Business
Overview of record-keeping rules for business
11 January
You are legally required to keep records of all transactions relating to your tax and superannuation affairs as you start, run, sell, change or close your business, specifically: any documents related to your businessās income and expenses any...[Read More]
Hereās to a prosperous 2023
29 December
Ready or not, 2023 is upon us, and it is time for a refreshing restart for us all. As you reflect back on 2022 and look ahead to your goals and new years resolutions, please take a moment to reflect on how much you accomplished in 2022. Thereās no...[Read More]
Work from home opportunities can be for everyone in 2023
29 December
One of the few important things the pandemic has taught everyone is that itās possible to be productive and earn a living from home. In fact, some companies have seen the benefits of remote working options and continue to offer them as part of...[Read More]
Businesses forced to show emissions action
14 December
Big businesses will be forced to divulge their efforts to cut greenhouse gas emissions and manage climate risk under the Albanese governmentās new green investment rules. Treasurer Jim Chalmers said an Australian climate risk disclosure framework...[Read More]
If you became a director before 31 Oct 2021, you need to apply for your directors ID now
23 November
When you need to apply is determined by when you were first appointed, and under which Act. If you plan to become a director, you can apply before youāre appointed. Corporations Act directors When you must apply for your director ID depends on...[Read More]
Top questions when applying for a director ID
17 November
Who needs to apply for a director ID? You need a director ID if you are a director of a: company registered with theĀ Australian Securities and Investments CommissionExternal linkĀ (ASIC) or theĀ Office of the Registrar of Indigenous...[Read More]
Australian workers to trial four-day week
2 November
Itās every workerās dream: getting paid for more hours than they actually work. And for Australian staff at Unilever ANZ, itās about to become a reality. The maker of Dove, Rexona, Continental and Streets products announced on Wednesday that...[Read More]
Seven tax planning strategies for small business
19 October
Tried-and-Tested Tax Planning Strategies for Small Businesses Every dollar counts in business, especially for small enterprises. Therefore, you need to find ways to minimise your tax liability in addition to optimising income or profit. With a small...[Read More]
Workers need right to switch off: report
19 October
Employees should have the right to “disconnect” from work and not be contacted by bosses after knock-off time, a parliamentary committee recommends. The Senate committee on work and care released its interim report on Tuesday, which...[Read More]
5 tips for dealing with meeting overload [TED Talk Video]
5 October
Could this meeting have been an email? The phenomenon of “calendar creep,” where meetings completely take over your work days, is wasting time, energy and productivity — but you can take back control. Leadership expert...[Read More]
The importance of Single-Touch Payroll
15 September
Do you know what single-touch payroll (STP) is? Most likely, youāve encountered the term, especially if you own a small business in Australia where STP is mandatory. This requirement applies even to companiesĀ employing just a single staff member...[Read More]
Consumer spending slowdown starts to show
14 September
Rate hikes and the soaring cost of living are finally starting to weigh on household spending. Non-essential outgoings decreased in August, according to CommBank’s household spending intentions index, with sectors such as travel,...[Read More]
Lift in growth but economy faces hurdles
7 September
The economy grew 0.9 per cent in the June quarter but Treasurer Jim Chalmers says the encouraging headline figure “doesn’t tell the whole story”. “Our economy is growing relatively solidly, but some of the challenges in the...[Read More]
Vehicle sales surge as Aussies go electric
7 September
The Australian vehicle market has posted its best August result for five years, with a 17 per cent surge in demand as sales of electric cars hit record levels. The Federal Chamber of Automotive Industries says 95,256 new vehicles were retailed last...[Read More]