News
The wealthy financial services industry is being targeted by emerging tech start-ups keen to take a share in the huge profits being generated in the sector. The founders of two of Australia’s most successful technology companies, SEEK and Atlassian, this week warned that the “insane” profits of the major banks (amounting to nearly $30bn per […]
The industrial umpire is officially investigating how businesses can maximise the productivity benefits of the enterprise bargaining process.
More than 90,000 Australians were ripped off for nearly $90 million in fraud scams in 2013.
The incidence of “female breadwinner” households is slowly rising with women out-earning their male partners in nearly a quarter of long-term relationships.
A new system will soon remove the complexities for business owners when they make employee superannuation contributions.
The number of small businesses facing insolvency has declined according to figures produced by the Australian Securities and Investment Commission.
Businesses must adapt to the new wave of so-called “digital disruption” sweeping the economic landscape or risk extinction. This is the dire warning from senior Reserve Bank of Australia official, Sarv Girn, who warns that ignoring the pace of technological change is a sure pathway to dwindling profits and declining market share. Mr Girn, the […]
It’s that time of year again when small business owners are preparing their tax returns and going over their paperwork with a fine tooth comb. To help you with your EOFY preparations, Dynamic Business, spoke with Tax Counsel at the Tax Institute, Stephanie Caredes and Senior Tax Adviser at the Institute of Public Accountants, Tony […]
The Australian Taxation Office is increasingly concerned at the growth in crypto-currency Bitcoin. It will soon release a ruling on how the digital currency is to be treated for tax purposes. The decision may have significant consequences on the usage of the currency in Australia. The ATO was initially unconcerned by the emergence of the […]
The Commonwealth Bank has urged small to medium sized businesses to better prepare for the end of the financial year and begin their tax preparations. Figures released by the bank suggest that nearly one third of SMEs (29 per cent) have not even started the groundwork to fulfill their tax obligations. The research suggests that […]
The operators of two Melbourne restaurants have been fined $334,818 for trading the wages of teenage employees for soft drink and pizza. Federal Circuit Judge John O’Sullivan slammed the “dark ages” practice and noted that Tecoma man Ruby Chand, who owned both franchises, had a history of underpaying employees. The underpayments took place between 2009-2012 […]
‘Bad weather’ means it’s cold, rainy and generally unpleasant to be outside. And that’s precisely why it’s such a productive time to get some work done.
The Vinnies CEO Sleepout, a charity event raising money to help tackle homelessness, is being held later this month and registrations are open now. The event is targeted at helping more than 100,000 Australians who spend each night of the year without a home and raising awareness. Just under half of Australia’s homeless are women […]
The industrial umpire has increased the minimum wage 3 per cent, lifting it from $622.20 a week to $640.90 as of July 1. The ruling by the Fair Work Commission will directly affect over 1.5 million employees currently on modern awards and the national minimum wage. Fair Work Commission President, Justice Iain Ross, delivered […]
Nearly half of Australian workers have left a job because of concerns it was contributing to poor mental health, according to a new study released by beyondblue.
Australia has placed second among 30 countries as one of the best places for female entrepreneurship.
A new report on the development of digital technologies has provided a glimpse of the future of work in 2025 and set-out the scale of the adaption challenge successful businesses will face.
Government is lagging behind on paying invoices to small business according to the most recent survey of 40 government agencies.
The Australian Chamber of Commerce and Industry has hit back at claims that migrant labour is responsible for a marked decline in the number of apprentices.
Apple users have reported attacks by hackers who lock people out of their devices, and demand ransom payments to restore access.
