The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.
For business, the breach is a timely warning on the importance
of understanding what data is held on your customers (and should you hold it?), how it is secured, how your systems work and the process to
identify gaps and deficiencies, the appropriate actions if and when a breach occurs, and the impact on your relationship to your customer.
This is not something that can be outsourced to IT but a whole of business issue.
Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections:
Systemisation is the backbone of a successful business. It is the process of creating repeatable and efficient workflows that streamline operations, reduce stress, and foster growth. This blog explores why businesses should embrace systemisation, how they can implement it, and what types of businesses stand to benefit the most.
Building on the findings from Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies, this special report presents industry and regional labour productivity data for small businesses.