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Holiday calm leaves small business ‘adrift in eye of storm’
The spending slowdown shows few signs of easing, COSBOA says.
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4 out of 10 overlook expenses, baulk at clunky systems
Workers find recovering outlays involves a stressful, cumbersome process, research finds.
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Insolvencies ‘off to fast start’ after post-pandemic record in 2023
Less forgiving creditors and a focus on tax debt mean last year’s rising trend looks set to continue, Jirsch Sutherland says.
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Cash courier with hidden $3.6m jailed for 4 years
Perth man had bundles of notes concealed in his home and moved the proceeds of crime, the AFP said.
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CSLR appoints former UniSuper CEO to board
Kevin O’Sullivan will become a founding member of a three-person board when the government’s compensation scheme commences in April.
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‘Extreme’ consumer pessimism persists into 2024
Westpac’s index records the weakest January reading since the 1990s recession despite easing rate hike fears.
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‘30% of small business tie-ups with digital marketers end in tears’
Digital platforms have changed the game but too often client and provider talk a different language, research by ASBFEO reveals.
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Online spending up $200 in ‘strong finish’ to 2023
Businesses should ensure their digital strategies allow them to capitalise on the uptick in consumer confidence, Airwallex says.
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Plastic tax could stem ‘waste tsunami’, raise $1.5bn
A think tank paper proposes a $1,300 per tonne levy on over 1 million tonnes of packaging a year.
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Cash decline means all change for payment options
SMEs should reassess the payment methods they offer as customers move away from physical currencies, NAB says.
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Grant Thornton promotes long-time business adviser to principal
The firm’s private business tax and advisory division refreshes its Brisbane leadership team.
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ASIC bans 2 directors over string of failed companies owing $9m
The decision to disqualify the property developers comes after the watchdog banned their associate in November.
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Discounts, lower inflation ‘will drive early retail rebound’
The prospect of lower interest rates means mortgage-stressed 30 to 40-year-olds will rediscover discretionary spending, BDO partner says.
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‘Gone in 3 seconds’: all it takes for AI scams to steal your voice
Customers should look out for emerging scams that impersonate trusted sources, create a sense of urgency and prey on vulnerable victims, NAB says.
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Advocacy group pushes for tax changes to improve worker shortages
The Institute of Public Affairs has called for the pension work bonus to be expanded with ABS figures indicating that job vacancies remain high.
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CFOs pay 30% premium for financial analysts, planners
A shortage of skills in a range of specialties like reporting, modelling and project management has employers upping salaries to land candidates.
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CPI result encouraging, but fight far from over: Treasurer
ABS data shows annual inflation fell to its lowest level in almost two years last November.
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RSM adds partners, principals to accelerate growth plans
The appointments bring the firm’s total partners to 139 and headcount to over 1,800.
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November CPI falls to 2-year low
The latest ABS data shows a further slowdown in inflation, helped by a five-month low in oil prices.
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Black Friday drives November retail sales to record $36.5bn
ABS data shows a 2 per cent jump as shoppers snapped up discounted discretionary goods.
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