Reading Time: 2 minutes Cloud-based HR automation platform Employment Hero has added AirTree Ventures to team of Series A investors, bringing its total funding to $4.5 million. The Series A round was already over-subscribed after the freemium Service attracted $3 million from OneVentures and AMP New Ventures in June to finance growth, including an expansion into the UK market. The additional […]
Reading Time: 2 minutes Businesses with 19 or fewer employees have less than two weeks to transition to SuperStream – the new, mandatory electronic standard for paying superannuation contributions. “The Australian Taxation Office (ATO) is pleased that more than 75 per cent of small businesses are already SuperStream compliant however, there is still a way to go to ensure […]
Reading Time: 3 minutes What if we could start putting superannuation to better use? The internet has changed the way we view and treat money. Paypal pioneered the idea of sharing money online, while services like ApplePay allow consumers to ditch their wallets for good. Yet when it comes to superannuation, we may be leaving some benefits on the table. […]
Reading Time: < 1 minute More than 450,000 small businesses have become SuperStream compliant ahead of the 30 June deadline. If your businesses will struggle to adopt the new payment standard in time, don’t worry: the ATO has announced it is extending the deadline by four months. Deputy Commissioner James O’Halloran said small businesses that need extra time to become SuperStream compliant will […]
Reading Time: 2 minutes There are always changes and developments occurring in the business sector going overlooked by many. As the CEO of a commercial credit bureau I know all too well the repercussions for businesses being unaware, whether that be unaware of changes to certain services or movements in wide-reaching legislations. One such change that I’m constantly surprised […]
Reading Time: 3 minutes Every business is a boat on the economic seas. Although bigger boats have a better chance of riding out storms, the small ones can have just as much of a chance if navigation is mapped out with care. It isn’t always smooth sailing, that’s the risk you take when you cast off, but keeping the […]
Reading Time: < 1 minute The Australian Taxation Office is ramping up its response to rogue phoenix operators who exploit seasonal workers, and pocket their superannuation entitlements. The ATO has so far managed to recover around $8 million in worker’s superannuation entitlements from the operators of labour-hire companies in South Australia and Victoria who have engaged in phoenix behaviour. The […]