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Take Advantage of the Government’s “Instant Asset Write-Off” Program

Take Advantage of the Government’s “Instant Asset Write-Off” Program

The Instant Asset Write-Off (IAWO) Threshold

The higher IAWO threshold provides cash flow benefits for businesses that will be able to immediately deduct purchases of eligible assets each costing less than $150,000. The threshold applies on a per asset basis, so eligible businesses can immediately write‑off multiple assets.

The IAWO is due to revert to $1,000 for small businesses (turnover less than $10 million) from 1 July 2020.

Eligibility

The Government is expanding access so that more businesses can take advantage of the IAWO. The annual turnover threshold for businesses is increasing from $50 million to $500 million. Expanding the threshold will mean an additional 5,300 businesses who employ around 1.9 million Australians will be able to access the IAWO for the first time.

Timing

This proposal applies from 12 March 2020 until 30 June 2020, for new or second‑hand assets first used or installed ready for use in this timeframe. However, these changes do not take effect until new laws are passed.

We’ll provide more information about how to access the IAWO as it becomes available.

Learn more about the instant asset write-off.

Examples of how the instant asset write-off can help your business

Business benefits from increased asset threshold

Owen owns a company, ON Point Farms Pty Ltd, through which he operates a farming business in the Central Wheat Belt of Western Australia. ON Point Farms Pty Ltd has an aggregated annual turnover of $25 million for the 2019‑20 income year. On 1 May 2020, Owen purchases a second hand tractor for $140,000, exclusive of GST, for use in his business.

Under existing tax arrangements, ON Point Farms Pty Ltd is not able to immediately deduct assets costing more than $30,000 and instead would depreciate the tractor using an effective life of 12 years. Choosing to use the diminishing value method, ON Point Farms Pty Ltd would claim a tax deduction of $3,899 for the 2019‑20 income year.

Under the new $150,000 instant asset write‑off, ON Point Farms Pty Ltd would instead claim an immediate deduction of $140,000 for the purchase of the tractor in the 2019‑20 income year, $136,101 more than under existing arrangements. At the company tax rate of 27.5 per cent, Owen will pay $37,427.78 less tax in 2019‑20.

This will improve ON Point Farms Pty Ltd’s cash flow and help his business withstand and recover from the economic impact of the coronavirus.

Business benefits from increased turnover threshold

Samantha owns a company, Sam’s Specialty Roasters Pty Ltd, through which she operates a large food processing business in Brisbane. Sam’s Specialty Roasters Pty Ltd has an aggregated annual turnover of $150 million for the 2019‑20 income year. On 1 May 2020, Samantha purchases five new conveyor belts for her production facility for $40,000 each, exclusive of GST, for use in her business.

Under existing tax arrangements, Sam’s Specialty Roasters Pty Ltd is not eligible for the instant asset write‑off and instead would depreciate the conveyor belts using an effective life of 15 years. Choosing to use the diminishing value method, Sam’s Specialty Roasters Pty Ltd would claim a total tax deduction of $4,456 for the 2019‑20 income year.

Under the new $150,000 instant asset write‑off, Sam’s Specialty Roasters Pty Ltd would instead claim an immediate deduction of $200,000 for the purchase of the conveyor belts (i.e. $40,000 for each conveyor) in the 2019‑20 income year, $195,544 more than under existing arrangements. At the company tax rate of 30 per cent, Samantha will pay $58,663.20 less tax in 2019‑20.

This will improve Sam’s Specialty Roasters Pty Ltd’s cash flow and help her business withstand and recover from the economic impact of the coronavirus.

For more information, please visit:

https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/instant-asset-write-off

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Latitude Pay Now Avaliable at AWAVE

AWAVE provides multiple payment options from Latitude Financial Services. To read about other options from Latitude click here.

Good stuff happens now

Latitude Pay is now available at AWAVE!

Latitude pay is and exciting new way to pay. Shop at your favourite stores, online or in person. Buy the things you love to empower the life you want and pay just 10% upfront with LatitudePay.

There are zero surprises with LatitudePay. It does what it says on the box: 10 weekly payments instead of all at once. No interest, and no waiting for your new gear or great experience, just wonderful-ness.

Get set up in minutes

Sign up is super simple and if approved you can start using LatitudePay straight away.

No interest. Never ever

Latitude pay won’t charge you interest, and you won’t pay any fees when you pay on time. Payments are automated, plus Latitude will remind you.

Now’s good

No more waiting for weeks for what you want today, get it now and pay over 10 weekly payments. When you’re inspired, strike like a cobra. A shopping cobra.

 

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MOTU Introduce M2 and M4 UBC-C Audio Interfaces

MOTU Introduce M2 and M4 UBC-C Audio Interfaces

When shopping for an audio interface, singer/songwriters and podcasters oftentimes don’t need the full gamut of features. They want a reliable, easy-to-use unit that sounds great. That’s exactly what MOTU’s latest offerings give you — a streamlined design, high-level performance, and top-notch sound. This series of budget-conscious and high-quality USB-C audio interfaces includes the 2-in/2-out M2 and the 4-in/4-out M4.

Class-topping Sound Quality

When it comes to audio quality, the M2 and M4 are at the top of their class. They boast ESS Sabre32 Ultra DAC technology (the same D/A as MOTU’s flagship 1248), delivering unbelievable clarity with 120dB of dynamic range. Both models include MOTU’s transparent-sounding mic preamps, low-noise DC-coupled analog outputs, and an ESS-driven headphone output. Their latency specs are impressive, yielding round-trip latency as low as 2.5ms at 32-bit/96kHz. Whether you’re recording, mixing, or just listening, you can expect top-level sound from these audio interfaces.

Front of M4 Audio Interface

Podcasting Made Easy

MOTU’s M2 and M4 are tailor-made for livestreaming and podcasting, thanks to their loopback function. This enables you to blend your mic and other input signals with your computer’s output and then send the blended signal back to your computer, where it can be recorded. The M4 takes this functionality to a higher level with the inclusion of a Mix knob that balances your live input with your computer’s playback.

Back of M4 Audio Interface

Zero-latency Hardware Monitoring

Recording with the M2 and M4 is a pleasure, by virtue of their 1-touch hardware monitoring capability. This feature routes all the interface’s analog inputs directly to its analog outputs, thereby granting you zero-latency operation. The result? No annoying delay between what you play, sing, or say and what you are hearing in your headphones. You can also record the interface’s inputs simultaneously, which supplies zero latency while tracking.

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Focal Trio11 Be – The Loudspeaker Dedicated to Nearfield and Midfield

Focal Trio11 Be – The Loudspeaker Dedicated to Nearfield and Midfield

As well as new speaker drivers (a 5” midrange and a 10” subwoofer) with high efficiency and power handling, the Trio11 Be monitor enjoys all of Focal’s very latest technologies when it comes to acoustics and electronics: TMD and NIC technologies; optimised vents that promote dynamic control and perfect bass definition; high excursion, enabling even more linearity of the subwoofer…

Thanks to its class G amplification, Trio11 Be delivers a high SPL (118dB at 1m) and offers a great versatility of use and installation configurations in nearfield AND midfield applications. A key asset, always coming along with an extremely precise sound reproduction and stereo image.

With an extended bandwidth (30 Hz-40 kHz), this loudspeaker is also composed of a 3-way monitor and a 2-way monitor, just like Trio6 Be, which lets you check the mix transfer sound quality thanks to FOCUS mode.

With Trio11 Be, power and versatility are waiting for you!

Feel the difference!

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Neve AMS at Awave

Neve AMS at Awave

With a reputation for creating the world’s sweetest sounding and longest-lasting analogue and digital consoles, the most discerning artists, producers and facility
owners regard our products as number one for desirability on their equipment list,
and have done for the past fifty years.

AMS Neve is a dedicated, engineering-led and privately owned Company whose continuing mission is to provide the best possible sound, capability and operational
experience for the most creative people in the world – whether it be for film,
recorded music, or TV and broadcast.

All of our products are designed and built in England in our purpose built,
integrated facility. Close supervision of the entire process by the
product designers ensures the finest performance possible.
Recognised by all the premier bodies in the various fields of music, TV and film, the products and their designers have been honoured by two Scientific and Engineering Academy® Awards, an Emmy™ and a Grammy™ amongst many others. We have
pioneered a very large number of the ground-breaking techniques in the industry
including hard disk editing, digital console technology, digital audio for film, microprocessor controlled effects units and standards such as MADI.

In the transient world of short product life cycles, AMS Neve’s products stand the
test of time. In addition to being designed and built to last, our long-standing policy
of offering continuing upgrades to take advantage of the latest technology and
techniques on many products means obsolescence is minimised. The value in your
AMS Neve equipment remains long after the alternatives are in landfill. A large
proportion of all the products we have ever made are still in daily use and many
have achieved iconic, dearly loved and valuable status.

A sound investment indeed.

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Introducing The Slate Digital VRS8 Thunderbolt Interface

Introducing The Slate Digital VRS8 Thunderbolt Interface

THE VRS8
The result of nearly three years of development, the new VRS8 Virtual Analog interface unifies Slate Digital’s software and hardware into a robust audio ecosystem called The Virtual Recording Studio. We used a “no compromise” design approach, resulting in a fantastic-sounding eight channel audio interface that leads the industry when it comes to components, specs, price and performance.

FEATURES

EIGHT ULTRA LINEAR PREAMPS
The start of any signal chain is extremely important, which is why the VRS8 features EIGHT high bandwidth Ultra Linear microphone preamps. These are the same ‘blank canvas’ design as the VMS-One preamp from our award-winning Virtual Microphone System, enabling you to use our modeling software to recreate the authentic sound of famous microphones and preamps. Each preamp has its own high-quality metal knob, so you can easily set levels like a regular analog preamp – instead of using single logic controller knobs and menus, as some of our competitors have chosen to do.

INDUSTRY BEST CONVERTERS
The next step in the signal chain is the converter itself. Instead of using budget components, the VRS8 offers mastering-quality conversion by incorporating the newest AKM AK5578 converter chips – offering a whopping industry-best 124db of dynamic range on all 8 inputs!

HIGH QUALITY COMPONENTS
The sound of an audio interface relies on much more than the converter chip itself – all of the components in the audio circuit have a direct result on the audio quality. Keeping to our “no compromise” design aesthetic, the VRS8 utilizes high-quality WIMA capacitors for the entire audio path.

LOW LATENCY NATIVE
Part of the goal behind creating the Virtual Recording Studio was to provide a near-realtime experience when using our analog modeled plugins while tracking. In order to achieve that goal, we created a new technology called LLN, which stands for “Low Latency Native”. LLN utilizes a custom hard-wired converter chipset, which reduces managed components in the audio path and allows an incredible .7 milliseconds of latency at 96K (with a 32 sample buffer). This latency spec allows you to monitor through mic and preamp emulations while tracking, giving you the ability to hear your audio in context while still allowing you to change your mind later.

XTC AUDIO CLOCK
The audio clock is the heart of any recording interface, which is why it was important that the VRS8 had a killer clocking system onboard. We use satellite-grade XTC clocking technology, utilizing four temperature-compensated crystal oscillators for ultra-stable audio performance, keeping your audio jitter and distortion free.

DISCRETE HEADPHONE AMPLIFIERS
Most engineers listen to music on headphones when working in the studio, but headphone amplifiers are the first place that manufacturers usually look to cut costs when building an interface. Instead of using typical designs that cost mere pennies, we use discrete amplifiers to ensure that your headphones sound robust and clear for all of your monitoring tasks. Not only that, we also added in two separate monitor mixes and the ability to use the VRS8 as a speaker switcher.

CROSS PLATFORM LOW LATENCY PERFORMANCE
The world of audio interfaces is rarely cross-platform when it comes to performance, meaning that Mac devices (using Thunderbolt) usually far outperform PC interfaces (using USB). While USB can be effective for two-channel designs, it requires more CPU overhead to manage, resulting in higher CPU usage and latency versus Thunderbolt – and the problem just gets worse as you add more channels. Unlike any other interface on the market, the VRS8 offers both Thunderbolt and PCIe connectivity for maximum cross-platform compatibility. The PCIe performance is the same as Thunderbolt. You can also link up to 6 VRS8’s via Thunderbolt to achieve 48 inputs and outputs.

NATIVE MIDI IO
Our “no compromise” design goal extended well into areas that other manufacturers simply ignore, which is evidenced by the VRS8’s native MIDI IO. Unlike USB MIDI interfaces (where MIDI information has to fight with your mouse, keyboard, and other USB traffic) MIDI IO on the VRS8 never touches the USB bus. You can count on hyper-accurate MIDI timing, and stuck sustain pedals when tracking keyboards and synths should become a thing of the past.

EVERYTHING BUNDLE – FREE FOR ONE YEAR!

The Slate Digital Virtual Recording Studio Ships With A Year License Of The Everything Bundle. The Everything Bundle includes all of the award-winning Slate plugins, worth thousands of dollars. Using the VRS8 and VMS Microphones, you’ll be able to track through world-class microphones, preamps, equalizers, and more in real time.

THE VRS EXPERIENCE
Now you can experience the Slate Virtual Recording Studio including all of our microphone models. Click below to go to the VRS Experience page where you can download all the Slate plugins including demos of our VMS microphone plugins, as well as a multitrack session recorded with VMS mics through our VRS8 interface. When you download the plugins and the session, you can load up a track, and experiment with different world-class virtual microphones from the mic locker. Hear the vintage FET47F, 414, and ribbon 121. Try the vocals through the vintage tube 67s, 251, 47s and more.

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Awave Mix It with FOCAL SM9 Trade In Deal (Limited Time Only)

Awave Mix It with FOCAL SM9 Trade In Deal (Limited Time Only)

Get a pair of amazing Focal SM9 Studio Monitors for $5999.00, when you trade ANY eligible model from brands including  ADAM, DYN-AUDIO, KRK, EVENT, GENELEC, EVE, BAREFOOT, QUESTED, FOCAL, MACKIE, PMC, UNITY AUDIO, YAMAHA.*

These professional studio monitors normally retail for $12,398 A PAIR!

Call Awave on 03 9813 1833 or email sales@awave.com.au to organise you trade in deal today, before stock runs out.

*All monitors traded must be in pairs. Subject to full working & cosmetic condition – offer is limited while stocks last

 

 

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Undertone Audio In Stock at Awave

Undertone Audio_Awave

Undertone Audio In Stock at Awave

There are a few limitations of the original Fairchild that we set out to address. First, we have made careful adjustments to the circuitry that greatly improve the lifespan and reliability of the tubes. Additionally, we’ve added a whole host of exciting new features that have never before been available on a Fairchild. The UnFairchild sports 6 original preset Time Constants and 4 variable Time Constants (attack and release), MS function, side chain processing, a true bypass, fine adjustment of left/right balance, user adjustable “DC Threshold”, and “Feed-Back” vs. “Feed-Forward” functionality. With the UnFairchild, we’ve made this extraordinary circuit flexible enough to handle pretty much every compression task on any style of music.

Checkout the Unfarichild 670M II and more below.

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IN THE SPOTLIGHT: BAE Audio

In The Spotlight BAE Audio

IN THE SPOTLIGHT: BAE Audio

Based in Southern California, BAE build hand-wired transformer-balanced outboard recording gear faithful to classic English and American designs.
We stock all BAE Audio’s extensive product range here at Awave which you can view here:

https://awave.com.au/brand/bae-audio

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Dangerous Music Bundles!

Dangerous Music Bundles!

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Roland Jupiter X – In Stock at Awave

Roland Jupiter X – In Stock at Awave

Since the release of the JUPITER-4 in 1978, the name JUPITER has marked the pinnacle of Roland sound and playability. Roland synthesizers with the JUPITER name carry our most advanced sound technologies, are supremely playable, and are built from premium materials.

JUPITER-X combines classic Roland design and premium build quality with a powerful new synth engine. It faithfully recreates sought-after instruments from our long history of genre-defining sounds. And with multiple layers, loads of polyphony, and deep hands-on control, you can craft huge, spacious sounds that have as much sparkle as they have warmth and punch.

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Mammoth Audio Launches Density Virtual Instrument

Mammoth Audio Launches Density Virtual Instrument

A groundbreaking experimental virtual instrument loaded with over 1500 organic One-Shot samples and 3 fully Playable Instruments, DENSITY simplifies the composing and sound design process into one intuitive GUI.

Featuring:

  • Over 1500 One-Shots

  • 3 Playable Instruments

  • Customisable Macro System

  • Loop Section

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Introducing the Upton 251 Tube Condenser Microphone

Introducing the Upton 251 Tube Condenser Microphone

The Upton 251 microphone is a condenser microphone based on the classic Telefunken Ela M 251 which was produced by AKG from around 1960 to 1965.  The original 251 is widely regarded to be one of the finest microphones ever made and is great for many recording applications. Our 251 utilizes our CK12 capsule, our T14 transformer as well as the original circuit design. Please contact us for more information.

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Introducing the Polyend Tracker

Introducing the Polyend Tracker

Break the pattern

A retro form factor updated with forward looking functionality and designed as an easy to use compact standalone workstation. Made for the creatives who break patterns on a daily basis. Designed to help artists forge unique avenues of sonic construction.

Introducing the first hardware tracker in the music world.

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Audient AP8024-HE Console Makes Teaching Signal Flow “A Dream”

Audient AP8024-HE Console Makes Teaching Signal Flow “A Dream”

At West Valley College, Director of Commercial Music, Jeff Forehan is discovering how easy it is to teach signal flow to his music/recording students with the new ASP8024 Heritage Edition mixing console, which he refers to as “a serious upgrade.” Since the arrival of the desk, things are falling into place much more quickly for the students.

 

They love it. Although they are intimidated at first, with proper instruction they get it easily.” According to Jeff, that’s down to the console itself. “Teaching signal flow is a dream; it’s very logically laid out.”

 

“Teaching signal flow is a dream; it’s very logically laid out”

 

Comprising 48 channels as well as Dual Layer Control (DLC) for easy integration with DAW, the British desk measures close to 3 metres (just under 10ft) so it’s no wonder it might be imposing at first glance.

 

Yet despite its size, it was actually the cost that was one of the driving factors in choosing Audient. “We were able to get so much more bang for our buck, not only in terms of extra features on the desk, but also to purchase the outboard gear, monitors etc. It is also way less complicated than the other high-end professional desk we were considering.”

 

“The creative master section and built-in bus compressor are nice touches”

 

The Audient is at the heart of the school’s surprisingly large studio space, which is blessed with high ceilings and adjustable acoustics. “It’s large enough to record a full rhythm section, small choir or jazz band – which we have done. That room is shared with the video/film program so we have a green screen, great lighting as well as a collection of state of the art cameras.” Jeff adds, “The control room needs a facelift, but it is large enough for 25-30 students to hang out in comfortably as I instruct.”

Students huddle around the 3 metre wide ASP8024-HE with Jeff Forehan

 

Once the ASP8024-HE was installed, Jeff’s decision to choose Audient was substantiated: it was indeed a serious upgrade. “The sound, for one, is an incredible improvement over what we had,” he confirms. “The creative master section and built-in bus compressor are nice touches as well.”

 

All of this aligns with West Valley College’s ongoing commitment to providing the highest quality educational experience. “We continually refine our course offerings in terms of content/projects as well as our comprehensive 24-unit Commercial Music Production certificate of achievement program, which includes my commercial music/recording programs,” he explains.

 

Director of Commercial Music, Jeff Forehan gets hands-on

Classes incorporating use of the Audient console are Recording Arts I, II, III, Sound Design (for Foley and VO) and Music Production from which some 60-75 students will get their hands on it over the course of the year.

 

All in all, the future of West Valley College is bright. A new music building which will include a state-of-the-art recording studio is on the horizon, with construction due to start in a couple of years.

 

In the meantime, Audient wishes Jeff and his students every success with their new desk.

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Manley XXX Anniversary Dual Mono Mic Pre Wins 2020 SOS Readers’ Choice Award!

Manley XXX Anniversary Dual Mono Mic Pre Wins 2020 SOS Readers’ Choice Award

WOW! HUGE THANKS to Sound On Sound readers for honoring our XXX Anniversary Edition Dual Mono Mic Pre with an SOS Readers’ Choice Award!

We are so excited that you appreciate this very special unit – we sure did enjoy building them for you.

The SOS Awards launched in 2010 with a mission to honour and celebrate the finest products in our industry.

The ‘Gear Of The Year’ Awards, Chosen By The Readers Of Sound On Sound

Voting opened on September 19th for the 10th annual SOS Awards and continues throughout October and November 2019. The results will, as usual, be compiled and announced in time for presentation of the awards at the Winter NAMM show in January 2020.

Each category consists of a shortlist of nominations, chosen by the SOS editorial team, and we’d like you to help us identify the outstanding product in each group. You are not required to vote in every category — if you don’t have any strong opinions on some of the product groups, then there’s no need to vote for anything in those categories.

We took the decision back in 2017 to focus the nominations on products that came on sale, or were tested and reviewed by us, in the 12 months prior to the voting cutoff date, thereby placing a greater emphasis on innovation and contemporary design.*

We were delighted to see that the change resulted in even more of our loyal readership letting us have their considered opinions on the year’s new products. The changes we made to the nomination categories at the same time also seem to have been appreciated, helping to keep the nominations appropriately focused and relevant. Markets move and change over time, and it is important that we should be able to move and change with them. Having been well received by nominees and voters alike, we’ll be sticking with the new format for the foreseeable future.