Business
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JobKeeper package a survival kit for SMEs
First 5000 | March 31, 2020The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the $130 billion JobKeeper package announced by the federal government.
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Changes to foreign investment framework
Josh Frydenberg | March 30, 2020The Morrison Government has announced temporary changes to the foreign investment review framework that are designed to protect Australia’s national interest as we deal with the economic implications arising from the spread of the coronavirus.
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My Business Health offers some relief from pandemic distress
First 5000 | March 27, 2020My Business Health, a web portal designed to provide holistic support to SME business owners, now features a dedicated section for those struggling with the COVID-19 crisis.
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Decision inertia
Stephen Barnes | March 27, 2020When faced with a crisis, like the one that businesses are facing now with COVID19, a natural reaction is to stop making decisions or decision inertia. However, this is the wrong approach, it is vital more than ever to make decisions and make the quickly.
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Road testing your Business Continuity Planning – brought to you by COVID-19
Craig West | March 25, 2020This is the time the rubber hits the road in terms of businesses’ ability to survive (and thrive) in difficult times – employees working from home, remote meetings and events, IT systems stretched and the economy a rodeo ride of uncertainty.
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How does Coronavirus affect your business contracts
Stanislav Roth | March 20, 2020Coronavirus is resulting in substantial disruption of supply chains. Does a force majeure clause provide protection for parties affected by this disruption?
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Australia’s most liveable regional cities revealed
First 5000 | March 17, 2020Victoria is home to Australia’s most liveable regional cities – Ballarat, Bendigo and Geelong – according to new research that for the first time maps health and liveability across the country’s 21 largest cities.
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Companies face crisis of confidence in business leaders: report
First 5000 | March 12, 2020Only 15% of business executives worldwide have confidence in their company’s own top leadership successfully to manage disruption – including unexpected events like pandemics, technological advances, shifting demographics and climate change.
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Gov in denial over industry challenges including unaffordable advice, need for financial literacy education
Paul Tynan | March 10, 2020A year after the Hayne Royal Commission, advice industry commentators continue to debate what the advisory sector will look like going forward.
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Alarming new data paints grim picture for SME payment times
First 5000 | March 9, 2020The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says fresh data reveals small and medium sized businesses are waiting far too long to get paid.
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After running a successful business for 20 years, why do I feel like a failure?
Darren Woolley | March 6, 2020A business I founded in January 2000 is now 20 years old. It is quite an achievement, considering the Australian Bureau of Statistics says 60 per cent of business will fail in the first three years. But instead of feeling the achievement I am overwhelmed by a disturbing sense of failure.
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4 ways business owners can lower overhead costs
Keith Coppersmith | February 19, 2020Are you looking for ways to cut costs within your business? Keith Coppersmith has four simple suggestions to help your bottom line.
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Concerns about Bunnings’ Adelaide Tools deal: ACCC
First 5000 | February 19, 2020The ACCC has raised preliminary concerns that the proposed acquisition of Adelaide Tools and Oaklands Mower Centre by Bunnings may lessen competition in the market for tools and outdoor power equipment in Adelaide.
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J5 tax chiefs closing the net on global tax evasion
First 5000 | February 19, 2020Leaders from five international tax organisations have come together in Sydney, Australia this week to review the J5’s progress in their fight against transnational tax crime and set priorities for the year ahead.
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Leak at chemical plant costs company $242,000 after EPA action
First 5000 | February 18, 2020Sydney manufacturing company Jalco Australia Pty Limited has entered into an Enforceable Undertaking with the NSW Environment Protection Authority (EPA) to contribute $200,000 to a local environmental project following a water pollution incident.
