Latest News
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Public consultation opens on super compliance proposals
First 5000 | January 25, 2018New measures to strengthen the ATO’s investigative powers and ensure that smaller firms meet their superannuation liabilities will protect workers and reduce Australia’s $2.8 billion super gap.
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Using customer data to boost online sales
James Bennett | January 25, 2018Merely collecting customer data is not enough to increase online sales, you have to use it to create a positive customer experience.
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Cyber incidents top the Australian risk landscape in 2018
First 5000 | January 24, 2018Cyber incidents will be the top risk for Australian businesses of all sizes and sectors this year with companies increasingly concerned about changing regulation and high profile attacks.
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Firms warned against abusing ‘work experience’ schemes
First 5000 | January 24, 2018Unscrupulous firms which profit from the unpaid labour of young people on phony ‘work experience’ schemes face stiff fines under the Fair Work Act.
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A busy 6 months for the ACCC
First 5000 | January 23, 2018Almost 5,000 small firms contacted the ACCC in the last 6 months of 2017, and action was taken against a number of larger firms for abusing laws regarding competition and contracts.
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All aboard for government contracts in W.A.
First 5000 | January 22, 2018The new W.A. Jobs Act will create more opportunities for local businesses to compete for state government work.
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New NSW Apprenticeship Act should boost skills but 1,000 places remain open
First 5000 | January 22, 2018Changes to the rules that govern NSW apprenticeships should improve their job relevance but 1,000 places still have no takers for 2018.
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The pros and cons of outsourcing
Stephen Barnes | January 21, 2018Outsourcing ancilliary activities such as administration and back office operations can help firms focus on their core activities, but cutting staff overheads can bring its own costs.
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The problem isn’t unskilled graduates, it’s a lack of full-time job opportunities
Shirley Jackson | January 20, 2018Businesses have criticised students for graduating with degrees which don’t equip them for the workplace, but the real problem is the lack of full time jobs available for young people today.
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Electricity spot price soars in South-East Australia heatwave
First 5000 | January 19, 2018Electricity spot market prices climbed to the highest January level since 2010 as South-East Australia sweltered in the heat.
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New payments platform to launch in February
First 5000 | January 19, 2018Australia’s long anticipated New Payments Platform will launch next month, allowing near instantaneous transfers of money, but better identity management will be required to stop cyber-criminals exploiting the new system.
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Cyber-threats rank high in new global risk report
First 5000 | January 19, 2018The World Economic Forum warns that growing social, policital and environmental risks around the world threaten economic recovery.
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Nominations open for the 2018 Endeavour Awards
First 5000 | January 18, 2018Nominations are now welcomed for the 2018 Endeavour Awards for outstanding and innovative Australian manufacturers.
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Call to end loopholes in commercial tax debt disclosure
First 5000 | January 18, 2018Draft reforms affecting the transparency of commercial tax debts have been welcomed, but may not go far enough to deter firms which game the system to evade paying tax.
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The health trends shaping mid-sized health, food and sports companies
First 5000 | January 17, 2018Mid-sized firms in the food, health and sports industries should take note of the latest predictions for the health of Australians over the next five years.
