My Business Podcast

In this special episode of the MyBusiness Podcast, host Maja Garaca Djurdjevic is joined by the deputy editor of MyBusiness, Adrian Flores, to discuss the latest in business news. Over the past week, several big announcements were made from Canberra, including JobMaker’s passage through Parliament and the tabling of both the small-business insolvency reforms and legislation ensuring COVID-related small-business grants are made tax-free. On a state level, NSW unveiled its budget, spurring hope in the small-business community, while Victoria embraced the new COVID normal and South Australia plunged back into uncertainty with the return of several state borders. Adrian and Maja take a look at the above and more, dissecting the key business measures, including JobMaker.

While 2020 has been challenging to say the least, many lessons have been learnt. From the importance of disaster planning to the power of technology, Aussie SMEs have gained a wealth of knowledge during what has for most been the most challenging year on record.

In this special episode of the MyBusiness Podcast, host Maja Garaca Djurdjevic is joined by Daniel West, chief sales and support officer at MYOB, to look back on the year that was and talk about expectations for 2021.  

Daniel shares valuable insights from MYOB’s extensive research into the SME space, as well as tips to help businesses wade the unknown waters during and after the pandemic.

Hear his thoughts on the importance of reaching out for support and welcoming it from their accountants and counsellors.

The ATO has released its tax gap estimates for all 15 income and transactional-based taxes for the first time ever, believing $31.2 billion went missing in 2017–18.

Last month, MyBusiness sister brand Accountants Daily host Jotham Lian was joined by Tax & Super Australia tax counsel John Jeffreys to unpack the different tax gaps, including the small business tax gap, which remains the largest gap by dollar value and percentage figure.

John also dissects the ATO’s sample of agent-prepared returns requiring more adjustments than self-prepared returns and gives his take on how to reduce the tax gap.

With work from home likely to become the new norm, an expert joins us to share tips on creating and maintaining a connected company amid growing challenges. 

Late last month, MyBusiness hosted a special, three-day, virtual event to help small-business owners wade through the rough COVID-19 seas.

Editor Maja Garaca Djurdjevic chatted with Vicky Skipp, head of APAC at Workplace from Facebook, about managing a dispersed workforce, communicating updates clearly and improving business culture with remote collaboration.

Ms Skipp shares some of her key tips to help businesses utilise technology to build their remote muscles.

She also gives her thoughts about what the future holds and whether work from home will become a new norm.

“If you’re feeling unsettled, anxious or stressed, we all are. That’s absolutely normal in circumstances we find ourselves in,” Beyond Blue chief executive Georgie Harman said.

Late last month, MyBusiness hosted a special, three-day, virtual event to help small-business owners wade through the rough COVID-19 seas. Editor Maja Garaca Djurdjevic chatted with Georgie Harman about the importance of mental health in the workplace and why it’s everyone’s business. Ms Harman shared some key tips to help employers recognise when their employees may be mentally struggling through the coronavirus crisis and steps to take to help them navigate through the tough environment. Ms Harman also provided some key tips that small-business owners can use to check in with themselves. If you are suffering from depression, anxiety or suicidal thoughts, or you’re worried about someone else and feel that urgent professional support is needed, contact your local doctor or one of the 24/7 crisis agencies below:

Beyond Blue: 1300 22 4636 www.beyondblue.org.au

Lifeline: 13 11 14 www.lifeline.org.au

Suicide Call Back Service: 1300 659 467 www.suicidecallbackservice.org.au

Late last month, MyBusiness hosted a special three-day, virtual event to help small business owners wade the rough COVID seas.

Editor Maja Garaca Djurdjevic sat down and chatted through COVID-related relief and predictions for business with the NSW small business minister Damien Tudehope.

In this episode of the MyBusiness Podcast, we bring you that special chat - one in which Mr Tudehope reveals what’s ahead for business in terms of the state’s plan to ease COVID restrictions, the planned 24-hour economy strategy to revamp Sydney and how businesses can access the state’s financial assistance.

Mr Tudehope also looks ahead to the NSW budget and talks alfresco dining in a COVID safe environment.

In this special budget coverage episode of the MyBusiness Podcast, host Maja Garaca Djurdjevic is joined by a number of prominent figures in the small business space to unpack the most anticipated budget in history.

From loss carry-back for businesses and temporary full expensing which builds on the expanded instant asset write-off, to tax incentives and the JobMaker hiring credit, our host and guests discuss budget 2020 and what it means for business.

Maja is joined by Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman; Andrew Conway, the CEO of the Institute of Public Accountants; Vicki Stylianou, executive general manager, advocacy and technical at the IPA; and the body’s general manager of technical policy Tony Greco.

Hear their thoughts on budget 2020 and gain more insight into some of the measures that could help your COVID recovery.

In this episode of the MyBusiness Podcast, host Maja Garaca Djurdjevic is joined by Michael Black, a 21-year-old paving his way in business.

Michael started Success Tutoring when he was 17 and is now on the brink of selling his first franchise. Growing from a bedroom desk to a company with 60 staff, Michael’s Success Tutoring has helped over 1,000 students across Australia. He talks about the sacrifices he had to make to get a business off the ground in his teens and how he has navigated the current, tough environment.

In this special episode of the MyBusiness Podcast, host Maja Garaca Djurdjevic is joined by the deputy editor of MyBusiness Adrian Flores to discuss the latest business news, reflecting specifically on the situation in Victoria and JobKeeper updates. Over the past several days, Victoria’s Premier Dan Andrews has announced some important updates, including a new $3 billion stimulus package aimed to help those most impacted by the state’s coronavirus restrictions. Adrian and Maja take a look at what’s on offer, sharing also the reactions they’ve been hearing from the business community. The pair deep dive into Andrews’ roadmap to open the state and give a brief recap of the changes to JobKeeper due to begin at the end of month. 

Cathy Dimarchos believes that there are always opportunities in the market if you know where to look. With over 35 years of experience in finance and business, Cathy Dimarchos has seen it all. Today she is an adviser, mentor and small business coach, channelling her hard-earned knowledge towards helping fellow business owners survive and thrive amid challenging times. Cathy joins host Maja Garaca Djurdjevic in this episode of the MyBusiness Podcast to talk about decision making in difficult times and how business owners can best deal with fear while making sure their staff are looked after too. Cathy touches on the importance of stepping back and revisiting that passion that first led business owners to start their companies, she shares her tips on switching to solution focus mode to drive business growth, and tops off our chat with some inspiring business success stories. 24-hour mental health telephone support is available via Lifeline on 13 11 14 or Beyond Blue on 1300 224 636.