And just like that, the federal government quietly pulled the fast one, slashing the incentives for apprentices and their employers across hundreds of traditional trades, so how does it change things for employers.
Cybersecurity is fast becoming a critical business strategy – and if it’s not, it should be. Many businesses hold critical data that poses significant risk to both businesses and their customers if the data they hold is not safeguarded from cybersecurity threats.
If your super balance is comfortably below $3 million, you can probably relax — the proposed changes to the super rules shouldn’t adversely affect you (yet). But if your super is nudging that level, or if you’re clearly over…
In the 2023-24 Budget, the Government announced a reform to align employers’ payment of Superannuation Guarantee (SG) contributions with salary and wages, instead of the current quarterly requirement.
The ATO has updated its website guidance on applying GST to ‘face value vouchers’ and ‘non-face value vouchers’.
The ATO has announced its 2025-26 areas of focus for privately owned and wealthy groups. The ATO continues to focus on trusts and has raised a specific concern when it comes to applying the 45-day holding rule for franking credits in newly incorporated bucket companies.
Underlying inflation is growing for the first time since December 2022, with chances of a mortgage payment-easing interest rate cut next week all but gone.
The property and construction industry is a major contributor to Australia's economy, with businesses ranging from sole traders to large businesses. It's also one of the top industries the ATO receive tip-offs about, particularly regarding tax and super compliance concerns.
On 1 July 2025 the superannuation guarantee rate increased to 12% which is the final stage of a series of previously legislated increases.
In support of young Australians and in response to the rising cost of living, the Australian Government has passed legislation to reduce student loan debt by 20% and change the way that loan repayments are determined.
It’s an exciting time when you think about hiring your first worker. But you will want to check the registrations you need and how to set up your business first.
Founded in 2019 by Melbourne friends Athan Didaskalou and Richard Li, July was born out of frustration with the luggage market. They saw two extremes: flimsy, cheap suitcases or overpriced luxury brands. July set out to fill the middle ground — design-led, durable, fairly priced luggage.
If you are a small business owner claiming deductions for the cost of digital products used in running your business then this is information that may help you stay on top of your deductions.
The Australian Taxation Office (ATO) is sending a clear message to businesses considering committing GST fraud, making dishonest claims and falsifying invoices.
It might be too late for this financial year, but you can start now to prepare for the next financial year to help improve your cashflow and be more organised, for both your business and your accountant.
The ATO is providing guidance, tools and tips so new business owners can grow their business with confidence.
The ATO is chasing $76 billion. One-third of that is owed by just 42,000 businesses – each with over $250,000 unpaid. SMEs alone owe $33 billion.
Google’s new AI Mode is a big leap in convenience by transforming search into something akin to a concierge service, but will this mean small business gets shut out?
The Productivity Commission (PC) is the Australian Government’s independent research and advisory body on economic, social and environmental issues affecting the welfare of Australians. Their work is organised around five core functions:
Both Labor and the LNP are working hard to try and win your vote. So where do they stand on various policies and what are they promising.
Running a company comes with responsibilities and obligations under the law. As a company officeholder you must act in the company's best interests and have a firm understanding of how to operate and meet your business obligations.
Life is hectic and we are all busy! Factoring in time for fitness can seem like an endless battle. "You do not need endless hours at the gym to hit the recommended 150-300 minutes of moderate-intensity physical activity per week.
This year marks the fourth budget being delivered by Treasurer Jim Chalmers, and it will also be the final budget by the current federal government ahead of a rapidly-approaching election.
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.”
Instant asset write-off threshold will temporarily increase from $1,000 to $20,000 for 2023-24 and 2024-25 income years.
For most small and medium-sized enterprises (SMEs), borrowing money is the go-to strategy for funding their growth plans…
The key areas of ATO focus are based on the risks and issues identified through our intelligence collection, risk detection and analysis, and case work.
As 2024 ends and 2025 begins, there are some changes that your business should be aware of…
The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer…
The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility.
