The Australian Competition & Consumer Commission (ACCC) released a recent warning regarding a new superannuation scam. The scam takes advantage of the government’s decision to allow Australians partial access of their superannuations starting mid-April to lessen the financial impact of COVID-19. Since the government’s superannuation
The increased numbers of employees working remotely presents an opportunity for cybercriminals. Companies must be vigilant and maintain proper controls on their data and finances. Leaders, IT departments and staff must work together to prevent vulnerabilities. As the world stands together to defeat the coronavirus,
Taking advantage of emerging technologies, including Big Data and artificial intelligence, has enabled China to respond rapidly to the impacts of COVID-19 and to fight against its spread; New hospitals were built in record time and millions of students were able to resume their
One of the most alarming trends to watch this week in Australia was how quickly small and large companies axed their employees. A lot of jobs in certain industries were expected to be quickly impacted ie tourism, hospitality, sports, etc — but there was another
Last Friday the NWS government announced it will put $750 million into a ‘Small Business Support Fund’. The fund was created to provide small businesses across the state struggling due to COVID-19 with $10,000 grants for “fast relief”, according to a press release. This is
As part of the economic response to the coronavirus, the Australian government has announced a 130$ billion Jobkeeper payment plan. Like its name suggests, the Jobkeeper payment scheme was created to keep businesses in operation and employees paid during the ongoing coronavirus crisis. The Treasury
When people are in business or are contemplating setting up a business, storage is not often on their list of priorities. However, it quickly becomes apparent that “space” is a commodity that can really affect the profit and loss of many businesses. Whereas we are
In small business, cash is king. It’s the key to unlocking innovation, growth, more staff and investment in tools and technologies. One in two business owners say they worry most about cashflow*. This doesn’t come as a surprise. Without cash, you can’t invest, pay wages
You CAN take control of your future, with innovation. The 2020 business environment is full of uncertainty, with both local and international events creating extraordinary pressures on society and the economy. As both individuals and our businesses, it’s only human to feel isolated and powerless,
Paying suppliers in foreign currencies can be expensive and confusing. As new players enter the payments market, there has never been a better time to re-evaluate your payment flow. By choosing the right international payment methods, SMBs can avoid expensive transaction fees and poor FX
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