News

Government to extend unsecured small business loan scheme

- July 20, 2020 2 MIN READ

The Treasurer Josh Frydenberg has announced the government will extend the range of its unsecured loan scheme to allow businesses to cope with the growing COVID-19 crisis. The existing scheme has already propped up over 15,000 small businesses, guaranteeing 50 per cent of new unsecured loans. A second phase of the scheme will be rolled… Read more »

News

Coronavirus update: energy, rent & mortgage relief as government pushes towards economic hibernation

- March 27, 2020 2 MIN READ

The government is considering putting businesses into an economic ‘hibernation’ to ensure that they aren’t left with debts and are able to resume ‘business as usual’ as soon as the coronavirus crisis is over. Finance Minister Mathias Cormann told the ABC the government was looking for a “fair and equitable” way to share the pain… Read more »

stimulus
News

Coronavirus second stimulus package not far off

- March 20, 2020 < 1 MIN READ

The treasurer Josh Frydenberg has done several rounds of interviews in the past 24 hours hinting that a second stimulus package will soon be announced. The package is likely to address the concerns of micro business owners, sole traders and households who are likely to be severely impacted by the coronavirus crisis. Speaking to ABC’s… Read more »

News

Business Growth Fund to back high growth small businesses

- November 28, 2019 2 MIN READ

Treasurer Josh Frydenberg has announced the government and major banks will be backing local business owners, with the establishment of an Australian Business Growth Fund. The government, ANZ, CBA, NAB and Westpac will each commit $100 million to the fund, while HSBC will contribute $20 million. The Australian Small Business and Family Enterprise Ombudsman (ASBFEO)… Read more »

News

The news you need to know: October 14 2019

- October 14, 2019 2 MIN READ

Get your daily dose of the news that matters to small business owners. Catch up on today’s headlines. Here’s what you need to know on Monday, October 14 2019. Banks under fire from ACCC again The ACCC will take a closer look at how banks are passing on rate cuts to customers and determining the… Read more »

News

The news you need to know: September 19 2019

- September 18, 2019 2 MIN READ

Missed today’s news? We’ve got your back. Check up on the news that matters to small business owners on Thursday, September 19, 2019. Could Australia benefit from Brexit? Australia is currently the UK’s seventh-largest trading partner, but we could soon be moving to the top of the heap with the UK Trade minister Liz Truss… Read more »

News

Deregulation taskforce to slash red tape for small business

- September 16, 2019 < 1 MIN READ

The government hopes to cut back on the barriers to small business growth by slashing regulatory red tape across a number of areas. Treasurer Josh Frydenberg has announced three areas of focus for the government’s deregulation taskforce which will reduce regulatory burdens to allow small and micro businesses to get up and running sooner. According… Read more »

News

The news you need to know: September 5 2019

- September 4, 2019 2 MIN READ

Grab your dose of the daily news as we unpack the headline stories that affect small business owners. Here’s what you need to know on Thursday, September 5 2019. Economic growth slows but it’s all good! Australia’s economic growth figures have been released for the June quarter and economic growth has slid in at a… Read more »

News

The news you need to know: September 3, 2019

- September 3, 2019 2 MIN READ

Stay up to date with all the news that matters to small business owners. Here’s what you need to know on Tuesday, September 3, 2019. Economy slows, but Treasurer predicts growth ahead Treasurer Josh Frydenberg has warned the economic growth figures for the June quarter are likely to reveal a slowdown in the economy, However,… Read more »

Finance

Tax cuts could benefit small business and solo operators

- July 5, 2019 2 MIN READ

The government’s tax cuts have passed through the Senate without amendment. From next week low-and-middle income earners with an income up to $126,000 will receive up to $1080 or $2160 for dual-income couples in annual tax cuts, with the tax relief to apply from the 2018-2019 period. In a joint statement to the press, the… Read more »