Tag: business practices

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 […]

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 […]

Federal Government Opens Up Submissions For New Franchise Rules

The Australian Government has published draft amendments to the Franchising Code of Conduct to support the establishment and operation of the Franchise Disclosure Register. The amendments proceed the 2021-22 budget commitment of $4.3 million for a new Franchise Disclosure Register to assist prospective franchisees to make an informed decision before entering a franchise agreement. Stuart […]

Australia’s Current Insolvency Rate Is Much Lower Than Anticipated

A recently published survey has found that the current insolvency rate for Australian business is running at less than half the pre-covid levels. However, this might be a result of the ongoing lockdowns and border closures. Despite the winding back of government support packages, external administrations are still running at historical lows despite concerns last […]

Listed Companies Are Required to Report JobKeeper Grants

Recently announced legislation means that listed entities are required to separately notify the market of JobKeeper payments even if that information has been included in the entity’s annual financial report. The legislation known as The Treasury Laws Amendment (2021 Measures No. 2) Act 2021 was announced by the Australian Government in September 2021. The announcement […]

Covid Disaster Payments In NSW and ACT Have Been Discontinued

Residents of NSW and the ACT who have been receiving Covid-19 Disaster Payments have been told that their payments were officially discontinued on Friday 8th October. The discontinuation comes as the two jurisdictions both reached the 70 percent vaccination threshold target. In an update made on Friday 8th October, Services Australia confirmed that the payments […]

Australian Businesses View Border Closures As A Major Concern

A recent survey has shown that border closures, recruitment issues and supply chain delays are anticipated to be the most significant pressures for Australian businesses over the next 12 months. 46 percent of respondents who participated in the survey believe that border closures will be a major factor in putting pressures on businesses, while 34 […]

Ombudsman Asking for Feedback from Female Business Owners

As a way of supporting and encouraging females to take up entrepreneurship in Australia, women who currently lead or own businesses are being asked to share their experiences. The Australian Small Business and Family Enterprise Ombudsman has released a survey aimed at identifying any unique challenges and opportunities experienced by women who own and lead […]

Customers Are Urging Queensland Businesses To Go Green

Businesses across Queensland have been advised to act now to make sure that they meet customers and markets developing sustainability expectations so that they avoid being overlooked as the global economy shifts increasingly towards sustainable goods and services. Chamber of Commerce and Industry Queensland (CCIQ) chief commercial officer Alex Zafiriadis has announced that businesses that […]