The Inside Look August


Planning Your Week – 3 Habits – Every Sunday 

Recently I had the pleasure of sharing with our team some learnings around planning (see the 10/90 rule below) and specifically how every Sunday I go about planning for the week ahead. 

Okay, I have never been the most organised cat, however in recent years, I have become a lot more deliberate in how I go about using my time, as well as spending around 30 minutes on a Sunday planning for the week ahead.

The 3 habits I follow are: 

Habit 1: Setting Goals (for the week ahead)

These are the consistent actions that I need to take on a daily and weekly basis to achieve the longer-term goals and projects I have set; giving them a specific time in my calendar to work on.

It is breaking these bigger projects into bite-sized chunks that can be ticked off as we make progress towards the bigger project. 

Habit 2: Reviewing the Previous Week 

Have the courage to review how you went, and reflect and make the changes to improve next week. It will give you an insight into what worked, what didn’t, the habits you need to continue to focus on building, and the distractions you should look to eliminate.

Habit 3: Planning the Upcoming Week 

Doing this provides clarity and structure to your schedule while giving a time and place to work on each task, removing ambiguity and helping to reduce procrastination.

I know when I don’t spend the time planning for the upcoming week, I am not as effective with the use of time and therefore don’t produce at the level I intended. 


In addition to this, each night I like to journal about the day in question; reflecting and adjusting the weekly plan accordingly. We all know things will come up, which is okay – as having clarity about what I set out to achieve at the start of the week makes rejigging things easier when required.

I leave you with this though: Failing to Plan is Planning to Fail. 

 10/90 RULE

In a recent champion training session we held as a team, we delved into the idea of the 10/90 Rule. The Rule states that 10% of your time spent planning and organizing your work can save you 90% of the time it takes to accomplish the job and that by simply having clarity about what it is you want to achieve, you can create the motivation to get things done.

The rule can be broken down into three basic points which are listed below:

  • Planning your day before going to bed – Making the commitment to yourself on how your time will be spent as touched on previously.
  • Time blocking your highest priorities – By scheduling things into your calendar you have the benefit of not only consciously being aware of your goal but utilizing your subconscious to work behind the scenes to conjure ways of getting things done (i.e. those magnificent revelations or ideas you have in the shower).
  • Outlining the task before you begin – Clearly identify what it is you want to achieve and outline the steps needed to get the result. (NB.but don’t get hung up on the planning as too much can lead to procrastination.) 

Interested in finding out more?
Above is a quick clip explaining the rule in more depth.


Distraction is everywhere – from phone calls and app pings, to email and now for many of us the added challenge of working from home. 

Solution = Batching!

Task batching is the act of batching similar tasks together and doing them all at once, rather than addressing them sporadically throughout the day. For example, running a washing machine with one article of clothing consumes the same amount of time and energy as running it with 10 kilos of laundry, so to be cost-effective and time-efficient, it makes sense to wait until we have enough laundry to make up a full load. 

The aim of batching is to break the cycle of distraction allowing you to commit to one specific task without constant interruption. By focusing solely on a single job, whether it’s replying to emails or filling out your expenses, you’re able to create a more concentrated workflow, minimize disruptions and procrastination, and pay more attention to detail by creating these structured blocks of time in your workday.

To learn more watch the following short clip on How Batching Can Help You Maximize Your Productivity.


A long awaited change to the Self-Managed Superannuation Fund system has now become law.

A proposal presented back in 2019 to increase the allowed number of SMSF members from 4 to 6 has officially come into effect as of 1 July 2021. While this may not apply to all SMSFs, it could be a strategy used by families with adult children to allow them, and potentially even their spouses, to join their parent’s fund.

Having additional members in your SMSF could give you access to a larger pool of funds for investment purposes, especially if your fund is considering property investment, as well as allowing for more diversification of investments.

The other benefit would come in the form of cost savings – as SMSFs tend to have fixed administration costs regardless of the number of members, more members would share the load resulting in a lower cost per member.

However, there are also disadvantages to having additional members in the fund. As the saying goes, too many cooks spoil the broth. 

But if this is still something that you believe could be a benefit to your fund please get in touch with your adviser to discuss in more detail.


The Victorian Government has announced grants available to regional Victorian businesses following the widening of the current lockdown to regional areas once again and the extension of the Metro Melbourne lockdown. 

The funding follows the same patterns as we have previously seen, being that if you have received it before, you will get it again.

Unfortunately at this stage, it does not appear that they will be allowing businesses who have now become eligible to apply for the funding however we will let you know if this changes.

Grants to be paid are as follows:

Business Costs Assistance Program
Businesses will automatically receive payments of $5600 if they have previously received grants under the Business Costs Assistance Round Two or July Extension programs.

Licensed Hospitality Venue Fund
Automatic Payments between $5000 to $20,000 per week will be made to more than 2,000 licensed hospitality premises in regional Victoria that have previously received grants under the Licensed Hospitality Venue Fund 2021 or July Extension programs.

Alpine Resorts Winter Support Program
Payments of $5,000, $10,000 or $20,000 per week, depending on business type and location.

COVID-19 Disaster Payments
Eligible workers who lose work due to the lockdown can access the Commonwealth’s COVID-19 Disaster Payment.

Small Business COVID Hardship Fund
Businesses that do not qualify for this new support and have experienced a reduction in revenue of at least 70% are encouraged to apply for the Hardship Fund.

For more information about these available business support programs head to the Victorian Government website or alternatively, feel free to reach out to your adviser.


We would like to share the wonderful news that our much loved EA, April Strobel, has left on maternity leave in anticipation of the arrival of her first baby. We wish her and her husband Joel all the best as they step into the new adventure that is parenthood.

As luck would have it, Megan Stoll (our HR Officer, Admin Leader and April’s sister), will also be saying goodbye in the upcoming weeks as her, fiance Tyler and daughter Addi will be also welcoming to the world another baby.

We wish both girls all the best as they take leave to focus on their beautiful growing families.


21 Sept 2021August monthly BAS due


As you may already know we have added a couple of new friendly faces to our team of late, one being Emily our new addition to the client relations team. Find out a little more about her in her “Meet the Team’ profile below.

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