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Posted on Jan 16, 2017

You’re back at your desk … what now for 2017?  Any thoughts about your personal profile?

You’re back at your desk … what now for 2017? Any thoughts about your personal profile?

You’re back at your desk. It’s the start of a new work year. What will 2017 bring?

What are your aspirations?  Will you get that promotion?  Will you be considered for partnership in your firm? How about that board position you’ve been coveting? Will you be included on the next government roundtable? The next media organisation roundtable?

But there’s probably one thing you haven’t thought about.

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Posted on Aug 11, 2016

Where social licence had its beginnings, and how the McHugh report changes everything

Social licence is a hot topic right now. Malcolm Turnbull this week warns banks that they operate with a social licence for the people. This follows the banks’ refusal to pass on the full rate cut.

Also this week, we have seen the Baird Government’s greyhound ban legislation pass in the upper house. It will be enacted later this month – all on the back of the industry’s inability to meet its social licence obligations.

You see, in this instance, the community just doesn’t accept animal cruelty, or greyhound killings or ‘wastage’ (a much more palatable term), or live-baiting.

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Posted on Jul 10, 2016

Fraud is on the rise so don’t be complacent, KPMG

If you think we live in a country relatively free from the fraud and corruption that plagues many parts of the world, a new KPMG survey might shake you up a little. Our six-monthly Fraud Barometer* shows a large rise in number, and especially the value of frauds being committed in Australia.

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Posted on Jun 26, 2016

Australia’s healthcare sector moving to portable funding models

The health care sector in Australia is increasingly moving towards portable funding models currently being used in other parts of the world.

Research from these countries suggests that consumers will likely see a greater continuity of care, and will have greater control over where their funding is directed.

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Posted on Jun 19, 2016

Withholding the truth – the secrets of the foreign resident CGT withholding regime

We’re sure you’re tired of reading about the rapidly approaching commencement of the foreign resident CGT withholding regime. But there are some facts and issues we thought you should know about.

While the new regime has its heart in the right place, the breadth of its application will result in compliance costs and risks for many unsuspecting parties. It could also put a stop, or at least a deferral, on many purely domestic transfers occurring, particularly where time is of the essence.

It’s been a long time coming.

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Posted on Jun 12, 2016

Why housing prices won’t crash

House prices in Australia have grown at an unprecedented rate since 2004. A healthy economy fuelled by a strong mining sector, coupled with sustained low interest rates and a mixture of favourable tax settings have made the property market a desirable investment choice for Australians over the last decade. Consequently, property prices have increased to the point of unaffordability in many major Australian capital cities.

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Posted on Jun 5, 2016

Who would you choose as leader –  Turnbull, Shorten or Trump?

Who would you choose as leader – Turnbull, Shorten or Trump?

The first national political debate was an opportunity to showcase Turnbull and Shorten as leaders.  It failed miserably.

It was more a case of debating 101 for senior school students than a contest between national leaders.  In fact, the debate was less sophisticated than most school debates

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Posted on May 29, 2016

Where are the women on boards?

During the past decade, a debate has gathered momentum about the deplorable state of gender equity in this country. A little more than 20% of board members are women, although there is still a somewhat bipolar nature to the distribution across all companies. The will to improve performance and inclusion of women on boards is also uneven. Further, the rise is flattening out, and reaching even 25% women looks a tall order.

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Posted on May 22, 2016

What makes an entrepreneur?

There is no such thing as a typical entrepreneur. But a study released by HSBC earlier this year, based on interviews with more than 2,800 owners of businesses around the globe, found that successful entrepreneurs share some common characteristics.

The most common reason entrepreneurs give for starting a company is to be their own boss. They want to take personal responsibility for risks and credit for achievements. For lots of people this sense of independence is exciting and motivating. Business owners who are keen to be self-reliant may also shy away from growth opportunities that mean relying on others, however, such as expanding their executive team or forming partnerships with other companies.

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Posted on May 15, 2016

Why Millennials will rule the workplace of the future

Australian businesses need to rethink their retention strategies for Millennial workers – or risk losing a large percentage of their workforce.

Those born after 1982 will comprise 75% of the global workforce by 2025*, and they’re not keen on pledging allegiance to organisations that don’t value what they do. In fact, data reveals personal values have the greatest influence on a Millennial’s decision-making.

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Posted on May 8, 2016

Lack of climate policy in Budget leaves economy open to shock

Climate funding cuts and uncertainties dominate in a Budget that ignores the fact that if we do not invest in strong, effective action to reduce emissions now, it will simply cost us much more in the not too distant future. The consequences of ongoing failure to tackle climate change will be escalating energy, unemployment and other economic costs over the next few decades.

There is no extra funding for the government’s current principal policy tool the $2.55 billion Emission Reduction Fund now likely to be expended by the end of 2016 well before the policy review in 2017, threatening jobs and growth in the carbon farming and other emission reduction industries.

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Posted on May 1, 2016

Why you need a social media policy to protect your business

In a recent decision of the Fair Work Commission, an employer was ordered to reinstate an employee who had been dismissed for comments he posted on social media sites outside work hours.

The employer (the Department of Human Services) dismissed the employee from his position as a Centrelink officer for posting on social media sites, a number of negative, inappropriate and offensive posts about the government, the department and its employees and customers over a period of almost three years.

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Posted on Apr 24, 2016

Blockchain technology – is it too good to be true?

Blockchain has become a marketing buzzword making it impossible to talk about the technology. A more productive approach is to focus on the capabilities and problems.

Bitcoin and blockchain have triggered a new technological gold rush. If we’re to believe the hype, there’s no problem that can’t be solved by putting it ‘on the blockchain’. Proposals are flooding the market: from blockchain-enabled payments, through to identity management solutions, and Amazon and Uber killers – all powered by blockchain. It all sounds too good to be true, much like cloud computing did in its early days.

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Posted on Apr 17, 2016

Darwin port sale leads to FIRB rule changes for critical state-owned assets

The Foreign Investment Review Board (FIRB) has been charged with the review and assessment of any proposal by private foreign investors to acquire critical state-owned infrastructure assets.

This was in reaction to the national and international concern raised over the Northern Territory Government’s 2015 decision to offer a century-long lease of the port of Darwin to a Chinese private company without Australian Federal Government approval.

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