Business News Update – 28 July 2021

Welcome to the latest news regarding the opening up and extending of State lockdowns and the financial packages to assist. The good news … Melbourne exits Lockdown from July 28th From Wednesday 28th July, the five-kilometre travel limit and the five reasons to leave home rule will be scrapped in Victoria, as the state exits lockdown. Schools will open to all year levels from this morning, while pubs, restaurants, bars…  Read more

Extra support for Victorian small & medium businesses

Extra support for Victorian small & medium businesses To help small and medium sized businesses recover from the recent lockdown the Victorian and Commonwealth Governments are delivering a new jointly funded package to provide extra support and confidence. The package provide an additional $400 million in support to thousands of businesses. Included in the $400 million is a $156 million Business Continuity Fund, a new $85 million Small Business COVID…  Read more

Business Update – 21 July 2021

Welcome back to another week of news. Read on for the latest updates and some ideas to help us all move forward. Victoria Extends Lockdown and South Australia Announces Shutdown. Victoria extended its lockdown by a week after recording 13 new cases. From midnight, Victoria will no longer permit travel for those arriving from NSW, except for essential workers or on compassionate grounds. We’re thinking of everyone affected by these…  Read more

MYOB: Power Up Your Invoices With Online Payments!

                                                          We know you’re time poor so we’ll make this quick Now’s the time to make getting paid by customers easier and far less time consuming by enabling Online Invoice Payments.   Imagine the time you could save if customers paid online via…  Read more

EOFY 2021 Is Fast Approaching – Are You Prepared?

It’s almost that time again – EOFY! With 30th of June fast approaching, are you prepared yet again for end of financial year? This year particularly is going to be quite different with the COVID-19 stimulus packages the Australian government has released. There is more to take into consideration when preparing your financials. Stimulus Payments Don’t forget the COVID-19 government stimulus packages for business like JobKeeper will form part of…  Read more

5 Ways to Make the Most of Business Down Time

Every business experiences slow periods or downtime.  When the demand for their goods or services reduces and sales start to drop that is the time to reassess your options.  Business owners might be tempted to view down times as unproductive or wasted, but there are ways you can make the most of this slow turn. Five ways to ensure time is not wasted are: 1. Look into your business It’s…  Read more

Business News Update – 27 May 2021

Welcome back to another week of news. Read on for the latest updates and some ideas to help us all progress ahead. VIC: Melbourne Back into Lockdown A fresh cluster of COVID-19 cases in Victoria has grown to 15 in three days, and the next 24 hours are particularly critical as some of the infected had visited crowded venues such as pubs, cafes, and supermarkets. One of the infected was…  Read more

Business News Update – 19 May 2021

Welcome back to another week of news.  Here are some of our latest updates and ideas that may help you and your business. JobMaker Hiring Credit’s Second Claim Period Now Open The second claim period of the JobMaker Hiring Credit is now open. So if you’ve taken on additional young employees between 7 January and 6 April 2021, you may claim the following payments: up to $10,400 over a year…  Read more

Australian Federal Budget 2021: What it means for you

Treasurer Josh Frydenberg has released the 2021 Federal Budget and confirmed Australia’s economy is performing stronger than was expected six months ago.  This article has a summary of the “Winners and Losers” of the Budget and we’ve compiled a recap of the key points below.  Reach out to us if you have any questions.  Here is a brief overview This budget assumes our international borders won’t reopen until mid-2022. $1.9…  Read more

Business News Update – 5 May 2021

Welcome back to another week of news. Read on for the latest updates and some ideas to help us all move forward. Perth Dodges New Lockdown West Australian Premier Mark McGowan announced on Sunday that there will be no second snap-lockdown in Perth, but COVID-19 restrictions will still be imposed after reports that a hotel quarantine security guard and two of his housemates tested positive for the virus. Nightclubs will…  Read more

Bookkeepers – what are the costs and benefits?

You’ve had a great idea and started your own business.  Suddenly you are a jack of all trades – you run the business, you do the marketing, maybe design your website and business card, plus you look after the accounts.  As your business grows and you start turning a profit, you realise that it might be a good idea to call on experts to polish your website, help with your…  Read more

Business News Update – 28 April 2021

Welcome back to another week of news. Read on for the latest updates and some ideas to help us all move forward. Flights Between NZ and Western Australia Resumes New Zealand has reopened quarantine-free travel with Western Australia from midday Wednesday. This comes after it was revealed a traveller from Perth was able to enter New Zealand despite the Australian city being locked down. Travelers who have been identified as…  Read more

Business News Update – 21 April 2021

Welcome back to our Weekly Business News. Read on for the latest updates and some ideas to help us all move forward. Australia- New Zealand Travel Bubble Now Open The long-anticipated travel bubble between Australia and New Zealand started on Monday, marking the first step towards the gradual reopening to the rest of the world. Since October, Australia allows New Zealanders to arrive without going into quarantine, but New Zealand…  Read more

Business News Update – 14 April 2021

Welcome back to our for more of latest updates and some ideas to help us all move forward. Australia Drops COVID-19 Vaccine Target Prime Minister Scott Morrison said he won’t set a new target date for Australians to get vaccinated, as concerns about the AstraZeneca vaccine and European export restrictions delay the rollout of the programme. Despite this, Australia is still ahead of some nations including Canada, France, and Japan…  Read more

Destructive Habits Entrepreneurs Should Avoid When Starting Out in Business

Entrepreneurs starting out in business like to have their hands on every aspect of their start-up.  It is quite understandable, as many entrepreneurs come into their respective industries usually from a place of passion.  Their passion may drive them to long nights at the office, working hard every hour of every day with little time for themselves.  This kind of attitude can actually lead to some destructive habits and outcomes.…  Read more

Business News Update – 7 April 2021

Welcome back to another week of news.  Read on for the latest updates and some ideas to help us all move forward. Trans Tasman Travel Bubble to Begin 19 April 2021 Australia and New Zealand will create a quarantine and COVID-testing free travel bubble starting 19 April. However, flights to and from some Australian states may cease if there are future outbreaks. Australians made up 1.5 million or 40% of…  Read more

Business News Update – 31 March 2021

Welcome back to this weeks Business News Update.   With Easter upon us we take this opportunity to wish you a safe and Happy Easter and hope the lockdowns do not disrupt holiday plans!  Read on for some ideas to help us all move forward. Brisbane lockdown to end Greater Brisbane’s lockdown is set to end at 12pm on the 1st April. All Queenslanders will need to wear a mask when…  Read more

Do You Struggle To Manage Your Workforce?

Especially in COVID times, more staff are working remotely and working on the road.  It is often difficult for business owners to: Schedule staff, work and equipment and knowing if any are under or over allotted Knowing when to bring in more work – schedule overtime, call in casuals Let their staff know what jobs should be worked on and in what priority Let their staff know when urgent jobs…  Read more

Are Your Accounting Apps Integrated?

With a plethora of accounting apps sometimes it is difficult to determine what is the best way for them to communicate with the core accounting platform like MYOB, Xero, QBO and others. If your apps are not flowing data through to your accounting software, chances are you are double handling processes and creating more work for yourself.  As you add more software to your technology stack the more complex it…  Read more