Tag: Finance

Cash flow is the lifeblood of any small business – when it’s pumping your business is healthy, but when it dries up the results can be disastrous.

The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 2.25 per cent, while suggesting “further easing of policy” may be needed in the coming months.

The horrendous market performance from oil, Russia’s rouble and bitcoin ensured that they breezed to the dubious position amongst the year’s worst investments.

The report, titled Economic Policy Reforms 2015: Going for Growth, said Australia would see a rise in productivity performance if taxation in the corporate sector was lowered.

The silly season may be switching into gear, but with the increased costs on both businesses and consumers alike, SMEs must ensure they have a plan of attack at the ready.

I’ve been fortunate enough to be my own boss for twenty years. Let me be the first to say that there isn’t a business owner in Australia, nay the world, who hasn’t fought in the battle of obtaining finance.

The September fall of the Aussie dollar of more than 6% in two weeks will bring much needed relief to many businesses who have long struggled with a strong exchange rate. However, spare a thought for importers, for example, who costed the dollar at US90c back in August.

One of the most common issues faced by small businesses is keeping control of the businesses finances and ensuring that the business continues to be profitable.

Just one in four Australians feel they have enough super to be financially secure in the future.

While it’s good to relish in your successes of today, it’s important to take the steps to protect your assets and earnings for tomorrow.