Category: Business

The Fair Work Commission has announced a 3.5% increase to the National Minimum Wage and minimum award wages. The increase applies from the first full pay period starting on or after 1 July 2025. For more details click here Increase to superannuation guarantee From 1 July 2025, the superannuation (super) guarantee increases to 12%. Learn…

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✅ 1. Reconcile Your Accounts Ensure all bank accounts, receivables, and payables are up to date and match your records. Write off any bad debts before 30 June to claim a deduction. ✅ 2. Instant Asset Write-Off For businesses with turnover under $10 million: You can immediately deduct assets costing less than $20,000 (excl. GST). Assets must be installed and ready for use by 30 June…

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