There comes a time in the life of every business when change becomes necessary for survival. This change might be as straightforward as reducing manpower or adapting new technology. It can also be as complex as restructuring your existing processes and systems. Companies that can quickly identify what needs to
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SV Partners recently released the key findings of their Commercial Outlook Report, which revealed the top industries at risk of facing financial distress in the next 12 months. Among the top five are the following industries: The Report also highlighted the top regions throughout Queensland, Victoria, and New South Wales where companies
Last month, the Australian Taxation Office (ATO) released draft legislation that empower them to report a business’s overdue tax debts to credit reporting bureaus. Kelly O’Dwyer, Minister for Revenue and Financial Services, is confident the proposed law will help the SME sector. However, a growing number of business owners are now concerned
New year, new changes. This is certainly true for the building and construction industry as it faces significant improvements thanks to the Building Industry Fairness (Security of Payment) Act. The Act was first introduced to Parliament in August 2017 and received royal assent on November 2017. Set to take effect
