The Australian Council of Trade Unions has argued for an increase in the minimum wage in the Annual Wage Review. In an announcement last week, it said it would argue for a 5 per cent increase in its submission, lifting the minimum hourly rate to $21.35 and the minimum annual […]
Category: Business
Business, what we do to spread resources around.
Yin to your yang: Three tips to find the ideal business partner
You wouldn’t rush into a relationship with someone who doesn’t share your values. Similarly, it’s crucial that any business partnership starts with everyone on the same page. Business partnerships form for a variety of reasons and like any relationship, there’s no magic formula for success. I’ve been fortunate to have […]
Following Musk’s poll, Twitter will now allow you to edit tweets
Twitter, the American microblogging and social networking platform, has confirmed that it is developing a feature that will allow users to edit tweets after they have been posted. we are working on an edit button Interestingly, the announcement comes just days after Tesla Inc. CEO Elon Musk revealed a 9.2 […]
Australia’s February trade surplus narrows
An increase in imports has reduced Australia’s trade surplus by more than $4.33 billion in February 2022, According to the most recent Australian Bureau of Statistics data. A nation has a trade deficit when it spends more on imports than it earns on exports. “In seasonally adjusted terms, the balance […]
How a Fractional CFO can bring the right expertise when you need it most
Most business owners have a laser focus on tasks that will boost sales, build their teams and reach new customers. As a result, it can be hard to find dedicated time for important financial tasks like balancing the books, reporting or strategy. In the early days, entrepreneurs might manage finances […]
Beyond crypto: how small businesses can benefit from blockchain
Thanks to digital coins, the word ‘blockchain’ has been typically associated with cryptocurrency and NFTs in recent times. However, there are more benefits of blockchain technology to businesses than first meets the eye. “Think of blockchain as a digital ledger of transactions that’s duplicated and shared across an entire network,” […]
Let’s Talk: How to turn workplace flexibility into a win-win situation
Thanks (but not really) to the pandemic, more and more of us have become aware of the importance of a good work-life balance after decades of office nine-to-fives. And it isn’t just for the workers. Employers will also benefit from this shift in workplace culture. Employee experience is everything in […]
10 ways to grow your business off social media
Having recently decided to take her business off Facebook and Instagram platforms due to ethical concerns about Meta, the ownership company, Rima Alijew has had to find new ways to grow her Sydney based pilates studio, Trunk Studios. With more and more companies, including outdoor apparel brand Patagonia, boycotting Instagram […]
Paid in full: How automation can help your company collect payments faster in 2022
Feel like it’s taking your business far longer to collect payments than it did a year or two ago? It’s not your imagination, unfortunately, and you’re far from alone. Recent research suggests one of the unfortunate side effects of the global pandemic has been the stretching out of payment times […]
RBA holds cash rate at 10 basis points; says inflation to continue in the coming quarters
In its monetary policy meeting of 2022, the Reserve Bank of Australia (RBA) board decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent. The last time the RBA lifted the official cash rate was […]