Welcome to the March edition of our 2007 Newsletters
ACCOUNTING AND TAXATION MATTERS
- Practice Update March 2007 Issue
- ATO Key Dates for April 2007
- 2006 Premier Regional Business Awards: A Presentation of the Great Dandenong Chamber of Commerce and sponsored by the NAB
FOCUS FINANCIAL PLANNING
FINANCE AND LENDING
HUMAN RESOURCES
ARM TEAM AND OFFICE MATTERS
Practice Update March 2007 Issue
Refunds from the Tax Office may be about to get quicker
Editor: Many of us know how annoying it can be when the Tax Office holds up a refund – usually on a large BAS refund. Well, the Commissioner of Taxation has indicated that that may soon be about to change.
How data matching may help speed up the refund process
Editor: In a recent speech, the Commissioner demonstrated how the ATO's data matching is helping to find the good (and bad) taxpayers.
"Last financial year we used data matching to review more than 10 million taxpayers. By integrating data matching work with our risk profiling, we are making sure that they are working hand-in-glove.
"(For example) a CGT project matches share data against tax returns. While it allows us to check those that may not have reported their income correctly, it also confirms those that have, and they are by far the majority.
"The need for us to make contact with those taxpayers is therefore reduced greatly.
"A good example of how data mining and matching is already benefiting taxpayers is the more timely payment of large refunds up to $1 million.
"Going forward, more integrated intelligence on prior taxpayer behaviour from our new systems will mean better risk management of large refund payouts, and faster cash flow for taxpayers, particularly individuals, and micro & small businesses."
CPI – December quarter 2006
The CPI indexation factor for the December 2006 quarter is 155.5 (a fall of 0.2% from the September quarter of 155.7).
Inspector General targets objections – can the ATO handle them better?
The Inspector General of Taxation has announced that his office is to conduct a review into the ATO's objection and dispute resolution processes.
Why the IGT decided on the review
The Tax Office receives and finalises around 15,000 to 20,000 objections each year.
In 2005/06, more than half these objections were allowed or settled.
Furthermore, of the objections that were lodged with the Administrative Appeals Tribunal for review, nearly two thirds were finalised in the taxpayer's favour without a hearing.
Focus and Terms of Reference
The review will focus on:
- what causes objections to Tax Office decisions and how are objections managed in the ATO;
- the timeliness and quality of how objections are handled "upstream" in the ATO and:
– if that may be contributing to potentially unnecessary disputes and litigation; or
– whether disputes (and their associated costs) could have been prevented;
- the extent and reasons for the Tax Office conceding cases after the objection process, focusing on the quality of decision making and processes employed in determining taxpayers’ objections.
Submissions to the IGT
The Inspector General is seeking input and submissions from the community to understand the taxpayers’ experience and perspective in relation to lodging objections.
Details of the terms and extent of their review are contained on their Website at www.igt.gov.au
Non-Forestry Managed Investment Schemes
The Tax Office has indicated that it has reconsidered its interpretation of the current taxation law as it applies to non-forestry managed investment schemes (MIS) and is preparing a draft ruling which will apply from 1 July 2007.
The effect of this change of interpretation is that, from that date, investors in an MIS would no longer be able to claim upfront deductions for their contributions to the MIS on the basis that the investor is ‘carrying on a business’.
Investments in an MIS that are covered by existing product rulings that allow immediate deductibility for the investor’s initial contribution, and for contributions in subsequent years, will be protected.
The effect of the likely change in interpretation by the ATO will be to place investments in non-forestry agri-business MIS on the same footing as other ‘passive’ investments in agriculture.
The ATO and how it intends to remove red tape
Editor: The Tax Commissioner, Michael D’Ascenzo, has put out a paper on new 'whole-of-government' initiatives which look like tackling and reducing red tape for business.
"Progressing whole-of-government initiatives was a focus for the ATO this financial year and remains a priority going forward."
Three main initiatives should minimise red tape and compliance costs when they are fully operational:
- working with Centrelink and Medicare to pre-populate tax returns and exploring other sources of data such as share registries and banks;
- working with Commonwealth and state agencies to better link ATO systems through the Australian Business Register so that businesses have a one-stop shop for changing their address and other details.
This also opens the possibility for a single authenticated entry point or portal for business to government; and
- progressing work on the Standardised Business Reporting concept so that businesses and other taxpayers need only report information and financial data once across the whole-of-government.
When the SGC need not be applied
The Tax Office has issued a Practice Statement to help their officers decide when to not apply the superannuation guarantee charge (SGC).
Basically, this practice statement says that the SGC need not be applied:
"where it is clear that an employer has taken reasonable steps to comply with their obligations by the due date but, for reasons beyond the employer’s control the contribution is made late."
Editor: This is very good news because before this Practice Statement, the SGC was applied automatically.
Contribution posted on time
Basically, the ATO is now saying that the SGC need not be raised where an officer is satisfied that:
- it is clear from the employer’s business practices that:
– the cheque was posted before the due date;
– there was enough time for the cheque to arrive by mail, by the due date;
- the cheque was not post-dated or backdated; and
- the cheque was honoured.
If you require further information regarding the above please contact Dennis Malcolm, Michael Ryan, Greg Cusack Marita James or David Perry on (03) 9551 2822 for their expert advise.
30 April 2007 - All Quarterly PAYG instalment notices – Forms R, S and T – must be lodged.
Lumen Australia has been a long standing client at Aston Ryan and Malcolm and recently won the prestigious '2006 Greater Dandenong Chamber of Commerce Premier Regional Business Award' fighting off strong competition from 13 other top-notch businesses. Following is an interview with Keith Evans the CEO of Lumen Australia.
It’s serious business... with smiles all around! (by Shaun Inguanzo, Star Tuesday 13 March 2007, Special Edition)
LUMEN Australia founder Keith Evans admits he may have worked himself out of a job.
While the term CEO to most companies means chief executive officer, Mr Evans said Lumen staff members were so efficient that his CEO role now meant “chief entertainment officer”.
“When I started off as CEO I was into engineering, economics and things like that,” Mr Evans said.
“But now I have got some beautiful and wonderful people working for me, and I’ve become the chief entertainment officer.”
Mr Evans’ humorous description of his staff is backed by a serious outlook on the company’s future.
Lumen Australia designs a range of electronic parts for both local and overseas car manufacturers.
And there’s a good reason why the Hallam-based company is turning over $1 9 million a year—good people result in good service to Lumen’s clients.
“Employment has gone up over 30 per cent in the last couple of years,” Mr Evans said. “We’ve now got over 60 employees.”
Mr Evans said staff remained loyal to the company
“They don’t go,” he said with a laugh. “I can’t even get rid of the bad ones, I’m too bloody soft.
“But to be honest, we have a lot of engineers traveling from the other side of Melbourne to work here and who have been with us for a number of years.”
Mr Evans said the key was allowing his staff the responsibility to feel as though they were running the business.
Lumen Australia also has a keen interest in designing Bluetooth products for car manufacturers — a wireless network that eliminates the need for cables between a person’s devices and the car itself.
“We’ve been doing Blue- tooth for a couple of years and the technology has got quite a few more years of life in it,” Mr Evans said.
“In fact we’ve got a meeting with Mazda Japan, which is interested in speaking with us about Bluetooth for the rest of the world.”
Lumen also specialises in Controller Area Networks (CAN), which aims to reduce electrical wiring while providing a more intelligent car.
An example of this technology is that CAN is intelligent enough to tell a car’s rear parking sensors to disable when a trailer is hitched onto the rear and connected to the CAN network.
The future of Lumen Australia inevitably lies through overseas expansion, Mr Evans said, and the 64- year-old expects his son Jon, 36, to be leading the way to new markets.
“The future is overseas where we hope to set up an office and distribution point in Europe,” he said.
“But the first stage is entering the USA. It’s frightening, and I am glad I’ve got young Jon with me.”
But rest assured that Lumen Australia will remain within the Greater Dandenong manufacturing corridor.
“Well you just have to look around to see the growth with the number of factories, houses and freeways going up,” Mr Evans said.
“We’re not going anywhere.”
From-humble beginnings in a small Dandenong factory to a large premises in Becon Court Road, Hallam, Mr Evans was unaware of the company’s Premier Regional Business Award win at the time of interview and was more than happy just to be involved in the process.
“Well to be honest with you I am taken back that we were even nominated,” he said. “Even being nominated is good for us, it is recognising something we’ve done.
“But if we do win it is something good for the team and people working for us – not really just for me, because after all I’m just the, chief entertainment officer.”
Micro Plastics has also been a client here at Aston Ryan and Malcolm for many years and they were one of the 13 nominees in the prestigious '2006 Greater Dandenong Chamber of Commerce Premier Regional Business Award', following is an article giving us an overview of their business.
Micro Plastics (Nominee Article, Star Tuesday 13 March 2007, Special Edition)
MANY people take plastic for granted, but at Micro Plastics, it’s business.
The Dandenong South company was formed in 1977 after managing director Robert Wilson used his 13 years of experience as a toolmaker with Astor Radio, to venture out on his own.
At last May’s nominations breakfast, Mr Wilson described the company as a custom injection moulder to the plastics industry.
Among its products, Micro Plastics makes components associated with emergency vehicle lights, including rotating beacons, intersection lights, loud speakers and illuminated signs.
The business has 20 modern injection moulding machines ranging in size from 80 to 440 tonnes.
It can create a wide range of plastic parts, and is currently producing spa jet nozzles, air valves and other mechanisms for spa baths. The business has a $4 million turnover and has of late been working tirelessly to attract new clients to its stable.
Several years ago the company lost one of its major customers, Trend Industries, which had also been one of its first customers in 1977.
Trend Industries was bought out and moved offshore, severely limiting the injection moulding it required Micro Plastics to do.
Its Nissan Drive premises in Dandenong South is 4000 square metres.
Micro Plastics moved there in1999 to satisfy both current and future operations.
Micro Plastics employs about 35 people and has a strong Occupational Health and Safety focus.
The company was nominated in categories of Innovation, Small Business, and Service Excellence.
Investor Focus March 2007 Issue
Don’t Miss out on a “Super” Opportunity!
The new changes to the Superannuation rules open up some tremendous opportunities if you are aged over 65 and have assets outside the Superannuation environment
The over age 65 Contribution opportunity
If you are aged over 65 there are several important details in the new rules and their application to senior Australians.
The most important issue is that individuals between the ages of 65 and 74, who meet the required work test, can make an undeducted (after tax) contribution to super of up to $1 million between May 10, 2006 and June 30, 2007.
What is the required work test?
In simple terms, you must have worked at least 40 hours in any 30-day period in the financial year to make the undeducted contribution.
It is important to act quickly as you can only make an undeducted contribution of up to $1 million before June 30. From July 1, those between the ages of 65 and 74 will be limited to contributing $150,000 per financial year in which they meet the required work test.
In other words, if you are 65 and over and you have cash or intend to dispose of an asset like an investment property to make an undeducted contribution to super, it’s essential to get the timing right. Failing to do so may limit how much you can get into your super.
Super is well known for being a concessionally taxed environment and the new changes make it more so.
While there are sound financial reasons to invest directly in property, managed funds or shares, it may be more beneficial in the long term to invest in superannuation and in turn invest into these asset classes.
Superannuation is really only a tax vehicle – a potential zero % tax vehicle!
Yes there are many rules and regulations which are constantly changing and these new rules are a case in point.
As with any financial decision, your choice of investments will depend on your unique situation and goals. All financial decision should be made by considering the advantages and disadvantages as well as the risks and rewards.
This assessment should take into account tax issues – such as capital gains tax if you decide to sell an asset in order to contribute the proceeds to super. You should also consider contributions tax if you make a contribution to super and claim a tax deduction (this strategy is predominantly available to the self-employed).
However, tax should never be the only or even the major factor in making an investment decision. You should also look at your risk profile, asset allocation, liquidity, social security entitlement and ease of management.
New Cashing out Rules
Another change that took effect from May 10, 2006, is that a person will no longer be forced to draw down their super from a particular age.
The rules prior to the 10th May 2006 were that if you were over the age of 65 years and not working, you were forced to either cash out your Super or commence an income stream in the form of an allocated pension.
Now, you are able to retain your benefit in super indefinitely – for instance because you may receive other income such as a salary, an overseas pension or investment income and don’t need to draw upon your Super just yet.
New Centrelink Rules
A unique opportunity for senior Australians is the ability to obtain the age pension. If you don’t at present receive the age pension or would like to maximise your benefits, you may want to have another look after September 20, 2007. After this date, the age pension assets test taper rate will be halved, meaning pension recipients only lose $1.50 per fortnight (rather than $3) for every $1,000 of assets above the relevant threshold.
As an indication, this means that from September 20, 2007, a couple who are home owners, with about $800,000 of assessable assets (excluding the home they live in) will be entitled to a small amount of age pension – and the associated concessions.
At present, age pension entitlement for couples who are home owners cuts out at $516,500.Also, the period from now up to the 20th September presents an opportunity to lock into an income stream from your Superannuation whereby only half of the underlying asset is counted towards the assets test.
These income streams are commonly referred to as Term Allocated Pensions and after the 20th September they will no longer be available.
A double barrelled opportunity exists now to perhaps restructure some part of your Super into a Term Allocated Pension, effectively reducing your Centrelink Assessable assets by 50% and then be in a position to take further advantage of the new asset thresholds after 20th September 2007.My experience shows that there will be many senior Australians who will now receive Age Pension benefits that they are not currently receiving and for those that already are receiving the benefits, a significant increase in benefits will be available.
As these new rules come into effect, super will become a truly competitive way to accumulate savings before and into your retirement years. However, exactly how well you capitalise on the changes may come down to the quality of the financial advice you receive. Make a start right now by giving the rules a second look. The following is a checklist for those aged between 65 and 75.
The Simple Super rules could work to your advantage if you or your spouse:
- Contribute to a super fund
- Work 40 hours in a consecutive 30 day period.
- Recently sold an asset or is considering doing so.
- Are not at present receiving the age pension but wish to.
- Have not sought financial advice on your financial situation since May 8, 2006.
- Are able to take action quickly.
For more information please contact Michael Ryan and the team at Focus Financial Planning.
Michael Ryan CPA CFP®Authorised RepresentativePremium Wealth Management LtdAFSL Number: 237498
Managed Agribusiness Investments
- Reduce your Non-Deductible Debt
- Reduce your Taxable Income
- Eliminate Capital Gains and,
- Maximise Family Tax Benefits
All this can be managed for you with increased exposure to alternate investments, if this interests you then keep reading...
Managed Agribusiness Investments
What are Agribusiness Investments?
Agribusiness is simply the business aspect of agriculture growing crops for human consumption and use.
Agribusiness investments allow investors to participate in rural businesses such as:
- Forestry
- Horticulture
- Viticulture (wine and grapes)
- Livestock programmes, and
- Aquaculture.
Why Invest in Agribusiness?
The benefits of agribusiness investments are:
- Diversification – Agribusiness does not fall into the traditional class of assets such as shares, property, fixed interest and cash. The returns from agribusiness investments are not influenced by the share market, property market or interest rates. As a result, agribusiness can be used to smooth out fluctuations in returns from the traditional asset classes.
- Enhanced Returns – Agribusiness can provide higher after tax returns than traditional assets.
- Tax Effective – Agribusiness investments can provide you upfront tax deductions which are backed by Australian Tax Office Product Rulings.
- Long Term Returns - By definition agribusiness projects are long-term investments. For example, bluegum forestry projects offer superannuation-style returns with a one-off lump sum income after approximately ten years, horticultural projects take three to four years to produce business annuity income that exceeds expenses, and can continue to pay income for a further 18 to 20 years
What Are the Risks In Agribusiness?
The major risks are:
- Agricultural Risk – The inherent risks of farming such as drought storms such as drought, fire, pests, floods and wind.
- Management Risk – The risk that mistakes are made in crop preparation, weed control, planting techniques, fertilizer application, processing management and the ability of the manager to stay abreast of technological improvements.
- Financial Risk - The success of each project depends on the future prices to be received for the particular commodity being grown this may be influenced by global economic conditions, the actions of other suppliers and the exchange rate of the Australian dollar.
How are Agribusiness Investments “Tax Effective”?
If you place $10000 in a tax-effective investment, and you are on the highest marginal tax rate of 46.5% (including the Medicare levy of 1.5%), you are allowed to deduct $4650 from your tax bill.
This makes your return different to that on a capital investment, on which you pay tax on the sale of the asset. Refer to the example below to see how an investment in agribusiness can provide investors with long-term investment savings.
|
Establishment cost (expense) |
$11,000 |
|
GST (Claim 100%)* |
($1,000) |
|
Net expense after GST |
$10,000 |
|
Claim tax deduction @ 46.5%** |
($4,650) |
|
Net Cost to Grower |
$5,350 |
When the trees are harvested and the crop sold, the investor receives the proceeds, and is taxed at his or her marginal tax rate.
Used prudently, tax-effective investments can provide investors with long-term investment savings and unlock opportunities for the creation of diversified investment portfolios, effective debt and cash flow management strategies, family allowance and self-managed superannuation fund (SMSF) strategies.
* Assumes the investor is registered for GST
** Assumes investor is on a Marginal rate of 45% plus Medicare levy of 1.5%
Am I entitled to the Tax Benefits?
In 1998, the ATO introduced the Product Ruling system. A Product Ruling is a binding statement by the ATO with respect to deductions of fees available under the current Australian Taxation Laws in relation to an investment in a particular project. The Product Ruling system provides certainty to investors in Agribusiness Investments confirming the taxation benefits for a particular project, where the scheme manager complies with the commitments made.
As assured by the Tax Commissioner “a Product Ruling says that investors can have the confidence in the tax outcome provided&.. we have not disallowed any deductions claimed for investments covered by a valid Product Ruling where the arrangement was implemented in the manner described in the Product Ruling.”
It has always been true that investment merits should drive decision making not tax considerations, but the Product Ruling system made this truism absolutely critical. Quite simply, if the investment part is not real, your tax deduction is at risk.
For more information please contact Michael Ryan and the team at Focus Financial Planning.
Over the last month ARM Finance Pty Ltd has continued to increase the number of lenders that we can deal with. As a result of this we now have access to a lender that will provide finance to 106%. This allows the client to purchase their own owner occupier property onr investmen property with minimal outlay of funds.
Now we can provide a larger range of personal lending products. These products include consumer finance & car loans, which can be useful in providing to your own clients to provide funding for purchases.
Also available is insurance premium funding helping your business to free up some needed cash flow and allow for a better tax benefit. This is available over a period of 12 months.
If you would like to discuss these new options please contact our office on:
Phone (03) 9370 9811, Fax (03) 9370 9803 or Email info@armfinance.com.au
or alternatively you can contact one our consultants on:
Graham Lee 0417 115 611 (Commercial, Leasing, Residential) Jeff Messer 0409 217 002 (Commercial, Leasing, Residential) Shane McFarlane 0411 754 091 (Residential, Leasing)
Innovative approach to TACKLING STAFF SHORTAGES (by Con Kittos, my business March 2007 Edition)
Employers are missing out on valuable subsidies, which can help ease unemployed people back into the workforce, as Con Kittos outlines
A RECENT SURVEY revealed that 77 per cent of employers believe finding suitable staff is their greatest human resource challenge. High employment and a strong economy have combined to create a tight labour market and increased competition from businesses to recruit and retain quality staff.
Despite this, many employers are unwilling to look outside of the traditional labour market for staff, preferring to poach employees from other employers, so exacerbating the problem. However, employers will need to take a more innovative approach to recruitment if they are to fill positions and remain competitive in the current market.
Employers should look to the largely untapped pool of lob seekers who are trying to return to the workforce after an absence from paid employment. This can include parents returning to work after a break, people with disabilities, the mature aged, or indigenous Australians and other people from remote communities where work is scarce.
This group is characterised by enormous enthusiasm, commitment, thirst for learning and substantial, valuable life experiences. Typically what they lack is workplace training.
Jobfind, a member of the Federal Government’s Job Network, has undertaken surveys which consistently show that employers want a good attitude and enthusiasm over skills, because skills can be taught. Experience shows that employers who look outside the square can be rewarded with enthusiastic and committed new recruits.
Employers that hire many of these jobseekers are eligible for Government-funded wage and training packages. However, millions of dollars in subsidies are going unclaimed as employers are reluctant, or unaware, of the potential of this untapped resource.
These packages are designed to ease the cost of employing and training new workers. There are also additional incentives for employers to provide apprenticeships and short-term work experience.
There are wage and training packages that are individually tailored to meet the specific needs of each business. They range between $2000 and $10,000 and can include, but are not limited to:
• Staff training expenses
• Wage assistance/subsidies
• Tools, equipment and uniforms
• Workplace modifications; and
• Licenses and tickets.
In the past two years, employers have accessed more than $2 million in wage and training subsidies through Jobfind’s wage and training packages. Employers who have benefited are diverse and can range from large enterprises in major metropolitan areas, small- to medium-sized businesses in regional areas and service providers in remote communities.
In the Bundaberg region, for example, a training and assistance package enabled Duffy City Buses to employ David Luhrmann as a driver eight months ago.
Luhrmann had previously been unemployed for 248 weeks, with a disc disorder and osteoarthritis making it difficult to attend interviews and secure employment. As a result of having to take high dosage medication, and being unemployed for an extended period, Mr Luhrmann had begun to despair of regaining employment, and suffered what he calls the ‘four walls syndrome’.
However, Jobfind worked with him to re-motivate him and find appropriate employment opportunities in the region.
This led to a job offer from Duffy City Buses, involving driving buses on two runs morning and afternoon. After trialing Mr Luhrmann and being impressed with his ‘can-do’ attitude, the company was happy to work sympathetically with his medical condition in order to facilitate his continued employment. For example, it has scheduled special stops on Mr Luhrmann’s route to enable him to walk and stretch his back.
To support Mr Luhrmann’s long-term goals, Jobfind has now also negotiated a wage and training package for Duffy City Buses. The wage and training package has enabled the company to commit to continuous employment for Mr Luhrmann, even during low service periods such as school holidays.
As a result, while only required to work eight hours per week under the conditions of his disability allowance, Mr Luhrmann now typically works 20 hours or more per week. Such has been the success of the match, that Mr Luhrmann has recently been awarded a pay rise by his happy employer, as well as an increasing number of shifts.
Chris Duffy, manager at Duffy City Buses said “It can be a stab in the dark employing anyone new, so we might not have looked at someone with an obvious disadvantage during the recruitment phase if it wasn’t for the financial incentive of the wage and training package. But Jobfind’s support and the wage and training package encouraged us to trial David, and we’re so glad we did because he’s turned out to be a really great find for us. He is such a professional and obliging employee, and we plan to hang onto him for as long as we can.
“From this experience, we would highly recommend that employers in this area talk to Jobfind wage and training package-relevant applicants: they might be pleasantly surprised at the quality of job seekers out there whom they might otherwise overlook.”
In Gympie, a wage and training package allowed Cooloola Regional Development Bureau (CRDB) to employ Charmaine Steedman as an administration assistant. CRDB is a not- for-profit organisation achieving strong results for locals through the promotion and development of the Cooloola Shire. With more than 200 members, it is one of the most successful membership-based development organisations in the country.
Previously, Ms Steedman had been out of the paid workforce for 857 weeks. She had been actively seeking employment for the past two years, but after several knock-backs had begun to believe that she was too old or lacked the necessary skills to re-enter the workforce. However, with Jobfind’s support, she completed a MYOB course, which gave her an important boost in today’s job market.
Jobfind also arranged for CRDB to receive a wage and training package from the Government for six months. This enabled the organisation to invest in further re-skilling and supporting Ms Steedman as she re-commenced her career.
With the wage and training package from Jobfind, CRDB is able to invest in a very keen employee who brings to the organisation valuable life experiences Ms Steedman has gained the opportunity to acquire many new skills and experience the running of a well-oiled machine while building her confidence.
Con Kitts is CEO of Jobfind and President and CEO of Angus Knight Group . A founding member of the Federal Government’s Job Network, since 1998, Jobfind has matched 100,000 employers and Job seekers in 20 locations across the country. Website: www.jobfindcentre.com.au Email: info@jobfindcentre.com.au
Unfortunately ARM bid farewell to one of their long term Accounting employees in Mark Langham this month.
Mark has taken up a role as a Senior Financial Accountant with Platinum Private Equity Group of Companies which is situated on St Kilda Road.
We wish him all the best for his future in both his career and personal life, and he'll be sadly missed by all of us here at Aston Ryan and Malcolm.
2007 ARM Football Tipping Competition
ARM invites you to be part of their Footy Tipping Competition for the 2007 Season.
The cost to enter the competition is still $44 payable in full prior to the commencement of the first round.
If you would like to be part of the action there are a number of ways to join up:
- Via the internet at: http://www.footytipping.net.au/arm/
- By emailing your intentions to Nathan Batty at nathan.batty@astonryn.com.au or
- calling and leaving your details with Nathan Batty, on (03) 9551 2882
How much can you win?
It depends on the number of registrations we get, but last years end of prize pool was over $2,000 with first prize being over $1,000!
The first round commences on 30 March 2007, so we need to be notified of your participation ASAP!
In addition to the regular methods of account payment we offer our clients, we also have an account payment system set up on our web site at www.astonryan.com.au/AccountPayments
This area allows you to pay your account/s with Aston Ryan and Malcolm using our secure on-line payment system.