Media Releases
Lawpath has collected data from the 130,000 businesses that their legal platform to determine 6 strong business trends that have taken off in the wake of the COVID-19 pandemic. Since March this year, the business landscape as we know it has shifted dramatically to something unrecognisable – CBDs are empty and shopping centres deserted. Government shutdowns, […]
Small and medium businesses are struggling to get ready for a return to work as they attempt to decipher the complex and costly requirements which allow them to reopen, says Employsure, Australia’s largest workplace advisory firm for SMEs. The call comes as states begin to ease lockdown restrictions and permit a reopening of hospitality and […]
A Melbourne lawyer is warning businesses to prepare for potential privacy issues that may already be arising from current remote working conditions. Rigby Cooke Lawyers Senior Associate Emma Simpson said while business owners were currently focussed on doing what they could to remain afloat, a significant privacy breach could seriously impede their recovery. “Many businesses […]
The announcement of the government’s $130 billion JobKeeper Payment scheme was greeted with a sigh of relief for many businesses who are struggling with paying staff wages as part of the financial challenges caused by coronavirus (COVID-19). The scheme supports businesses significantly affected by the coronavirus to help keep more Australians in jobs and is […]
Is now the time to buy or sell a business? With so many businesses closing their doors during the coronavirus outbreak, you might think the answer is ‘no’. There’s no denying the current economic situation is dire; however, a recent survey has revealed that buyers and sellers are still in the market and the future […]
Business owners should remain cautious but optimistic, following the passing of the Federal Government’s $130 billion JobKeeper stimulus package through parliament, according to Employsure, Australia’s leading workplace relations company. The short term “Just because the legislation has passed, it doesn’t mean a business owner is automatically eligible,” said Employsure Managing Director Ed Mallett. “While it […]
Australian neobank, 86 400, has closed its Series A capital raise. $34m of new equity was raised in March, bringing its total capital to $90m. The funds will help further accelerate product and feature development and support mortgage book growth. The raise, led by international investment bank Morgan Stanley, is one of the largest Australian fintech […]
FoodByUs, the former B2B-only marketplace for wholesale food suppliers, has opened up its platform to help consumers during the coronavirus crisis. The Sydney based startup, which usually supplies huge volumes of food and cleaning products to cafes, pubs and restaurants, is making the switch from B2B to B2C. With wholesalers losing around 80% of their business […]
The COVID-19 pandemic has forced businesses across Australia and New Zealand to close their doors, putting employers in the difficult position of what to do with staff. Hundreds of thousands of workers in a number of industries, including the travel, hospitality and retail sectors are facing months of uncertainty, with COVID-19 expected to further spread […]
Small business is placed under tremendous pressure with the coronavirus pandemic, so ActionCOACH ANZ have summarised the key pieces of advice to help weather the storm. With the knock-on effects of coronavirus impacting consumer behaviour, small businesses must be innovative and find ways to stay competitive and ensure their survival. “Certainly, these are extremely trying […]
The pending shut downs of non-essential services across parts of Australia may trigger conditions in the Fair Work Act that will allow employers to stand staff down without pay, according to Employsure, Australia’s leading workplace relations company. In a Government imposed closure of a workplace, employers may be in a position to stand staff down […]
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has written to Prime Minister Scott Morrison, requesting support for Australia’s small business sector, including the nation’s 1.4 million sole traders. Read up on: COVID-19 economic plans and the government’s stimulus package. “The COVID-19 driven downturn is already taking an unprecedented toll on the Australian small business […]
Within the debate of moving to a four-day working week, Australian companies need to measure and understand employee wellbeing. Sunil Vohra, co-founder of the world’s first independent and standardised index for measuring organisational culture, The Workability Index, highlights how critical it is for Australian businesses to move to measuring wellbeing as a key metric. “At […]
Deloitte Australia has taken out the number one spot in the 20 Best Australian Workplaces for New Dads 2019 List published by HBF’s Direct Advice For Dads. The idea behind the HBF’s list publication is to encourage more businesses to offer parental leave policies that also considers new dads, not just mums. Working with research consultancy […]
PayPal Australia has today announced a partnership with #BuyFromTheBush to help Aussies “Give Better” this Christmas and support our rural communities facing drought. The partnership aims to build on the success of #BuyFromTheBush through the launch of a new gifting portal designed for Aussies to discover unique and purposeful gifts this Christmas. The #BuyFromTheBush movement […]
The ATO is urging small employers who’ve not yet made the switch to Single Touch Payroll (STP) to get in touch if they need help to transition. Small employers with 19 employees or fewer are now required to start reporting through STP but ATO Assistant Commissioner Jason Lucchese said there was still time for businesses […]
The Australian Taxation Office (ATO) today announced that it will grant a two month lodgment and payment deferral to taxpayers impacted by the recent catastrophic bushfires in New South Wales and Queensland. Acting Deputy Commissioner Andrew Watson said that people affected by the fires should focus on getting their other affairs in order and not […]
Some of the biggest businesses in Australia will trial a series of eight principles around artificial intelligence, developed as part of the Morrison Government’s AI Ethics Framework. NAB, Commonwealth Bank, Telstra, Microsoft and Flamingo AI have signed up to test the principles to ensure they deliver practical benefits and translate into real world solutions. Minister […]
A series of recent business failures highlight a skills gap that is widespread in business. The Royal Commissions into banking, aged care and disability; the celebrity chef wages scandal; and this month’s liquidation of domestic violence charity White Ribbon Australia are just some of the cases that highlight a flaw that is now common and […]
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell says advisory boards are increasingly playing a key role in Australia’s small business’ success stories. Speaking at the Global Thought Leadership Summit in Melbourne today, Ms Carnell said 74% of businesses that use advisory boards want assistance with their growth strategy. “Advisory boards are a […]
