Latest News

Hot Issues
spacer
When set-and-forget convenience starts costing you
spacer
$20,000 instant asset write-off now permanent for small business
spacer
Tax related updates in September 2026
spacer
Avoid an FBT hangover this festive season
spacer
1 July 2027 CGT reset. What does this mean?
spacer
Weaker economic conditions lead to $8.2bn drop in taxes paid by corporates
spacer
The legal risks of getting your superannuation nominee incorrect
spacer
Check out the Most Powerful People in the World (1800–2026)
spacer
Write a business plan
spacer
Two Cautionary Tales About Resources Important to Anyone Using a Domain Name or Website
spacer
What Are the Privacy Policy Requirements for Australian E-Commerce Businesses?
spacer
Privacy Compliance Sweep 2026: Is Your Business Ready?
spacer
Foreign investor fined $370k as ATO cracks whip on land banking
spacer
The AI moment in accounting will follow a familiar pattern
spacer
Latest Intergenerational Report points to stubborn productivity issues that AI cannot fix
spacer
Check out the smartest species on earth: Data from 200M BC to 2026
spacer
Steps to close a business
spacer
Paid parental leave super contributions have started
spacer
How Do I Write Legally Compliant Terms and Conditions for My Business?
spacer
Don’t get caught out at tax time with your multiple jobs
spacer
Division 296 tax on large super balances
spacer
More of the same with latest missive from Treasury
spacer
'No place to hide': ATO puts contractors on notice over $1bn in missing TPAR payments
spacer
Check out the largest castles by country
spacer
ATO no longer treating debt the same as during COVID
spacer
Warning for early lodger this tax time!
spacer
Global companies turn to cost-cutting amid ongoing inflation
spacer
Don’t get caught out at tax time with your multiples jobs
spacer
Does Your Small Business Need to Follow AML Privacy Rules?
spacer
SMEs warned as ATO ramps up tax debt collection
spacer
Taxpayer given 35% penalty for BAS recklessness
spacer
How Our Diets have Changed.
Article archive
spacer
Quarter 3 July - September 2026
spacer
Quarter 2 April - June 2026
spacer
Quarter 1 January - March 2026
spacer
Quarter 4 October - December 2025
spacer
Quarter 3 July - September 2025
spacer
Quarter 2 April - June 2025
spacer
Quarter 1 January - March 2025
spacer
Quarter 4 October - December 2024
spacer
Quarter 3 July - September 2024
spacer
Quarter 2 April - June 2024
spacer
Quarter 1 January - March 2024
spacer
Quarter 4 October - December 2023
spacer
Quarter 3 July - September 2023
spacer
Quarter 2 April - June 2023
spacer
Quarter 1 January - March 2023
spacer
Quarter 4 October - December 2022
Protect your small business by following these essential steps.

Cyber security is everyone’s business. With cyber threats becoming more frequent and complex now is the time to make sure your business is secure.

.

Cyber security is everyone’s business. With cyber threats becoming more frequent and complex now is the time to make sure your business is secure.

This October, for Cyber Security Awareness Month, take the opportunity to talk to your employees and colleagues about the essential steps that you can all take to protect your digital identities and keep your business operating smoothly. With these 4 simple actions, you can greatly reduce the risk and impact of cyber threats on your business:

  1. Use strong passwords that are long, unique and unpredictable.
  2. Turn on multi-factor authentication (MFA).
  3. Turn on automatic software updates.
  4. Recognise and report phishing scams.

Use strong, long and unique passwords

Strong passwords are your first defence against unauthorised people trying to access your online accounts.

Across your business accounts, make sure you use long, unique and unpredictable passwords for each account. You could also try using ‘passphrases’ (passwords made of 4 or more random words) which are more complex, making it harder for criminals to crack.

For more on passwords, read our article: 6 steps to better password hygiene.

Turn on multi-factor authentication (MFA)

Multi-factor authentication, also known as MFA, adds an extra layer of protection by asking you in 2 or more ways to prove that an authorised person is logging in. It makes it much harder for others to access your online accounts.

For more on general cyber security and multi-factor authentication, read our article: The essential small business guide to cyber security.

Turn on automatic software updates

Turning on automatic software updates for your business devices and apps is one of the easiest ways to protect yourself online. Check your device's settings and make sure that automatic updates are turned on across all your business devices.

For more on software updates and general cyber security, read our article: The essential small business guide to cyber security.

Recognise and report phishing scams

 

(Phishing: the fraudulent practice of sending emails or other messages purporting to be from reputable companies in order to induce individuals to reveal personal information, such as passwords and credit card numbers.

Remember to always check the senders address. Scammers can go close but they can not use the exact same URL (domain address) as the company they purport to be from. If still in doubt then ring the company involved to double check. Doing these two things will go a long way to stopping you being scammed.)

Phishing is one of the most common scams used by cybercriminals to steal personal and financial information. To avoid getting caught by phishing, be cautious with unsolicited messages or links and encourage everyone with access to your business emails and messages to look out for red flags, like urgent language requesting you to take action.

For more on phishing, read our article: Spyware and stalkerware: How to check and protect your business devices.

More cyber security resources

By taking the 4 steps, you can greatly lower your risk of falling victim to cyber threats. For more practical advice and tips on how to protect your business, see Business Victoria’s range of cyber security resources:

 

 

 

Acctweb

Liability limited by a Scheme approved under Professional Standards Legislation.
© O'Brien and Partners 2024 - All Rights Reserved | 333 Canterbury Road, Canterbury VIC 3126 | Tel: 03 9509 3911 Site by Acctweb