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Date: 01/05/2021

The month of May typically heralds a federal budget. What’s in store for businesses this year as COVID persistently and irritatingly continues to affect us with ongoing lockdowns and restrictions?

Professor Neville Norman shares his wisdom and highlights what you should think about as Budget Night edges closer.

Also this month, Greg Griffith of Family Business Australia asks if you’ve thought about your business’s succession – don’t wait too long, he warns. Workplace lawyer, Athena Koelmeyer, helps us navigate the process of laying off staff – a tough but pertinent task for many businesses post-JobKeeper.

Karen Gately asks if you’re “breadcrumbing” your staff; that is, are you leading them on with promises of promotion or bonuses but not following through? If so, she says, don’t! Mazars’ Kim Hanrick offers watchouts and ways to steer a family business through divorce. Wealth consultant Greg Keady suggests investment strategies in a low interest-rate world.

And we finish the month with consumer engagement expert Michael Solomon, on why you shouldn’t pigeonhole your clients into a particular category – the world has changed, he says, and so have we!