{"id":32813,"date":"2022-06-22T10:07:57","date_gmt":"2022-06-22T00:07:57","guid":{"rendered":""},"modified":"2022-06-23T08:58:21","modified_gmt":"2022-06-22T22:58:21","slug":"business-update-22-june-2022","status":"publish","type":"post","link":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/","title":{"rendered":"Business Update \u2013 22 June 2022"},"content":{"rendered":"

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.<\/p>\n

What an American recession means for Australia<\/h3>\n

What exactly does it mean for Australia if the United States is headed for a recession? Sky News breaks it down here<\/a>.<\/p>\n

ASX continues to drop<\/h3>\n

Most of Australia\u2019s biggest companies continued to see major slides<\/a> in the stock market last week, with a 2.5 per cent value drop overall.<\/p>\n

Number of people involved in fake GST claim scam continues to balloon<\/h3>\n

A dozen arrest warrants have been issued for a viral tax scam that has allowed Australians to swindle over $1 billion<\/a> in fake GST refunds. The ATO has put 70,000 people on notice for the scam, which spread via Facebook and TikTok.<\/p>\n

We\u2019ve all lost $3500 on average<\/h3>\n

As interest rates rise, Australians have lost a significant amount of money<\/a> in reduced super and property values and, to a lesser extent, crypto. <\/p>\n

July 1 legal changes for businesses you need to know<\/h3>\n

A roundup of the changes coming for the new financial year can be found here<\/a>.<\/p>\n

Homes standing vacant amid severe housing shortage<\/h3>\n

Over 87,000 properties in Queensland are likely empty<\/a>, new figures from the Australian Bureau of Statistics show. The shocking number comes amid the worst housing crisis ever, with shelters packed and many renters forced out of their homes.<\/p>\n

Ministers to meet this week to address power crisis<\/h3>\n

Federal and state energy ministers will consider financial support <\/a>for small businesses facing massive gas price spikes. The power crisis has hit small and medium businesses especially hard.<\/p>\n

Government promises more help coming after minimum wage increase<\/h3>\n

Prime Minister Anthony Albanese is promising the 5.2 per cent minimum wage increase is \u201cjust the beginning.\u201d<\/a> The Fair Work Commission handed down the inflation-beating increase earlier this week.<\/p>\n

Shared equity scheme means more people will be able to buy a home<\/h3>\n

A new NSW government scheme makes homeownership more attainable for some. Single parents and older singles, as well as frontline workers like teachers, nurses and police, will be able to buy their home with just a two per cent deposit<\/a>.<\/p>\n

Some people angered over light show amid electricity crisis<\/h3>\n

The Vivid Sydney light show has been allowed to continue as-scheduled, even after politicians and regulators urged Sydney residents to conserve their electricity and switch off appliances or risk blackouts<\/a>.<\/p>\n

Get in touch<\/h3>\n

Contact us<\/a> if you have any questions or want to discuss the next steps for your business.<\/p>\n

Contact us<\/a><\/p>\n

Contact us<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for Australia What exactly does it mean for Australia if the United States is headed for a recession? Sky News breaks it down here. ASX continues to drop Most … Continued<\/a><\/p>\n","protected":false},"author":12,"featured_media":32673,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76,1],"tags":[],"acf":[],"yoast_head":"\nBusiness Update \u2013 22 June 2022 - Love Your Numbers<\/title>\n<meta name=\"description\" content=\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Update \u2013 22 June 2022 - Love Your Numbers\" \/>\n<meta property=\"og:description\" content=\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for\" \/>\n<meta property=\"og:url\" content=\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Love Your Numbers\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/loveyournumbers\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-22T00:07:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-22T22:58:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Love Your Numbers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Leanne_Berry\" \/>\n<meta name=\"twitter:site\" content=\"@Leanne_Berry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Love Your Numbers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\"},\"author\":{\"name\":\"Love Your Numbers\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/f4e3a0641431cb45a706aba04700e8f5\"},\"headline\":\"Business Update \u2013 22 June 2022\",\"datePublished\":\"2022-06-22T00:07:57+00:00\",\"dateModified\":\"2022-06-22T22:58:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/#organization\"},\"image\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg\",\"articleSection\":[\"COVID-19\",\"Firm News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\",\"url\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\",\"name\":\"Business Update \u2013 22 June 2022 - Love Your Numbers\",\"isPartOf\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg\",\"datePublished\":\"2022-06-22T00:07:57+00:00\",\"dateModified\":\"2022-06-22T22:58:21+00:00\",\"description\":\"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for\",\"breadcrumb\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage\",\"url\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg\",\"contentUrl\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg\",\"width\":750,\"height\":500,\"caption\":\"Weekly Update 1.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/loveyournumbers.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business Update \u2013 22 June 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#website\",\"url\":\"https:\/\/loveyournumbers.com.au\/\",\"name\":\"Love Your Numbers\",\"description\":\"Bookkeepers in Bathurst NSW\",\"publisher\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/loveyournumbers.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#organization\",\"name\":\"Love Your Numbers\",\"url\":\"https:\/\/loveyournumbers.com.au\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/LYN-logo-with-white-text-1.png\",\"contentUrl\":\"https:\/\/loveyournumbers.com.au\/app\/uploads\/LYN-logo-with-white-text-1.png\",\"width\":500,\"height\":189,\"caption\":\"Love Your Numbers\"},\"image\":{\"@id\":\"https:\/\/loveyournumbers.com.au\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/loveyournumbers\/\",\"https:\/\/x.com\/Leanne_Berry\",\"https:\/\/www.linkedin.com\/in\/leanneberry\/\",\"https:\/\/www.instagram.com\/leanneberry\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/f4e3a0641431cb45a706aba04700e8f5\",\"name\":\"Love Your Numbers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b06d1b99930f290d65376470ff0c946b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b06d1b99930f290d65376470ff0c946b?s=96&d=mm&r=g\",\"caption\":\"Love Your Numbers\"},\"url\":\"https:\/\/loveyournumbers.com.au\/author\/loveyournumbers\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Business Update \u2013 22 June 2022 - Love Your Numbers","description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/","og_locale":"en_US","og_type":"article","og_title":"Business Update \u2013 22 June 2022 - Love Your Numbers","og_description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for","og_url":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/","og_site_name":"Love Your Numbers","article_publisher":"https:\/\/www.facebook.com\/loveyournumbers\/","article_published_time":"2022-06-22T00:07:57+00:00","article_modified_time":"2022-06-22T22:58:21+00:00","og_image":[{"width":750,"height":500,"url":"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg","type":"image\/jpeg"}],"author":"Love Your Numbers","twitter_card":"summary_large_image","twitter_creator":"@Leanne_Berry","twitter_site":"@Leanne_Berry","twitter_misc":{"Written by":"Love Your Numbers","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#article","isPartOf":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/"},"author":{"name":"Love Your Numbers","@id":"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/f4e3a0641431cb45a706aba04700e8f5"},"headline":"Business Update \u2013 22 June 2022","datePublished":"2022-06-22T00:07:57+00:00","dateModified":"2022-06-22T22:58:21+00:00","mainEntityOfPage":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/"},"wordCount":419,"commentCount":0,"publisher":{"@id":"https:\/\/loveyournumbers.com.au\/#organization"},"image":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg","articleSection":["COVID-19","Firm News"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/","url":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/","name":"Business Update \u2013 22 June 2022 - Love Your Numbers","isPartOf":{"@id":"https:\/\/loveyournumbers.com.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage"},"image":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg","datePublished":"2022-06-22T00:07:57+00:00","dateModified":"2022-06-22T22:58:21+00:00","description":"Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What an American recession means for","breadcrumb":{"@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#primaryimage","url":"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg","contentUrl":"https:\/\/loveyournumbers.com.au\/app\/uploads\/weekly-update-1-1.jpg","width":750,"height":500,"caption":"Weekly Update 1.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/loveyournumbers.com.au\/business-update-22-june-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/loveyournumbers.com.au\/"},{"@type":"ListItem","position":2,"name":"Business Update \u2013 22 June 2022"}]},{"@type":"WebSite","@id":"https:\/\/loveyournumbers.com.au\/#website","url":"https:\/\/loveyournumbers.com.au\/","name":"Love Your Numbers","description":"Bookkeepers in Bathurst NSW","publisher":{"@id":"https:\/\/loveyournumbers.com.au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/loveyournumbers.com.au\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/loveyournumbers.com.au\/#organization","name":"Love Your Numbers","url":"https:\/\/loveyournumbers.com.au\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/loveyournumbers.com.au\/#\/schema\/logo\/image\/","url":"https:\/\/loveyournumbers.com.au\/app\/uploads\/LYN-logo-with-white-text-1.png","contentUrl":"https:\/\/loveyournumbers.com.au\/app\/uploads\/LYN-logo-with-white-text-1.png","width":500,"height":189,"caption":"Love Your Numbers"},"image":{"@id":"https:\/\/loveyournumbers.com.au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/loveyournumbers\/","https:\/\/x.com\/Leanne_Berry","https:\/\/www.linkedin.com\/in\/leanneberry\/","https:\/\/www.instagram.com\/leanneberry\/"]},{"@type":"Person","@id":"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/f4e3a0641431cb45a706aba04700e8f5","name":"Love Your Numbers","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/loveyournumbers.com.au\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b06d1b99930f290d65376470ff0c946b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b06d1b99930f290d65376470ff0c946b?s=96&d=mm&r=g","caption":"Love Your Numbers"},"url":"https:\/\/loveyournumbers.com.au\/author\/loveyournumbers\/"}]}},"_links":{"self":[{"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/posts\/32813"}],"collection":[{"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/comments?post=32813"}],"version-history":[{"count":2,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/posts\/32813\/revisions"}],"predecessor-version":[{"id":32819,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/posts\/32813\/revisions\/32819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/media\/32673"}],"wp:attachment":[{"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/media?parent=32813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/categories?post=32813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/loveyournumbers.com.au\/wp-json\/wp\/v2\/tags?post=32813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}