Tax: The good, the bad and the ugly for small business owners

13 August

Tax is one of those unavoidable parts of running a business. When things are going well, paying tax can actually be a sign that your business is profitable. But without planning, tax can also create cash-flow pressure, unexpected bills and, in the...[Read More]

From business owner to entrepreneur: The habits that drive long-term success

13 August

Running a small business requires determination, resilience and a willingness to make decisions every day. But there is an important difference between owning a business and building an entrepreneurial enterprise.A good business owner can create a...[Read More]

‘Put people first’: landmark AI probe to set guardrails

12 August

A national-first royal commission will investigate the dangers and benefits of artificial intelligence in society as a premier pledges to get the balance right. South Australian leader Peter Malinauskas announced the inquiry on Monday after...[Read More]

Tax planning for business owners: Five questions to ask your accountant

6 August

Tax planning is not simply about finding deductions at the end of the financial year. Effective planning helps business owners understand their position, prepare for upcoming obligations and make informed decisions about cash flow, investment and...[Read More]

Workplace reconciliation: How to avoid and resolve workplace conflict

6 August

Workplace conflict is an uncomfortable but often unavoidable part of working with other people. Different personalities, communication styles, pressures, expectations and responsibilities can all contribute to misunderstandings.    While some...[Read More]

Small businesses under pressure from soaring costs

5 August

Australia’s 2.7 million small businesses are being squeezed, with their costs up by almost a quarter since the start of the COVID-19 pandemic, according to a new report by a business-focused bank. AMP Bank Go on Tuesday released its inaugural...[Read More]

Setting up and securing a business: Seven questions to ask your legal professional

30 July

Starting a business involves much more than choosing a name, creating a logo and finding customers. The legal decisions made in the early stages can affect personal liability, tax arrangements, ownership, commercial relationships and the future...[Read More]

Red tape strangling efforts to tackle housing crisis

29 July

Allowing three-storey townhouses to be built on most residential land is one of the key recommendations of a major report outlining what Australia needs to do to fix its housing crisis. Governments have gotten in the way of new housing supply by...[Read More]

‘Build resilience’: refinery touted but discount to end

29 July

Australia’s fuel security could soon be bolstered by a new refinery, but questions have been raised about the business case for the facility. Prime Minister Anthony Albanese announced plans to look into building Australia’s third oil refinery in...[Read More]

Quarter 3 tax tips for small business

23 July

The third quarter of the calendar year—July to September—is an important period for Australian small businesses.  The rush of 30 June may be over, but the new financial year brings fresh reporting obligations, payroll changes and an opportunity...[Read More]

Seven new skills worth learning after 50

23 July

Turning 50 is not the beginning of slowing down. For many people, it is the stage when experience, confidence and perspective finally come together. You may have fewer reasons to impress others and more freedom to invest your time in what genuinely...[Read More]

Cyber awareness, insurance and protection: Seven tips for small businesses

23 July

Small businesses rely on email, cloud platforms, online banking, customer databases and digital payments. This creates convenience, but also opportunities for criminals.    A cyber incident can interrupt operations, expose confidential...[Read More]

Workers ‘forced’ to accept AI systems or leave jobs

22 July

Australians are at risk of losing jobs or being trapped in unethical situations as artificial intelligence use soars, despite the hopes of the federal government, an expert has warned. Prime Minister Anthony Albanese used a speech in mid-July to...[Read More]

Jobs data tops economic agenda as Iran war re-escalates

22 July

Jobs data is expected to show ongoing resilience in Australia’s labour market but renewed conflict in the Middle East could bring more bad news for the domestic economy. The unemployment rate is expected to hold steady at 4.4 per cent in June...[Read More]

Cyber awareness in everyday life: Five ways to avoid being scammed

16 July

Our everyday lives are increasingly managed online. We receive bills by email, banking alerts by text, delivery updates and payment requests through apps and websites. These services are convenient, but they also give scammers more opportunities to...[Read More]