Time to rethink SMSFs’ cash and shares allocations

From financialnewswire.com.au: SMSF investors are encouraged to reevaluate their cash and equities allocations due to declining deposit interest rates and volatility in stock markets.

Cash investments have reached $161.4 billion, accounting for 16% of SMSF assets, while equities have also seen losses, with significant investments in shares totaling $277.6 billion or 27.2% of assets.… read more

WorkSafe Prosecutions and Fines

From pcllawyers.com.au: Occupational health and safety violations carry heavy penalties, with corporations facing potential fines exceeding $1.7 million.

The importance of understanding workplace safety is discussed, the role of deterrence and legal representation, and the impact of WorkSafe investigations.… read more

Why you should automate collections

From creditorwatch.com.au: Businesses face significant cash flow issues due to late payments, prompting 87% to modernise their systems by adopting automated collections.

Automation enhances cash flow by ensuring faster payments, lowering operational costs, providing better insights, reducing disputes, and increasing productivity.… read more

Navigating enterprise bargaining: Tactics and strategies

From www.holdingredlich.com: The 2023 Secure Jobs, Better Pay amendments to the Fair Work Act have increased the incidence of collective bargaining by 27%.

Employers planning to negotiate or remake enterprise agreements should develop a clear strategy, understand stakeholder interests, estimate the cost of union claims, and remain compliant with Fair Work requirements.… read more

Capital with a conscience

From www.claytonutz.com: Investors are increasingly adopting impact investing strategies that intentionally generate positive societal and environmental outcomes alongside financial returns, distinguishing them from traditional and ESG investing approaches.… read more