Have you ever wondered how to turn your dreams into reality? According to Peter Drucker, “The best way to predict your future is to create it.” This week, we’re exploring a simple but powerful technique that helps you do just that: drawing your vision.

If you've purchased or are planning to purchase business assets this financial year, keep in mind that the instant asset write-off threshold is $20,000 for the 2025 income year.

Struggling with a tough business problem? You’re not alone—and the good news is, there’s a simple, team-friendly tool that can help you crack it. Meet CEDAC: the Cause and Effect Diagram with the Addition of Cards—a powerful yet practical upgrade to the traditional fishbone diagram.

Improving your business’s profitability doesn’t have to be overwhelming. The Profit Formula is a simple yet powerful tool designed to help you identify and implement strategies that can make a real difference. It focuses on three key areas: increasing sales, reducing overheads, and decreasing variable expenses.

Today we explore vision mapping—a powerful framework to define and drive your business’s long-term success.

Did you know that waste can eat up as much as 30% of your operating costs? That’s a huge chunk of your budget! And yet, many businesses just accept it as part of doing business—focusing on increasing sales instead of fixing inefficiencies. But here’s the thing: why push more sales through a system that’s not running smoothly?

From 1 July 2025, the General Interest Charge (GIC) on unpaid ATO debts will no longer be tax-deductible. That means holding onto tax debt could cost you more than you think, especially if you’re counting on the deduction to ease the burden.

In a recent decision, the Administrative Review Tribunal ('ART') upheld a truck driver's claim for meal expenses, notwithstanding that those expenses had not been fully substantiated.

The ATO has updated its guidelines for claiming work-from-home expenses, making things a bit simpler for many people.