Woolworths has threatened Mitre 10 with the Australian Competition & Consumer Commission after the home improvement retailer allegedly invited up to 20 of Home Timber & Hardware’s best performing franchisees to the Metcash-owned hardware business’ annual expo.

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As the saying goes, you don’t know what you don’t know. But in business, not knowing can cost you dearly. James Henderson, from accounting firm HLB Mann Judd, looks at the best ways to protect your business.

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Let’s talk about tax and spending. Are we being premature? Have you checked your calendar? June 30 isn’t that far away. Clive Barrett First Class Accounts Bookkeeping executive chairman says the traditionally quieter start of the calendar year is the perfect time to begin preparing for tax time and take a hard look at expenses and devise methods to reign in over-spending.

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