Prepare for Payday Super: Key Readiness Steps for Employers
Important changes to employer superannuation obligations will commence from 1 July 2026. Under the upcoming Payday Super reforms, employers will be required to pay superannuation guarantee (SG) contributions much more frequently. Rather than making quarterly payments, super contributions will generally need to be paid at the same time employees are paid their salary or wages. […]
Cash flow forecasting puts you back in control
Strong cash flow management is critical to the sustainability of any business. In an environment where operating costs, supplier pricing and revenue conditions can change quickly, maintaining visibility over your future cash position is essential. Cash flow forecasting allows businesses to project their expected financial position by analysing historical financial data and estimating future cash […]
Planning for all eventualities: the benefits of scenario planning
In an economic environment where conditions can change quickly, it is important for business owners to plan ahead and prepare for a range of possible outcomes. One effective way to do this is through scenario planning. What is scenario planning? Scenario planning involves analysing your existing financial information and using it to model different possible […]
Understanding Your Statement of Cash Flows
The statement of cash flows, commonly referred to as the cash flow statement, reports the movement of cash and cash equivalents within a business over a defined reporting period. The report details all cash receipts and payments across key activity categories, presenting the net increase or decrease in cash for each area. These movements are […]
Setting goals for you and your business for the new financial year
The beginning of a new financial year offers a valuable opportunity for business owners to pause, review performance and consider priorities for the year ahead. Taking the time to assess where your business currently stands can help clarify the direction you would like to take over the next 12 months. Establishing clear goals is an […]
Could junior rates of pay be abolished?
Gerard Dwyer, National Secretary of the Shop, Distributive and Allied Employees’ Association (SDA), has articulated the view that employees aged 18 years and over should be remunerated at the full adult rate of pay. The underlying argument is that individuals legally recognised as adults for civic purposes should receive equivalent recognition within the workplace. The […]
5 things your balance sheet can tell you about your finances
While many business owners recognise the term ‘balance sheet’, its strategic importance is often under-estimated. A balance sheet is more than a compliance document — it is a concise statement of your entity’s financial standing at a specific reporting date. It is structured around the core accounting equation: Why your balance sheet matters: A well-interpreted […]
What does an accountant do?
A professional accountant’s role extends well beyond the preparation of income tax returns and the fulfilment of compliance requirements. While statutory reporting remains fundamental, a competent adviser also provides commercial insight, financial oversight and strategic direction to assist business owners in making sound, evidence-based decisions. Engaging an accountant supports improved governance, cash flow management and […]
Interest rates go up: how could this affect your finances?
On 3 February 2026, the Reserve Bank of Australia (RBA) increased the cash rate from 3.6% to 3.85%, reflecting ongoing inflationary pressures, tight labour market conditions, and capacity constraints. Interest rate changes can influence small business finances in several ways: Borrowing Costs: Cashflow Impacts: Investment and Capital Considerations: Economic Environment: While these changes may present […]
How to find government grants and support
Adequate capital is essential to support business growth, investment and long-term sustainability. While traditional funding options remain important, government grants and loans can provide valuable additional support. The Federal Government’s grant finder tool currently lists hundreds of grants, loans and assistance programs, with further incentives available through state governments. Below is a snapshot of four […]