3b Business management

Legal and government regulations

The laws and rules made by parliaments and governments, as well as decisions made by the courts

Employment laws and regulations

Rules that govern the relationship between employers and employees

Environmental legislation

The set of laws that aim to preserve the environment

Industry regulations

Rules that are specific to businesses within a certain industry

Council regulations

Local government rules made to govern businesses operating in a specific geographic area

Taxation requirements

Laws and rules related to tax that apply to all businesses

Wages

Regular payments of money earned by employees in exchange for work or services they complete, typically paid on a weekly, fortnightly, or monthly basis

Working conditions

The terms that an employee and employer agree to, including job responsibilities, hours of work, dress code, and leave entitlements

Unfair dismissal

Involves an employee being dismissed for an invalid or unjust reason

Dispute

A conflict between workplace participants as a result of a disagreement

Environmental legislation (duplicate – use once)

The set of laws that aim to preserve the environment

Matters of national environmental significance

Places or entities that have natural and cultural importance and are protected by the Environment Protection and Biodiversity Conservation Act 1999

Industry

A group of businesses that sell similar types of goods or services

Permit

An official, written statement that authorises a person, or a group of people, to do something

Licences

Grant a business permission to perform a certain activity

Working with Children Check

A criminal background check for individuals who are working or volunteering with children under the age of 18

Zoning

Involves dividing land into different functions, such as commercial, residential, and industrial

Heritage listed

Official protection, decided on behalf of the community, that prevents a structure from being changed or removed due to its historic or artistic significance

Tax

A compulsory payment to the government, which is used to finance the provision of public goods and services, such as courts and police services

Goods and services tax (GST)

A tax imposed on the sale and purchase of most goods and services in Australia

Tax file number (TFN)

A nine-digit number issued by the Australian Taxation Office (ATO) to individuals and businesses for taxation purposes

Australian Taxation Office (ATO)

A government agency that collects revenue for the Australian government