Blog


With June 30 fast approaching now is the time to start preparing for end of financial year. If you’re not sure where to start, keep reading for your guide to setting your budget and streamlining the tax process this financial... Read more

As you know, we love utilising the latest technology to streamline processes and provide our clients service beyond compliance. Last month, 542 Partners Director, Stu, attended the Receipt Bank Exchange Conference in sunny Port Douglas to hear from one of... Read more

Due to the recent Banking Royal Commission, borrowing money is becoming increasingly difficult. It has caused banks to tighten their lending policies which means loans are being assessed more stringently and a critical evaluation of 3 to 6 months of... Read more

If you missed the recent announcement of the 2019/20 federal budget, 542 Partners has you covered! The ‘Ballot Box’ budget is designed to showcase the return to surplus and engage voters with initiatives to make them feel like they are... Read more

The growth stage of every business, while exciting, comes with challenges. When revenue increases and more customers are putting trust in your product or service, common growing pains start to arise that businesses must tackle. Cash flow and financial... Read more

Technology plays such a vital role in business. And let’s be honest without it, you may be losing valuable time, which we all know, equals money! At 542, we love utilising the latest accounting and business technologies to save time... Read more

For a while now, the general commentary around accounting has been around the rise in data entry automation spelling the death the traditional accounting industry and signalling the new approach to accounting. Significant technological change and a shift in the... Read more

At 542 Partners, we pride ourselves on providing a holistic service offering. We use our networks to ensure our clients are delivered the very best accounting service, partnered with other services related to their business needs, such as finance. We’ve... Read more

As we enter the New Year, our friends at Xero have been hard at work making loads of planned changes to help us to even more beautiful business in 2019. Like Xero, we’re on a quest to make record keeping... Read more

If you have big plans for your business in 2019, then January is all about laying a solid foundation for the year ahead. Before you get caught in the day to day life of business, use January to review your... Read more


