manage the impact on the small business community who are the major employers in Australia, still doing it tough coming out of the pandemic.#money #personalfinance #jobs

    LMS Advisory is a flourishing and growing firm who is always on the lookout for new talent. We offer a friendly working environment with potential for growth. We are currently actively seeking Senior candidates. If you have more than 7 years experience in public practice and want to be part of a firm of the future, contact us!

    Apply Now!