News

Government invests $15billion in support of small business lending

- March 19, 2020 2 MIN READ

The Morrison Government today announced an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses. The Government’s actions will enable customers of smaller lenders to continue to access affordable credit as the world deals with the significant challenges presented by the spread of coronavirus. Small lenders… Read more »

News

Resources to help your small business manage through uncertainty

- March 17, 2020 2 MIN READ

As communities throughout the world respond to COVID-19 (coronavirus), we know that this time presents unique challenges for businesses. Here are some tips and recommendations to help you navigate this for your employees and customers, writes Derryn Webster Communications Manager Google Australia. Communicating with your customers If your hours of operation have changed, edit your Business… Read more »

Features

COVID-19: The one mistake business owners make when times get tough

- March 13, 2020 2 MIN READ

Australian business owners reeling from the double-whammy impact of the coronavirus and bushfires are more likely to fail if their sole focus is boosting customer numbers, according to business profit coach Jen Waterson. As businesses struggle to stay afloat, let alone make a profit, Waterson says looking for new customers is often the knee-jerk reaction.… Read more »

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ATO offers support to businesses affected by COVID-19

- March 12, 2020 2 MIN READ

The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief options. “We know that many businesses and communities… Read more »

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10 tips to help minimise the impact of coronavirus on your business

- March 4, 2020 3 MIN READ

Managing the impact of coronavirus is proving a particularly difficult challenge for many Australian businesses given lingering uncertainty on the duration and extent of the outbreak, says Michael Croker, Australian Tax Leader at Chartered Accountants ANZ. And while we recommend you contact your local Chartered Accountant for business advice during tough times, there are some… Read more »

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Expert warns affect of coronavirus on economy could last for years

- March 3, 2020 2 MIN READ

As the economic ripple effects of the coronavirus hit Australian businesses, leading financial and consumer law firm MyCRA Lawyers urges people to talk to their creditors as soon as possible. With the Queensland Government announcing relief measures for small to medium business in the form of a six-month deferral of payroll tax obligations, MyCRA LAwyer’s CEO Graham… Read more »

News

Ombudsman call for support for Business Growth Fund bill

- February 26, 2020 < 1 MIN READ

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has urged senators to back the Australian Business Growth Fund Bill, saying it will significantly encourage business growth and promote economic expansion. “We strongly support the investment by the Commonwealth in the Australian Business Growth Fund to provide much-needed patient capital to SMEs seeking to… Read more »