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Introduction

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The month of May typically heralds a federal budget. What’s in store for businesses this year as COVID persistently and irritatingly continues to affect us with ongoing lockdowns and restrictions?
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Economic update

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The federal budget is around the corner, our debt blowout is mind-boggling, the vaccine roll-out is stumbling and interest rates remain stubbornly low.
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Prof. Neville Norman, Melbourne University

How’s your succession plan going?

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If you’re considering retiring in the next few years, do you intend to pass your business on to the next generation? If so, now’s the time to start the process, advises Greg Griffith, CEO of Family Business Australia.
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Greg Griffith, Family Business Australia

Easing the pain of post-JobKeeper layoffs

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Many small businesses have managed to stay afloat thanks to the government’s JobKeeper program. But as JobKeeper is withdrawn, serious cost-cutting may be needed to keep the doors open, and that might include the grim task of laying off staff.
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Athena Koelmeyer, Workplace Law

Are you breadcrumbing staff?

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Promising your employees bonuses or promotions, but never following through, is known as “breadcrumbing”.
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Karen Gately, Corporate Dojo

Divorce: when personal and business life collides

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Divorce is stressful enough but add the additional element of a family business to the mix and the complications can be hugely magnified – especially when an amicable arrangement can’t be reached by the warring couple.
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Kim Hanrick, Mazars

Investing in today’s stock market

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How are you supposed to make money from your savings in this low interest rate environment? That’s a question many investors have been asking themselves when they look at the measly returns they get from term deposits or money in the bank.
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Greg Keady, APW Partners

Don’t pigeonhole your customers

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The labels marketers use to describe consumers are no longer fit for purpose. So says customer engagement expert Michael Solomon, whose new book, ‘The New Chameleons’, outlines how consumers defy the categories in which businesses like to place them.
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Michael Solomon

Closing comments / quote of the month

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Our quote of the month is from renowned US author Jim Collins, who wrote “Good to Great: why some companies make the leap – and others don’t”. Jim famously said...
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