Workplace burnout was already a serious issue for many Australians before the pandemic. Today, the problem is even more widespread and has a major impact on our mental and physical well-being. Because money issues and mental well-being are closely correlated, burnout can also threaten your financial stability. We explore how our mental health and finances […]
In Australia, the persistent gender pay gap presents a stark delineation in economic equity, with the 27th of February 2024 WGEA findings revealing women earn 19% less than men. This difference, which translates to an average shortfall of $18,461 in annual earnings for women, reflects disparities that permeate both public and private sectors – a […]
In the ever-changing world of running a business, being a great leader is really important. Think of leadership like the GPS that helps a company reach its goals. But here’s the thing: being a good leader can be tough, especially when money is tight. However, you can still succeed by using your money wisely. Today, […]
With more consumers flocking toward green businesses, an increasing number of companies have adjusted their operations. As a result, the number of sustainable organizations increased significantly, and for good reason. After all, corporate sustainability management leads to more profitable companies. Organizations have tried different approaches that contribute to a greener environment. Others adjust their transportation […]
Each year, the Australian Securities and Investment Commission (ASIC) publishes its insolvency report. For 2019-2020, the top cause of business failure was inadequate cash flow or high cash use in 51% of cases. 85% of failed companies had estimated assets of $100,000 or less, and 38% had estimated liabilities of $250,000 or less. The adage […]
Leaders and managers are some of the busiest people on the planet. Between managing teams, developing people, overseeing projects, holding meetings, and more—sometimes it can get overwhelming to keep track of your nonstop schedule. Fortunately, we live in a time when there seems to be an app for just about everything. And if you’re like […]
As a business owner or company finance manager, you have a lot of work to do. Keeping the company afloat, profitable, and thriving is on your to-do list every day, and without any proper direction, you might be heading backward. We all see far too many companies fold as a result of poor financial […]