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RSM Bird Cameron's 10 options for government agencies to sustainably reduce costs while generating new value for their citizens for the long term. The impact of the Global Financial Crisis (mark I & II), have left most western governments with substantial budget deficits. Most experts agree (and as time goes on they are being proven right), that this economic downturn...

Congratulations. Six months ago you joined the Social Media Revolution after procrastinating for a long time. You realised that if you didn't get started, your business would suffer considerably and you'd be left behind. So, for the past six months you've been busily posting, tweeting, and generally engaging on social media platforms. It's taken you time and effort. And right...

This past December over 125 students at Trinity College in Goulburn received new Lenovo laptop packages provided by OPC for their inaugural 1-to-1 learning program. 1-to-1 learning programs are school based programs designed to enhance learning opportunities and assist students to learn, live and work in the new digital era - 'anywhere, anytime.' There has been a global move towards...

The title of this article is the reaction I often get, both from people living in Canberra, and those from other States. This perception is very wrong; in fact Canberra does have a dynamic and vibrant export community. The firms here are innovative, diverse and substantial firms building business overseas. Much of the exports from this Greater Capital region are...

There is a Greek proverb that says: "A society grows great when old men plant trees whose shade they know they shall never sit in'. The National Arboretum Canberra, which was officially opened on 1 February 2013 - at the commencement of Canberra's Centenary Year - this year, exemplifies that saying. It is a credit to the men and women...

Effective from 1 January 2013, a number of changes were made to the Fair Work Act 2009. Most, but not all, of these amendments followed recommendations made by the Fair Work Act Review panel, a three-person committee established by the Government in 2011. The Fair Work Act Review panel submitted a report last year containing 53 recommendations for changes to...

Yes. That is the sound of a collective sigh of relief that can be heard around this time of year for many newly separated families. They have just navigated through the December/January school holiday period and of course the Christmas season. This means that short term issues have needed to be resolved for the first time such as - how...

When looking at the ACT economy it's easy to think that our future growth lies in being a centre for governance and policy for the Australian economy. Although the Territory's businesses will, of course, continue to have a significant role in services provided to the federal government - it's important we lift our eyes over the horizon. For it's not...

Bendigo Community Bank will put back 80% or more of it's profits into community services, groups, charities and events - profits derived directly from the level of funds in bank accounts with the Community Bank. So why doesn't Government, and every government agency, invest some of their funds on term deposit with Canberra's Community Bank Branches of Bendigo Bank? Understandably...

When you are selling your business, the more sets of financial statements your business has prepared by an accountant, the better. It will help demonstrate how strong your business has traded and if there have been difficult years - providing you can explain it and how the difficult years were addressed, buyers will be confident your business is profitable and...

The purpose of performance management is to improve performance. It is an ongoing process. It includes informal and formal discussions. Following on from our last column about staff retention, the performance review is a great opportunity for a team member and their manager to "get on the same page". Our Business Manager, Linda, has retained some wise words from a...

The law is full of unusual cases. Here is a recent case that went all the way to the High Court. The Husband and Wife had been married since 1971. They both had children from previous marriages. Their wills left their respective estates to the children from their first marriages. However, the house they lived in was in the name...

As the volume of information flowing through businesses increases approximately 50% a year*, there's no doubt controlling the costs of managing business critical documents is an increasingly formidable challenge. Yet one of the findings in a recent IDC survey of C-level and IT management showed that many of these executives assumed that their existing document management costs and consequences were...

A recent report out of Canada is again highlighting the importance of good governance of organisations by highlighting the connection between better corporate boards and financial results. At the Australian Institute of Company Directors, we have long argued the importance of good governance and that diversity in the boardroom is critically important in achieving good governance. Most recently, there has...

"Going concern" status is always highly desirable to both buyer and seller in a sale of business - because buying or selling anything commercial with no GST sounds great! However it is easy to forget that GST in a sale between two registered entities is a tax neutral outcome, because the purchaser pays 10% GST and gets it back from...

Small to medium sized businesses are finding ways to streamline their business operations by moving away from traditional on-site servers to internet based servers, a process known as 'cloud computing.' Cloud computing refers to the storage of information, applications and other business tools online. The hardware used for this information is stored in a remote location and managed by a...