The federal government has announced an overhaul of the previous Coalition government stage 3 tax cuts and introduced various changes in the personal tax rates that apply from 2024-25 income year and onwards. Changing the original course of action, as announced by the...
As part of the 2023-24 Federal Budget, the federal government announced “payday super”, which will require you to make superannuation guarantee payments for your employees on the same time as their salary and wages. Many businesses end up falling behind on...
In tough economic times, small businesses can struggle. Big multinational chains often have the scale to undercut local competitors and survive even when times get tough. What can small businesses do to retain and attract customers in a competitive market? Identify...
As part of the 2023–24 Federal Budget, an increase in the small business instant asset write off threshold was announced to support small businesses. A bill proposing to enact this measure has now been introduced in the Parliament. With the temporary full expensing...
Economic uncertainty is an ongoing worry for any business owner. You can control your own financial management, but you don’t have any direct control over the wider macro-economy. And in the first few years of the 2020s, there have certainly been plenty of tricky ups...
How do you know if your business is on track with your goals? If you’re not where you want to be, how do you know what will take you there? This is where Key Performance Indicators (KPIs) are important for your business. KPIs represent general performance and overall...