26

May 2022

Email security

Australian Accountants, Why You Need At Least 3 Email Addresses

By: Odyssey General, Outsourcing
Tags: Australian Accountant, australian accounting, email security, outsourcedaccounting, Outsourcing

In today’s secure environment, it’s no longer acceptable for Australian accounting firms to deploy just one email address. Indeed, Australian accounting firm owners should be deploying at least 3 email addresses. The 3 email addresses we suggest are: A public company email address A public personal email address A private personal email address Let’s get down to the reasons for …

19

May 2022

Delay of 3-5 years before immigrants, international students and seasonal workers return to pre-pandemic levels?

By: Odyssey General, Outsourcing
Tags: Australian Accountant, australian accounting, immigration, labour shortage, Offshoring, Outsourcing

Despite the Australian borders being open, there has been an unremarkable number of new immigrants flooding into Australia, with an indication that Australia might not be winning the competitive global war for talent. There are indications that there is a slowdown in offshore visa processing, with older and more experienced workers being discouraged and an out-of-date priority jobs list. There …

12

May 2022

cybersecutiry for accounting firms

How Australian Accounting Firm Owners Are Managing Cybersecurity Challenges in the Post COVID-19 World

By: Odyssey General, Outsourcing
Tags: Australian Accountant, australian accounting firm, cybersecurity, Outsourcing, Post-COVID

Impact of COVID-19 on cybersecurity The global pandemic significantly intensified fraudulent activities as many people become more vulnerable to cyber threats while working remotely. According to the Annual Cyber Threat Report 2020-21 from Australian Cyber Security Centre, there were over 67,500 cyber-attacks reported, an increase of nearly 13 per cent from the previous financial year. During the fiscal year 2020-21, …

05

May 2022

Inflation to affect wages and wage growth

We Live in Unsettling Times: Inflation To Affect Wages and Wage Growth

By: Odyssey General, Outsourcing
Tags: Australian Accountant, australian accounting, inflation, Outsourcing, wagegrowth

Headline inflation in 1Q22 rose to 5.1% and this is the highest inflation rate since 2001.  Yesterday the RBA surprised many punters by raising the interest rates by 0.25%. There is now discussion of increases in wages increases between 3 and 4 percent.   At the same time, the central forecast for 2022 is for headline inflation of around 6 …