The ATO Says It Can’t Rely on Crypto Users Own Records
The Australian Tax Office (ATO) has said that it is unable to rely on cryptocurrency investors to keep track of their crypto related transactions and profits, despite most investors trying their best to provide the ATO with the correct information. “Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only […]
Australian Hospitality Is Experiencing A Huge Recruitment Crisis
The Australian hospitality industries is experiencing a huge recruitment crisis as there are currently an excess of 100,000 vacant roles. As a result of this a large number of lucky Australians working in the industries are getting paid double their award hourly rate. The challenges that employers are facing to entice people to work with […]
Queensland Pubs and Cafes Will Ban Unvaccinated Patron Starting Next Month
The Queensland Government has announced that pubs and cafes across the state will ban unvaccinated customers from entering venues once Queensland reaches it’s 80 percent doubled-vaccinated milestone. This milestone is currently projected to be reached by Friday 17th December. Outside of the hospitality industry, the unvaccinated will be able to attend weddings but only if […]
Wage Growth Continues to Increase Across Australia
Wage growth figures across Australia have continued to rise closer to the levels recorded prior to the start of the covid-19 pandemic. This trend has occurred despite covid lockdowns still occurring across most of the eastern cost of Australia during the September quarter when the data was collected. The latest figures published by the Australian […]
Unpaid Overtime Has Increased During the Covid-19 Pandemic
A recent report has shown that the number of Australians working unpaid overtime has increased significantly during the covid-19 pandemic. The report can reveal that unpaid workers are missing out on an average $230 a week or $460 each fortnight. Across the country Australians are working an average of 6.1 hours of unpaid work each […]
Queensland State Government Outlines Rewards For Businesses That Only Accept Vaccinated Customers
On Monday 18th October, The Queensland State Government announced it’s roadmap towards re-opening the state for visitors from both interstate and overseas. As part of the announcement Deputy Premier Steven Miles has announced that pressure will be placed on Queensland Businesses outlining that businesses who adopt a “vaccinated only” policy will be rewarded with […]
Important Attributes That Make A Great Business Leader
If you were to sit down with ten different entrepreneurs and ask them what they believe makes a great leader you would most likely receive 10 different answers. However, there are some important attributes that seem to get spoken about more than others. Here is a good list of traits that an individual should focus […]
Australia’s Unemployment Rate Continues to Rise
According to the Australian Bureau of Statistics (ABS) an extra 138,000 jobs were lost during the month of September 2021. This means that Australia’s unemployment rate increased up to 4.6 percent, from 4.5 percent, with another dramatic deterioration in the participation rate the main reason why the unemployment rate did not jump further. Australia’s participation rate hit a […]
Accountants Encouraged to Talk to Their Clients About Business Closures
Accountants across Australia have been encouraged to raise the issue of business closures with their clients as ongoing lockdowns are quickly resulting in the death of a number of businesses. Recently published data shows that business defaults have increased by 20 percent over the past month. Averaging an increase of 10 percent over the last […]
Tips For Reducing Burnout In The Workplace
Experiencing burnout in the workplace a problem many Australians experience at some stage during their professional career. This has become even more common in the age of covid-19 when a recent survey revealed that almost three-quarters of Australian and New Zealand workers admit to have experienced burnout at some stage during 2020. There are many […]
