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By
Bria Horne
Business In:Brief is a monthly profile that gives insight into the individuals behind some of Australia's most innovative businesses.
You can find the latest Business In:Brief here each month, or get it sent to your inbox by signing up to our business newsletter below.
If you'd like to be featured in Business In:Brief, feel free to email us
Business In:Brief with Elias Tabchouri (Macquarie Law Group)
Elias Tabchouri is the founder and Principal Lawyer of Aussie law firm Macquarie Law Group. Find out more about Elias and his advice to others in his industry here.
John Nguyen is the founder of EatBoxNow, a Korean BBQ box delivery service. John successfully launched his startup business amid the coronavirus pandemic. Find out more.
Staying updated with reliable sources like the Australian Financial Review, the ATO newsroom and business hubs like Finder is essential. These sources provide updates on tax changes, grant availability and economic trends affecting SMEs.
Rising interest rates increase the cost of borrowing for variable rate loans and overdrafts. It may also dampen consumer spending. Businesses should review their debt structure and cash flow forecasts whenever the RBA adjusts the cash rate.
Recent focus areas for Australian businesses include Single Touch Payroll (STP) Phase 2 compliance, changes to superannuation guarantee rates and new unfair contract term laws. Always check with your accountant to ensure you are compliant.
Business email compromise and invoice fraud are rising in Australia. verify bank account changes from suppliers via phone, enable multi-factor authentication (MFA) on all accounts and train staff to spot phishing emails.
Bria Horne was a writer for Finder, with a specialist knowledge of personal loans, car loans and business loans. Originally from the UK, Bria has been a professional personal finance writer in Australia for over 2 years. She has an M.A and B.A in Philosophy and Literature from the University of Sussex, and previously worked on the UK’s leading hospitality publication. See full bio
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