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Could a skilled migrant help your business? Easy steps to hire

Australia’s Skilled Migration Program is designed to attract migrants who make a significant contribution to the Australian economy, and fill positions where no Australian workers are available. While the program has the potential to assist small businesses, a recent NSW Small Business Commission survey found

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Is your ‘zombie’ enterprise agreement set to expire?

With the passing of the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022, a 12-month timer has begun on all ‘zombie’ enterprise agreements. What is a ‘zombie’ agreement? A zombie agreement is a coverall term that refers to agreement-based transitional instruments, such as workplace

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Household debt grows by 7% with no end in sight

Average household debt grew by 7.3 per cent to $261,492 in 2021-22, according to the latest figures from the Australian Bureau of Statistics (ABS). Katherine Keenan, ABS head of Finance and Wealth, said “the dataset released today includes timeseries from 2003-04 to 2021-22 for five

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Why SMEs should ‘debt hibernate’ instead of insolvency

Small businesses should have better access to ‘debt hibernation’ instead of being made insolvent when they face a crisis beyond their control, so they are better able to pursue a credible restructure, save jobs and rebuild, according to the Australian Small Business and Family Enterprise

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