How High Will Interest Rates Go?

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we’re going through a process now of steadily increasing interest rates, and there’s more of that to come. We’ve got to move away from…

FBT-free Electric Cars

New legislation before Parliament, if enacted, will make zero or low emission vehicles FBT-free. We explore who can access the concession and how. Electric vehicles (EV) represent just under 2% of the new car market in Australia but it is a rapidly growing sector with a 62.3% jump in new EV registrations between 2020 and…
Overcome your customers fears of spending

Overcome your customers fear of spending

One of the biggest complaints from salespeople in a tight economy is the time it takes to achieve a sale.  So, what can you do to speed up the sales process? Sell the solution not the product Branding is wonderful but unless your brand is as mighty as Coca Cola, it’s unlikely people will purchase…
$1bn Small Business Support Package

NSW Governments announces $1bn support package for struggling NSW Small Businesses

The NSW Government has announced a $1bn support package for struggling NSW small businesses. Acknowledging the difficulty that business operators have faced, the NSW Treasurer Matt Kean has announced a package of measures to support small businesses impacted by COVID-19 over January and February 2022. Releasing the package, the NSW Treasurer said, “household balance sheets…

How to set up your Director ID

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Directors are now required to register for a unique identification number that they will keep for life. What is a director ID? A director ID is a 15 digit identification number that, once issued, will remain with that director for life regardless of whether they stop being a director, change companies, change their name, or…
Commercial landlords in New South Wales will now be required to offer rental relief to tenants with an annual turnover less than $50 million under an extended state support scheme.

NSW Extends Commercial Tenancy Relief

Commercial landlords in New South Wales will now be required to offer rental relief to tenants with an annual turnover less than $50 million under an extended state support scheme. The NSW government last week announced the reintroduction of national cabinet’s Mandatory Code of Conduct for Commercial Leasing, which will mandate rent relief for eligible…
Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and medium-sized business

Victoria Doubles Business Support Package

Government weighs up federal support as Victoria doubles business support package. The Victorian government will allocate a further $209.3 million to support the state’s small businesses through an extended lockdown as the Morrison government hints at federal support on Thursday. Acting Victorian Premier James Merlino on Wednesday announced extended support for the state’s small and…
Gladys Berijiklian NSW Government

NSW Announces $24m Innovation and Research Program

The Berejiklian government will offer small and medium-sized businesses up to $24 million in grants over two years to commercialise solutions for the government’s agencies. The NSW government on Tuesday announced its Small Business Innovation Research (SBIR) program, a scheme geared toward encouraging small and medium-sized businesses to solve government initiatives related to five of…
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