Business

Arabon Accountants national minimum wage increase

Fair Work Commission announces 5.2% national minimum wage increase

The national minimum wage will increase to $812.60 per week, or $21.38 per hour, after a decision by the Fair Work Commission exceeds the government’s suggested 5.1% increase. The Commission decided to increase modern award minimum wages by 4.6% subject to a minimum increase for adult award classifications of $40 per week (full-time). The increase …

Fair Work Commission announces 5.2% national minimum wage increase Read More »

Arabon Accountants director penalty notice

Director Penalty Notices: what are they and what happens if you receive one?

While the ATO put most overdue tax collection on hold during the COVID-19 pandemic, it has recently recommenced some debt collection activity. This includes the issuing of Director Penalty Notices (DPN).  This article explores Director Penalty Notices and what happens if you receive one. Directors become personally liable for a penalty equal to the value …

Director Penalty Notices: what are they and what happens if you receive one? Read More »

Arabon Accountants small business grants open soon

Queensland Government round 3 small business grants – updated

The Department of Employment, Small Business and Training administers grants and programs to help Queensland small business continue to recover, grow and thrive by committing grant funds for businesses to increase key capabilities, embrace innovation and assist high-growth businesses to capitalise on opportunities.  Round 3 of the small business basics grants program opens on Wednesday 4 …

Queensland Government round 3 small business grants – updated Read More »

Arabon Accountants Easter 2022 public holidays penalty rates

Easter 2022: understanding all the retail trading rules

With the annual Easter holiday period this weekend, it brings with it a range of public holidays and trading restrictions across Australia.  Each Australian state and territory have different laws that govern public holidays and trading over Easter, so it’s important be informed about the rules and regulations where you do business. This article details the …

Easter 2022: understanding all the retail trading rules Read More »

Arabon Accountants Federal Budget

Australian Federal Budget 2022/23: the wins for small business

The Federal Treasurer Josh Frydenberg handed down the 2022–23 Federal Budget on 29 March 2022. In an economy emerging from the pandemic, the Treasurer confirmed an unemployment rate of 4% and an expected budget deficit of $78 billion for 2022–23.  As international uncertainties add pressure on the cost of living, key measures in the budget …

Australian Federal Budget 2022/23: the wins for small business Read More »

Arabon Accountants Brisbane City Council rate relief

Brisbane City Council’s Flood Relief Rate Rebate

Brisbane residents affected by the February rain event are being offered further support via Brisbane City Council’s rates rebate.  A $250 rebate is available to eligible residents and businesses on their next rates bill. Lord Mayor Adrian Schrinner also announced that every residential rates notice across Brisbane for the April quarter will be postponed by …

Brisbane City Council’s Flood Relief Rate Rebate Read More »

Arabon Accountants Queensland government flood relief and disaster grants

How to apply for Queensland Government flood relief and disaster grants

As devastating rains continue in Queensland and New South Wales, small businesses find themselves facing another crisis and seeking support.  There are several Queensland government flood relief and disaster grants now available to individuals and businesses affected. This article details what is available now, noting some grants are being modified and added as more Local …

How to apply for Queensland Government flood relief and disaster grants Read More »

Arabon Accountants apply for new director ID number

Applications for the new Director ID number open November 2021

Earlier this year, we wrote an article about what you need to know about the new Director ID Number.  A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new …

Applications for the new Director ID number open November 2021 Read More »

Arabon Accountants COVID-19 Disaster Payment

How to access the COVID-19 Disaster Payment Queensland

If you were unable to work during Queensland’s most recent lockdown, you may be eligible to receive the COVID-19 Disaster Payment Queensland.  This is a lump-sum payment for eligible people who lost work and income while the public health order was in place between 31 July and 8 August 2021. Who is eligible to receive …

How to access the COVID-19 Disaster Payment Queensland Read More »