April 18, 2024
Strategies for Navigating Economic Instability in Your Business

Economic instability is an inevitable challenge, yet your approach to managing it can make all the difference. Maintaining robust communication within your team is crucial to weathering these turbulent times. Given the current volatile economic climate and ongoing political shifts, the business landscape is notably unpredictable. Here are several strategies to effectively lead your team […]

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February 12, 2024
Business Advisory Services: Navigating Strategies for Corporate Growth

In the dynamic landscape of modern commerce, business advisory services have become an essential component for companies aiming to navigate through complex business environments. We offer comprehensive support, drawing from a wealth of expertise to provide tailored advice that addresses the unique challenges and opportunities our clients face. Our services extend beyond traditional financial management […]

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January 15, 2024
Holiday cash flow for your small business

Small businesses often face challenges during this time of year. By taking a proactive approach and planning ahead, you can ensure a financially stress-free holiday season. Reach out to us for assistance and let us help you navigate through this period with ease. Are you planning to take a well-deserved break from your business this […]

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July 12, 2022
What's changing from 1 July 2022

This new financial year, the ATO is rolling out updates to superannuation and trust distributions. Here are the key changes that will commence on 1 July 2022: Increase of the Superannuation Guarantee to 10.5% The Superannuation Guarantee (SG) rate will rise from 10% to 10.5% on 1 July 2022 and will continue to increase by […]

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March 29, 2022
Federal Budget 2022-23

The federal budget was handed down last night and with a federal election expected in May, this is a conservative budget that focuses on improving the skills shortage in Australia. We have summarised below the key announcements from last night’s budget for you. Small businesses Small businesses with a turnover less than $50million will receive […]

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January 4, 2022
New Compulsory Director ID Requirements

Director identification number A new government regime came into effect on 1 November 2021 which will require directors of companies to register for a director identification number (director ID). What is a Director ID? A director ID is a unique a 15-digit identifier you will keep forever. It will help to prevent the use of […]

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January 4, 2022
New employees from 1 November 2021

From 1 November 2021, where no choice is made of a superannuation fund by a new employee, the employer can no longer use their default employer super fund. Instead, there is a requirement that the employer must use the employee’s 'stapled super fund'. A 'stapled super fund' is an existing super account of an employee […]

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Disclaimer: All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Velich Advisory does not represent, warrant or guarantee that the communications on our website are free of errors, virus or interference. Liability limited by a scheme approved under professional standards legislation.
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