We often hear the statement ‘small to medium businesses are the backbone of Australia’s economy’ and it’s equally true that backbone is at the forefront of our economic transformation today. Entire industries are being turned on their heads seemingly overnight. The way many businesses have operated for decades no longer cuts it in in the face of...
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Economic transformation had led to the highest youth unemployment (12%) and underemployment (16%) in decades. Previous downturns saw high unemployment across the board, while this time job prospects are good for experienced skilled workers and difficult for graduates looking for entry-level jobs that have been automated or off-shored. With littl...
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The last Ford ute rolling off the production line in Victoria late last year was a sign of the times. It’s now commonplace for industries with long histories in Australia to transform before our eyes in the wake of globalisation and technological change. And it is Generation X – smack bang in the middle of their working lives – that will feel so...
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There's plenty of media hype about how automation and robo-advice could replace traditional tax, business and financial advice; and disrupt the business models of accountants everywhere. We don't buy it and here’s why.
Technology is good at information, success is about how you use it
Tax, business and financial planning advice is as muc...
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