Australia
Business lessons from the turnaround of Australian entertainment giant Foxtel

By Kyle Wathen on 25/08/20 - Mins to read: 5 minutes

Disruption The Foxtel IQ product was world leading technology throughout the 2000s. However, Foxtel faced allegations in 2015 of rushing out new boxes to customers to counter the threat of Netflix to its business. Foxtel (and many others) failed to identify early enough the threat of new entrants with new...
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Supply chain management: prepare for disruption to stay on track

By William Buck on 25/08/20 - Mins to read: 5 minutes

Geopolitical tensions, shipping delays and rising freight costs are compounding the bleak global supply chain situation – which remains marred by issues that emerged during the pandemic, including labor shortages and shifts in demand. As a business owner, you might feel that there is little you can do to mitigate...
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RACGP SA announces 12-month Payroll Tax Amnesty

By Tom Laundy on 25/08/20 - Mins to read: 5 minutes

Written by Tom Laundy & Jennifer Rees William Buck welcomes today’s announcement of a 12-month amnesty on payroll tax for general practitioners in South Australia. The Royal Australian College of General Practitioners (RACGP) SA this morning announced that it has secured a 12-month amnesty on payroll tax, effective immediately and...
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How and when your business should access Australia’s safe harbour provisions

By William Buck on 25/08/20 - Mins to read: 5 minutes

If economic uncertainty is impacting your business to the point where you’re unsure if it will continue to be financially viable, you should consider engaging a safe harbour advisor. A safe harbour advisor can assist you to better understand your company’s financial position and serve as a shield to protect...
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Small Business Lodgement Penalty Amnesty: ATOs lifeline to eligible businesses with outstanding tax debts

By William Buck on 25/08/20 - Mins to read: 5 minutes

Small businesses have a one-off amnesty to lodge outstanding tax returns without penalties. The amnesty operates until 31 December 2023 and allows small businesses to lodge outstanding tax returns and business activity statements (BAS) that were due between 1 December 2019 and 28 February 2022, without incurring penalties. The Federal...
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