Bay Business Solutions Group

14/07/2026

Starting your own ‘side hustle’ can be an exciting project and a great way to see if your new business idea has legs in the current market.But could your side hustle actually turn a profit? And is there a demand for the product or service you're offering?Five important questions to ask yourself ...

14/07/2026

In the current economic climate, covering your operational costs and overheads can be a major challenge. Higher running costs are affecting all businesses, from large down to small. In Australia, a recent survey from Prospa shows that nearly half (46%) of SMEs have raised prices over the past three....

10/07/2026

From 1 July 2026, the minimum wage for Australian workers will increase. We explain the numbers behind the increase and the potential impact for your small business.

On 28 May 2026, the Fair Work Commission’s Expert Panel announced that National Minimum Wage and award wages will increase from 1 July 2026.This increase in basic pay is great news for Australian workers, especially during the ongoing cost-of-living crisis, with costs of fuel and basic provisions ...

10/07/2026

From 1 July 2026, thousands more businesses including accounting and professional services firms are now regulated under Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.

From 1 July 2026, thousands more businesses—including accounting and professional services firms—are now regulated under Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.This includes newly regulated sectors such as accounting, real estate, conveyancing, legal s...

08/07/2026

Are you making any of these accounting mistakes? We’ve outlined the top 5 accounting pitfalls that small business owners trip over, so you don’t have to make the same mistakes.

Starting a business can be a challenging experience, especially when it comes to managing your numbers and staying on top of your financial management.Unless you’ve got some experience in finance, the bookkeeping and accounting requirements can be quite daunting. And even with today’s helpful cl...

29/06/2026

Last Day and your chance to finalise the 2026 year!

Let’s finish strong!

26/06/2026

July 1 is more than just the start of a new financial year—it's an opportunity to start your business on the right foot.

As businesses reset for the new financial year, now is the ideal time to ensure your bookkeeping, payroll and BAS obligations are being managed accurately, efficiently and compliantly.

At Bay Business Solutions Group, we partner with businesses that want more than someone to simply "do the books."

We provide:

✅ Professional bookkeeping tailored to your business
✅ Payroll processing and compliance you can trust
✅ BAS preparation and lodgement by experienced BAS Agents
✅ Cloud accounting support and software expertise
✅ Timely financial information to help you make informed business decisions
✅ Reliable support from a team that understands Australian legislation and compliance requirements and is based in Australia 🇦🇺

Our clients value having a dedicated team that keeps them up to date with changing legislation, identifies issues before they become problems, and gives them confidence that their financial records are accurate.

Whether you're:
• Growing your business
• Spending too much time on administration
• Looking for a more proactive bookkeeping partner
• Starting the new financial year with a fresh approach..we'd love to have a conversation.

We are currently welcoming a limited number of new bookkeeping, payroll and BAS clients.

Start the new financial year with accurate records, compliant payroll and the peace of mind that your business finances are in capable hands.

📞 Contact the Bay Business Solutions Group team today to discuss how we can support your business 03 8080-9614 or email us at [email protected]



Xero MYOB

We are Australian bookkeepers supporting Australian businesses & jobs and, are based in Australia! Bay Business Solutions Group for all your GST lodgements, ATO Compliance, bookkeeping & payroll.

26/06/2026

🚨 Final Reminder: The ATO's Small Business Superannuation Clearing House (SBSCH) closes permanently on 30 June 2026.

Employers should not use the SBSCH after 23 June, as payments may take up to 4 business days to be received. Remember, it's not enough to submit a payment instruction before 30 June; the funds must arrive in the SBSCH bank account by the closure date.

Don't forget to download any contribution and payment records before 30 June, as online access will no longer be available after the service closes.

If you haven't already, now is the time to put an alternative super payment solution in place ahead of the transition to Payday Super.

ICB Australia

26/06/2026

The Fair Work Commission has announced this year’s Annual Wage Review decision.

The National Minimum Wage will increase to $1,004.90 per week or $26.44 per hour.

Minimum award wages will increase by 4.75%, provided that:
-the lowest rate in any award that applies to ongoing employment must be at least $1,004.90 per week or $26.44 per hour
- any entry-level rate that applies to the first 6 months (or less) of employment must be at least $978.10 per week or $25.74 per hour.

These increases apply from the first full pay period starting on or after 1 July 2026.

We’re working to update our pay tools and website info with the new rates. You can find more info about the minimum wage increase and subscribe to our email updates to be notified when the new rates are available here: https://www.fairwork.gov.au/about-us/workplace-laws/annual-wage-review/annual-wage-review-2026

22/06/2026

**Friendly Reminder:** The Small Business Superannuation Clearing House will cease operating from 1 July 2026.

If you're uncertain about how this change may affect your business or what action is required, please don't hesitate to contact our office. We're here to help and can guide you through the transition.

For our existing payroll clients, there's no need to worry—we have already updated the backend of your accounting software to ensure you're ready for the change.

Don’t wait until the last minuteIf you currently pay your superannuation quarterly, the Australian Taxation Office (ATO) recommends that the super payment for the January-March 2026 quarter (due 28 April 2026) be the last payment you make through the SBSCH. That way, you give yourself time to find...