A major change is coming for small businesses when the federal government’s new real-time payments initiative PayTo goes live from July 1, 2022. A part of the New Payments Platform, PayTo is a new digital payments service that can be used by payers to pre-authorise one-off or recurring real-time payments from a bank account. Put […]
From April 5, 2022 director identification numbers (Director IDs) are a mandatory requirement for new (first-time) directors. Director IDs have been introduced to help prevent the creation of false director identities, mitigate adverse cross directorships and illegal phoenixing activity, and increase accountability. All company directors need to meet their legal obligations and apply before their […]
Big goals don’t happen overnight, so celebrate all the small wins along the way. Acknowledging and celebrating small wins in your business can motivate, inspire, and relieve stress. It’s easy to celebrate the big wins, but there can often be long periods of time in between them. Big goals don’t happen overnight, it takes many small […]
Paying cash for the equipment your business needs instead of taking on debt may sound like a good idea, but are you hobbling your business’s growth? Cash has always been the simplest way to buy assets such as tools, machinery or vehicles, and there’s no doubt that at face value it’s the cheapest. You only […]
Truckies can ditch the work diary under new national law proposal if the Australia Trucking Association’s draft Road Transport Act policy becomes law. The ATA is pushing to break the stalemate in the National Transport Commission’s long-winded review of the Heavy Vehicle National Law (HVNL) by drafting the Road Transport Act. The act would replace […]