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5 Smart Tech Moves to Start the New Financial Year Strong

5 Smart Tech Moves to Start the New Financial Year Strong

1st July 2025

As the new financial year kicks off, it’s the perfect time to audit what’s working (and what’s not), upgrade where it counts, and get your business tech in shape for the year ahead. Here's your roadmap with five actionable steps to help you start strong – with some eye-opening stats and tips from us.

1. Audit your IT spend: what did it really deliver?

Australian IT investment is rising, with a predicted 8.7% increase in 2025 and total spend reaching $146.8 billion. But are all those dollars actually working hard?

Too many businesses still operate in break/fix mode – where the IT guy only shows up after something breaks, and the invoice follows. Sound familiar?

What to do about it:

Review your P&L for last financial year. What did your IT investment actually deliver?
Move to a fixed-price Managed IT service that gives you proactive support — no surprise bills.
Set up quarterly reviews to track your IT investment throughout the year.

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2. Don't become a stat. Prioritise cyber security.

Cyber attacks on Aussie small businesses rose 8% last year, with the average cost of a breach sitting at $49,600. That’s a kick to the guts for any small or medium business.

And an even bigger kicker? 94% of businesses experienced at least one cyber incident in 2024, up from 64% just five years ago.

The big problem? Many SMBs don’t have a dedicated cyber plan – whether it’s due to time, resources, or not knowing where to start.

What to do about it:

Get proactive threat monitoring & incident response in place
Train your team to spot phishing attempts and other cyber risks
For the most robust solution, don’t DIY security – get a Managed IT provider with robust, layered protection (like our CyberGuard solution).

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3. Upgrade tools that could be holding you back

Tech that’s past its use-by date isn’t just annoying — it’s expensive.

Old-school phone systems, dodgy backups, slow Wi-Fi, unreliable printers, long hold times with big telcos... it all adds up to lost time, team frustration, and big gaps in your business continuity when (not if!) things go wrong.

What to do about it:

First step: get a tech audit from a professional IT company, so you actually you understand the potential shortcomings with your current tech set up. This is a case where ignorance is NOT bliss!

Among other things, these upgrades can include:

Upgrading to a modern vOIP system like 3CX for flexible, cost-effective comms
Setting up a Business Continuity & Disaster Recovery system, which is the best insurance against data disasters
Adopting tools that securely support remote work and collaboration

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4. Make IT a strategic investment, not an expense.

It’s time to flip the mindset.

When IT is viewed as just another line item, it gets neglected — and that’s when things go wrong. But when you treat it as a strategic tool, it drives performance, scalability, and happy staff.

What to do about it:

Chat with a Managed IT provider who can assess your needs — no cookie-cutter plans
Align your IT to business goals with a vCIO service
Get support that’s local, fast and real (not a bot or someone halfway across the globe)