2 founders of Rigsafe, Tanya and Kevin, and Brad from Ledge Finance standing in front of a vehicle and Rigsafe's new warehouse

Business and Finance

Name: Ledge Finance Ltd
Address: Level 2, 420 Bagot Road, Subiaco, WA, 6008, Australia
Telephone: +61863182777
Price range: $$$

Corporate Scorecard: What it is and how it may affect you

Corporate Scorecard: What it is and how it may affect you Corporate Scorecard is a subsidiary of Equifax that assists with the assessment of the financial capacity of organisations including for pre-qualification, pre-contract award and post contract award monitoring for contracts. This assessment has been around for several years and many of our clients, who are contracted to work for government organisations, are being presented with this as a mandatory procedure to complete (and pass) prior to contract approval. A Corporate Scorecard assessment is mandatory to all Public Authorities in the Perth Region and customers in Regional Areas and other...

Recent Insights.

Discretionary trusts: Protect your family wealth

When setting up a business, many prospective owners will be advised by their Accountants to operate through a discretionary trust structure as this allows flexibility in income splitting whilst also providing asset protection. Whilst this is a common strategy for family run businesses, it is important to be aware of the complications that may arise. If you are involved in a business structure, which has as part of that structure a discretionary trust, you should be aware of the possible issues relating to the structure of that trust. These could include: 1. Your trust should reflect the succession planning Whether...

Single touch payroll extended to all employers from 1 July 2019

Single Touch Payroll Extended to all Employers from 1 July 2019 Single Touch Payroll (STP) is currently only required for employers who have twenty or more staff, however from 1 July 2019 it will apply to all Australian employers – even those with only one staff member. This will be a gradual process and there are flexible options available. So, what is STP? STP is a reporting system that sends tax and super information from your payroll or accounting software to the ATO every time you pay an employee, effectively reporting year to date information to the ATO in real...

Investing in solar

With the cost of installing high quality solar systems decreasing and energy prices continuing to rise, there has never been a better time to install solar. If your business either operates seven days a week, uses a lot of refrigeration (cold storage, supermarkets, hotels/pubs) or you are in the manufacturing, medical or primary industries you may find that your energy consumption is on the higher end of the scale. Investing in solar for your business has many benefits including: General payback period of between 3 to 5 years depending on the size and usage; Reduced power bills; and Environmentally friendly....

Financial crime: The Importance of effective transaction monitoring

Ernst & Young (EY) hosted a webcast on Tuesday February 26th titled Financial Crime which discussed the importance of effective Transaction Monitoring (TM) as well as TM system implementation. If you were unable to listen to the webcast, we have summarised the key points from the webcast below. EY Transaction Monitoring survey The EY TM survey found large Financial Institutions follow a common journey as the Anti-money laundering (AML) TM capability evolves over time. This journey typically has two big cost humps and a long cycle of efficiency, broken up into six stages: 1. Introducing and AML TM solution, 2. Stabilisation...

Using the PPSA to protect your business

Using the PPSA to Protect your Business Many businesses believe the PPSA to be an onerous obligation, only relevant if you hire out equipment, completely missing the very significant benefits the PPSA provides for any business selling goods on credit. One of its principal goals is to help protect you from the insolvency of your customers. It doesn’t matter what you sell, the PPSA is here to help you. A simple rule of thumb – if you have retention of title (ROT) in your terms of trade you should be complying with the PPSA. If you don’t, you should now...

Finance solutions for energy efficient assets

Finance Solutions for Energy Efficient Assets Have you ever thought of investing in solar PV and energy efficient assets but thought there is too much cost involved and you just can’t fathom getting started? The good news is there are finance solutions available which allow you to acquire these types of assets sooner rather than later. Any purchase of energy efficient assets over $10,000 is eligible for asset finance and you can either use the finance to rent or purchase the assets. How financing energy efficient assets can assist you: Improve cash flow by avoiding large upfront costs and rather...

How to better manage and reduce your taxation debt

How to Better Manage and Reduce your Taxation Debt If you are in the unfortunate position of not being able to meet your ATO liabilities as and when they fall due, you need to be very careful about how you deal with this situation. One option is to seek finance from a specialist lender to cover your obligations. The benefit of this is that the ATO doesn’t become a potentially vexatious creditor whose presence in your creditors listing will generally trigger default with your bank or other lenders. Alternatively, you can enter into a repayment arrangement with the ATO. Whilst...

Gross Leverage Ratio: How much debt should you have?

Whilst financial markets have been through a lot of changes in recent years (banks in particular) and there is more to come, it is good to know that some things never change. One lending covenant, or financial covenant, which has regained favour in recent years is the old question “how much debt should I have relative to my cash flow?”. This is known as Gross Leverage Ratio. Gross Leverage Ratio formula Total Debt ÷ Rolling 12 months EBITDA Total debt includes all external/bank term debt facilities. EBITDA = earnings before interest, tax, depreciation and amortisation. As a rule of thumb,...

Business and Finance

Corporate Scorecard: What it is and how it may affect you

Firstlinks

Welcome to Firstlinks Edition 602

Firstlinks

Why the $5.4 trillion wealth transfer is a generational tragedy

Firstlinks

The 2025 Australian Federal election – implications for investors

Firstlinks

Three underrated investment risks in retirement

Firstlinks

100 years of tariff lessons

Recent Insights.

Discretionary trusts: Protect your family wealth

Single touch payroll extended to all employers from 1 July 2019

Investing in solar

Financial crime: The Importance of effective transaction monitoring

Using the PPSA to protect your business

Finance solutions for energy efficient assets

How to better manage and reduce your taxation debt

Gross Leverage Ratio: How much debt should you have?

Firstlinks

Welcome to Firstlinks Edition 602

Firstlinks

Why the $5.4 trillion wealth transfer is a generational tragedy

Firstlinks

The 2025 Australian Federal election – implications for investors

Firstlinks

Three underrated investment risks in retirement

Firstlinks

100 years of tariff lessons

Business and Finance

Corporate Scorecard: What it is and how it may affect you

Firstlinks

Welcome to Firstlinks Edition 602

Firstlinks

Why the $5.4 trillion wealth transfer is a generational tragedy

Firstlinks

The 2025 Australian Federal election – implications for investors

Firstlinks

Three underrated investment risks in retirement

Firstlinks

100 years of tariff lessons

Recent Insights.

Discretionary trusts: Protect your family wealth

Single touch payroll extended to all employers from 1 July 2019

Investing in solar

Ledge’s wrap up of the AOG Expo

Financial crime: The Importance of effective transaction monitoring

Using the PPSA to protect your business

Finance solutions for energy efficient assets

How to better manage and reduce your taxation debt

Gross Leverage Ratio: How much debt should you have?

Firstlinks

Welcome to Firstlinks Edition 602

Firstlinks

Why the $5.4 trillion wealth transfer is a generational tragedy

Firstlinks

The 2025 Australian Federal election – implications for investors

Firstlinks

Three underrated investment risks in retirement

Firstlinks

100 years of tariff lessons