The national minimum wage will increase to $812.60 per week, or $21.38 per hour, after a decision by the Fair Work Commission exceeds the government’s suggested 5.1% increase. The Commission decided to increase modern award minimum wages by 4.6% subject to a minimum increase for adult award classifications of $40 per week (full-time). The increase […]
Fair Work Commission announces 5.2% national minimum wage increase Read More »
If you’re like many small business owners, you’re probably astounded by how the world has changed in a very short time. While we can all hope that the pandemic is a once-in-our-lifetime scenario, the truth is there is a lot in life and business that is uncertain, and there are many important business lessons to
Three important business lessons to be learned from COVID-19 Read More »
The new financial year has arrived and so has several updates to the tax system and new policies impacting superannuation, healthcare, wages and tax rates. Here’s what you need to know post 1 July 2021. Superannuation payments to increase Working Australians will receive a 0.5% boost to their superannuation fund. Legislation requires superannuation contributions to
Tax changes and updates from 1 July 2021 Read More »
It can be difficult to see the difference between bookkeeping and accounting.
What is the difference between bookkeeping and accounting? Read More »
As the end of the financial year (EOFY) approaches, it is important for businesses to prepare themselves accordingly. This is the time when businesses must reconcile their accounts, file their tax returns and make necessary adjustments to their financial strategies. Proper preparation can help businesses maximise their returns and avoid costly mistakes. Here are some
Top Tips to get you through the End of Financial Year Read More »
Describe your business’ and/or personal journey with Arabon to date? We have a varied business portfolio that includes several Snap Fitness Clubs, investment and rental properties. We first met Michelle and her Arabon team nearly 30 years ago when Michelle handled our personal taxes and then helped us to structure our business profiles. Arabon have
The Success Story of Angie and Nathan Daley Read More »
The world of employment law is constantly evolving and ever-changing. This year alone has seen the compulsory introduction of Single Touch Payroll and a number of very important employment law updates. If you take your eyes off the ball, it’s likely you will miss something and may find yourself and your business in trouble with
Single Touch Payroll and Employment Law Updates 2019 Read More »