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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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API Consoles and the Revival of Macon Georgia’s Capricorn Studios

API Consoles and the Revival of Macon Georgia’s Capricorn Studios

The visionaries of Mercer University, under the direction of President William Underwood and with the hands on diligence of Larry Brumley, Mercer’s Vice President tackled an enormous undertaking to save and revitalize one of pop music’s most iconic recording studios.

Among many important decisions that had to be made was a replacement console to the original API console that lived in the studio since the 70’s, and recorded so many legendary records, including most of the Allman Brothers catalog, Marshall Tucker Band, Charlie Daniels band and so many others at the leading edge of the Southern Rock music scene.

The decision was made to acquire a new API 2448 Recording Console to replace the 70’s era API console that lived at Capricorn.

With the choice of 3 different frame sizes, 24, 32 and 40 channels, Capricorn selected the largest 2448 frame built to date, a fully featured 40 channel version. With 40 Mic Pres and 40 API equalizers, each channel features two inputs, both with faders. Combining the Main Fader, the 2nd Fader and the 4 Stereo Returns gives the system an impressive 88 channels feeding the mix buses.

Rounding out the system is API’s ‘Final Touch’ motorized fader automation system, which is now compatible with Vision, Legacy AXS and 1608-II consoles, allowing projects to move seamlessly between facilities equipped with those API consoles.

Steve Ivey, a Mercer graduate and Grammy award winning producer engineer based out of Nashville was a key figure in the planning and revitalization of the studio.

“For 50 years API consoles and Capricorn Studios together have made a worldwide, profound impact in music and recording,” said Ivey. “As a Mercer University music graduate who learned to record on an API console, under the direction of Capricorn producer Paul Hornsby, I am thrilled to be a part of the team taking Capricorn Studios and API into the next era of recording great music.”

Daily management and chief engineer roles are carried by Rob Evans, another Mercer graduate. “Evans says that in 2016, when Gregg Allman was receiving an honorary degree, he told president Underwood, ‘The room is perfect. Don’t change a thing.’ He also said, ‘Get an analog console,’ so we’ve honored Gregg’s request.”

“We were honored to be a part of the Grand Opening festivities in December. It is gratifying to see the original API console from the 70’s being replaced by a new API console, keeping the heritage and legend of this studio alive,” said Larry Droppa, President of API. “We’re excited to have the opportunity to hear the new music that is going to come out of the facility. A huge thank you from the music community to Mercer University for having the vision to move forward and keep this dream alive.”

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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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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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Pre-order the Behringer 2600 & MonoPoly Now!

Pre-order the Behringer 2600 & MonoPoly Now!

THE BEHRINGER 2600 & MONOPOLY, NOW AVAILABLE TO PRE-ORDER

Stock due to land in early 2021

Based on the famed 2500 modular synth originally released in the 1970s, the ARP 2600 semi-modular synthesizer became an instant hit when it launched and was quickly adopted by well-known artists. The Behringer 2600 replicates that fabled synthesizer with circuitry inspired by the 70s with matched transistors and JFETs. Owning a 2600 is like having your own piece of history, enabling you to re-create timeless classics or forge your own musical path.

Originally released in 1981, the MonoPoly synthesizer was highly revered by artists from that era, and is still to this day. The Behringer MonoPoly is now ready to for the 21st century – an ultra-affordable and even more feature-packed homage to the original. Conjure up virtually any sound imaginable with incredible finesse and ease.

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Moog Claravox Centennial 100th Anniversary Elite Performance Theremin

Moog Claravox

Centennial 100th Anniversary Elite Performance Theremin

Claravox Centennial is an elite performance theremin that integrates decades of expertise from Moog, the world’s leading theremin makers, to produce a once-in-a-lifetime instrument.

Named after the original theremin virtuosa, Clara Rockmore, Claravox Centennial features the highest quality control and sound available in a theremin for deep artistic exploration. Offering both traditional 100% analog theremin operation and expanded modern performance, as well as an onboard analog delay, preset storage, and more, Claravox Centennial is an extraordinary instrument for creative expression.

Claravox Centennial is designed in celebration of the 100 year anniversary of the first demonstration of the theremin by Leon Theremin, and is only available for a limited time.

Shipping is expected to arrive in January 2021 so get your orders in now to avoid disappointment.

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Rupert Neve Designs 5254 Diode Bridge Compressor

Rupert Neve Designs 5254 Diode Bridge Compressor

Since the early 1970s, Rupert Neve’s early diode bridge compressors have been revered for the punch & glue they bring to drums, instruments, and the mix buss – but these desirable characteristics were unfortunately accompanied by inflexible controls and fairly limited versatility. Rupert Neve Designs created the 5254 Dual Diode Bridge Compressor to capture the soul of these coveted compressors while providing modern updates including advanced timing control, significantly lower noise, fully stepped controls throughout, higher voltage power rails, and internal parallel processing capabilities. Unlike our VCA compressors, which are built for exacting clarity, the harmonically rich tonality of the Dual Diode Bridge Compressor is built to produce a wide range of colors – and built to help you make a statement with your music. Based on the dynamics circuit originally developed for the acclaimed Shelford Channel, the 5254 is outfitted for dual mono or stereo use with Rupert Neve Designs’ custom transformers and class-A electronics, tailor made for a compact 1U 19” enclosure. Fifty years after Mr. Rupert Neve created his first compressor designs, the Dual Diode Bridge Compressor reimagines the larger-than-life personality of these classic circuits with new levels of precision and control, enhanced creative power, and increased punch to your tracks, mixes, and masters.

Click on the product below for more information:

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VOVOX® Premium Cables at Awave

VOVOX® Premium Cables at Awave

credo

The clearer the sound that reaches the ear, the more it moves us. Because all of us at VOVOX are passionate about music, we decided to develop sound conductors: cables optimized to transmit audio signals as purely as possible.

An audio concept must measure up to the human ear. That is why a sound difference that can be measured but not heard, is irrelevant for us. Relevant sound solutions, however, are important for us, even if they contradict common knowledge. We don’t want to turn cables into objects of worship: but the blind tests do show a real difference in sound.

For the best possible signal transmission, we have a wide range of sound conductors for all applications in the audio chain – from the internal wiring of the amplified musical instrument to the loudspeakers at home. It is also our concern to contribute to an improvement in the quality of audio recordings with the use of our products.

The development of perfect sound conductors is an ongoing process and we value the experience and input of our customers and partners. This information is being combined with our research in the constant development and improvement of our products.

Jürg Vogt
dipl. Ing ETH

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CME WIDI Master

CME WIDI Master

Wireless MIDI over Bluetooth

We have been working on wireless MIDI solutions for over 15 years (read the story here)

After we launched the Xkey Air (2015) we received many requests about advanced MIDI connectivity over Bluetooth.

Finally, you can pair your traditional 5-PIN DIN MIDI devices wirelessly.

Learn more about WIDI Master and the endless possibilities of WIDI technology.

What is WIDI Master?

WIDI Master is your virtual MIDI cable.
Bluetooth MIDI is the new wireless standard as approved by the MMA.
Now you can connect all your MIDI devices – without computers – without cables – with MIDI over Bluetooth!

What can you do with MIDI over Bluetooth?

Fully Standalone. Completely Wireless. 100% MIDI.

MIDI to MIDI

Connect two standalone MIDI hardware devices with two (2) WIDI Masters.

WIDI Master
WIDI Master

Bluetooth (BLE) to MIDI

Pair your bluetooth MIDI controller with any standalone MIDI hardware device using one (1) WIDI Master.

MacOS/iOS BLE to MIDI

Play your standalone MIDI hardware and pair it with your iOS device or Mac with one (1) WIDI Master using smart auto switch mode. About Windows/Android.

WIDI Master

Specifications:

 

Wireless technology

Bluetooth 4/5, MIDI over Bluetooth Low Energy-Compliant

Connectors

1x MIDI IN (5pin-DIN)

1x MIDI OUT (5pin-DIN)

Switch, indicator

1x switch

1x Multicolor LED

Compatible devices

WIDI Master, WIDI BUD, Bluetooth MIDI controllers,

iPhone/iPad/iPod Touch, Mac with Bluetooth 4.0 or later

Compatible OS

iOS 8 or later, OSX Yosemite or later

Firmware update

By air using WIDI App (iOS/Android)

Power supply

5V/3.3V compatibility MIDI OUT DIN

Power consumption

37 mW

Dimensions

Main: 21mm (W) x 21mm (H) x 49mm (D)
Sub: 18mm (W) x 18mm (H) x 24mm (D)

* Note: Prices and Specifications are subject to change without notice.

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Tree Audio at Awave!

Tree Audio at Awave!

Great sounding and easy to use analog recording equipment–tube and solid state.

The best of vintage aesthetics and modern technology. Hand-built in Los Angeles.