Pollies can’t keep pace with the new job generators

The Australian, July 3, 2018 One of the major differences between Australia and America is that our pattern of employment is vastly different to the US. That difference is now dramatically accelerating and catching out many service and product marketers plus governments. The latest victim is none other than opposition leader Bill Shorten, although his counterparts in the government also …

Our small entrepreneurs must strive for global reach

The Australian, July 7, 2018 In one sense the Australian people and nation don’t really exude entrepreneurial values. With the exception of Macquarie Bank, which was formed in 1970, we haven’t created a new truly big business — defined as a top-10 publicly listed company ranked by market capitalisation — since Woolworths was formed in 1924. BHP, the four big …

Bill Shorten spells it out: businesspeople are for Labor or an enemy

The Australian, July 7, 2018, Grace Collier A telling moment this week, extremely brief, but concerning enough. Perhaps you won’t quite see it, but for me it was as clarifying as Mark Latham’s aggressive handshake with John Howard back in 2004. To many, an aside made by Bill Shorten on Wednesday may have seemed peculiar but harmless. After news broke …

Hair and beauty salon backpays workers $25,000 but avoid penalties after signing deal with workplace watchdog

SmartCompany, July 9, 2018 A Sydney-based beauty and hair salon has avoided paying penalties by entering into an enforceable undertaking (EU) with Australia’s workplace watchdog after admitting to underpaying seven workers more than $25,000 and failing to issue them payslips. OKS Hair and Beauty Salon in Lidcombe drew the attention of the Fair Work Ombudsman (FWO) after one of its …

Companies suffer even when they are in the unions’ good books

The Australian, July 21, 2018 Unions today have the smallest number of financial members than they have ever had. At the same time, they have more money and more power than they have ever had. Union officials are truly Australia’s greatest entrepreneurs, promoting a battler image while riding their tax-exempt structures — and a plethora of associated entities and trusts …

MESSAGE FROM OUR CEO – May 2018

ENGINE ROOM HUB (ERH): WA’s first dynamic online business community and a trusted source of support for entrepreneurs who are running, growing or starting a business and supported by CoSBA was launched on 30 May 2018. The platform gives businesses a chance to connect, learn and grow.  Straddling both the digital space and the world of human interaction, it will provide genuine promotion and …

July 1 legal changes your small business needs to know about

SmartCompany, June 29, 2018 It’s that time of the year again. You’re (hopefully) well on your way to getting your tax affairs in order as June 30 approaches, and come Saturday, your finance team will be putting their feet up for a well-earned rest. But amid the mad rush of the end of the financial year, it can hard to …

Businesses up in arms over Labor’s tax move

The Australian, 26 June 2018 Business groups have responded angrily to Opposition Leader Bill Shorten’s decision to roll back most of the legislated tax cuts for small and medium-sized firms, with one calling it a “big kick in the guts”. After months of deliberation, Mr Shorten promised to rescind tax cuts for businesses with turnovers of between $10 million and …

WA award and minimum pay rates to increase from 1 July

Wageline news flash, 13 June 2018 The WA Industrial Relations Commission increased the state minimum wage for adult award free employees and all pay rates in WA awards effective from the first pay period on or after 1 July 2018. The Commission has awarded a $18 per week increase in the state minimum wage for award free employees, lifting it to $726.90 per …

Nine end of financial year tax tips for Australian small businesse

SmartCompany, June 28, 2018 To help take some of the pressure off, SmartCompany has compiled a list of tax tips and advice for the last few days of the 2017–18 financial year to help you get your affairs in order and your claims perfected before it’s too late. For the 9 tax tips click on: https://www.smartcompany.com.au/finance/tax/eofy-nine-end-of-financial-year-tax-tips-for-australian-small-businesses/?utm_campaign=SC&utm_medium=email&utm_source=newsletter