The Fair Work Commission has increased the high income threshold for unfair dismissals from $136,700 to $138,900 per annum, with effect from 1 July 2016. Under the Fair Work Act 2009, employees who exceed earnings above the high income threshold are not entitled to make an unfair dismissal claim against their employer, unless they are […]

Self-managed super funds (SMSFs) that are not well diversified are quite risky investments since they aren’t as protected as they could be against shocks and volatility in the market. Diversification aims to maximise an individual’s return by investing in different asset classes that react differently to the same event. Although it does not guarantee avoiding […]

Quite often, being too slow to name bullying behaviours that pose health and safety risks in the workplace can cost businesses millions of dollars each year through lost productivity. Workplace bullying is repeated unreasonable behaviour directed towards a staff member or a group of workers that puts their health and safety at risk. Instances of […]

Having an optimised LinkedIn profile is key to gaining maximum online visibility and revenue through the professional social network. LinkedIn has over 97 million monthly active users around the world, so businesses need to start paying some attention to creating a decent profile if they want to stand out. Those with a complete profile are […]

Quite often, an employee’s level of satisfaction can be traced back to his or her leaders. Indeed, research shows that only 49 per cent of employees trust their senior managers. As all leaders should know, trust goes hand in hand with credibility. Credibility is something that all leaders must aspire to obtain, as it positions […]

Maintaining healthy cash flow can be challenging; between ongoing expenses and bills, poor cash flow can severely impact your customers, staff and bottom line. Business owners need to understand the differences between short and long-term financing when developing a cash flow strategy. There are various sources of finance available and each source of finance is […]

Knowing how to negotiate with customers is imperative to a business’s success. Salespeople need to be able to understand what the customer wants, set objectives, negotiate a higher price and also close the deal smoothly. The following techniques are designed to help businesses and buyers come to a mutually beneficial conclusion. State your purposeIt is […]

While intellectual property can be a valuable business asset for business owners, it must be legally protected if a business owner wants to increase the value of their business. Intellectual property can add further value to a business when it is sold. Intellectual property is the collection of ideas and creations of your mind or […]

Blogging is one of the best online marketing practices businesses can use to improve their brand – but only if they do it right. Giving out free information reels in consumers, which is why blogging is one of the best ways businesses can market their brand. A blog provides businesses with a way of bombarding […]

Individuals can minimise capital gains tax (CGT) when selling an investment property where proceeds are contributed to superannuation. Those who sell their property can contribute up to $500,000 as a non-concessional contribution into their superannuation, which means that no tax will be payable. Non-concessional contributions, or after-tax super contributions, are super contributions for which an […]