Business and Finance

The recent surge in bond yields has sent ripples through financial markets, signifying a pivotal shift after four decades of low-interest rates. This development has drawn attention to the implications it holds for businesses.  Let’s break down the basics of bond yields, why they matter, and how they can impact your business.   Understanding bond yields A bond yield is the return an investor can expect to earn from a bond, expressed as a percentage of the bond’s face value. It’s a key indicator of the profitability of bonds, and changes in yields can have significant implications for financial markets.  The...

As the business landscape emerges from the throes of the pandemic, the fragility of supply chains remains.    In today’s interconnected world, supply chains stretch across borders, encompassing suppliers, manufacturers, logistics providers, and customers worldwide. While this complexity offers numerous advantages, it also exposes organisations to a myriad of risks – from natural disasters and geopolitical tensions, to economic fluctuations and unexpected disruptions. It’s a timely reminder for Australian businesses to continually assess the potential risks of supply chain disruptions. In general, when compared to overseas counterparts, Australian supply chains are not only underprepared but underfunded. This leaves these critical networks...

A comprehensive guide on how to prepare for a cyber attack, the signs to look out for, and what to do should an attack occur.

The ATO has introduced two measures to support small businesses: the Small Business Technology Investment boost, and the Small Business Skills and Training Boost. Small business technology investment boost Small businesses with an aggregated annual turnover of less than $50 million will be allowed an additional 20% tax deduction to support their digital operations and digitise their operations. The boost is for business expenses and depreciating assets and is capped at $100,000 of expenditure per income year. You can receive a maximum bonus deduction of $20,000 per income year. The expenditure must: 🔹 already be deductible for your business under...