Ending an employment relationship can be challenging for both the employer and the employee. Whether it's due to resignation, redundancy, or dismissal, employers must follow important legal obligations to ensure...
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...
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...
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...
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...
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...
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...
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...