2022 Economic Pressure Points
At a recent economic breakfast hosted by Business NSW, we heard from some of Australia’s key economic analysists about what’s in store for jobs and the cost of living here on the Central Coast. Cost of living Tapas Strickland, Senior Economist for the National Australia Bank (NAB) predicts that the Reserve Bank will raise interest…
Read MoreFederal Government launches payment times register for small business
The Federal Government has launched a national payment times register to increase visibility and accountability of 6,000 big business invoicing methods and payment policies. The new online Payment Times Reports Register publishes information about the payment policies of businesses with a turnover of more than $100 million. It is designed to protect and empower small…
Read MoreSign up to sell and buy local
As we head into the festive season, we’re reminded to consider shopping locally. The more we can support local business, the more jobs and wages growth will result. In an effort to encourage local spending, government and business groups have created local business registers for shoppers. Here’s where you can list your business, and/or search…
Read MoreTop habits of wealthy people you can adopt in 2022
It is true that wealth is mindset. Those who are focused on generating financial growth generally do, and fortunately their habits are easily accessible and applicable. Which ones will you try in 2022? Wealthy people can clearly see their future self. They can see the house they have, the holiday they go on, the people…
Read MoreDirectors required to apply for their Identification Numbers
The Federal Government has this month launched its requirement of, and application process for, a Director Identification Number (DIN). Our team welcomes this development as an added layer of identity security for business directors in our digital world. Applications opened on 1 November and Directors must apply personally. Directors are increasingly vulnerable to identity fraud…
Read MoreWhat are the 2021 Australian Franchising Code amendments?
The Australian Federal Government has amended the Franchising Code in an effort to balance the power relations between franchisors and franchisees. The changes come from the 2019 Fairness in Franchising Report. As of 1 July 2021, Franchisors are required to disclose additional information regarding capital expenditure, marketing funds, rebates and earnings information, lease disclosure statements…
Read MoreJobs trends – Staff attraction and retention during ‘The Great Resignation’
Whether you employ staff or are an employee, jobs trends make interesting viewing during a pandemic. The headlines this month show us that trends are very much influenced by industry and health orders, and that we need to cut through the noise, like ‘The Great Resignation’ to discover how to attract and retain the best…
Read MoreRecipient and Runners Up of AdviceCo and CCF $20,000 Community Grant Announced
AdviceCo is thrilled to announce that the recipient of their inaugural $20,000 Community Grant is Central Coast Kids in Need. Runners Up of the program are Camp Breakaway and Iris Foundation/Because We Care Boutique, who will both receive a $5,000 contribution from AdviceCo and the Count Charitable Foundation. A further $2,500 was also donated to…
Read MoreWhat a Perrottet government means for business and personal wealth
New South Wales’ new State Premier, Dominic Perrottet, has communicated his agenda for a number of economic reforms that will impact businesses and individuals. Reopening roadmap – Perrottet has wasted no time putting his own stamp on the roadmap, bringing dates forward to ease restrictions. Businesses are open, they are however, responsible for enforcing double-vaccination…
Read MoreWinding down: JobSaver and COVID Disaster payment
As the vaccination rate continues to climb, and businesses are able to open, employ, serve and trade, the State and Federal governments have communicated their plan to withdraw the financial support provided over this June-October lockdown period. JobSaver has been tapered from 40% to 30% of weekly payroll, and now that the State has reached…
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