Good inventory management is critical for any business. Not only does it help a business keep enough stock to satisfy customer demand, but it also helps businesses avoid common pitfalls associated with inventory, whether that be holding excess stock, holding too little, or tying up too much cash. Four tips for better inventory management Regular […]
28
Jul
Jul
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]
21
Jul
Jul
Starting a business can be a challenging experience, especially when it comes to managing your numbers and staying on top of your financial management. Unless you’ve got some experience in finance, the bookkeeping and accounting requirements can be quite daunting. And even with today’s helpful cloud accounting platforms and fintech apps, there’s always the possibility […]
14
Jul
Jul
What the new anti-money laundering and counter-terrorism financing rules mean for our services From 1 July 2026, thousands more businesses—including accounting and professional services firms—are now regulated under Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws. This includes newly regulated sectors such as accounting, real estate, conveyancing, legal services, as well as dealers in precious […]
07
Jul
Jul
As a business owner, you have hundreds of competing responsibilities to take care of every day. But if you spend all your time dealing with admin, cutting through red tape and fighting operational fires, you never find the time to actually look at your overriding business strategy. Not revisiting your strategy can have a hugely […]
16
Jun
Jun
On 28 May 2026, the Fair Work Commission’s Expert Panel announced that National Minimum Wage and award wages will increase from 1 July 2026. This increase in basic pay is great news for Australian workers, especially during the ongoing cost-of-living crisis, with costs of fuel and basic provisions still on the rise. What’s the new […]
09
Jun
Jun
In just a few weeks, Payday Super will finally go live. From 1 July 2026, quarterly super contributions for employees will end. Instead, employees’ super will need to be paid at the same time as their salary and wages, with payments typically due in employees’ super accounts within seven business days after payday. But with […]
02
Jun
Jun
From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) obligations will apply to certain services provided by accountants and public practice firms, regulated by AUSTRAC. AML/CTF laws are designed to help prevent illegal activities such as money laundering, terrorism financing and financial crime. As DLA Partners provides some services captured under the updated […]
26
May
May
The end of the financial year is fast approaching. For SMSF members and trustees, a few timely checks now can avoid headaches later and help preserve valuable tax and contribution opportunities. Below is a checklist of the things members and trustees should consider before 30 June. Contributions — timing matters Get contributions into the fund […]
19
May
May
On Tuesday, 12 May 2026, Treasurer Jim Chalmers delivered the ‘most important and ambitious Budget in decades’. Certainly, the 2026-27 Federal Budget was ambitious, announcing significant reforms to capital gains tax and negative gearing in a bid to support home ownership and improve the fairness of the tax system. Outside of those headline changes, targeted […]