Day: 19 May 2020

Why you should trust your employees working remotely

Is the “new normal” a catalyst for change? Many years ago I was interviewed for a job by the CEO of a medium-sized manufacturing organization. I will never forget my first impression when I entered the boss’s expansive office with its large mahogany desk, a desk that was deserted. An ocean of polished timber, but …

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30% of businesses have reduced staff since the onset of the pandemic

The latest instalment is based on more than 900 survey responses between 27 March and 24 April 2020. The results continue to show that the COVID-19 crisis is affecting the majority of businesses, with the demand for their goods and services and cash flow considerably reduced. Consequently, many businesses reported they have reduced staff hours …

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Adapting to the ‘new normal’ in cashflow management for SMEs

Visibility and control, two things we could all use a little more of when it comes to our business spend.  I think we can all agree that the current circumstances have not only made us think about future proofing our business but have required us to think about adapting to the now, the ‘new normal’, …

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Small businesses are overlooking $150k instant asset write-offs amid lockdown

The ATO is offering $150,000 per asset write-offs as an economic lifeline for small businesses struggling financially amid the pandemic. Despite the write-offs being five times the normal amount granted to small businesses in a financial year, most are not partaking.  A survey by SME Finance Group found that three-quarters of Australia’s small-to-medium enterprises (SMEs) …

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Over 30 free small business webinars right now

Free small business webinars from the ATO Small business webinars Topic Description Digital options There are many online services and digital systems that can help you perform your business activities such as marketing, sales, accounting and reporting. Come along to this one hour session to find out what benefits you can get from digital systems …

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The ‘moment’ people see your ad is more important than the message itself

As the fastest growing digital ad format in Australia it’s no secret that marketers (and consumers) see huge value in digital video. Although launching an effective video campaign might seem simple… Step 1: create a powerful ad Step 2: target the right audience …marketers are concerned with an additional factor––one that has the potential to exceed …

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We shouldn’t be spooked by apparent China trade tensions

“Our economic relationship with China is deep but always evolving. These latest disputes are not new but there are agreed international institutions designed to settle trade differences,” Innes Willox, Chief Executive of the national employer association Ai Group said today. “Megaphone diplomacy or over-reactions from either side are not conducive to good outcomes. “We have …

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Aussie digital advertising slows, as video proves star performer

Total online advertising growth slowed in the first quarter of 2020 to deliver overall year-on-year growth of 3.8 per cent according to the IAB Australia Online Advertising Expenditure Report (OAER). The report compiled by PwC, found that the drop in expenditure traditionally experienced after the December holiday quarter was more pronounced this year, with the total advertising …

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The wine industry receives stark biosecurity message from COVID-19

Biosecurity expert Craig Elliott says the Coronavirus COVID-19 pandemic has inadvertently given the Australian wine sector a taste of what could happen in the event of a major insect pest or plant disease outbreak. ‘The last few months have been a steep learning curve for many people’, Craig said. ‘We’ve seen the struggle to get …

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Blockchain to tackle supply chain failures exposed by COVID-19 and boost economic recovery

The pressure created by the COVID-19 outbreak on global trade systems highlights an urgent need for global cooperation to maintain and strengthen the resilience of international supply chains. To help organizations improve future pandemic preparedness and accelerate an economic rebound post COVID-19, the World Economic Forum is releasing today the Redesigning Trust: Blockchain Deployment Toolkit which enables …

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