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 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.
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.
Business owners often complain they lack information to make decisions, in spite of many solutions which claim to provide intelligent, customised reporting. Identifying business problems that need solutions and then the data sets which support decision-making is a better approach and we accountants can add value in this process. Read how.
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. The last instalment of the series discusses 7 practical ways to improve your profits.
Recent global events are testing the mettle of even the most experienced leaders. What skills are necessary in this time of uncertainty? What leadership traits will help steer a business through the multitude of challenges and threats? Read on for leadership ideas which can be applied in your business.