The world of work as we once knew it is over. Stimulated by the pandemic, the workplace - and what we want from it - has changed entirely. The last two years have been a period of deep reflection; employees who once differentiated businesses based on their payslip and perks like a ping pong table now demand flexibility, meaning, and a firm that values their time. According to a recent report by LifeWorks, 60% of Australians say flexible work is more important than career progression. This shift in employee behaviours has created an urgent need for firms to reevaluate their value proposition to ensure they can retain quality staff.
Following the escalating conflict between Ukraine and Russia, the Australian Cyber Security Centre (ACSC) has warned Australian businesses to “urgently adopt an enhanced cyber-security posture” to protect themselves against targeted Russian cybercriminal activity. Given the distance between our two countries, cyber attacks are the most effective way that Russia can punish Australia for supporting Ukraine. As a result, Australian businesses are currently at a very real risk of disruption or malicious activities from Russian cyber criminals.
Did you know that 1 in 4 Australian residents were born overseas? 46% have at least one parent born overseas. We’re a proudly multicultural nation made up of over 270 ancestries. As businesses many of us enjoy the benefits of a rich fabric of diversity across our teams. Diverse teams foster unique perspectives, arrays of skills, and broad insight into tasks. In fact, when social cohesion is grounded into the culture of an organisation studies demonstrate that they are three times more likely to be high performing, eight times more likely to have better overall performance, and are twice as likely to exceed financial targets.
Be it seeking investors, or cultivating a wider customer base, building trust through clear communication leads to more growth opportunities and higher conversion rates. In a highly connected and progressively world, the ability to communicate in multiple languages, with cultural context, is important for entrepreneurs and startups looking to grow their business.
The talk of the town is the skyrocketing price of fuel. Every day people and businesses alike are both feeling the pinch. Online businesses, are being hit hard, because their business model is based on deliveries and with fuel prices going up and affecting all aspects of their supply chain, online businesses have to strategise to navigate their way through this challenge.
Homebuyers need to be more vigilant than ever as real estate agents and sellers work harder to sell properties for maximum dollar in 2022. Despite inflationary pressures properties will still achieve good gains in some areas as long as their fundamentals are sound. Good properties that are well located with solid features will continue to do well however properties that carry inherent issues such as the wrong aspect, bad outlook, busy street or building issues will find it harder to sell in the 2022 market. Real estate agents will turn to clever little dirty tricks to try and hide concerning problems so as to offload properties.
Having the right accountant is more than just about making sure that your books are balanced or that your taxes are handled at the end of the financial year. Having the right accountant could mean establishing a business relationship for life. This is why it’s important to recognise that if your current accountant is not meeting your needs, it might be time for a change—and the process is much easier than you might think.
During the pandemic, online shopping and social media interaction increased by over 400%. This has created the perfect environment for tech-savvy scammers. Regardless of whether you are engaging online via a retailer’s website or mobile app, there are five security features that every website and app must include to safeguard the business and users.
The past few years have been tough on businesses, having to navigate through an ever-changing landscape of imposed rules and restrictions and adapt to stay competitive in an ambiguous market. Every business had to manage an abrupt shift to remote working and evolve to meet employee expectations, all while experiencing extreme labour shortages (especially in IT and security), and an alarming uptick in cybercriminal activity.
Australia’s recent budget ushers in the nation’s ‘biggest ever’ cybersecurity spend, with $10bn pledged to see electronic spy agency Australian Signals Directory (ASD) double in size and ramp up its ability to launch offensive cyber operations. That’s great news for the IT industry, but the expansion is also likely to usher in a huge demand for cybersecurity jobs.