Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. What an American recession means for Australia What exactly does it means for Australia if the United States is headed for a recession? Sky News breaks it down here. ASX continues to drop Most of Australia’s biggest… Read more
The world of investing is daunting for many people. There’s so much to learn and a lot of terminology that isn’t part of the everyday lexicon. Dividends, EPS, historical returns… and what exactly is an NFT? But once you’ve mastered the basics and the language of investing, there’s another question at play: how do you choose the right investments for you? Of course, the goal of investing is to grow… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Changes to aged care payment system Services Australia is updating the aged care payment system. Residential aged care services events won’t be able to be submitted between the 14th to 22nd July. Read the details here. Food… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. ATO reminds Australians about changes this tax season The Australian Tax Office anticipates that many will continue to be impacted by COVID-19. They are offering support to get your taxes right the first time. A summary can… Read more
Payroll is one of those things that starts out simply enough. You start your business, hire a few employees, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is… they grow! This is a great thing, but it also means that payroll becomes more complicated. As such an important aspect of your business, it’s important that payroll… Read more
The working environment of the past 2 years has brought the concept of burnout to the forefront. Unexpected work-from-home situations, juggling the new normal, and mental fatigue have all contributed to the issue. Recognizing employee burnout and having a plan to address it will ensure you retain employees and keep your company healthy. 1. Ensure everyone takes their time off In an attempt to appear as though they can handle… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. ASX carries momentum into a new week The local share market started the week at a three-week high, coming off a rally from last week. Tech and payment firms were among the industries leading the charge. Bubs… Read more
When you’re in business for long enough, you’ll likely come up with new ideas you want to try. Innovation is important for your company to grow, to diversify its income, and to attract new customers. An important step between having an idea and jumping into it, is testing the idea. Here are some important ways to test your idea, so you can launch it with confidence. 1. Talk to people… Read more
When it comes to your finances, it’s a good idea to check in on your progress periodically, to see if any adjustments to your budget or changes in your habits are necessary. Even if you’ve set your budget for the year, you may learn a new strategy or have a priority come up suddenly that causes you to shift your thinking. Here are ways to take stock of your finances,… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Anthony Albanese becomes Australia’s PM First Labor Prime Minister in nearly a decade vows to bring Australians together, and “promote unity and optimism, not fear and division.” ASX sinks again after Wall Street “bloodbath” The stock market… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Changes to company tax rates are in effect Companies, corporate earning trusts, and public trading trusts may be eligible for a reduced tax rate this season. Learn more about the changes and find out who qualifies here.… Read more
When it comes to an investment strategy, there are an almost endless number of paths you can take. Depending on your overall priorities, needs, and values you can follow any established formula or set your own path. One path which has numerous benefits is long-term investing. In long-term investing you put your money in an investment with the goal of leaving it there for a long time. You’re not buying… Read more
As a parent, you may worry about how to ensure your child can receive a post-secondary education. Costs are constantly rising, and you may face high tuition fees as well as cost of living expenses if your child has to live away from home. Here are some steps you can take to save for your child’s education. Be clear about what you can and cannot afford to pay Being clear… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations, Business News and Covid Support, hopefully providing information to help you to successfully move forward. GST fraud attempts circulating on social media lead to extra security measures Due to a significant number of GST refund fraud attempts, businesses may face extra steps to receive their refunds as extra security measures… Read more
Early retirement may sound like a big dream, but it is achievable if you’re willing to do some planning and stick to your strategy. Here are four steps you can take to put yourself in a position to retire early. 1. Figure out how much money you’ll need after you retire This involves figuring out what age you want to retire at–if you want to retire at 55 you’ll need… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations, Business News and Covid Support, hopefully providing information to help you to successfully move forward. More Australians turning away from home ownership A new study suggests younger Australians are choosing to invest their money in stocks over buying a home. Around 43 percent said they would choose to invest their… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations, Business News and Covid Support, hopefully providing information to help you to successfully move forward. Xero Report: Small Business Creation at Record Levels Landmark research from Xero has revealed new small business registrations in Australia are at unprecedented levels, growing 34% from 225,000 in 2019 to over 300,000 in 2021.… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations, Business News and Covid Support, hopefully providing information to help you to successfully move forward. Latest Changes in Travel Rules People travelling to Australia from overseas are no longer required to test negative for COVID-19 before arrival. A ban on international cruise ships coming to Australia has now been… Read more
Sometimes you want to try something new when it comes to networking with other business owners. Here are some unconventional ways for you to grow your network and bring in new leads. 1. Collaborate with others in the industry You know your niche, so you know the questions to ask others when it comes to your industry. Collaborate with people who fit your ideal market. For example, you could create… Read more
Welcome to this weeks edition of the Business News Update, read on for the latest updates in regard to Regulations, Business News and Covid Support, hopefully providing information to help you to successfully move forward. Mask Mandate to be Dropped in South Australia South Australians will be spared from wearing masks in most public indoor spaces from Good Friday, but will still be required to wear them in high-risk settings… Read more