Recent Insights.
14 August 2023
G in ESG – Governance: Building Strong Foundations for Business SuccessÂ
Environmental, Social, and Governance (ESG) considerations have become increasingly crucial in business as investors and stakeholders demand greater accountability and sustainability. As our ESG series of articles continues to delve into ESG and its components, aiming to help businesses understand their significance in 2023 and beyond, in this article, we explore the “G” in ESG – Governance.  What is Governance? Governance is a critical component of ESG and the foundation of a well-functioning and sustainable organisation. It encompasses the policies, processes, and structures that underpin effective business management, including decision-making, policymaking, and the rights and responsibilities among different participants in...
24 July 2023
Exploring the S in ESG: The Increasing Significance of Social Factors in Business and Investment
In recent years, ESG has gained significant footing in business and is becoming crucial to sustainable investment strategies and decision-making in the future. While the primary focus has been on environmental and governance, the importance of social factors in ESG is growing. So, let’s delve into the “S” in ESG, why it’s important, and how you can integrate social factors into your investment, operations, and decision-making processes. In case you need a refresher or are new to ESG, check out our post on ESG: What it is & why it should matter to your business. What is the S in...
24 July 2023
Protecting Your Business from Insolvent Customers: The Personal Property Securities Act (PPSA)
In the first half of 2023, Australian insolvency numbers hit a seven-year high, so why aren’t businesses doing whatever it takes to minimise the impact of insolvency? The Personal Property Securities Act (PPSA) was introduced in 2012 to do just that – it helps protect Australian Businesses by minimising the impact of insolvency. Yet few businesses in Australia are taking advantage of this beneficial legislation. So why aren’t more businesses complying with the PPSA? And if you’re not complying, why not? It can’t be the cost; you’ll probably spend more on coffee each year. It is more likely a lack...
14 July 2023
Emerging Markets to Watch in the New Financial Year
The Australian investment landscape is no stranger to change, innovation, and growth. As the Australian economy continues to mature, it has the unique advantage of observing, influencing, and being part of various emerging markets. From digital technologies and health tech to agriculture and renewable energy, the horizon of local emerging markets is as vast as our Australian continent itself. While certain emerging markets can involve some risk due to commonly being a new market, or seeing large fluctuations due to the recent global health events, with enough research and understanding there is a big potential for investors and new business...
19 June 2023
Understanding the E in ESG: Environmental Considerations for Your Business
In today’s rapidly changing business landscape, environmental sustainability has become a key consideration for companies worldwide. As investors and stakeholders increasingly prioritise environmental impact, understanding the “E” in ESG (Environmental, Social, and Governance) is crucial for businesses looking to thrive in the long term. Let’s explore the significance of the “E” in ESG, why it should matter to your business, and how you can integrate environmental considerations into your operations and decision-making processes. What is ESG?  Firstly, let’s recap what ESG is. ESG refers to the three central pillars of sustainable investing: environmental, social, and governance. These pillars are non-financial...
22 May 2023
What is Working Capital? And How Can Working Capital Finance Benefit Your Business?
You may be familiar with the term ‘working capital,’ but what does it really mean, and how can it impact your business’s financial stability? In brief, ‘working capital’ is a financial metric that reflects a company’s operational efficiency and short-term financial health. Sufficient working capital is crucial for any business to maintain operations and grow revenue. However, not every business has the necessary funds available to cover these costs at any point in time – and that’s where working capital finance can prove an effective solution. Let’s delve into the intricacies of working capital and explore the potential benefits and...
21 May 2023
WA State Budget Summary: The Key Takeaways for Businesses
The announcement of the 2023-24 WA State Budget has confirmed that the WA economy remains strong and resilient whilst highlighting the risks ahead due to the challenges associated with interest rates and the global economy.  We delve into the key takeaways from the Western Australian State Budget – and what these mean for local businesses. WA State Budget Breakdown WA economic forecast WA’s economy is expected to grow by 4.25% in 2022-23. If achieved, it will be the strongest growth rate since 2013-14. Growth is forecast to decrease in the coming years, reaching 1.5% at the end of the...
15 May 2023
Australian Federal Budget 2023-24 Recap for Business Owners
Now that the ink has dried on last week’s Australian Federal Budget, which was largely focused on alleviating cost-of-living pressures across the nation, we can evaluate what this means for businesses. Here is a summary of the key the Federal Budget announcements impacting business owners. Australian Federal Budget Summary for Business Owners: Small Business Instant Asset Write Off: $20,000 threshold for 2023–2024 Temporary Full Expensing will end on 30 June 2023. From 1 July 2023 to 30 June 2024, the Government will temporarily increase the instant asset write-off threshold to $20,000 for small businesses with an aggregated turnover of less...
1 May 2023