The Australian Government has announced an economic stimulus package in response to the coronavirus. Business initiatives The key measures designed to support businesses cash flow, encourage investment and help businesses retain their employees include: Tax-free payment of between $2,000 and $25,000 To be eligible business entities must have aggregated annual turnover of under $50 million […]
10 Ways Your Staff Can Increase Your Profit
Staff form an integral part of any business and business’ need to get the most out of employees without working them too hard. The secret is to ensure they are productive with their time. So, how can leaders and managers improve employee productivity while still saving time? To start with, each employee must have a […]
BIG CHANGES from 1 March for Salaried Employees
The Fair Work Commission have recently made a decision which will change annualised salary provisions under a number of Modern Awards from 1 March 2020 onwards. If an applicable award covers your employee(s), your obligations for paying employee salaries are going to change. Employees on annualised salaries are now required to be placed on an […]
Don’t be the Cashflow Ostrich
It’s the time of year where we have just got over Christmas and holidays and many businesses are trying to not look at the bank account and the invoices are mounting. Many have that sinking feeling that there may be a cashflow problem but aren’t quite sure. From my experience now is the time to […]
5 ways you can employ Labour in your Business
When it comes time to hiring new team members or further labour into your business it is important to understand what options are available so that you can decide on the right type of worker for your business. There are five main employment types: Permanent or fixed-term employees Casual employees Apprentices or trainees (employees) Employment […]
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