Business
-
ANZ’s four-day work week pilot success a “game changer” for how we work
Joe Jiang | July 5, 2023Successful trials of the four-day work week in Australia and New Zealand have signalled a need to transform the way we work to achieve sustainable benefits for the employee, the organisation and society, RMIT Professor Zhou (Joe) Jiang, explains.
-
How businesses can better manage the impact of inflation on operations
First 5000 | June 15, 2023It’s unlikely the rate of inflation will rapidly drop, so it’s essential that business leaders take steps to mitigate the impact of inflation on their operations and finances as much as possible, according to Fabian Calle managing director, small and medium business, SAP Concur Australia and New Zealand.
-
Five ways to cut your business expenses by up to 70 per cent
Jenny Folley | June 8, 2023Jenny Folley, founder and CEO of @WORKSPACES says businesses urgently need to take action and understand the importance of paring back operating expenses in preparation for the period ahead.
-
Minimum Wage decision to add to perfect storm facing small businesses
First 5000 | June 6, 2023The Council of Small Business Organisations of Australia (COSBOA) has today warned that the announced minimum wage increase of 5.75 percent will add to the cost of doing business at a time when small businesses can least afford it.
-
Employee or contractor? Why not knowing the difference could put you ASIC’s firing line
Naz Randeria | June 2, 2023The way businesses operate has changed significantly since the days of having all employees in-house, to the point where it’s no longer unusual for companies to hire a range of external contractors, Naz Randeria Managing Director of Reliance Auditing Services explains.
-
From bank teller to banking millions: the rise of Australia’s much loved cleaning mogul
First 5000 | May 30, 2023The owner of the country’s largest franchising division with the Jim’s Group, Haydar Hussein shares his story of building a successful career.
-
Australia’s Invisible Workforce: The Crucial Role of Volunteers in Supporting our Nation
First 5000 | May 17, 2023A new report from Volunteering Australia, launched during this year’s National Volunteer Week features the latest volunteering data and reveals key insights into the motivations and types of volunteering undertaken in Australia.
-
Changes to unpaid parental leave
Sean Melbourne | May 16, 2023There are some changes to the laws on unpaid parental leave that kick in on 6 June 2023, so now is a good time to update your parental leave policy, according to Sean Melbourne from professional services company Source.
-
SMEs not on the sideline, not in the spotlight: COSBOA on Federal Budget
Matthew Addison | May 12, 2023The 2023-24 Federal Budget acknowledges small business, but there is a need for greater focus on empowering them, promoting entrepreneurship and providing enhanced reasons to commence and remain in business, according to Matthew Addison Chair of COSBOA.
-
Aussie business paying $5.74 billion ‘inertia tax’ in excess foreign exchange fees
First 5000 | May 9, 2023Australian businesses are paying $5.74 billion each year in excess foreign exchange fees, according to Australian payments company Airwallex which is calling on the Government to step in and direct the ACCC to prioritise this issue.
-
Top skills you need to avoid being laid off as economy cools
Peter Grist | May 3, 2023Employers across the country are starting to make tough cost cutting decisions as the global economic downturn bites, with jobs being the first to go, according to Peter Grist managing director of Australian corporate coaching and training business, GRIST.
-
What is psychological safety and why is everyone talking about it
Christina Foxwell | April 11, 2023Psychological safety is the new buzz term hitting workplaces across the country however very few businesses actually understand what is really means or how to achieve it, according to life and business coach and prominent self-help author, Christina Foxwell.
-
Four-day work week requires caution: COSBOA
First 5000 | April 4, 2023Trials of four-day work weeks have been taking place both in Australia and overseas with many organisations reporting various successes and according to Matthew Addison, Chair of COSBOA a vigilant approach in pursuing a four-day work week for five days’ pay should be taken.
-
Wave of insolvencies about to hit Australian economy
First 5000 | March 29, 2023Law firm Taylor David is sounding the alarm on the number of insolvencies about to hit the Australian economy in 2023 with a warning that the number of companies facing financial headwinds is likely to be significantly larger than during the Global Financial Crisis (GFC).
-
Succession Plus partner with mid-market business alliance group First 5000
First 5000 | March 9, 2023Mid-market advisory firm Succession Plus has announced a major partnership with First 5000 to better support and promote mid-market business owners in Australia.