The pending shut downs of non-essential services across parts of Australia may trigger conditions in the Fair Work Act that will allow employers to stand staff down without pay, according to Employsure, Australia’s leading workplace relations company. In a Government imposed closure of a workplace, employers may be in a position to stand staff down […]
With governments and workplaces now rapidly escalating their responses to the COVID-19 global pandemic, the crisis has shone a spotlight on the inherent precariousness of casual employment here at home. UPDATE: Casual employees (of 12 months or more) are entitled to government’s JobKeeper payment McDonald Murholme Senior Associate Arthur Hambas says that casual workers are […]
For some CEOs, raising capital can be the most important and time-consuming part of their job. It’s a complex area to navigate even for the most experienced CEOs, and especially so for those who are new to the game. Vantari VR’s co-CEO Dr Nishanth Krishnananthan knows all too well the complexities involved when it comes to […]
Finance Minister Mathias Cormann has signalled an unprecedented economic stimulus package to fight the impact of the coronavirus pandemic. The Morrison government is considering a second round of measures to add to its $17.6 billion economic boost announced last week. Senator Cormann said businesses would close while people lost jobs during the pandemic that’s sweeping […]
Australian business leaders and regulators are trying everything in their power to prevent financial ruin from the coronavirus pandemic. Dedicated shopping hours for people with disabilities, social distancing at casinos and emergency cash injections by regulators – Australian business is responding to the coronavirus pandemic in inventive ways. COVID-19’s impact on Australia is changing daily life […]
Prushka Fast Debt Recovery has revealed, through data sourced from court records, that 953 businesses issued Notices of Winding Up Application during the Oct-Dec quarter. This figure increased 5 per cent compared to the July quarter, and by 6 per cent year-on-year. The Australian Taxation Office continues to be the largest petitioner, with ATO and other […]
Every business owner should be building their own personal brand in addition to their business – because customers and clients connect with people, not products and services. Social media and branding expert Carissa Hill said a personal brand was important for business owners because increasingly customers want to know the people behind the company. “People […]
The future of work is changing. Driven by evolving expectations of Australian workers, shifting demographics as the more digital-native generation join the workforce, and technological advancements, the workplace is now moving into an era where some hard skills are starting to expire. While workplace disruption is not a new concept, the current pace of change […]
Within the debate of moving to a four-day working week, Australian companies need to measure and understand employee wellbeing. Sunil Vohra, co-founder of the world’s first independent and standardised index for measuring organisational culture, The Workability Index, highlights how critical it is for Australian businesses to move to measuring wellbeing as a key metric. “At […]
The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent and had “surprisingly” little to say about the headwinds presented by the catastrophic summer bushfires and coronavirus crisis. RBA Governor Philip Lowe has cited improved unemployment figures for December, low borrowing costs, recent tax refunds and improved property […]
