Latest News
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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.
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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.
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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.
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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.
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The Ultimate Guide to Maintaining a Youthful Smile
Amelia Atkins | May 27, 2023A radiant, youthful smile can light up a room and leave a lasting impression. As we age, various factors such as lifestyle choices, dental hygiene habits, and even genetics can impact the health and appearance of our teeth and gums. However, with the right strategies and consistent care, it is possible to preserve or even […]
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Big business adopting small business mentality to cut costs
Chris Butt | May 26, 2023Office scalability and flexibility is now the core focus of many businesses wanting to achieve efficiencies, grow sales and increase profitability, according to Chris Butt, cofounder and global CEO of the Figari Group.
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OnDeck urges SMEs to act now to save on tax
Cameron Poolman | May 25, 2023SMEs should be exploring opportunities that can simultaneously help them save on tax while strengthening the business for the new financial year, according to Cameron Poolman CEO of business lender OnDeck Australia.
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Top 5 reasons employees are quitting in 2023
First 5000 | May 24, 2023When asked why employees recently quit or are considering quitting, 46% indicated it was due to a lack of career opportunities, up a staggering 29% from 2022, according to people2people Recruitment’s 2023 Annual Salary and Employment Report.
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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.
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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.
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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.
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Federal Budget accelerates progress towards gender equality: RMIT
Leonora Risse | May 11, 2023The Federal Budget accelerates progress towards gender equality through multiple initiatives, including by expanding a gender lens across the Budget more broadly, according to Senior Lecturer in Economics at RMIT University Dr Leonora Risse.
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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.