Department stores have long been a popular hub for convenience, variety and discovery. However, the explosion in online shopping, continued expansion of floorspace and now the challenges of Covid-19 have seriously challenged their business model.
Many commentators described the Royal Commission into Aged Care Quality and Safety as a once in a lifetime opportunity to reshape the industry to meet the needs of older Australians now and into the future.
Every business owner needs to become fluent in financial literacy. If not enough attention is dedicated to this area, it can lead to an avoidable business downturn.
The Royal Commission into Aged Care Quality and Safety (RCACQS) hands down its report on Friday (26 February 2021).
For retailers, the Christmas period has always been make or break.
Following on from David Thodey’s draft ‘Supporting the Road to Recovery’ report (Draft Report), released on 1 July 2020 (and commented on by us here on 16 July 2020), the NSW Budget handed down 17 November has confirmed the State Government’s proposal to replace stamp duty with a broad based property tax. If implemented, it will comprise the biggest shift in state taxes since World War 2.
It‘s a challenging environment for independent schools in Australia.
There is no doubt about it – Australia’s energy future will be one of increasing renewable capabilities.
The first bank in Australia, Bank of New South Wales, was established more than 200 years ago in 1817.
Australia produces a lot of food. We are a unique market in that we cannot consume everything that we produce – we must export.
Circumstances regularly arise whereby a business’ legal structure is no longer appropriate or beneficial for the business.
On 10 September, it was announced that the Export Market Development Grant (EMDG) scheme will be reoriented from its current reimbursement model to an upfront grant agreement payable to eligible recipients over multi-year grants from 1 July 2021.