SME Business Insights

Are you ready for the Modern Slavery Act?

19 March 2019

On 1 January 2019, the Modern Slavery Act (Cth) (hereafter “federal Act”) came into force. What this means is that Australia, following in the UK’s footsteps, has federal legislation which requires, among other things, certain entities to report on the risks of modern slavery in their operation and supply chains.

Modern day challenges for hospitality and tourism businesses

12 March 2019

The hospitality and tourism industry in Australia today is continuously changing, specifically with regards to the demographic profile of travellers and the technological advances of the modern world.

Single touch payroll - soon mandatory for every employer

26 February 2019

The ATO has followed through on plans to improve digitisation of tax reporting and returns, making it mandatory for all employers to use Single Touch Payroll from 1 July 2019.

Surviving the hospitality cash flow conundrum

15 February 2019

When the music stops, will your business cope?

What to do about the summer holiday cash flow bell curve

11 December 2018

Any local business operator in the hospitality industry will be able to relate to the summer holiday period rush. When reviewing the month to month annual profit and loss results, they can usually be displayed graphically as a significant bell-type curve.