(066) The Critical Choices Facing Small & Medium Business Owners in 2025

As we charge into 2025, the challenges for Australian small and medium-sized businesses continue to grow. In this episode of The HR Cartel Podcast, host Tim Dove breaks down the key decisions business owners must make to stay ahead in an increasingly complex and high-risk environment.

From the criminalisation of wage theft to skyrocketing labour costs, stricter compliance requirements, and economic uncertainty, businesses are facing a landscape that demands proactive adaptation. Tim discusses:

• HR & IR Compliance Risks – How new laws, including wage theft criminalisation, are increasing liability for business owners.
• Rising Business Costs & Economic Pressures – The impact of labour cost increases, cash flow constraints, and supply chain disruptions.
• Workforce Strategy & Talent Retention – Addressing skill shortages, mental health risks, and flexible work challenges.
• Digital Transformation & Automation – Where technology can streamline operations and where it might not be worth the investment.
• Government & Policy Changes – How ATO debt collection, superannuation increases, and regulatory shifts could impact your business.
• Business Model Adaptation – Is your current offering still fit for the market, or is it time for a strategic shift?
• Building Business Resilience – Planning for economic downturns, protecting reputation, and ensuring financial stability.

With so much at stake, this episode provides essential insights and practical advice to help business owners navigate 2025 with confidence.

Tune in now and ensure your business is prepared for the road ahead.

For expert HR and IR support, visit www.hrcartel.com and join the HR Cartel today.