When you first start out in business, having access to finance will be fundamental to your success. And being able to borrow funds, or attract investment, will be dependent on you having a good business credit score and a healthy … Read More

Tax measures proposed by the re-elected ALP
The ALP has been re-elected to form a government with majority, after winning the 2025 Federal election. During the election campaign several tax changes were proposed by the ALP, that may come into come into effect in their next term. … Read More

Australian Federal Election Results: the impact for your small business
The Australian Labor Party won the 2025 Federal Election with a convincing majority on 3 May. This means Labor has another three years to continue its plans for supporting Australian enterprise, making life easier for small businesses and boosting the … Read More

Underpaying your staff is now a criminal offence: What this means for your business
Paying your employees the correct amount is an important part of being an employer. To tighten up this process, the Australian Government has just introduced a new Voluntary Small Business Wage Compliance Code, that makes underpaying your employees a criminal … Read More

Federal Budget 2025-26: what it means for your small business
The Treasurer, Jim Chalmers, delivered the Federal Budget 2025 on Tuesday 25 March. With a general election scheduled for 2025, this Budget was an important one, setting out the Albanese Labor Government’s financial plans for the future path of Australia. … Read More

Five big business challenges for 2025
‘Uncertainty’ has been the defining phrase for the first half of the 2020s. The markets are unstable, supply chains have been wobbly and finding talent has been difficult. But as we head into 2025, and the second half of the … Read More

Unlocking your full potential with AI
What’s the main thing that holds you and your business back? Chances are it’s the unavoidable manual tasks and low-level administrative responsibilities that eat into your time. But in 2025, these are tasks that artificial intelligence (AI) is more than … Read More

Happy Christmas from all of us at Ascend Solutions
Happy Christmas! We wish you a happy Christmas and very well deserved end-of-year break. We are grateful for the opportunity to work with you and be a part of your business journey. It has been another year of hard work … Read More

Christmas Festivities, Bonuses and gifts to staff – what you need to know
From Christmas cash bonuses to overtime payments, many employers make extra payments to their employees at the end of the year. As an employer, you should be aware of how these payments arerequired to be reported to the Australian Taxation … Read More