Sticking to Your Strategy
Creating and sticking to a strategy can be challenging in a volatile market. Failing to do so often results in a short-term focus that prioritises quick financial returns at the expense of long-term value. To…
Secure Jobs, Better Pay Reforms
The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on 2 December 2022. We explore the issues. The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 passed Parliament on 2 December 2020. The legislation is extensive…
Can you stop hackers?
In the wake of the Optus data leak, legislation before Parliament will lift the maximum fine for serious or repeated breaches of the Privacy Act from $2.2m to up to $50m. But there are no…
Data Breach Protections
The Optus data breach is top of mind for many Australians, particularly those who have had their data breached. For business, the breach is a timely warning on the importance of understanding what data is…
120% tax deducton for training and technology
The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses…
Sell the Solution, Not the Product
One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale. So, what can you do to speed up the sales process? Branding is wonderful but…
ATO ramps up heat on directors
Over the last few months the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge or…
Year of the Tiger: Roaring or Bellowing
The 2022 Luna New Year, Year of the Tiger, is courage and bravery. It is a year to drive out evil and one of momentum and change. The message; walk boldly with courage. And it…
Pandemic Leave Disaster Payment Rule Change
The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have had to self-isolate with COVID-19, or are caring for someone who contracted it, changed on…
How to setup your Director ID
Directors are now required to register for a unique identification number that they will keep for life. What is a Director ID? A Director ID is a 15 digit identification number that, once issued, will…
