News

New tax breaks for small business from July 1

- July 1, 2020 2 MIN READ

It’s a new financial year and with it comes a series of tax breaks that should see small and family businesses left with more money in their pockets. In October 2018 the government passed the Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Bill which brought forward a series of tax cuts for… Read more »

News

150k instant asset write off extended to December

- June 9, 2020 2 MIN READ

Following lobbying from small business advocates and the opposition, the Morrison government has announced it will extend the $150k instant asset write-off until December 2020. Businesses making up to $500 million per year will be able to write off new assets worth up to $150,000 each under the extended scheme which was part of a… Read more »

Finance

Small businesses called to have their say on payment times

- February 21, 2020 2 MIN READ

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is encouraging small businesses to have their say on a draft law requiring big businesses to be more transparent about their payment times. Today the federal government opened consultation on the draft Payment Times Reporting Framework legislation that will require businesses with a turnover of… Read more »

News

The news you need to know, August 23, 2019

- August 23, 2019 2 MIN READ

Stay up to date with all the news that matters to small business owners with our daily news briefs. Here’s what you need to know on August 23, 2019. A new law proposed by the Government that will allow the ATO to disclose the tax debts of small business owners to credit reporting agencies is… Read more »

News

Big business put on notice for poor payment times

- February 14, 2019 < 1 MIN READ

The Minister for Small and Family Business, Michaelia Cash has put the nation’s biggest corporations on notice, following the government’s commitment to improve payment times for small businesses. 3000 of the nation’s leading corporations are being called upon to take part in a payment reporting scheme which would require them to publish how long it… Read more »

News

Michaelia Cash announces Small Business Digital Champions program

- December 12, 2018 2 MIN READ

Minister for Small and Family Business, Senator Michaelia Cash, has announced the Small Business Digital Champions project. This new government initiative will provide select small businesses from around the nation with a digital transformation valued up to $20,000. The initiative hopes to provide real-time case studies that will serve as a source of inspiration for… Read more »

News

Michaelia Cash says small business the bedrock of community

- August 30, 2018 < 1 MIN READ

Minister for Small Business, Skills and Vocational Education, Michaelia Cash has described small business as the bedrock of the community and pledged government backing to the sector whilst delivering the opening keynote at the Vodafone National Small Business Summit in Sydney this morning. Cash cited the nation’s strong economic growth and low unemployment figures as… Read more »