Latest News

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  • Accounting

  Late payments made by big business to SMEs worth $115 billion a year

  First 5000     |      June 24, 2019

  Half of all trade credit invoices are paid late and solving the problem would see small and medium businesses (SMBs) benefit by $4.38 billion over 10 years, according to a new report from Xero. 
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  • Workplace Environment

  Enabling activity-based working

  Nina Fountain     |      June 21, 2019

  Activity-Based Working (ABW) or agile working is a transformational business strategy but if it isn’t managed with people in mind first and foremost, there is a risk that the benefits of ABW won’t be realised.
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  • Technology

  Adapt technology strategy for complex business environment: report

  First 5000     |      June 21, 2019

  Mindtree, a global technology services and digital transformation company, has published the fifth annual edition of Tech Beacon, an annual report offering technology guidance for enterprises.
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  • Politics and Policy

  NSW Government must not step back from Modern Slavery Act

  First 5000     |      June 21, 2019

  A year after the NSW Government passed laws positioning itself as a global leader in the fight to end modern slavery, the legislation is languishing after being sent to an additional review.
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  • Business

  Regional Victoria triples regional national average in visitation growth

  First 5000     |      June 20, 2019

  The latest Tourism Research Australia’s International Visitor Survey (IVS), has seen regional Victoria as the best performer in international visitation growth compared to all other states – more than tripling the regional national average with a whopping 12 per cent increase since last quarter. 
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  • Business
  • Economy

  Strong population growth reinforces need for microeconomic reform

  First 5000     |      June 20, 2019

  Official results show that 2018 was one of the strongest years on record for population growth, with the number of people living here rising by 404,780 during the year.
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  • Workplace Environment

  The truth about dirty offices and your unhygienic colleagues

  First 5000     |      June 20, 2019

  Hot desking, eating lunch at your desk rather than taking a lunch break and failure to wash hands are contributing to unhygienic workplaces according to a recent survey. 
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  • Business

  5 strategic advantages of SMEs

  Keith Coppersmith     |      June 19, 2019

  SME is an acronym for small and medium-sized enterprises which make up a large majority of businesses all over the world. In the EU, for example, they represent a total of 99% of all businesses.
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  • Jobs

  RBA raises concerns about high levels of underemployment

  First 5000     |      June 19, 2019

  Minutes from the Reserve Bank’s June meeting, at which it lowered Australia’s interest rate below emergency levels, reveals the bank is concerned about the rates of unemployment and underemployment in the Australian economy.
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  • Artificial Intelligence

  Business transformation specialist Procensol launches global collaboration

  First 5000     |      June 19, 2019

  Business transformation specialist Procensol has collaborated with Automation Anywhere to offer its Robotic Process Automation (RPA) technology to businesses across the world.
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  • Marketing

  Targeted branding done right

  Andrej Kovacevic     |      June 18, 2019

  Branding can be such a vague concept and an elusive goal to achieve. It is discussed in all sorts of contexts – brand identity, brand loyalty, brand value, brand awareness…each term has a slightly different nuance but they are very much linked.
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  • Tax

  ‘Cash in hand’ payments to workers no longer tax deductible

  First 5000     |      June 18, 2019

  The Australian Taxation Office (ATO) has reminded employers that any ‘cash in hand’ payments made to workers from 1 July 2019 will not be tax deductible.
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  • Workplace Relations

  Workers backpaid thousands for unpaid pre-start briefings

  First 5000     |      June 18, 2019

  Mineworkers at Cameby Downs coal mine in Queensland’s Surat Basin have received up to $17,000 each in backpay after their employer Yancoal required them to participate in pre-start briefings before their paid workday started. 
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  • Business

  Physically demanding jobs linked to poor health in delayed retirement

  First 5000     |      June 17, 2019

  Men and women who have physically demanding jobs may experience poorer mental and physical health if they delay their retirement, new research led by Curtin University has found.
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  • Consultation

  Have your say: ACSC Small business survey

  First 5000     |      June 17, 2019

  The ACSC Small Business Survey is being shared with a range of government and small business support groups around Australia, inviting members and stakeholders to participate.