Managing and mitigating risk is one of your key responsibilities as a business owner. And in recent years, we’ve seen an increasing level of risk associated with extreme environmental conditions and fluctuating weather events. Storm damage, wildfires and flooding are on the rise, threatening your ability to keep your business trading during weather-related emergencies. What […]

Let’s be honest, it’s a tough time to be running a small business. Your business is trading in one of the toughest financial environments we’ve seen in some years. According to the latest stats from the Australian Bureau of Statistics, almost half (46%) of businesses have reported operating expenses increasing over the past four weeks. […]

No business exists in a vacuum. Whatever sector or industry group you trade in, you’ll be surrounded by competitors, established industry leaders and upcoming challengers. Benchmarking is one way to understand how well your business performance compares against these close competitors, and what the wider-reaching challenges are within your industry. But how does benchmarking work? […]

From 1 October 2026, businesses will no longer be able to apply a surcharge to debit, prepaid and credit card payments on designated eftpos, Mastercard and Visa networks. This is a significant shift, not only for consumers, but also business owners, who only have a few more months to prepare for this change. Surcharging explained […]

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 […]

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 […]

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 […]

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 […]

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 […]