Is this really the end of cash?
Since the rise of online banking, ATO crackdowns, eCommerce, and the effects of the COVID-19 pandemic, the future of cash is looking grim. Is cash still king? It’s increasingly uncertain. Let’s unpack the modern story of cash in Australia and investigate its viability and emerging…
NSW business reopening checklist
The moment is upon us! With NSW having surpassed the 70% double vaccination rate, many businesses have conditionally reopened today after months of a grueling lockdown. Better yet, with 80% vaccination rates just around the corner, there’ll be an ushering of even more opening opportunities…
New federal lockdown support for NSW businesses amid Sydney COVID-19 outbreak
Fresh from the most recent round of state support for COVID-19-hit NSW businesses, there’s now an important expansion on the federal employee ‘Disaster Payment’ as well as additional business relief packages. This further extension of funds for employees who have lost work due to the…
Fresh COVID-19 cash flow support for NSW small businesses
With millions of NSW residents under stay-at-home orders and the state holding their collective breaths, it’s buoying to see fresh support offered to small businesses affected by the lockdown. There were two primary business streams of financial grant support announced on Tuesday by NSW Premier…
Australia’s minimum wage increase – how will this affect your small business?
In a move some say was overdue, the federal government is poised to raise the minimum national wage by 2.5% following a review by the Fair Work Commission. What does this mean for your small business and when does this increase kick-in? The Fair Work…
A love letter to my Reckon family from Sam Allert
By Sam Allert, Reckon Group CEO Hearing the echoes of my footsteps reverberate off the mostly empty desks in our Sydney office has been eerie. Back in March, it was necessary to allow all our staff to work from home when the first COVID-19 restrictions…
Business trends emerging from COVID-19
It’s no secret that COVID-19 has had significant impacts on business trends across Australia. Unforeseen shake-ups to how we approach life and do business have emerged in 2020 and will continue to permeate the landscape until the pandemic is officially over. Keeping your eye on…
Did budget 2020 hit the target for Australian businesses?
In September, we surveyed over 1,000 Australian small businesses to gauge the temperature and aspirations of the business community ahead of the 2020 federal budget. Wish lists from small business owners are an important factor in evaluating whether the budget satisfied these hopes. Make no…