360Private

In an aim to assist in the COVID recovery around tourism, the South Australian Government has introduced a Tourism Industry Development Fund aimed at supporting and stimulating private sector investment in new and improved regional accommodation, and the development of quality tourism product and experiences.

Through the South Australian Tourism Commission, the State Government is committing $20 million to the Tourism Industry Development Fund over two years to support regional tourism in South Australia. There are two streams in the Tourism Industry Development Fund – Regional Infrastructure Projects, and Regional Product and Experience Development Projects.

The Tourism Industry Development Fund aims to:   

  • Improve tourism infrastructure and experiences that appeal to target markets.
  • Grow economic benefit by encouraging increased visitor expenditure.
  • Create new jobs and develop skills.
  • Encourage further development by the private sector in infrastructure and visitor facilities.
  • Encourage businesses to work collaboratively.
  • Implement sustainable business practices.

Applicants can seek grants from $20,000 to $500,000 (excluding GST) with a maximum of 30 per cent State Government grant of the total project value.

Full details of this Fund are available at the SA Government Website, or please feel free to contact your 360Private Advisor to discuss further.

https://tourism.sa.gov.au/support/tourism-industry-development-fund

Recent posts

  • Retirement Village Contracts

    Written by 360Private

    Published: 11 January 2021

    Retirement Village Contracts Entering a retirement village is a major financial and lifestyle decision.  It is prudent to include your family in the decision to move in to a retirement village. Retirement villages for the most part offer a fulfilling, communal lifestyle but you need to be aware of some of the key features of the retirement village model, these being; You don’t purchase the bricks and mortar of the retirement village unit, you are purchasing a right to occupy the unit by way of an interest-free loan to the retirement village operator; You do not receive a certificate of title and you will not be noted on the title (which is held by the retirement village operator); You are required to pay an entry fee which is returned to you or your estate less deductions when your tenure comes to an end; You still need to pay a regular maintenance fee (either weekly, fortnightly or monthly) whilst you are living in the retirement village; and Each retirement village has its own residence rules governing the conduct of the residents.
  • A Will– To Have or Not to Have

    Written by 360Private

    Published: 07 January 2021

    Is a Will a must have or just something your advisors keep telling you that you need? There are a few key points that you should understand around why you may need a Will. When you pass away you will either have a Will, or not have a Will. If you have a Will then your Estate (a combination of your personal items, bank accounts, property, investments, superannuation etc.) will be administered according to the terms of your Will and pass to the people you have nominated as beneficiaries. If you pass away without a Will it is said that you have died ‘intestate’ and your Estate will instead pass in accordance with the laws of intestacy. Laws of Intestacy
  • Merry Xmas from 360Private

    Written by 360Private

    Published: 21 December 2020

    We would like to take this opportunity to wish you and your family a Merry Christmas and a very Happy New Year!  We know this has been a difficult year for many individuals and small business – please remember that we are only a phone call away and are happy to assist you with any queries you may have during this time and provide support where needed.  Our offices will be closed from lunchtime on Wednesday 23 December 2020 and will re-open on Monday 4 January 2021.  We will be checking our voicemail during this time should you require any urgent assistance. Warm wishes to you and your family
  • 360Private Audit Services

    Written by 360Private

    Published: 21 December 2020

    360Private have a dedicated Audit team supported by qualified and experienced team members who can assist you in navigating complex legislative requirements to ensure that you achieve compliance with all regulatory obligations.   360Private Audit have extensive experience in auditing many types of organisations and organisational structures in both the profit and not-for-profit sectors.  We will work closely with you and your representatives in order to understand your organisation, its goals and objectives, key risks, operations and financial processes. We’re committed to providing you with helpful and professional service, so please contact us today to speak to our Audit team today should you have any Audit requirements on 8291 2111.
  • Budget 2020

    Written by 360Private

    Published: 13 October 2020

    The Federal Treasurer, Josh Frydenberg, handed down the 2020/21 Federal Budget on 6th October 2020. The Federal Budget aims to assist job creation, investments and household spending through significant personal income tax cuts, incentives for businesses employing new staff under 35 and immediate write off for any eligible business asset purchases. Income Tax Cuts Personal income tax cuts will flow through to more than 11 million taxpayers. The changes are worth an estimated $1,080 per year for people earning between $45,000 to $90,000 and up to a maximum of $2,430 per year for people earning more than $120,000.

Financial health check

Whether it be a query about superannuation, investments, insurance, mortgage or any other financial based questions, get 360Private to check on your financial health.

Client testimonials

Very high quality professional advice

The team from 360Private have been our taxation and superannuation advisors for the past 15 years. Throughout that time we have received very high quality professional advice to assist us progress to long term goals of financial independence.

Read more ...

 

.