Talking Cents

Wage crisis explained by your small business accountants in Melbourne

After a recent survey done by a business magazine, it became evident that wages for us everyday Australian’s might be in a little crisis. Our small business accountants in Melbourne will explain to you why and why businesses need to think differently.

In order for our wages to stay consistent and on the rise in Australia, we need the corporation of all small businesses but our business accountants in Melbourne think it is time for economists or the government to speak so we can avoid this crisis.

With the speculation of wage stagnation and reductions, it is said that over 48% of small business owners will provide their workers with no pay increase and may even make cuts on peoples wages. While the rest are contemplating a minor pay increase or a generous one, there are bigger problems, which the government needs to adhere to yet our small business accountants in Melbourne’s CBD can also provide you with information on how to deal with it.

As always, our small business accountants in Melbourne are here if you have any enquiries.