New Xero CEO’s passion for accounting began around the family dinner table, aged seven
Sukhinder Singh Cassidy will replace Steve Vamos, retiring after almost five years at the helm, as Xero CEO in February 2023.
New Xero data shows small business sector sales are booming over the year — but economists say inflation could mask the real damage
The performance of Australia's small business community is improving, new data suggests, but economists have advised that a 'phantom' spending downturn may be hidden in those rosy figures.
Embedded finance must learn the lessons of unbundling and put small business first
Recently we have seen a number of companies pursue “embedded finance”, writes Xero's Leigh O'Neill. These companies are taking a range of financial services and embedding them directly into a non-financial workflow.
Stressed and confused: Xero research finds a ‘silent epidemic’ among small business leaders
Almost half of respondents in a new Xero report said managing employee processes and compliance is taxing on their mental health.
“Think of it as insurance”: As business scams mount, Financial Services Minister Stephen Jones says it’s time to adopt eInvoicing
It is "critical" for small businesses to protect their payments with Australia's new eInvoicing protocol, Minister for Financial Services and Assistant Treasurer Stephen Jones says.
The Great Data Divide: How SMEs with accurate data insights are surviving the inflationary cycle
Regardless of industry, across Australia businesses can be divided into haves and have nots by the accuracy and recency of their data.
It’s eInvoicing Week, and the ATO says adopting the next-gen system could save your business time and money
The ATO and bookkeeping providers have hailed the launch of eInvoicing Week, celebrating the new digital invoicing process which promises to save time and money for small businesses across Australia.
EOFY changes: How they will impact your business
With a new financial year on the horizon, there’s a number of changes that business owners will need to be aware of in order to stay compliant. From superannuation contributions to a rising minimum wage, here’s what you need to know for the 2022–23 financial year.
Four tax tips for max cash back this EOFY
The end of the financial year is just a couple weeks away, but there’s still time to boost your cash flow and maximise your tax refund — or at least minimise your bill.
Fair Work Commission to roll out new wage and entitlements data API for employers
The Fair Work Commission is creating an interface for wage and entitlements data that it says could save businesses time and reduce the margin for error when paying employees.
Why you should look to your accountant for digital advice
For many small businesses, the rapid acceleration to a digital future brought on by the global pandemic put them in exactly this position. With a raft of digital tools and software platform options out there, choosing the right one was more important than ever as businesses struggled to adapt to changing conditions.
Small business wages are outpacing national average as SMEs face rising cost pressures, report says
Wages paid by Australian small businesses grew 4.1% in April 2022 compared to April 2021, accounting software provider Xero says.
