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"You never fail until you stop trying"
- Albert Einstein

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Bookkeepers Unite!

Yesterday Monarch Institute helped welcome eight new students into the I CAN with MYOB Program as it takes off for the second year.ts.

Sally Harris - my learning journey

"Not only does it improve your work skills but it also improves your personal skills, building your confidence and being a team player”.

Why consider a career in logistics?

There are more jobs in logistics than ever.

5 Ways to Grow Your Instagram Influence

How do you grow your Instagram influence and personal brand?

How to become a finance and mortgage broker

How does someone go from no experience, to practicing as a finance and mortgage broker?

Keeping it real: study tips that you should know

Students are often a long way away from their teachers, but that doesn’t mean they are alone. Here's our study tips you really should know...

What's so unique about Australian leadership?

What are the unique qualities and features of Australian Leadership?

Taking on the global bottled water industry

Businesses that can put altruism and authenticity at the core of what they do, build a community of loyal followers.
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Digital Storytelling to Inspire Action in Your Business

If you are wondering what digital storytelling is, here’s a quick explanation.

Is debt good or bad?

There's a lot to be said for 'YOLO'. But at the same time how do you invest in your future?

Embracing online learning - Julie's journey

“I definitely have a natural interest in bookkeeping and accounting that’s always been there, but the course has given me the confidence to really make a difference in my community”

8 Things you should know about family business succession planning

Succession planning can mean the difference between success and failure for a family business.
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Bitcoin – legitimate investment or mania?

Bitcoin is the biggest bubble in town….. or is it?
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Do I really need to up-skill in my small business?

As a small business owner, you’re the master of all departments. Here’s our top reasons to consider up-skilling within your small business.

How do I become a BAS agent?

Students often ask how they can formally add ‘BAS Agent Registration’ to their career portfolio. But what IS a BAS?
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Running a family business - why is it so hard?

A sibling or relative as your small business partner. What could go wrong?
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Logistical challenges in the Asia Pacific region

Logistics in the Asia Pacific region is undergoing changes. Are we meeting Australia's needs?
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Is bricks and mortar retail dead in Australia?

E-commerce retailers are the future. Does this shift represent the start of a terminal death spiral for iconic Aussie retail players, or something else?
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Is Online Learning Productive?

Productivity is real, it can raise living standards. It can allow consumers to become wealthier and businesses to become more profitable.
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Why Tesla's management strategy is unique

Unless your ego is huge or you were born like Bill Gates, don't compare yourself to Elon Musk - you'll feel lazy.
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Going Digital: Industry 4.0 and Beyond

Despite Kodak inventing the digital camera, it filed for bankruptcy protection in 2012. Why?
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Take two on the 'Tax (Financial) Adviser' licensing requirements

What happens when you sit with a bona fide conspiracy theorist at a financial advice event?
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New Career? New You?

You know the feeling, when you are on the brink of something new? Yeah me too.
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Small Business: The Australian Necessity

Is starting a small business good for you?

How you can avoid a Dick Smith moment

here today; gone tomorrow. Dick Smith's journey wasn't unexpected.
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Get ready for success - The SMART way

How do we decide what success means to us and how can we achieve it?

Is it sound financial advice to tell a client to buy a boat?

Ok before you shake your head in despair, I have a confession to make.

MYOB cloud makes for a bright future

Bookkeeping and accounting professionals have technology to thank.
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Can you seriously learn from fellow students?

Our students that do our courses range from 17 years old to 70 years old. Can it work?
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Bitcoins – fad or the real thing?

This is the first time a deal has been made between an Australian bank and Bitcoin putting Westpac at the forefront of cryptocurrency investment in Australia...
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How much is MYOB worth? Try 2 Billion Dollars.

MYOB listed on the stock exchange in May 2015 at a commanding 2 Billion dollar price tag! If there was ever a question about precisely how valuable this accounting software company was, the share market debut confirmed it.
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Learn about annuities in our Diploma of Financial Planning. A good option?

Investing in cash is simple right? Well in the most part yes. However, different investment options do exist when it comes to deciding how to invest in cash or fixed interest investment options. But first let’s get a little perspective.

Accounting software package review

With numerous software packages out in the accounting and bookkeeping arenas, choosing the best one for your business needs can be confusing.

Learn and listen up, ...TED's talking

If you are in need of a little inspiration, knowledge and ideas from time to time and you DON’T want to study within a 'paid' course, are there other options? In short yes. But first, a confession.
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Are you looking for an RG146 specific Online Insurance course?

When talking about life insurance it's certainly not one-size fits all. Whoever said, ‘the more things change, the more they stay the same’, was dead wrong when it comes to life insurance.

ASIC have changes in store for Accountants!

Most people are pretty clear that Accountants and Financial Planners provide different services (...in the most part). Accountants specialise in providing tax advice and managing their client's tax obligations with the ATO.

A new SALES course for you

Did you know nearly 12% of ALL jobs are full times sales positions?
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How do I become a BAS Agent?

The ultimate question - how do I become a BAS Agent?

Millionaires entitled to Centrelink? You bet!

If you thought providing Centrelink advice was exclusively for the disadvantaged and destitute, think again! Did you know millionaires in Australia are eligible for part Age Pensions?

Looking to career change into Bookkeeping or Financial Planning?

Changing your career at any age need not be a daunting prospect, it can be a fun and stimulating process.
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5 Tips for study success!

Studying online offers flexibility for people with busy lifestyles. Students find they can combine family, work and social commitments more effectively when they are able to self-pace their learning rate.
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Why is June 30th such a big issue for Financial Advisers?

Forget the winter football fever, the big challenge facing financial advisers is how to legally help their clients reduce their tax bill before the financial year.

Free membership to the Institute of Certified Bookkeepers

Yes correct....for a limited time, you will receive a FREE 12 month student membership into the Institute of Certified Bookkeepers (ICB) when enrolling in either the Certificate IV in Bookkeeping, Certificate IV in Accounting or Dual Qualification.

Study Online, learn MYOB the right way and prosper!

Real world experience...you bet. Whoever said studying accounting and bookkeeping wouldn't give you "real life" experience! Did you know when studying our Online Certificate IV in Accounting or Certificate IV in Bookkeeping, Monarch provides you access to a state-of-the-art learning management system?

Soft skills – an important ingredient in your success.

Many students studying financial planning and accounting and bookkeeping with us are naturally focussed on becoming technically proficient with the subject matter at hand. This is of course a very good thing!
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The monk who sold his Ferrari....

We hope you have a fantastic forthcoming year...we can't believe it is already the start of February! As always we want to make sure our Blogs are timely, relevant and make you think.
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Is money the best reward?

When trying to motivate staff, many managers think “reward” and automatically jump to “money” alone. But though money can rent loyalty, it can’t buy it.
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How market "disruptions" allow businesses to survive and thrive....

All business sectors go through challenges at some point in their life cycle. Just ask Apple. Can you believe there was talk about Apple moving into bankruptcy prior to the introduction of the iPod in 2001.
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Studying online - the 'NEW' normal

Things are moving quickly in the education space, and Monarch not surprisingly has chosen to be a forerunner. What does that mean for you, our valued students? A better experience. After all that is what we obsess about. And who said being obsessive is always a bad thing :)
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New Horizons

As a specialist financial services training provider, we often get asked about programs sponsored by companies working within the financial planing industry. The AMP Horizons program is one of those programs we frequently get asked about. As the name suggests, it is run by AMP and offers candidates anywhere in Australia the opportunity to get into the financial planning sector via a unique pathway.

About the Association of Financial Advisers (AFA)

When entering a new industry like financial planning, it is important to ask as many questions and to gain as much valuable wisdom from successful professionals that have "been there and done that" before you. Success is something that doesn't happen over night, but it certainly can be learnt.

The social media revolution in financial services

A recent article in the Financial Planning online insurance journal 'Riskinfo' outlines how social media programs are being launched by large financial planning dealer groups to help improve the engagement of financial planners with their clients and the community.
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Our Superannuation course materials are .... super!

If you are on this blog, you are probably aware that being RG146 accredited in superannuation (either being able to provide personal and/or general advice) is a pre-requisite to working in most job roles in superannuation within the financial services industry.

Socially responsible investing is back!

Ethical, socially responsible, sustainable.... call it what you like, however investing with a conscience has moved to centre stage since the Global Financial Crisis (GFC) as returns of the top responsible funds have outpaced the market.

Are you disturbed by this billboard...we are!

A student of ours took a photo of this billboard yesterday located on an intersection in Kew, Melbourne. It's still there apparently.....
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The year of the snake

We were fortunate to hear from ANZ Bank CEO, Mike Smith last night at their Chinese New Year function that we were kindly invited to. Mike Smith discussed China mainly (...given the theme) and how important China's economy is to Australia's continued prosperity.
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Run your own business and start growing a nest egg

I read with interest an article the other day in Money Management that said there has been a significant increase in financial planners over the last 3 months who have chosen to list their practice for sale with specialist brokers.
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Unfunded superannuation liabilities - what are they?

Did you know that not everyone's superannuation money is sitting in their account ready to be taken at retirement? Some people's super money is merely 'synthetic' meaning an amount of money exists that the policyholder is entitled to, yet its in the form of an IOU!

Road merging ahead

The inevitable consolidation between accounting practices and financial planning practices is not a new concept. However, the timing is gathering pace according to many well known industry sources leading many to speculate the next 5 years will see a dramatic merging of traditional financial advice and tax accounting business models into a 'one stop' financial advice shop.

Insurance providers claw back more commissions

The 'modern' financial planning industry now only allows commission to be paid to financial advisers on the sale of life insurance products. All other income must be generated via a fee for service arrangement with a client. Now getting back to insurance, these products can include a variety of policy types including Income Protection, Trauma, TPD and Life insurance.

What does Pacman and the financial planning industry have in common?

They both are gobbling up anything in sight, that's the commonality! In the last 12 months, participants in the financial planning industry have increased their appetite for acquisitions - you might want to call it a feeding frenzy. You only need to look at some of the deals of late.

New superannuation changes as we usher in a new financial year

A few changes have occurred this new financial year (...and we are only 2 days in) in the superannuation area impacting many people, particularly older Australians nearing retirement. These changes have forced financial advisers to re-assess investment and broader super strategies with their clients - a good thing because client reviews on a regular basis are crucial to good long term financial planning.

New online assessment tool gets a big tick

Monarch recently launched a new online assessment tool for students. The student feedback has been overwhelming, instant and very positive - a fantastic result for all staff that worked hard on getting it 'right' first time around. The main student comments have been that the new tool is intuitive, easy to use and ultra efficient.
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Superannuation no longer sacred

The only certainty in life - death and taxes won't change anytime soon. But whilst we are on the subject of the latter, the Financial Services Minister Bill Shorten's announcement on 27th April 2012 that the superannuation tax is changing effective July 1st 2012 for people earning $300,000 may be just the start of the government tinkering more with super going forward.
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‘Bad adviser behaviour’ is back in the headlines

Most natural disasters – which you can confidently categorise the Storm financial debacle fitting snuggly into, run a routine path.