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Newcastle Accountants | Maitland Accountants | Bottrell Offices located in Newcastle, Maitland. Your local Accountants, Tax Agents & Advisors in Newcastle & Maitland

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OUR BLOG

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2026 – 27 Federal Budget Overview

2026-27 Federal Budget — A Night of Significant Change The 2026-27 Federal Budget, delivered by Treasurer Jim Chalmers on the evening of 12 May 2026, is one of the most significant overhauls of the Australian tax system in nearly three decades. In a single budget, the Government has made changes to capital gains tax, negative […]

How can small businesses compete with the big chains?

In tough economic times, small businesses can struggle. Big multinational chains often have the scale to undercut local competitors and survive even when times get tough. What can small businesses do to retain and attract customers in a competitive market? Identify your business’s advantages Think about what your business can offer that a multinational operator […]

What is Price Elasticity of Demand?

Price elasticity is an economic concept that you should get to know. It is instrumental in understanding demand for your product and the price you can set for it. A price elastic product is one that experiences changes in demand as the price rises or falls. Some products are staples, and their price is inelastic. […]

Gen Z in a Boomer workplace?

Gen Z workers may not be able to slide seamlessly into a workplace that was designed for Baby Boomers. Managing Gen Z – those workers born between the late 90s and the early 2010s – is proving to be a challenge for even the most hardened people managers and supervisors. Some managers view Gen Z […]

Keeping your tax and expenses in check when you are self-employed

Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]

Increasing your mental health support for employees

As a business owner, there’s a big emphasis on taking care of the physical health and safety of your employees. But what about the mental health and wellbeing of your team? A recent study by Peninsula surveyed 79,000 small to medium-sized businesses clients globally. The study spoke to 30,500 clients across Australia and New Zealand, […]

Business credit: using loans to grow your business

Whatever stage you’re at in the business journey, having an injection of additional working capital is always welcome. Being able to borrow money and take on managed debt in the business is what allows you to fund the next stage in your growth. But how does your credit profile affect your ability to borrow as […]

Understanding your revenue drivers

For your business to make money, you need to generate revenue. You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your products/services and bringing money into the business, the higher your revenue levels will be. But […]

Creating more jobs for Australian workers

During a cost-of-living crisis, creating jobs within your local community is one of the most important things you can do as a small business owner. But only 9% of Australian SMEs created new jobs in 2024, compared with 33 per cent across the Asia-Pacific region, according to CPA Australia’s recent Asia-Pacific Small Business Survey. What can […]

Don’t end up paying tax on uncollected debtors!

Don’t end up paying tax on uncollected debtors! Did you know you still have to pay tax on uncollected debtors? This is because you pay tax on your sales figures irrespective of whether you have collected the cash. To avoid paying tax on uncollected debt, here are some quick and easy-to-implement debt collection strategies to […]

Do you have an Ideal Customer Profile?

Do you have an Ideal Customer Profile? Knowing your customers inside out is one of the major keys to making your business a success. But how much research have you done into the persona of your ideal customer? Having an Ideal Customer Profile is foundational to your sales and marketing strategies. But many small and […]

6 Powerful Reasons To Watch Your Financial Reports

6 Powerful Reasons To Watch Your Financial Reports Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense […]

Protecting you and your business: using trusts

Have you ever wondered about the best ways to protect you and your business? In this series, we’ll look at the key ways to use trusts, insurance and risk-management techniques to protect both your personal assets and the future of the company. In this article, we’ll look at how you can use a trust to […]

5 ways to get in control of your business finances

Having proper control of your business finances is a big advantage. It helps you make well-informed business decisions and keeps your organisation profitable. With so many digital tools for managing your bookkeeping, accounting and management reporting, it’s never been easier to manage, track and forecast your financial position. But what are the main tools you […]