Job Adds Across Australia Dropped By 5.5 Percent in December 2021
Businesses across Australia chose to take to the labour market with caution during the month of December as job ads fell as a result of the rising case numbers, and the Omicron-induced economic uncertainty that accompanied them. ANZ published the results of its monthly job ads index on Wednesday, which showed the rate of jobs […]
Rise In Covid-19 Cases Triggers A Decrease In Early Year Spending
ANZ is reporting a huge decrease in early year spending across the country when compared to previous years. The caution in spending is a result of the significant spread of the Omicron variant of covid-19 especially in NSW where spending in the week to 2 January was 25 percent lower year-on-year. However, ANZ Research senior […]
NSW Government Announces $66 Million Support Package To Revive Outdoor Dining
NSW Premier Dominic Perrottet has announced the distribution of new grants of up to $500,000 for councils and $5,000 for businesses to increase outdoor dining opportunities. “Those alfresco dining changes that were brought in last year as a temporary measure will now become permanent. We know they’ve been incredibly successful in the Sydney CBD … […]
Cryptocurrency in Australia
Despite all the ups and downs and huge swings in value, a recent survey established that three quarters of Australians who have invested in cryptocurrency still managed to make a profit off their investment. In a 12-month period between July 2020 and July 2021, Australians on average made over $10,000 in profit from their cryptocurrency […]
How to Know When It’s Time to Close Your Business
A large number of Australian businesses have been forced to close their doors with good over the duration of the covid-19 pandemic. As a business owner knowing when to quit will likely save you further heartbreak and also plenty of money. Starting a business is tough and it can be even tougher closing it both […]
The Commonwealth Bank Will Start Trading Cryptocurrency In 2022
The Commonwealth Bank has officially announced that it will become the first of Australia’s four major banks to allow its customers to purchase, hold and sell specific cryptocurrencies via their online banking app. The announcement means that the banks 6.5 million customers will be able to access up to 10 different cryptocurrency coins such as; […]
The ATO Plans to Auto-Call ABN Cancellations
The Australian Tax Office (ATO) has announced that Australian Business Number (ABN) holders or their accountants might be contacted by the tax office during the months of November and December 2021 as it moves to automate its ‘intent to cancel’ program. ABNs can be selected for the cancellation program if the tax office cannot detect […]
How Can Money Contribute Towards The Breakdown Of A Marriage?
It could be easily argued that the greatest threat to wealth creation is not tax, but divorce. This is a belief that can be in many cases true when discovering the huge fees that are associated with assessing family property settlements as a result of the breakdown of a marriage. Money in many cases can […]
Australian Retailers Association Is Concerned About Customer Aggression In Victoria
Paul Zahra the chief executive officer of the Australian Retailers Association (ARA) has written a letter to Victorian Premier Daniel Andrews explaining his concerns about “elevated customer aggression levels” in the state, and has called for improved consultation around vaccination protocols which have become “extremely challenging” for retailers to manage at short notice. “Our members […]
Signs That It Might Be Time To Change The Direction Of Your Business
Launching a new business is extremely difficult and knowing when something is not working is even more difficult to navigate or to come to terms with. Many people out there who end up getting stubborn and as a result of this try to convince themselves to believe that they have the right business idea and […]
