18 October 2023
Deciphering the Recent Surge in Bond Yields: What Businesses Need to Know
The recent surge in bond yields has sent ripples through financial markets, signifying a pivotal shift after four decades of low-interest rates. This development has drawn attention to the implications it holds for businesses. Let’s break down the basics of bond yields, why they matter, and how they can impact your business. Understanding bond yields A bond yield is the return an investor can expect to earn from a bond, expressed as a percentage of the bond’s face value. It’s a key indicator of the profitability of bonds, and changes in yields can have significant implications for financial markets. The...
16 October 2023
Navigating Supply Chain Risks Post-Pandemic: A Crucial Wake-Up Call for Australian Businesses
As the business landscape emerges from the throes of the pandemic, the fragility of supply chains remains. In today’s interconnected world, supply chains stretch across borders, encompassing suppliers, manufacturers, logistics providers, and customers worldwide. While this complexity offers numerous advantages, it also exposes organisations to a myriad of risks – from natural disasters and geopolitical tensions, to economic fluctuations and unexpected disruptions. It’s a timely reminder for Australian businesses to continually assess the potential risks of supply chain disruptions. In general, when compared to overseas counterparts, Australian supply chains are not only underprepared but underfunded. This leaves these critical networks...
26 September 2023
Top Tips to Better Password Security in 2023
Gone are the days of having just one password. We all have multiple codes and passwords – for our computers and laptops, mobile phones and tablets and the myriad of apps that we can’t seem to live without. Following on from our cybersecurity article, here are a few common password pitfalls, along with some basic tips on how to make your passwords and devices more secure at home and in business. Why does good password security matter? Many of us receive password update reminders from our workplace, IT support, internet service providers, popular shopping sites (eBay, Amazon), streaming services (Netflix,...
26 September 2023
Debt Financing Vs. Equity Financing: Understanding the Key Differences
One of the pivotal decisions faced by businesses is choosing the right method for capital acquisition—namely, debt financing vs. equity financing.
26 September 2023
Maximising Wealth Transfer: A Guide to Effective Estate and Succession Planning
Effective estate and succession planning is an important tool in navigating the intricate dynamics within families. Families can be complex units, with the needs/possible claims from spouses, ex-spouses, de facto, children and stepchildren all part of the planning. Appropriate estate and succession planning ensures that the accumulated family wealth is channelled into the hands of the intended beneficiaries in accordance with the wishes of the deceased. In this guide, we’ll delve into the key facets of estate and succession planning, shedding light on essential considerations for safeguarding your family’s financial legacy. Estate versus Non-Estate Assets The first step in appropriate...
22 August 2023
How to Prepare for a Cyber Attack
A comprehensive guide on how to prepare for a cyber attack, the signs to look out for, and what to do should an attack occur.
16 August 2023
Supporting small business with the small business technology investment and skills and training boost
The ATO has introduced two measures to support small businesses: the Small Business Technology Investment boost, and the Small Business Skills and Training Boost. Small business technology investment boost Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction to support their digital operations and digitise their operations. The boost is for business expenses and depreciating assets and is capped at $100,000 of expenditure per income year. You can receive a maximum bonus deduction of $20,000 per income year. The expenditure must: 🔹 already be deductible for your business under...
14 August 2023
G in ESG – Governance: Building Strong Foundations for Business Success
Environmental, Social, and Governance (ESG) considerations have become increasingly crucial in business as investors and stakeholders demand greater accountability and sustainability. As our ESG series of articles continues to delve into ESG and its components, aiming to help businesses understand their significance in 2023 and beyond, in this article, we explore the “G” in ESG – Governance. What is Governance? Governance is a critical component of ESG and the foundation of a well-functioning and sustainable organisation. It encompasses the policies, processes, and structures that underpin effective business management, including decision-making, policymaking, and the rights and responsibilities among different participants in...
24 July 2023
Exploring the S in ESG: The Increasing Significance of Social Factors in Business and Investment
In recent years, ESG has gained significant footing in business and is becoming crucial to sustainable investment strategies and decision-making in the future. While the primary focus has been on environmental and governance, the importance of social factors in ESG is growing. So, let’s delve into the “S” in ESG, why it’s important, and how you can integrate social factors into your investment, operations, and decision-making processes. In case you need a refresher or are new to ESG, check out our post on ESG: What it is & why it should matter to your business. What is the S in...