The Importance Of Strategic Leadership In The Age of Covid-19

The covid-19 pandemic has generated a massive reorganisation in the way people live and world across the world. Businesses folded as their traditional sources of revenue dried up, whilst others flourished and adapted successfully to sudden change by updating their operating model in order to survive as a business. In a nutshell strategic leadership is […]

Business Credits Defaults in Australia Increase By 9 Percent

It has been revealed by CreditorWatch that some of Australia’s economic recovery has slightly lost a bit of its momentum, as it has recorded a 9 percent increase in credit defaults across businesses. Recently released figures show that despite the fact that although credit defaults were 43 per cent lower for the three months to […]

Australia’s Unemployment Is the Lowest It’s Been Since February 2020

Recently released figures from the Australian Bureau of Statistics (ABS) has shown that Australia’s unemployment rate is continuing to fall. The latest data shows the unemployment rate dropping 0.4 percent points to 5.1 percent during the month of May 2021.  The figures published by the ABS revealed that approximately 115,000 Australians found new positions of […]

1 In 3 Australians Are Currently Looking For A Career Change

Newly published research illustrates that as many as 38 percent of Australian workers intent to quit their jobs over the new 12 months. This same survey revealed that a further 39 percent of workers admit to being open to new opportunities.  Some of the reason’s workers were keen to look for new positions of employment […]

ATO Offers Help To Australians Impacted By Covid-19 and Natural Disasters

The Australian Tax Office (ATO) acknowledges that workers across Australia continue to face huge challenges in regards to the covid-19 pandemic and various natural disasters which have occurred over the past 12 months. Here is some advice to help Australian taxpayers prepare for the upcoming End of Financial Year. JobKeeper JobKeeper payments are not tax […]

Insolvency Rates in Australia Expected to Increase By 10% This Year

In comparison to the rest of the world, Australia appears to have dodged a bullet when it comes to business insolvencies, but it is not out of the woods just yet. Despite the Australian government’s temporary support measures, insolvencies are expected to rise by 10 percent this year and potentially increase by another 10 percent […]

The End Of JobKeeper Has Cost 56,000 Jobs To Date

Newly released data from Single Touch Payroll has revealed that 56,000 workers who were previously on JobKeeper have lost their jobs. This is an increase in 16,000 which is up from the figures of 40,000 jobs from the data published two weeks ago. “The data suggested that up to 40,000 former JobKeeper workers lost employment […]

46 Percent of Small Business Owners Admit to Mental Health Problems

Research published by MYOB has shown that 46 percent of small and medium sized business owners believe that running their own business has directly contributed to feelings of depression or anxiety.    Furthermore, another 26 percent ranked mental health as an “immediate” problem in their daily life and workplace.  These figures illustrate that the pandemic is taking […]