Locked
With the global economy looking fragile and one of Australia’s largest trading partners, China, slowing down, it’s important for Australian business decision-makers to re-evaluate their position as the new financial year begins, according to Atradius. Mark Hoppe, managing director, Oceania, Atradius, said, “The start of the new financial year is traditionally an ideal opportunity for […]
ANZ has again become the only big four bank to reduce variable mortgage rates in full following the Reserve Bank’s cash rate cut, while rivals CBA, NAB and Westpac will be passing on only part of the amount this time. ANZ was widely criticised last month when it passed on just 0.18 percentage points of […]
By Jay Munro, Indeed Employer Insight Strategist, ANZ More than a third of recruiters would rather be spending less time on writing and posting job descriptions, even though on average, only 11% of their day is spent on this task [1]. But when 62% of job seekers say that a job description that fits their […]
The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012. The market had largely priced in a second straight 0.25 percentage point cut after RBA Governor Philip Lowe suggested […]
Byline: Arthur Hambas, Lawyer at McDonald Murholme When Victorian Premier Daniel Andrews commented that “every worker has the right to get a fair day’s pay for a fair day’s work”, it drew the public’s attention to an issue that has been plaguing a significant number of Australian workers for some time. While most employers do […]
Top down transformation: the case for implementing digital management practices Byline: Mark Sands Digitise or die has become something of a mantra for businesses in recent years, in Australia and around the world. A plethora of rapidly evolving new technologies – mobile computing, artificial intelligence and machine learning, data analytics and the Internet of Things […]
With more than 60% [1] of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small business and start-up’s a helping hand with the initiative; ’Grants for Growth’. Now in its second year, the grant offers support to budding entrepreneurs who need an extra boost to transform […]
Small business owners are encouraged to get on board with a new ‘Single Touch Payroll’ system that comes into effect from today for employers with less than 19 employees. Minister for Finance and Small Business Damien Tudehope said the NSW Government had been helping businesses prepare for Single Touch Payroll with workshops through its Business […]
By Matthew Prouse, Head of Industry, Xero Australia New financial year, new obligations and opportunities… If you’re like most small business owners, you’re probably focused on closing out the 2018-19 financial year. But it’s worth taking a moment to consider the year ahead too. There are new regulations to be aware of in 2019-20 – […]
With trade tensions between the US and China continuing to simmer, global trade growth could potentially grind to a halt this year, contracting by up to 2.3 per cent in 2020. (1) However, it is not just the risk of short-term suffering of the Chinese economy from trade restrictions that poses a risk to the […]
Byline: Scott Crosby, CEO, Upstream The merit in going paperless for small and medium businesses (SMBs) is clear: digitally stored documents, information, and files save businesses time, money, and resources. SMBs are increasingly taking up document management technology to better manage their finances, customer data, and employee details, leaving behind the physical paperwork proven to hold […]
At just 27 years old, Dr Elliot Smith is the CEO and Co-founder of Maxwell Plus, which is backed by Shark Tank’s Steve Baxter. Maxwell Plus is a Brisbane based medical business rethinking the way we detect and diagnose cancer, with a specific focus on prostate cancer. Elliot was inspired to start Maxwell Plus after his […]
In its recent 11th Revision of the International Classification of Diseases (ICD-11) [1], The World Health Organisation recognised the serious effects of burnout, defining it as a syndrome resulting from chronic workplace stress that has not been successfully managed. The condition is characterised by feelings of energy depletion or exhaustion, increased mental distance from one’s […]
Employsure’s founder and managing director, Ed Mallett has welcomed the Prime Minister’s announcement that the Australian government will take a fresh look at refreshing the workplace relations system. “The federal government’s intention to review the workplace relations system is encouraging for the 24,000 small businesses we represent across Australia,” Mr Mallett said. “The overwhelming view […]
Middle managers often find the value they bring to an organisation being scrutinised, but recruiting expert Hays says they can be an organisation’s biggest asset – provided they have open and honest career development conversations, are given opportunities to develop their skills and are empowered by senior managers to make change happen. “As the link […]
Thinking of starting a podcast? While it has never been easier to launch one – here’s the secret to making it thrive. People tell me all the time that they’d like their own podcast. When I ask why, people will often say they get together with their mates and that their chat is so good […]
Late payments: Top mistakes small businesses make when dealing with late payers A new report from Xero, the global small business platform, revealed for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research found that half […]
Byline: Alicia Roach, Director of QHR and Creator of eQ8 With so much buzz around “The Future of Work” it seems only natural to think about “The Future of HR”. Certainly, it feels like there is a shift occurring in the field. The external imperatives are there with, technology, globalisation, growth, change and consolidation. The […]
Banks has partnered with Informed 365 as they are the only tech solution to new Modern Slavery Act regulations set by the Federal government last year. Andrew Banks, entrepreneur, mentor, investor, and shark has joined CSR tech start-up Informed 365 to help corporate Australia comply with new laws around corporate social responsibility (CSR). Informed 365 […]
Global litigation funding provider Therium Litigation Finance is funding a class action against Domino’s Pizza Enterprises, claiming the Australian pizza giant and its franchises systemically underpaid workers. Law firm Phi Finney McDonald alleges that most delivery and in-store Domino’s workers were paid less than they should have from June 24, 2013 through January 24, 2018. […]
