In recent weeks, investment markets around the world have continued to experience significant volatility as investors try to assess the impact of the coronavirus (COVID-19) outbreak – an event that no-one anticipated for 2020. How much of your super is invested in shares is important.
The new national minimum wage which applies to all full-time and part-time employees who are not covered by an award or agreement, will increase to $753.80 per week or $19.84 per hour (before tax) from 1 July 2020. The increase to awards will happen in 3 groups with 3 separate dates.
The world began 2020 much as it ended in 2019. There was growing optimism in the global economy with expectations that the US and China had ‘buried the hatchet’ on trade disputes and the United Kingdom would be exiting the European Union (EU) in a less disruptive fashion. This optimism lasted until February.
⚠️ The Queensland Government’s Small Business COVID-19 Adaption Grant Program Round 2 will open on 1 July 2020. To get ready to submit an application, follow the ‘how to apply’ information here or call OBT’s friendly Business Solutions team on 07 5462 2277. Hurry! The first round closed fast.
Meet Terri Hamilton who works closely with Debbie as OBT’s Client Accounting Support Administrator looking after our clients’ correspondence and queries.
Farmers have applauded the federal government’s decision to extend its $150,000 instant asset investment write-off offer until December after many businesses highlighted the previous deadline was too short to make practical use of the incentive.
Important information about the reporting process for the business monthly declaration for employers receiving the Jobkeeper payment subsidy.
Your Business Model is not something you change lightly. Only fundamental shifts in your market, vision or business priorities will justify modifying how you make money. That said, a vibrant and resilient organisation is ultra-sensitive to change and responds quickly.
Small Business Superannuation Clearing House users – want to claim a deduction for super contributions? Your super payments must be accepted by 23 June 2020.
Survival has been on the minds of many leaders recently. But businesses are shifting their focus to resilience. What does it take to build businesses that can survive AND thrive in the longer term? Past methods may not work as well in the ‘new’ environment. Then again, what will really change? In this article, we’ll look at some attributes of resilient businesses.