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There are strategies small and medium-sized enterprises (SMEs) can put in place to minimise cart abandonment and get their customers to click “pay”.
11 Jun 2021 Small business

Customer experience optimisation: 4 ways to get to “pay”

There are few things more disheartening as almost closing a sale. A successful conversion funnel is the ideal outcome. Here are four tips on how to stop customers dropping their cart and doing a runner at the online check-out.

The month of June also offers the best time to ensure that retirement savings are properly optimised, with the new financial year clearing the slate for a number of limits and changes relating to superannuation.

Is EOFY the best time to shuffle superannuation?

While the end of the financial year can be a busy time professionally and personally, it is also a good time to take stock of superannuation and formulate retirement savings strategies for the year ahead.

01 Jun 2021 Superannuation

Foreign exchange: the overlooked business essential

SPONSORED CONTENT: Off the back of pandemic-induced currency volatility there has been a surge of interest in FX management tools. Find out how an OFX expert can help.

15 Jun 2021 Accounting Taxation
Common sense management has three main pillars: the ability to be vulnerable, the ability to create a strong sense of purpose and the ability to create a collaborative environment.

Making common-sense management common again

For many organisations, the answer to increasing complexity in the business environment has been to add more reporting lines and heavily detailed processes to everyday operations, often putting common-sense management at risk.

09 Jun 2021 Leadership Workplace
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THE ECONOMY

Olympic Rings installation in front of the Japan Olympic Museum in Shinjuku. The Tokyo 2020 Olympic Games have been postponed due to the COVID-19 pandemic and are scheduled to be held in July 2021.
01 Jun 2021 Economics

Is hosting the Olympics Games worth the investment?

In March 2020, COVID-19 claimed one of its most high-profile "victims" - the Tokyo Olympic Games. The cost of the delay may make it the most expensive games yet. Given the financial risks, is hosting the Olympic Games worth the investment?

Banks introduce negative interest rates to bolster economies

Several central banks around the world, including those of the European Union, Sweden, Denmark, Switzerland and Japan, have introduced negative interest rates to bolster their economies in the wake of the COVID-19 pandemic. Has this bold strategy produced the desired effect?

01 Jun 2021 Economics
Australians lose a staggering A$24.9 billion a year to gambling and are some of the world’s heaviest gamblers per capita.

How policy reform can solve the problem of gambling in Australia

Australians are among the heaviest gamblers in the world and are high up on the list of biggest losers, with a per capita gambling loss of A$1292 during 2017-2018. To what extent can policy reform address the problem?

01 Jun 2021 Economics
Businesses that were agile and proactive emerged healthier after lockdowns.

Economic knockout: Boxing strategies for SME survival

The businesses that are fighting fit during the challenges of the ongoing pandemic are those that have the agility to shift strategies quickly and efficiently in response to changes in the operating environment.

28 May 2021 Economics Small business

Work Smart

Leaders have had to step up in a big way, and with the end to disruption and uncertainty nowhere in sight, the only way forward is to learn to live with – and lead through – fear.
01 Jun 2021 Leadership

How to make decisions in times of fear and uncertainty

In uncertain times, it is all too easy to feel crippled with indecision due to fear of what lies ahead. Having courage doesn't mean dispelling fear, but acknowledging it and tapping into self-certainty while planning for the future.

It’s important to have a reality check and do a self-assessment as to what your skills are, your level of competence and level of workplace enjoyment.

How to handle being sidelined for a promotion

Missed out on a promotion? Here's how to handle the setback.

01 Jun 2021 Workplace Careers
Professionals in the US spend an average of 38 minutes in a teleconference, with 13 of those minutes wasted on unnecessary interruptions and distractions.

How to run a successful teleconference

Following the global economic and social impact of COVID-19, the teleconference has gone from a curiosity to an organisational staple. Here's how to get it right.

01 May 2020 Workplace Technology
People want flexibility, and they want to be able to work from home where they can.

How to structure and manage flexible teams

The pandemic has been a catalyst for big changes - not only in the way we work and the technology we use, but also in how teams are structured and managed.

01 Jun 2021 INPRACTICE Workplace

June 2021
June 2021
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Although Australia has decided not to adopt IFRS for SMEs, Singapore, Hong Kong and Malaysia have all adopted the standard, as have around 83 other countries.
01 Jun 2021 Accounting

What do the changes in Australian financial reporting mean for SMEs?

The overhaul of the Australian Financial Reporting Framework involves a new tier 2 reporting framework that includes a simplified disclosures standard. Does this new structure serve the needs of small and medium-sized enterprises and their stakeholders?

Studies have shown that people spend significantly more when they use “virtual” as opposed to physical money.

6 reasons why we still need cash

Cash may no longer be king for many of us, but that doesn’t mean that it should be consigned to history. Here are six reasons why we shouldn’t discount cash.

04 May 2021 Economics Accounting
Accounting standards are the essential technical tools, yet, how easy are they to interpret, and should standard-setters be working towards making them simpler?

How to make accounting standards easier to interpret

Accounting standards are becoming more complex but, in most cases, with good reason. The solution is technology adoption and a multi-modal approach to readability, understandability and actionability.

01 May 2021 Accounting Strategy
Before COVID-19, employee discretionary spend was often the second largest operating expense after wages for many organisations.

Taking care of corporate expense tracking

Corporate expense tracking can be immensely time-consuming and challenging in terms of real-time visibility. Here’s what you need to know about automated expense management systems that do the job for you.

23 Apr 2021 Accounting

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June 2021
June 2021

Read the June 2021 issue of INTHEBLACK in digital magazine format.

Our new digital magazine brings you the same quality content every month, in a new interactive and sustainable format you can enjoy on a PC, tablet or mobile.

READ DIGITAL MAGAZINE