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...
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 July 2023
Emerging Markets to Watch in the New Financial Year
The Australian investment landscape is no stranger to change, innovation, and growth. As the Australian economy continues to mature, it has the unique advantage of observing, influencing, and being part of various emerging markets. From digital technologies and health tech to agriculture and renewable energy, the horizon of local emerging markets is as vast as our Australian continent itself. While certain emerging markets can involve some risk due to commonly being a new market, or seeing large fluctuations due to the recent global health events, with enough research and understanding there is a big potential for investors and new business...
19 June 2023
Understanding the E in ESG: Environmental Considerations for Your Business
In today’s rapidly changing business landscape, environmental sustainability has become a key consideration for companies worldwide. As investors and stakeholders increasingly prioritise environmental impact, understanding the “E” in ESG (Environmental, Social, and Governance) is crucial for businesses looking to thrive in the long term. Let’s explore the significance of the “E” in ESG, why it should matter to your business, and how you can integrate environmental considerations into your operations and decision-making processes. What is ESG? Firstly, let’s recap what ESG is. ESG refers to the three central pillars of sustainable investing: environmental, social, and governance. These pillars are non-financial...
21 May 2023
WA State Budget Summary: The Key Takeaways for Businesses
The announcement of the 2023-24 WA State Budget has confirmed that the WA economy remains strong and resilient whilst highlighting the risks ahead due to the challenges associated with interest rates and the global economy. We delve into the key takeaways from the Western Australian State Budget – and what these mean for local businesses. WA State Budget Breakdown WA economic forecast WA’s economy is expected to grow by 4.25% in 2022-23. If achieved, it will be the strongest growth rate since 2013-14. Growth is forecast to decrease in the coming years, reaching 1.5% at the end of the...
15 May 2023
Australian Federal Budget 2023-24 Recap for Business Owners
Now that the ink has dried on last week’s Australian Federal Budget, which was largely focused on alleviating cost-of-living pressures across the nation, we can evaluate what this means for businesses. Here is a summary of the key the Federal Budget announcements impacting business owners. Australian Federal Budget Summary for Business Owners: Small Business Instant Asset Write Off: $20,000 threshold for 2023–2024 Temporary Full Expensing will end on 30 June 2023. From 1 July 2023 to 30 June 2024, the Government will temporarily increase the instant asset write-off threshold to $20,000 for small businesses with an aggregated turnover of less...
26 April 2023
ESG & Increasing Regulator Focus on Greenwashing
Environmental, social, and governance (ESG) factors have become an increasingly important consideration for investors and regulators as awareness of climate change and other sustainability issues grows. ESG factors are are non-financial factors that investors and lenders use to identify material risks and growth opportunities and include the following, and are core to an organisation’s strategy and operations. However, with the rise of ESG, there comes an increased focus on greenwashing. In Australia, the ACCC and ASIC are working together to address greenwashing or misrepresenting a company’s environmental credentials. What is greenwashing? Greenwashing is the act of making false or misleading...
3 April 2023
Ledge Opens Kalgoorlie Office
Our big news – we are excited to announce the opening of our new office in Kalgoorlie. We have a longstanding relationship with businesses that have a presence or are located in and around the Kalgoorlie-Boulder area. We have therefore taken the decision to open a Ledge office in Kalgoorlie. Located at Suite 8, 28 Cheetham Street, Kalgoorlie, our expanded presence will enable us to more closely support the local and surrounding areas’ business community. To learn more and arrange a meeting to discuss your business financing structure or loan requirements, contact Ledge Finance Executive Jacob McDonald at 0407 925 999 or email@example.com.