Australian retail sales volumes rose a record 8.2 per cent in the December quarter 2021, seasonally adjusted, according to figures released today by the Australian Bureau of Statistics (ABS). This follows a 4.4 per cent fall in the September quarter 2021. Ben James, Director of
With domestic borders gradually opening up and the Omicron wave forcing governments into new changes, we bring you the latest information on what the operating restrictions are for each state and territory. Australian Capital Territory COVID-19 Safety Plans must be prepared by certain businesses and able
According to MYOB’s recent Business Monitor, which sampled more than 1,000 SMEs in December, there is a significant presence of mental health issues among Australian business owners. The research found that 45% of SMEs thought running a business over the past 12 months had caused them anxiety,
It’s the eye of the tiger, it’s the dream of the fight, Risin’ up to the challenge of our rival – Survivor Lunar New Year’s Eve today heralds the Year of the Tiger and marks the start of a five-day China holiday period. For the beleaguered AUD,
Handing out Rapid Antigen Tests to employees is a great way to help keep your workplace safe, but doing so can also trigger tax ramifications that employers need to be aware of. The advent of the Omicron variant of COVID-19 caused businesses to spend the
New payments for small businesses hit hard by Omicron: Payments will be up to $5,000 per week, plus rebates for RAT tests. The NSW Government will cover up to 20 per cent of a small or medium business’s weekly payroll as part of a new package
DID YOU KNOW… That businesses that enrol their staff in traineeships before March 2022 are eligible to receive a government wage subsidy of up $28,000 a year per employee? The incentive is a part of the BAC Wage Subsidy Program, which aims to assist in the
The post-Christmas spending blitz fizzled as consumers stayed indoors and businesses scrambled to stay open amid crushing staff shortages. According to the latest ANZ spending data, nearly all capital cities had some of their lowest spending results since COVID began nearly two years ago. Spending
Access to Rapid Antigen Tests as a first line of defence for staff could cost Queensland businesses $45 million a week. New Chamber of Commerce and Industry Queensland (CCIQ) economic modelling shows unless Rapid Antigen Tests (RATs) are freely and widely available, close to 120,000
Working from home looks set to become the new normal with new research showing that more employers were now offering permanent WFH arrangements to ensure they can keep operating through continued uncertainty. The Purpose Bureau report found that online job advertisements offering temporary and permanent
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