24

Feb 2022

Australian Accounting Firms: The Problem with Increasing Pay To Secure Staff

By: Odyssey General, Outsourcing
Tags: labour shortage, Post-COVID

Pay rise continues to be discussed in a recent article by the AFR. When compared to two years ago, junior accountants are getting paid 28 percent more, while senior accountants are offered a 55 percent pay increase. The upper end of salary ranges has continued to escalate and shows no sign of slowing down in the near future. The same …

17

Feb 2022

Australia’s Never-Ending Definition of “Fully Vaccinated” and Impacts for Australian Accounting Firms

By: Odyssey General, Outsourcing
Tags: Fully Vaccinated, labour shortage, Post-COVID, Vaccination Status

Last Friday, 10 February 2022, the Australian Technical Advisory Group on Immunisation (ATAGI) released a new guidance relating to COVID-19 vaccination status. Under the new guidance, the definition of your COVID-19 vaccination status is changing from ‘fully vaccinated’ to ‘up to date’. It is said that the former term did not include booster shots so it shall be disregarded from …

03

Feb 2022

Australia Is Losing Talent Abroad, and It’s SMEs Who Are Suffering Most

By: Odyssey General, Outsourcing
Tags: labour shortage, Post-COVID

In the report released mid-December by the Australian Bureau of Statistics, it was revealed that the impact of COVID on overseas migration resulted in a net loss of 88,800 people in 2020-21 (comparing to a net gain of 241,300 people during 2018-2019 pre-pandemic). Australia is under the first phase of reopening. In this phase, allowing Australians to enter/leave the country …