How accurate data helps businesses survive the inflationary cycle

While big data remains the province of large corporates and governments, real-time data is more accessible to SMEs than ever before, SmartCompany reports

It’s allowing a generation of business owners who’ve had to rely on experience and gut feel, to transform their business into data-driven operations, and grow […]

Industry Growth Centres Initiative

Support for priority industry sectors

Are you an ambitious Australian business owner in one of our 6 priority industry sectors?

An Industry Growth Centre may be able to help you achieve your goals.

There are 6 growth centres for the 6 sectors of competitive strength and strategic priority:

advanced manufacturing cyber security food and agribusiness […]

How business owners can win and keep the right talent

Many small business owners remain optimistic about a new financial year

Despite this, the ongoing uncertainty around COVID-19 has resulted in an unstable economy, with the impact on the job market hard to predict.

In fact, Xero research revealed that almost half of small and medium business owners believe small businesses will be key […]

2021 Federal Budget business breakdown

What the Federal Budget means for business

To help create jobs, business investment and confidence after COVID-19 created the first recession since 1990, the Federal Government has just released a big spending 2021-22 Federal Budget.

Based on our analysis, the big winners appear to be:

Business – the instant tax deduction for buying equipment, cars, […]

Boosting Apprenticeship Commencements wage subsidy program

Thousands of New Apprentice and Trainee Jobs

The targeted wage subsidy program, as part of the Government’s National Economic Recovery Plan, is being expanded

As a result, tens of thousands of new job opportunities will be created for apprentices and trainees across Australia.

The Boosting Apprenticeship Commencements wage subsidy program is fully subscribed, helping […]

Dine & Discover NSW

Dine & Discover NSW program

The NSW Government has launched Dine & Discover NSWto encourage the community toget out and about,support dining, arts andtourism businesses and stimulate spending in our economy.

Hospitality, entertainment and tourism businesses in New South Wales are being encouraged to sign on to the state government’s Dine & Discover program as […]

Financial assistance for VIC businesses

VIC Payroll tax deferrals

Businesses with payrolls up to $10 million can defer their liabilities for the first half of the 2020-21 financial year.

VIC Payroll tax refunds

Eligible businesses can claim an emergency tax relief refund of payroll tax already paid in the 2019-20 financial year.

Business Resilience and Understanding Your Market

As accountants, we want our clients to build resilient and successful businesses

That means overcoming the challenges and pursuing the opportunities presented by current market conditions.

Leaders of resilient businesses ensure they understand their market, especially the customers and competition.

Some leaders have an ‘innate sense’ about their market; a ‘gut feeling’ about their customers […]

JobTrainer skills package announced

COVID-19 business recovery

The Australian Government will invest $2 billion to give hundreds of thousands of Australians access to new skills by retraining and upskilling them into sectors with job opportunities, as the economy recovers from COVID-19.

Key points

The new package consists of:

A $1 billion JobTrainer Fund A $1.5 billion expansion of the […]

Key COVID-19 measures by State and Territory

Australian State and Territory economic relief and stimulus package summaries

In response to the coronavirus (COVID-19) pandemic currently impacting the economy and businesses generally, each Australian State and Territory Government has announced relief and other support packages as part of the broader economic stimulus measures.

To assist our clients, the NTAA has prepared the following […]