Hands up if you struggle to keep up to date with the ever-changing landscape of industrial relations (IR). Thankfully, through the Council of Small Business Organisations Australia (COSBOA), the Australian...
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The Instant Asset Write-Off (IAWO) has officially become law for the 2023-2024 financial year, offering significant tax relief opportunities for eligible small businesses. If your business has an aggregated annual...
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Financial distress is a common challenge for small businesses, but the Small Business Restructuring (SBR) Process offers a lifeline. This simplified, cost-effective mechanism helps financially troubled small businesses reorganise and...
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It’s no secret that running a business is becoming more challenging. With costs on the rise, keeping a close eye on your cash flow is more critical than ever. This...
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At Diverse Business Consultants, we're committed to safeguarding your financial well-being, including protecting your personally identifiable information (PII) from scammers. The Australian Taxation Office (ATO) has highlighted a worrying increase...
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As an employer, ensuring your team has completed their superannuation standard choice forms is crucial. But what happens if an employee doesn’t return their form? Here’s your guide to navigating...
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As we navigate through 2024, businesses across Australia are facing the challenge of rising operational costs. With the national 3.75% minimum wage increase and higher superannuation rates (11.5%), businesses must...
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The Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024 marks a significant shift in work-life balance dynamics by introducing the "right to disconnect." This amendment to the Fair Work...
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