the Bx xCellence awards honour businesses around the globe for their outstanding work.
News

Nominate your business for the Bx Business xCellence Awards

- July 21, 2023 2 MIN READ

Nominations are open for the annual Bx Business xCellence Awards, and this year, Kochie’s Business Builders community has been invited to the party! For the past eight years, the Bx Business xCellence Awards have been shining a spotlight on the ‘best in business’ all over Australia, and for 2023, with the overseas expansion of Bx,… Read more »

Instagram Threads
News

Why an expert says you need to get started on Threads now!

- July 19, 2023 2 MIN READ

  Meta’s newly launched social media application, Threads, should be a new communications channel for small and medium-sized businesses to consider as they look to grow their marketing efforts and get ahead of the game before their rivals, says Daniel Stoten, Executive Chairman at Localsearch. Officially named ‘Threads, an Instagram app’, Meta’s text-based conversation app… Read more »

News

Online retailers brace for zero sales growth in 2023

- July 18, 2023 2 MIN READ

  Slowing consumer confidence, lowered discretionary spending, cash flow hiccups and rampant inflation is wreaking havoc on Australia’s online retail sector, with nine out of ten businesses saying they expect zero sales growth in 2023. New research from parcel delivery service CouriersPlease has revealed the extent of the issue, with retailers nationwide feeling pessimistic as… Read more »

Dry July poster by VinZero
News

How to embrace the sober trend this Dry July

- July 4, 2023 4 MIN READ

  As we’ve seen with the rise of Dry July, the sober movement is gaining momentum in Australia. Alcohol-free options have become an important inclusion at any event or hospitality venue as the number of people that are ditching the booze for non-alcoholic alternatives increases. Sobriety, teetotalism, responsible drinking– whatever you want to call it… Read more »

Calculator, cash and tax forms, EOFY
News

Small business ombudsman flags important EOFY changes

- June 29, 2023 4 MIN READ

New instant asset write-off thresholds, updated tax rules, increased superannuation payments and a rise in the minimum wage are among changes coming into effect on 1 July, says Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman. “It is essential that small business owners and managers understand these changes,” Mr Billson said. “They should… Read more »

grocery shopping online
News

Aussies switch to online shopping in droves post-pandemic

- June 15, 2023 2 MIN READ

  Research reveals one in two Aussies are expecting to do half their shopping online, despite a significant return to shopping at bricks and mortar stores post pandemic. CouriersPlease Shopping Online White Paper reveals the eCommerce boom which began during COVID lockdowns has continued, with three-quarters (73 per cent) of those surveyed saying they will… Read more »

A small business retailer is talking on the phone, she is worried about increased costs.
News

Will the rise in award rates send some retailers to the wall?

- June 5, 2023 2 MIN READ

  The Fair Work Commission’s decision to increase modern award rates by 5.75 per cent could be the last straw for many small business retailers already struggling with rising costs. Australia’s peak retail body, the Australian Retailers Association (ARA) says the wage rise, coupled with a scheduled 0.5 per cent increase in the superannuation guarantee,… Read more »

Woman in shopping mall with shopping bags
News

Aussies to spend billions at EOFY sales despite credit crunch

- May 31, 2023 2 MIN READ

  Despite cost of living pressures, Aussies are set to get the most out of the mid-year and end of financial year (EOFY) sales, with research predicting a $9.3 billion spend – an increase of $500 million from 2022. The research conducted by the Australian Retailers Association (ARA) in partnership with Roy Morgan revealed that… Read more »

Solar and wind farms
News

How you could be $20,000 better off by going green

- May 19, 2023 3 MIN READ

  CPA accountant and tax expert Coco Hou is urging businesses to speak to their accountant immediately to find out about the new tax breaks and write-offs starting in the new tax year. “Businesses need to act quickly,” recommends Hou. “There are a number of new tax write-offs coming into effect from 1 July this… Read more »

credotorwatch predicts insolvency and increased debt for many businesses
News

Trade activity surging but business outlook remains pessimistic CreditorWatch reports

- May 18, 2023 4 MIN READ

Aussie business owners are coming under increasing financial pressure despite a lift in trade conditions, according to the latest Business Risk Index report from CreditorWatch. This month’s Index shows strong trade levels throughout April, however, other leading indicators such as a rise in external administrations across almost every industry suggest a gloomy outlook for small… Read more »