IN FOCUS: Latest Insolvency Statistics

ASIC's latest Insolvency Appointment Statistics reflect the impact of pandemic 'temporary' measures withdrawal. In response to the COVID pandemic, the Government previously implemented a range of ‘temporary’ measures to assist business weather the economic impact of the coronavirus epidemic. All of these temporary measures have now expired and the impact of the withdrawal of [...]

2022-10-20T10:58:04+11:00October 19th, 2022|Business Update|

Doing Business in Australia | Our Guide

An essential read for those tasked to undertake due diligence on entering or investing in the Australian market In the everchanging global economy, Australia provides immense opportunities for international business. The combination of a highly qualified work force, extensive infrastructure, natural resources and a familiar legal system to most parts of the world is [...]

Have you hired an employee or a contractor?

Hiring an independent contractor may seem like a simpler method than hiring a full-time or part-time employee for a business. Or is it? This is because there is a general assumption that, if hiring an independent contractor, they will not be responsible for PAYG withholding, superannuation guarantee payments, payroll tax and workers' compensation obligations. [...]

2022-05-31T16:04:07+10:00May 4th, 2022|Business Update|

SME MATTERS: A boost for tackling skills shortages

Have you been thinking about hiring an apprentice for your business? Looking to upskill your employees? Thinking about the ways that you could improve your business’s capabilities? The recent Federal Budget 2022-23 announcements committed support to mitigate the long-standing impacts of the pandemic on businesses and their workforces. If skill shortages, a lack of [...]

2022-05-12T15:56:57+10:00May 4th, 2022|Business Update|

BUSINESS UPDATE: Are you a director and have your DIN?

As a director of an Australian business, you are required provide your individual Director Identification Number (DIN) in every directorship registration, current and future. Your DIN is unique and used instead of your personal details on public registers. It also allows businesses, communities and government agencies to register, verify and track the corporate history [...]

2022-10-18T14:42:44+11:00March 16th, 2022|Business Update|

BUSINESS UPDATE: Is your R&D incentive application ready?

Your 2021 FY application deadline for the R&D tax incentive is approaching. If your innovation and development expenditure during the tax year ended 30 June 2021 meets the eligibility criteria under the Government’s R&D Tax Incentive, your commitment to advancement can be rewarded with lower tax payable or obtaining cash refunds. Submit your application [...]

2022-04-07T13:37:56+10:00March 10th, 2022|Business Update|
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