The Fair Work Act plays an important role in providing fairness at work and preventing discrimination against employees. But is the complexity of the industrial relations (IR) framework holding back the potential of Australia’s small businesses? The Council of Small Business Organisations Australia (COSBOA) certainly thinks so. COSBOA launches a new blueprint for IR and […]
Long-term business loans are a catalyst for growth. And the good news is that Aussie small businesses are applying for more loans, boosting capital and funding new investment. According to the latest stats from Banjo’s small-to-medium-enterprise (SME) Business Barometer, there was a 43% increase in business loan applications for the first quarter of the 2025 […]
It used to be that your bank manager was an integral part of your business. But in these digital times – where banking is less about relationships and more about online transactions – is your bank truly supporting the ongoing growth of your business? The latest Australia Business Banking Customer Report from Publicis Sapient has […]
Paying the required surcharges on debit card transactions made by your customers is an operational cost that many business owners would love to see disappear. The good news for Australian businesses is that the Government is also keen to ditch debit card surcharges. In October 2024, plans were announced to ban debit card surcharging from […]
When your business needs new plant or equipment, what’s the best choice – buy or lease? The answer will depend on your specific circumstances, but there are some basic considerations to help you weigh up the options. The advantages of buying Buying gives you certainty and ownership, at a higher upfront price, but a lower […]
Healthcare practices face unique challenges when it comes to managing finances. From paying staff and managing expenses to adhering to regulatory requirements, healthcare providers must ensure that their financial processes are not only efficient but also compliant with the law. Proper accounting is crucial for sustaining growth and profitability while ensuring financial health. This blog […]
For Amazon sellers, managing finances can be a complicated and time-consuming task. From keeping track of sales, expenses, and inventory to handling taxes, many sellers find themselves overwhelmed. However, hiring experienced accountants for Amazon sellers can make a significant difference in simplifying tax compliance and boosting profitability. In this blog, we will explore the crucial […]
The holiday season and the end of the calendar year are just around the corner. For many, this time of year is filled with attending events and focusing on family. Amid the hustle and bustle, it’s easy to overlook important tax obligations. To help you stay on track, we’ve outlined the key compliance dates for […]
Times are tough in the Aussie construction industry, with rising costs, a lack of labour and a challenging economic climate. This is leading to a rising number of business failures. About 1,400 construction firms filed for bankruptcy in the second half of 2023, according to a recent article from Inside Business. And it’s not just […]
Australia is fast heading towards becoming a cashless society. But there are still segments of society that rely on being able to pay in cash. With this in mind, the Federal Government is proposing new legislation that would make it compulsory for Aussie businesses to accept cash for groceries, fuel and other essentials. What’s the […]