Welcome to this June edition of GSBN news.
With End of Financial Year (EOFY) sales in full swing, many of our members are working hard to finish the year on a high. Now is the perfect time to support local – whether you’re purchasing office equipment, stationary, or making larger investments in vehicles and equipment. Every local purchase helps strengthen our regional and local economy and reinforces the power of community collaboration.
And what better way to celebrate the strength and resilience of our local business community than by nominating for the 2025 Greater Shepparton SPC Business Excellence Awards?
Nominations are now open, and all businesses within the Greater Shepparton region are eligible – this includes home-based startups, farming enterprises, manufacturing, processing, trade, export operations, professional services, hospitality, education, tourism, retail, and so much more. Self-nominations are encouraged, and full details can be found on our website.
Our diversity, resilience, and entrepreneurial spirit is a superpower to be celebrated. From sole traders to major employers, the Business Excellence Awards is your chance to showcase your achievements and celebrate your contribution to our vibrant region.
Get on board, celebrate local success – and who knows, your business could be the next award winner!
Stephen Schneider
GSBN President
The 2025 Greater Shepparton SPC Business Excellence Awards are in full swing, and we’re already seeing some incredible nominations come through! These awards are a chance to celebrate the remarkable talent, innovation, excellence, and dedication across our local business community – from emerging start-ups to well-established businesses.
Award Categories & Sponsors:
We proudly acknowledge and thank our incredible sponsors who make these awards possible:
→ Apprentice / Trainee of the Year: Sponsored by Apprenticeship Support Australia
→ Best Marketing / Advertising Campaign: Sponsored by HIT FM, WIN Network, The Shepparton Adviser
→ Emerging & Micro Business of the Year: Sponsored by Greater Shepparton Business Centre
→ Excellence in Business – Professional Services: Sponsored by Shepparton BMW
→ Excellence in Business – Retail Services: Sponsored by Harvey Norman Shepparton
→ Excellence in Business – Trade Services: Sponsored by GMCU
→ Excellence in Customer Service – Professional Services: Sponsored by are-able
→ Excellence in Customer Service – Retail / Hospitality Services: Sponsored by Shepparton Club
→ Excellence in Customer Service – Trade Services: Sponsored by MB+M
→ Excellence in Export Market Development: Sponsored by GSBN
→ Excellence in Food & Agribusiness: Sponsored by Noumi
→ Excellence in Innovation: Sponsored by GSBN
→ Visitor Experience of the Year: Sponsored by Shepparton & Goulburn Valley
→ Young Professional of the Year: Sponsored by La Trobe University
We encourage all members of the Greater Shepparton community to take the time to nominate a business or individual in business who deserves recognition. Whether it’s a colleague, a local business you admire, or your own business – every nomination helps shine a light on the excellence within our region.
Nominations close on Friday 22 August 2025.
Now is the time to act – submit your nominations via the GSBN website and help celebrate the incredible stories and successes within our region!
🎟️ Gala Dinner Discounts Coming Soon! Our highly anticipated Gala Dinner will be held on Friday 24 October 2025 – and it’s set to be another spectacular night!
GSBN Members: Keep an eye on your inbox in the coming days – we will be sharing your exclusive discount codes for ticket purchases.
Let’s recognise and reward the amazing work happening in our business community each and every day.
As June 30 rapidly approaches, now is the time for business owners to get organised and ensure everything is in order before the end of the financial year (EOFY). A well-prepared EOFY not only helps you meet compliance requirements, but it also gives you a clearer picture of your financial health, highlights opportunities for growth, and sets you up for a strong start to the new financial year.
Whether you’re doing it yourself or working with a bookkeeper or accountant, this checklist will help you stay on track and reduce EOFY stress.
1. Reconcile Your Accounts
→ Review and reconcile all bank accounts, credit cards, and loan accounts.
→ Match all transactions in your accounting software to ensure accuracy.
→ Check for duplicates, unallocated payments, or unreconciled entries.
2. Review Outstanding Invoices & Data
→ Chase any overdue customer invoices.
→ Write off bad debts if necessary (consult your accountant about the tax treatment).
→ Review your terms of trade and consider tightening payment policies if late payments were a common issue.
3. Finalise Payroll & Superannuation
→ Reconcile your payroll and ensure all employee details are current.
→ Ensure all superannuation contributions for the 2024-25 financial year are paid before June 30 to claim deductions.
→ Finalise Single Touch Payroll (STP) reporting and issue Income Statements to employees via the ATO.
4. Stocktake & Asset Review
→ Conduct a stocktake and write off any obsolete, damaged, or missing inventory.
→ Review your fixed asset register. Consider writing off assets that are no longer in use or that have been disposed of.
→ Consider any new asset purchases before June 30 to take advantage of tax deductions (check with your accountant).
5. Prepare Business Activity Statements (BAS)
→ Ensure your quarterly BAS is up to date and submit your June quarter BAS in line with ATO due dates.
→ Review GST coding and classifications for all transactions.
6. Claim All Eligible Deductions
→ Gather receipts and supporting documents for all business expenses.
→ Don’t forget common deductible expenses like vehicle use, home office costs, professional memberships, software subscriptions, training and education, and marketing.
→ Consider prepaying some expenses for the next financial year to bring forward tax deductions.
7. Review & Update Your Business Plan
→ Reflect on your business performance over the past 12 months.
→ Set new goals and budgets for the 2025-26 financial year.
→ Use EOFY as an opportunity to re-evaluate your pricing structure, supplier contracts, and service offerings.
8. Talk to Your Accountant / Bookkeeper
→ Schedule a meeting to discuss tax planning strategies.
→ Understand any new tax changes or government incentives.
→ Ask for advice on optimising your structure or reducing your tax burden.
By taking the time to prepare now, you’ll make EOFY easier for yourself and your business – and avoid any last-minute surprises. If you’re not sure where to start, reach out to a local accountant or financial adviser for support.
Need help? Be sure to check out the GSBN Member Directory and connect with trusted local professionals.
Are you passionate about creating a better future for your community? The Implementing Wellbeing Leadership Program is a unique opportunity for people in the Shepparton region who want to lead positive change – no special background or prior experience is needed.
This program is designed to build a diverse network of local wellbeing leaders who are ready to learn how to use wellbeing data to influence real decision-making. As a participant, you’ll develop leadership skills and gain valuable insights into how wellbeing priorities can be embedded into everyday practices across the region.
Funded by the Gardiner Foundation and delivered in partnership with the University of Canberra and University of Southern Queensland, this program is also supported by local council and other community organisations. It’s a powerful chance to ensure community voices are heard – and that your voice is part of the future.
Apply before Monday 30 June 2025 and take the first step toward becoming a wellbeing leader!
Greater Shepparton Business Network is thrilled to partner with Greater Shepparton City Council to launch their upcoming event series, the Greater Shepparton Business Festival, running from Monday 4 August to Thursday 21 August 2025.
Following the success of last year’s Business Big Ideas Festival, the event has been rebranded to better reflect our region and broaden its reach across Greater Shepparton’s diverse business community. The 2025 festival will feature over 13 free events, covering a wide range of topics including leadership, AI, finance, branding, marketing, and more.
Designed to help local businesses learn, connect, and grow, the festival will empower business owners, entrepreneurs, and professionals with practical tools, expert insights, and valuable networking opportunities.
A launch event hosted by GSBN will be held from 5:30PM on Monday 7 July at The Aussie Hotel in Shepparton. Attendees will be amongst the first to hear about this year’s program. Registrations to attend the launch are essential and limited to 2 tickets per business.
The full program will be released on Tuesday 8 July. To register your interest and to receive the program direct to your inbox, subscribe to the Greater Shepparton Business Festival email list here – Subscribe to receive Greater Shepparton Business Festival updates.
For more information about the festival and launch event, visit Greater Shepparton Business Festival 2025 – Greater Shepparton City Council.
Greater Shepparton City Council offer a range of Grants and Funding opportunities each year to local residents, businesses, and community groups.
To view available funding, click here.
We would like to take this opportunity to extend a warm welcome to the following new local businesses to join the Greater Shepparton Business Network this last month.
Additionally, we would like to extend our gratitude to the many businesses that have renewed their memberships with us.
General Members
Ag Tech and Machine
GOTAFE
Please visit our website at www.gsbn.net.au to learn more about: Membership, Events, Training and the 2025 Greater Shepparton SPC Business Excellence Awards.
We have a range of membership options to suit your business, and our events provide networking opportunities for you and your business.
A membership can be obtained for as little as $330.00 per year, join us today!
