Blackburn Accounting

People & Culture

As AI bears down on us at a rapid pace, with AI assistants now the first point of conversation for many services and Businesses, more than ever, making and keeping ‘real’, true community connections is vital.

As simple as that early morning coffee, which morphs into a routine, it’s more than a habit or a chai latte; this effort provides the opportunity to make, build and keep community connections. Developing meaningful and lasting connections and relationships, the essence of a healthy life and quality wellbeing.

Whether it's the corner Cafe, Gym, Book Club, Walking groups or Iceberg swimmers. Gatherings that bring people together are important for any age, whatever their interests. Whether scheduled, preplanned, or developed by chance, people gather and connect with meaning.

Are you one of the local cafe community?

Tax
Business

Payday Super Switch

A friendly reminder about Payday Super changes that came into effect from 1 July 2026. Full details are available on the ATO website.

Payday Super is a change to how you pay your employees’ super guarantee. From 1 July 2026 you must:

pay employees their super guarantee for each payday (instead of quarterly)

calculate super based on an employee's qualifying earnings, which is a new term that brings together ordinary time earnings and other payments.

Small Business 2026 - Closer scrutiny

The ATO is increasing its focus on small Business compliance using improved reporting systems, better data matching and targeted reviews.

Cashflow Counting our pennies or cents! Yes, an old saying but still relevant, particularly with today's cost-of-living pressures. Being careful, frugal, and cautious about how we spend our money is crucial. Close monitoring and management are essential to avoid running out of funds!

Welcome to Cashflow Management.

If you are running a Business, it makes good business sense to adopt sound practices.

Effectively managing the paperwork and ins and outs of financial matters requires time, skill, and diligence. Cashflow management is critical.

Preparing for a wedding, a major event, an overseas holiday or a career pathway! It’s all in the planning. It’s developing a process of deciding what, why, and how to achieve something and the best way to go about it.

There are no boundaries for planning, applying to a range of activities and interests, including operating a Business.

Is that you? If you run a Family Business, it makes good business sense to have a plan, a blueprint for the future.

And yes, it’s all in the planning. Let me introduce you to Family Business Planning and Succession Planning.

There are some simple steps to follow.

Get your house in order!

It begins with a review, an honest assessment of the current situation. Asking the questions, seeking clarity, and, more importantly, acting on the results.

You have seen the headlines!

A healthy, strong company culture that underpins major success stories, Businesses thriving and achieving. The flipside is horror stories of ‘toxic’ cultures that have brought down corporate giants and left behind tainted reputations, fallout and damaged victims.

These scenarios are played out in Businesses of all shapes and sizes across all industries.

Creating a healthy, strong culture takes time, effort, education, and understanding.

By definition, Organisational culture is built on shared values, behaviours, beliefs, and attitudes that define how a business operates.

Family businesses blend these elements with the unique features of family heritage, intergenerational dynamics, purpose, aspirations, and vision. This combination creates a highly loyal and trust-driven environment.

The key to success is to establish clear boundaries to ensure Business and personal matters are separated. Business time, expectations and demands should be realistic and not encroach on family time.