Watch: How to work smarter with your accountant

Rebecca Warren, executive general manager of small business banking at CommBank, says small businesses power Australia’s economy — they create jobs, support communities, and drive innovation. But to keep that momentum going, they need strong financial foundations. From managing cashflow to staying compliant, good accounting helps small businesses stay in control and plan for what’s next.

Angad Soin, managing director, ANZ and global chief strategy officer at Xero, answers some of the key financial metrics small businesses should keep an eye out for during tax time and shares some tools that can help time-poor businesses and sole traders.

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Speakers

Rebecca Warren, Executive General Manager Small Business Banking, CommBank

Warren leads a team that supports over one-fourth of Australian businesses and their banking needs. Australian small businesses generate one-third of the national GDP and over 40% of employment in the private sector. Warren is a strategic thinker with extensive experience in leadership, product management, and commercial decision making, and is a passionate champion of building diverse teams. 

Angad Soin, managing director, ANZ and global chief strategy officer, Xero

Soin is responsible for revenue, partner and customer engagement, and strategy across the ANZ region. In a dual role, he is also responsible for leading the development and execution of Xero’s global strategy and driving operational excellence.

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This page is intended to provide general information only and does not take into account your individual objectives, financial situation or needs. The above information is not tax advice. Taxation laws are complex and subject to change. Commonwealth Bank does not provide tax (financial) advice under the Tax Agent Services Act 2009 (Cth). You should consider seeking independent tax advice from a registered tax agent, accountant or adviser before you make any decisions based on this information.