Omicron Covid-19 Variant Is Making Australia’s Economic Recovery Extremely Difficult

The economic damaged caused by a record number of covid-19 cases being recorded across Australia is negatively impacting workers in pretty much every industry. Australians businesses are struggling to keep up with the number of workers being told to isolate after testing positive to covid-19 or after being listed as a close contact of a […]

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 […]

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 […]