{"id":9896,"date":"2022-12-13T10:33:54","date_gmt":"2022-12-13T02:33:54","guid":{"rendered":"https:\/\/themetiergroup.com.au\/?p=9896"},"modified":"2022-12-13T10:50:02","modified_gmt":"2022-12-13T02:50:02","slug":"business-update-13-december-2022","status":"publish","type":"post","link":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/","title":{"rendered":"Business Update \u2013 13 December 2022"},"content":{"rendered":"

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.<\/p>\n

NSW builder goes into voluntary administration due to rising costs and pandemic effects<\/h3>\n

Elderton Homes, a major New South Wales builder, has plunged into administration after catastrophic weather events, the pandemic, and rising materials costs made business too costly<\/a> to continue.<\/p>\n

ABS data shows that payroll jobs are up, and the labour market is still tight<\/h3>\n

Payroll jobs increased by 0.7 per cent in the month to November 12, indicating tightness in the labour market<\/a> and disruptions from people being sick and the impact of significant weather events.<\/p>\n

Reserve Bank sceptically launches new program to explore digital currency<\/h3>\n

The Reserve Bank has started a pilot program for a digital eAUD currency<\/a>, but assistant governor Brad Jones is unsure of its role in Australia.<\/p>\n

The gender pay gap didn\u2019t improve at all from last year<\/h3>\n

The latest data released by the Workplace Gender Equality Agency shows the pay gap remains at 22.8%<\/a>, with women earning $0.77 for every $1 earned by men. In addition, women are under-represented in leadership positions, and seven in 10 employers have pay gaps favouring men.<\/p>\n

Relief is coming to help with high energy bills<\/h3>\n

Federal and state governments have agreed to cap coal and gas prices and provide additional rebates<\/a> for Australians on low and middle incomes as part of a $1.5bn intervention.<\/p>\n

Aussies are going into debt to buy gifts this season<\/h3>\n

People increasingly rely on credit<\/a> to fund their holiday spending, with 24 per cent turning to buy-now, pay-later services and 13 per cent using their credit cards.<\/p>\n

Tools for managing cash flow in tough times<\/h3>\n

The ATO has created a Cash Flow Coaching Kit<\/a> that offers solutions to help manage a range of small business pressures, including less income coming in the door.<\/p>\n

Was your tax refund less than expected?<\/h3>\n

The ATO has started to offset credits as part of recommencing collection action after a pause due to COVID-19. This may include reactivating debts that have been on hold. Find more details here<\/a>.<\/p>\n

Inflation rate drops just in time for the holidays<\/h3>\n

Australian inflation fell to 6.9 per cent in October, well below market expectations, due to a significant fall in the costs of fruit and vegetables. The drop has some economists feeling optimistic<\/a> that inflation has peaked sooner than expected.<\/p>\n

Get in touch<\/h3>\n

Contact us if you have any questions or want to discuss the next steps for your business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary administration due to rising costs and pandemic effects Elderton Homes, a major New South Wales builder, has plunged into administration after catastrophic weather events, the pandemic, and rising materials … Continued<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[76,79],"tags":[],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"\nBusiness Update \u2013 13 December 2022 - The Metier Group<\/title>\n<meta name=\"description\" content=\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Update \u2013 13 December 2022 - The Metier Group\" \/>\n<meta property=\"og:description\" content=\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary\" \/>\n<meta property=\"og:url\" content=\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"The Metier Group\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-13T02:33:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-13T02:50:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/themetiergroup.com.au\/app\/uploads\/cropped-B-logo-COL-POS-RGB-32x32-1-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"32\" \/>\n\t<meta property=\"og:image:height\" content=\"32\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bizink\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bizink\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/\",\"url\":\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/\",\"name\":\"Business Update \u2013 13 December 2022 - The Metier Group\",\"isPartOf\":{\"@id\":\"https:\/\/themetiergroup.com.au\/#website\"},\"datePublished\":\"2022-12-13T02:33:54+00:00\",\"dateModified\":\"2022-12-13T02:50:02+00:00\",\"author\":{\"@id\":\"https:\/\/themetiergroup.com.au\/#\/schema\/person\/be80f8c5ded75400abfa179d422fcdb7\"},\"description\":\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary\",\"breadcrumb\":{\"@id\":\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/themetiergroup.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business Update \u2013 13 December 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/themetiergroup.com.au\/#website\",\"url\":\"https:\/\/themetiergroup.com.au\/\",\"name\":\"The Metier Group\",\"description\":\"Financial Services in Malaga\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/themetiergroup.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/themetiergroup.com.au\/#\/schema\/person\/be80f8c5ded75400abfa179d422fcdb7\",\"name\":\"Bizink\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/themetiergroup.com.au\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/02708d773742a6195c1829872eb12fef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/02708d773742a6195c1829872eb12fef?s=96&d=mm&r=g\",\"caption\":\"Bizink\"},\"url\":\"https:\/\/themetiergroup.com.au\/author\/bizinkwpadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Business Update \u2013 13 December 2022 - The Metier Group","description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/","og_locale":"en_US","og_type":"article","og_title":"Business Update \u2013 13 December 2022 - The Metier Group","og_description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary","og_url":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/","og_site_name":"The Metier Group","article_published_time":"2022-12-13T02:33:54+00:00","article_modified_time":"2022-12-13T02:50:02+00:00","og_image":[{"width":32,"height":32,"url":"https:\/\/themetiergroup.com.au\/app\/uploads\/cropped-B-logo-COL-POS-RGB-32x32-1-1.png","type":"image\/png"}],"author":"Bizink","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bizink","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/","url":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/","name":"Business Update \u2013 13 December 2022 - The Metier Group","isPartOf":{"@id":"https:\/\/themetiergroup.com.au\/#website"},"datePublished":"2022-12-13T02:33:54+00:00","dateModified":"2022-12-13T02:50:02+00:00","author":{"@id":"https:\/\/themetiergroup.com.au\/#\/schema\/person\/be80f8c5ded75400abfa179d422fcdb7"},"description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NSW builder goes into voluntary","breadcrumb":{"@id":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/themetiergroup.com.au\/business-update-13-december-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/themetiergroup.com.au\/"},{"@type":"ListItem","position":2,"name":"Business Update \u2013 13 December 2022"}]},{"@type":"WebSite","@id":"https:\/\/themetiergroup.com.au\/#website","url":"https:\/\/themetiergroup.com.au\/","name":"The Metier Group","description":"Financial Services in Malaga","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/themetiergroup.com.au\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Person","@id":"https:\/\/themetiergroup.com.au\/#\/schema\/person\/be80f8c5ded75400abfa179d422fcdb7","name":"Bizink","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/themetiergroup.com.au\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/02708d773742a6195c1829872eb12fef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/02708d773742a6195c1829872eb12fef?s=96&d=mm&r=g","caption":"Bizink"},"url":"https:\/\/themetiergroup.com.au\/author\/bizinkwpadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/posts\/9896"}],"collection":[{"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/comments?post=9896"}],"version-history":[{"count":0,"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/posts\/9896\/revisions"}],"wp:attachment":[{"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/media?parent=9896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/categories?post=9896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themetiergroup.com.au\/wp-json\/wp\/v2\/tags?post=9896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}