Issue 127 June 2017

Sixty-five per cent of employers will give their staff a pay rise of up to 3% in their next review, but 11% will not increase salaries at all. That's according to our 2017 Hays Salary Guide, released this month, which also shows that 19% of employers intend to award a salary increase of between 3 and 6%. Just 5% of...

Many Canberran's that are either retired or getting close to retirement have a large percentage of their net worth tied up in their family home. While the family home is exempt from the capital gains tax, it is a nonincome producing asset and will require a substantial amount of money to maintain each year to protect the capital value. Since...

Venue: Parlour Wine Bar Photography: Tim Benson

Enterprise architecture can often be viewed as bringing order to a highly complex ICT portfolio and is thus unnecessary for small businesses. However, small-scale enterprise architecture can assist any organisation to rationalise investment by making cost-effective, technology-based decisions that support business objectives. The role of enterprise architecture in any organisation is to highlight the strategic direction of the business and...

Venue: Hotel Realm Photography: Tim Benson

In her relatively short tenure as Australian Small Business and Family Enterprise Ombudsman (a descriptor for which even the acronym ASBFEO appears too long), Kate Carnell and her staff have not taken a backward step in inquiring into some controversial economic issues. In her most recent report, Ms Carnell proudly eschews those who would otherwise ignore the proverbial room-bound elephant,...

At first blush, the idea of using your company's accounts payable ledger to generate cash flow is a little "left field". Traditionally, the Accounts Payable function has always been about cost management not revenue and savings, but that has changed with the emergence of what is generically referred to as supply chain finance. Choosing the right supply chain finance will...

Canberra's progressive and open nature is attracting some of the world's best and brightest talent and companies to our city. As I mentioned in last month's B2B Magazine, the Government is seeking to achieve our ambitions to becoming a worldleading city by playing to our strengths, and that includes when attracting and retaining national and global talent to Canberra. Jobs...

You have a thriving business and a diverse customer base. Your sales are on target, yet cash flow is poor. You sell on credit and you are concerned that tightening the credit you give will impact on your customer relationships. The ACT is one of the slowest paying regions in Australia, payment being an average of 19 days late1. An...

The ACT celebrated its centenary just a few short years ago - we are now a young and vibrant 104! While we honoured our city's longevity with a year of events, it is also worth recognising the staying power of many of our local businesses. It is estimated that one in three new small businesses in Australia fail in their...