Strategies for managing staff and skills shortages
Over 90% of businesses are experiencing workforce shortages, according to the 2022 Workforce Skills Survey, from the state’s peak business organisation, Business NSW. So how can business owners take control of something that feels very much out of control? The annual survey of over 600 businesses across the State was conducted through the last week of May…
Read MoreTaking control of superannuation as a wealth-building strategy
This month is an important one for superannuation funds as they go under the microscope once again for performance assessment. It’s got many members wondering how they can take control and start treating super not as a fall-back option, but as a driver for wealth. The government is reviewing default super funds for performance. You…
Read MoreMarket Update: July 2022 Market Wrap
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreNowhere to hide: ATO in hot pursuit of dodgy claims and tax debt
The Australian Tax Office has issued a warning to tax payers not to try to make false claims or ignore collection communication. The result will be forceful follow-up and audit action. Dodgy claims: It feels as though the ATO issues the same warning each year: don’t claim unrelated expenses! And yet, some people are still…
Read MoreHealthy habits for SME’s this new Financial Year to save time and tax
One of our favourite sayings is: when the going gets tough, the tough get going. Never has it been more relevant for business owners everywhere. To get you going this new financial year, there are some simple things you can do to boost your business health, and save time and tax. Year-round advice Many business…
Read MoreBad Google reviews: what they cost your business and what to do if you get one
In this age, when everyone is a critic, business reputation is very much in the hands of the consumer. This can absolutely go in your favour. Good reviews build prospect trust and trial. But a small number of bad reviews can significantly impact your bottom line, and how you handle it could be worth a…
Read MoreDivorce rates have increased, and the way you settle your finances really matters
The 2021 Australian Bureau of Statistics census data recently released shows that 2.5 million Australians are now divorced; up from 2.2 million in 2016. Of 5.55 million families, nearly 1.07 million are now single-parent families. Divorce is an extremely emotional event and a huge milestone in anyone’s financial life. It is the emotional nature of a relationship…
Read MoreMarket Update: 2022 Q3 Global Market Outlook Summary
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreMarket Update: Stocks & Bonds are falling, yet portfolios remain resilient
Article by Matt Sherwood, Head of Investment Strategy, Multi Asset @ Perpetual
Read MoreCOVID relief is over for business owners, and now the struggle is real
We don’t like to focus on the negative, but bear with us on this one. Small business owners currently face government legislated (and industry-led) wage and superannuation increases, increasing energy and supply costs, a tight labour market, increased pressure from the ATO…where can a business owner – who employs Australians and supports the Australian economy…
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