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Hornsby Accountants, Tax Agents, Business Advice and Consultants
We provide exceptional service in a timely and efficient manner.
Our firm is located in Hornsby in Sydney but we have clients all throughout Australia.
We are large enough to offer the full range of accounting and taxation solutions, yet small enough to offer a friendly, hassle-free, tailored service.
Hornsby Based Accountants, Business Tax Agents and Consultants
Australia grapples with productivity woesAustralia faces a significant productivity challenge, with a 2% quarter-on-quarter decline in productivity reported for the June 2023 quarter according to the Productivity Commission. This decrease, added to a 1.2% decrease in 2021-22, is because the increase in hours worked surpassed the growth in output. Hours worked increased 2.4% for the whole economy but the rise in output was only 0.4%, resulting in negative labour productivity growth. Tags: #Hornsby tax#Hornsby business#Hornsby Accountant Posted: Oct 2023 |
Australia faces talent drought in key industriesThe latest Skills Priority List (SPL) has revealed a talent shortage in 36% of assessed professions. Compiled annually by Jobs and Skills Australia, the SPL shows that the most affected sectors are technicians and trade workers, along with professional roles in engineering, health, ICT and science. Shortages are particularly bad in regional and remote areas. Tags: #Hornsby tax#Hornsby business#Hornsby Accountant Posted: Oct 2023 |
Debt-stricken businesses risk damage to credit scoreBusinesses in debt with the Australian Tax Office (ATO) could be damaging their credit score. This was announced by the ATO as the organisation is about to notify credit bureaus of the debt of more than 9,000 businesses. The ATO says that as of July 2023 it has issued notices of intent to disclose business tax debts to more than 22,000 businesses with a tax debt of at least $100,000 that is overdue by more than 90 days. Tags: #Hornsby tax#Hornsby business#Hornsby Accountant Posted: Oct 2023 |
Shifting job market may be helping small businessesAre you finding it easier to find staff for your small business? You may not be alone. According to recent data from the Australian Bureau of Statistics (ABS), the job market has seen a notable shift. In August 2023, there were 390,000 job vacancies, a decrease of 38,000 from May 2023. The demand for workers eased for the fifth consecutive quarter, coinciding with a rise in the unemployment rate. However, the labour market remains tighter than pre-pandemic levels, with vacancies still 72% higher than February 2020. Tags: #Hornsby tax#Hornsby business#Hornsby Accountant Posted: Oct 2023 |