Client Area

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.

Australian economy grows ‘a little but not a lot’

Australia’s economy grew by 0.2 per cent in the December quarter, the smallest increase in more than a year but one that nonetheless pushed the nation to nine successive quarters of growth.

Almost 1 million Australians are working at least two jobs as cost-of-living pressures bite

Almost 1 million Australians are working at least two jobs as many workers struggle to meet cost-of-living pressures amid rising underemployment. The latest figures from the Australian Bureau of Statistics released on Friday show 970,700 people held multiple jobs in December 2023, up from 957,100 three months earlier.

Stronger ASEAN business engagement critical to Australia’s future economic prosperity

The Business Council is calling for a greater level of investment and collaboration between Southeast Asian countries, to boost economic growth, as regional business leaders meet in Melbourne to take part in ASEAN.

Cost of living and digital economy shape 2024-25 compliance and enforcement priorities

Consumer and competition issues in the supermarket sector and essential services including electricity and financial services are among the ACCC’s compliance and enforcement priorities for the year ahead, ACCC Chair Gina Cass-Gottlieb announced.

Australia’s LNG shipments slump for the first time in years

An eight-year growth streak for Australian liquefied gas exports that turned the nation into one of the world’s biggest shippers of the fossil fuel has come to an end as production fell last year for the first time since 2015.

Australian bank closes 45 branches to become digital only

Bankwest will become a digital-only bank, closing 45 branches in Western Australia and transitioning 15 to Commonwealth Bank of Australia (CBA) branches.

‘Force you’: ATO’s warning on business debts

After three years of “lenient payment terms”, the ATO is back to collecting an estimated $50 billion of outstanding tax debts.

GDP growth slightly below RBA’s forecast

The Australian economy has grown just shy of the central bank’s predictions, ABS data has revealed. Australian gross domestic product (GDP) rose by 0.2 per cent during the December quarter (seasonally adjusted, chain volume measure) according to the latest Australian National Accounts data released by the Australian Bureau of Statistics (ABS).

Get in touch

Contact us if you have any questions or want to discuss the next steps for your business.

Related Post

member-img
Posted by Strategic Wealth Management 27 Feb 2024

Business Update – 28 February 2024

Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. Employer audits to surge, ATO warns The ATO has warned …

Read More… from Business Update – 28 February 2024

Read More
member-img
Posted by Strategic Wealth Management 24 Jan 2024

Land Tax Changes

Land tax: Changes to the principal place of residence exemption From 1 February 2024, persons who purchase and occupy a property but own less than 25% interest (either solely or …

Read More… from Land Tax Changes

Read More
member-img
Posted by Strategic Wealth Management 16 Jan 2024

Business Update – 17 January 2024

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. High chance’ of RBA achieving its goals in 2024: …

Read More… from Business Update – 17 January 2024

Read More
member-img
Posted by Strategic Wealth Management 11 Dec 2023

Managing work-life balance as a small business owner

As a small business owner, it can be incredibly difficult to maintain a healthy work-life balance. The obligations and responsibilities of running your own business often take priority over any …

Read More… from Managing work-life balance as a small business owner

Read More
member-img
Posted by Strategic Wealth Management 10 Dec 2023

Business Update – 11 December 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Jim Chalmers welcomes OECD prediction RBA has reached interest …

Read More… from Business Update – 11 December 2023

Read More
member-img
Posted by Strategic Wealth Management 04 Dec 2023

Make life easier with AI

AI (Artificial intelligence) has been both a huge disrupter and enabler for businesses of all shapes and sizes. (AI) is no longer just a pipe dream of science-fiction. It has …

Read More… from Make life easier with AI

Read More
member-img
Posted by Strategic Wealth Management 30 Nov 2023

Business Update – 30 November 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. How much Aussies plan to spend on Christmas presents …

Read More… from Business Update – 30 November 2023

Read More
member-img
Posted by Strategic Wealth Management 07 Nov 2023

Multifactor Authentication (MFA) email Scam

We’re seeing an increase in reports about an email scam impersonating the ATO. Scammers are emailing clients advising them that due to ATO security updates, they are required to update …

Read More… from Multifactor Authentication (MFA) email Scam

Read More
member-img
Posted by Strategic Wealth Management 06 Nov 2023

Budgeting and cash flow forecasting: key to your business success

In the unpredictable world of business, finding a little certainty can make all the difference. While the future remains a mystery, tools such as budgeting and cash flow forecasting can …

Read More… from Budgeting and cash flow forecasting: key to your business success

Read More
member-img
Posted by Strategic Wealth Management 01 Nov 2023

Business Update – 1 November 2023

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia’s SMEs outshine global peers in latest Xero report …

Read More… from Business Update – 1 November 2023

Read More

Contact Us

Our office is located in Hurstville. Parking is available under our building. We are a short 750m walk from Hurstville train station.

Postal address: PO Box 497 Hurstville BC, NSW 1481