The Federal Budget 2017-2018 is looming and will be revealed 7.30pm (AEST) on Tuesday 9 May 2017. In the meantime, many small business owners are left wondering what the outcome will mean for them? According to new research from MYOB, almost half of Australian small businesses aren’t confident the Budget will work in their favour. Small business owners were… Read more »
We know small business owners are desperate for some serious tax relief and it looks like there is hope on the horizon. The whole country is set to gain from more than three million small businesses having a lower tax rate, allowing them to invest more, grow more and employ more, Small Business Minister Michael McCormack… Read more »
A survey of more than 500 Australian small business owners and managers found nearly four in five (79%) of those polled support a government-backed policy to shorten the time it takes big businesses to pay small businesses. Late payments can cause major strain on small businesses, who are unable to hire more people, purchase more… Read more »
This week the Small Business Minister Michael McCormack will be heading the Small Business Roadshow which kicks off in Adelaide today. He says, “Tax cuts, reductions in red tape and levelling the playing field for small business through fairer competition policy is front and centre in a nationwide roadshow.” The roadshow begins in suburban Adelaide… Read more »
During parliament this week, changes to GST collection online were introduced as the Government delivered another boost for small business, says Small Business Minister Michael McCormack. “The Government understands that small business is the job creator in our economy,” Mr McCormack said. Small businesses across Australia have brought up issues related to online GST retail.… Read more »
The Federal Government is seeking to strengthen Australian’s competition laws and make sure that small businesses, startups and innovators are protected from bigger companies.
It is now easier for small businesses to access finance to export their products as the Federal Government has launched a new loan program.
A new study released today by local services marketplace Service Seeking shows that a majority of small businesses are reluctant to adopt technology to make their business run more efficiently and owners are falling behind the pack when it comes to paying themselves superannuation.
Seventy-seven per cent of Australians said that if the GST were to rise they would be worse off.