Author Archive: Brian Phillips

Commercial Construction Boom Coming?

Construction safety blog WhiteCardOnlineExpress.com.au recently reported that a commercial construction boom could be on its way.

ComSec on construction growth:

The articles states:

Although the homebuilding sector is expected to begin slowing in comparison to last year’s boom, property experts expect commercial construction to take its place….

…Property Council has the commercial construction sector tipped to overtake residential construction in its contribution to economic growth this year.
Source: WhiteCardOnlineExpress 

Read the full article here: https://www.whitecardonlineexpress.com.au/industry-news/commercial-construction-boom-anticipated/

 

 

SuperStream – Is Your Business Ready?

The SuperStream Superannuation payment standard must be implemented by SME’s with 19 or fewer employees by no later than 30 June.  The ATO have provided a useful video, which you can watch below if you need to get up to speed:

 

The official ATO webpage about Superstream is here

Xero Accounting Firm in Brisbane NBC have also provided this useful summary of SuperStream on their blog recently:

How to make your transition to SuperStream a breeze

Source: https://www.nbc.com.au/nbc/superstream/ 

6 Cloud Based Systems to Improve Your Business

We recently came across this worthwhile article posted by Xero accountants in Brisbane NBC.com.au which outlines “6 cloud-based systems for a simpler and smarter business”.  The article covers some well-known ones like Xero but also some lesser known interesting sounding ones like “Tasks-in-a-box”.

A quick, well written read, we recommend you check it out here

Source: https://www.nbc.com.au/nbc/6-cloud-based-systems-for-a-simpler-and-smarter-business/

6 Cloud-based Systems for a Simpler and Smarter Business

Importance of Transparency in Judicial Appointments

flagsI recently read an interesting article about the importance of transparency in judicial appointments.

The article highlighted the death of Antonin Scalia, a leading conservative Justice of the US Supreme Court and the fierce debate surrounding his replacement.

Scalia was chosen by Ronald Reagan in 1986 and one of the vital powers of the US President is deciding on a judge for the court.

The situation is different in Australia, but transparency is the key element that should be common in both countries. Read more about the debate at http://www.bendigoadvertiser.com.au/story/3829282/transparency-vital-in-judicial-appointments/

Has Tony Abbott’s Last Budget’s Promised Economic Boost Failed?

tony abbottThe main promise made by Tony Abbott’s final budget seems to have failed.

The small business package which was so central to Abbott’s final budget does not seem to have delivered the promised boost to the nation’s economy.

The package, dubbed “Tony’s Tradies package” was set to cost the budget $5.5 billion over 4 years. The aim of which was to provide a platform for the Abbott government’s re-election plans.

The package included a reduction in small business tax by 1.5 per cent and allowed firms with revenue under $2 million to claim an unlimited number of tax deductions for things under $20,000 each.

Read more: http://www.smh.com.au/federal-politics/political-news/centrepiece-of-tony-abbotts-last-budget-fails-to-deliver-promised-economic-turboboost-20160311-gngnk6.html#ixzz43I9iP117 

Is it Possible to Make Performance Management Work for Your Organisation?

perf mangWith a lot of calls to have formal performance reviews terminated, a lot of employers are asking, is it possible to make performance management work for your business?

While some people say reviews should be replaced by on-going staff discussions, Performance management expert, Dallas Burgess, believes formal performance reviews can still be a viable option.

Burgess is endorsed by the Psychology Board of Australia to practice in organisational psychology and has helped a number of organisations optimise their performance management and help meet strategic delivery objectives.

He highlights that management’s core function has always been to regularly talk to employees about their performance, however this isn’t enough to ensure the company’s goals are met. Find out what he says is necessary at: http://www.hcamag.com/features/making-performance-management-work-for-your-organisation-212871.aspx

Legal Battle Ahead for New Senate Voting Laws

sen Bob DaySenator Bob Day is expected to lodge a legal challenge against the Federal Government’s new Senate voting laws in the High Court soon.

The Family First Senator will appeal against the Coalition sponsored bill which makes it harder for minor parties to get elected. The bill passed both houses last week after marathon-long sittings.

With the passing of the new legislation, voters who give a limited number of preferences will have their ballot discarded if their chosen candidates are excluded from the race.

Prime Minister Malcolm Turnbull believed the legislation “good for democracy”. Read more here.

 

Motivating and Managing a Successful Team

motivation-300x199

Whether you look at motivating a team as an art or a science, you can agree that building, managing and motivating a great team are vital to the success of your business. A post on Entrepreneur.com claims its a bit of both.

As the writer points out all the hard work you put in is worth virtually nothing if you don’t have a quality team behind it, enforcing your plans, bringing your vision to fruition.

The article draws on research from numerous studies and provides 10 insights that you may find useful,

  1. Team building exercises can be successful.
  2. Some team building activities are better than others. The best ones make employees feel valued. Volunteering, physical activities, shared meals, field trips and professional development activities are best.
  3. To build great teams, you need non-work communication at times.
  4. Even star performers are often dependent on their team
  5. Remote teams can outperform local teams.

Find out more at: http://www.entrepreneur.com/article/234475