Scenario Planning – the COVID-19 Wake Up Call

By Adam Gandel on 03/06/20 - Mins to read: 2 minutes

Many business owners are struggling with the effects the ‘invisible enemy’ is having on their enterprise. Those that had planned for declining economic activity, maybe not as damaging as that being inflicted by COVID-19, were well prepared to make informed decisions to keep their businesses alive. This preparation will also... Read More >

Is it time for a financial swab test?

By Trent Antonio on 02/06/20 - Mins to read: 3 minutes

For many doctors, the thought of a health check of their practice and personal wealth can feel just like a nasal swab – uncomfortable, invasive and leaves you feeling a little bit queasy. However, just like a nasal swab, there can be significant benefits from the diagnosis. This couldn’t be... Read More >

Tips to advance your financial position during COVID-19

By Jennifer Rees on 02/06/20 - Mins to read: 3 minutes

In this time of uncertainty, many practitioners will be wondering how they can manage their finances to ensure they are in the best position to see themselves through this period. We have prepared a simple summary below of the key things to consider. Staying on top of your cashflow Personal... Read More >

Rebuilding your Practice Post COVID-19

By Belinda Hudson on 02/06/20 - Mins to read: 3 minutes

Recent data from the Australian Bureau of Statistics has shown that 49% of all Australian businesses have experienced an adverse impact as a result of the COVID-19 pandemic and the restrictions to combat the spread of the disease. Further to this, 86% of businesses expect to be impacted in the... Read More >

What does the Rental Code mean for doctors

By Scott Lindeblad on 02/06/20 - Mins to read: 4 minutes

The Code On 7 April 2020, the Federal Government announced a mandatory National Code of Conduct on commercial tenancies (the Code) to be implemented by all states and territories. The Code sets out guidelines on good faith leasing principles which apply to commercial tenancies, including retail, office and industrial. They... Read More >

30 June deadline remains for foreign residents to apply for the CGT main residence exemption

By Ruby Cheung on 02/06/20 - Mins to read: 3 minutes

With EOFY tax deadlines looming and businesses preparing their routine reporting, it’s important to consider other measures and critical cut off dates that could affect you. If you’ve moved overseas and own a main residence in Australia, you have a very short window remaining to utilise the CGT main residence... Read More >

Reskill & upskill – is your workforce ready for post COVID-19?

By Blake Scheffers on 02/06/20 - Mins to read: 3 minutes

The issue of ‘skills gap’ is not a new one for many industries. In light of the current crisis we now have more employers struggling to find the right skills and training for their workforce. If you’ve relied on labour mobility from other countries, it’s likely you’ll need to find... Read More >

Employee leave entitlements – what’s different during COVID-19? Check now and save time later.

By Michele Nevill on 01/06/20 - Mins to read: < 1 minute

As temporary measures were introduced and the Fair Work Act amended, employers were required to quickly make changes to their systems to accommodate concessions and access government assistance. The speed at which the new measures were introduced meant these changes were often made quickly and without the usual consideration and... Read More >

What can startups expect with venture capital (VC) funding?

By Misha Ahuja on 01/06/20 - Mins to read: 5 minutes

Should we look to China for hints as to what will happen with global VC? For our startup community to survive, we need to observe ground zero and monitor the shockwaves hitting regions ahead of us. Since the COVID-19 pandemic hit, Chinese VC deals have taken a plunge and we’re... Read More >

How manufacturers are pivoting in the ‘new normal’

By John Spender on 22/05/20 - Mins to read: 2 minutes

While most businesses are focused on how they can keep the lights on, a few sectors such as manufacturing and biotech are quickly emerging at the forefront of the COVID-19 crisis. While the pandemic has exposed vulnerabilities in many operating models and supply chains, some businesses are quickly adapting to... Read More >

Not-for-Profit Boards – It’s time to rethink your model!

By Andrew Bradley on 14/05/20 - Mins to read: 4 minutes

Thought leadership The best performing Boards and Investment Committees (ICs) recognise their primary role is one of governance, not operations and certainly not investing. Fundraising and investment are two big issues NFP Boards and IC’s are struggling with right now. Issues for Fundraisers With fundraising, the basic issue is to... Read More >

Victorian passes COVID-19 land tax relief and commercial tenancy obligations

By Neil Brennan on 12/05/20 - Mins to read: 3 minutes

On 1 May 2020, the Victorian Government passed the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Regulations). The Objective of the Regulations is for landlords and tenants work cooperatively and act reasonably and in good faith to implement measures to apply to tenants and landlords under eligible... Read More >

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