News Bulletin 13 September 2011

2011 ABB Survey findings on SME financial management

Find out how you compare in Azure Group's 2011 Business Benchmarking Report on how SMEs manage their finances. The survey found that many SMEs are implementing basic financial management practices, however, 50 per cent of SMEs are disappointed with the profitability of their business.

Payroll tax implications for contractors

At present, there is a large focus on the contentious issue of ‘contractors’ both in the area of payroll tax and by the ATO, particularly in industries such as building, call centres and cleaning professions. In this article we outline the distinction between contractors and employees as well as a list of the payroll exemptions.

The art of business financial intelligence

Qld's managing partner Steve Smith discusses what it means to be financially intelligent in your business. Including what steps are involved in being more financially aware and choosing to act rather than react. He also explains why it's important right now for businesses to be focues on what drives profits rather than purely chasing revenue.