$900Billion Lost Market Cap in 2 Months! The Meteoric Rise and Sudden Fall of Nvidia’s Stock Value: A Closer Look
(Photo Credit: NVIDIA Newsroom) So it seems like it’s too bad for anyone who got excited and invested in the rising stocks of Nvidia in early July! Few stories have captured the attention of investors and industry experts quite like the recent fluctuations in the tech chip-maker Nvidia’s stock value. As a leading player in […]
Albanese Government Warns of Malicious myGov Scammers Targeting Businesses
In recent years, scammers have become increasingly sophisticated in their tactics, particularly when it comes to impersonating government entities like myGov and the Australian Taxation Office (ATO). These malicious actors are constantly finding new ways to exploit unsuspecting victims, and businesses are not immune to their schemes. The Australian government
Australian Company Failures Surge to 11-Year High, ASIC Data Reveals
In a stark wake-up call for Australian businesses, the latest insolvency data from the Australian Securities and Investments Commission (ASIC) paints a grim picture of the corporate landscape. With a staggering 36.2% increase to 7,742 companies entering external administration from 1 July 2023 to 31 March 2024, it’s clear that the aftershocks of the pan
How the 2024 Federal Government Budget Affects Businesses Across Australia
In the latest Federal Budget, the Albanese Government has introduced several measures aimed at supporting small and medium-sized businesses, encouraging foreign investment, and improving compliance. As a business owner, it’s important that you understand how these changes may affect your operations and financial planning. Let’s discuss the key announc
How Interest Rate Changes Could Impact the Property Market
The Australian property market has shown remarkable resilience so far in 2024, with auction clearance rates rebounding strongly in January and February after a weak end to 2023. This revival in buyer activity has coincided with growing optimism that interest rate rises may occur slower than previously anticipated. But with the outlook for rates still […]
Business Accounting Services – Varsity Lakes: 50 Years Experience!
Running a business takes dedication, but the rewards make it all worthwhile. With strong partners guiding your finance and accounting, you can focus on your vision and watch your company thrive for decades to come. One of the most critical areas that small business owners need support in is accounting and finance. Proper financial reporting, […]
Customer Service: A Cost or Brand Loyalty Builder?
“Customer service is a choice. It’s either part of your strategy or you’re paying for your mistake,” writes marketing expert Seth Godin in his blog post “Customer Service is a Choice”. This succinct statement cuts to the heart of a key decision facing many businesses today. Do you invest in customer service as a core part [&hell
Mid Financial Year Check-Point: A Crucial Time for Business Owners
The end of the calendar year marks the halfway point for most businesses’ financial year. With the first two quarters of 2024 set to fly by, now is the ideal time for business owners to schedule a financial check-in for January. In this mid-year assessment, we’ll present a valuable opportunity to evaluate your business’s position, […]
2024 Financial Forecast: Preparing Your Small Business for the New Year
The new year brings both opportunities and challenges from a financial perspective for small business owners. With proper planning and preparation, 2024 can be a year of stability and growth despite broader economic uncertainties. In this article, we’ll provide predictions around cash flow, housing markets, global finance, and other factors that may impact sm
New Year, New Goals: Setting Achievable Objectives for Your Small Business
The start of a new year presents the perfect opportunity to set fresh goals for your small business. After time off over the holidays, business owners tend to return renewed, revived, and ready to make things happen. However, setting unrealistic goals that never materialise can quickly deflate that motivational surge. In this article, we’ll explore […]