News

JobKeeper 2.0 welcomed by small business advocates

- July 22, 2020 4 MIN READ

Small business advocates have welcomed the government’s announcement of the extension of the JobKeeper scheme. Small business owners and their champions have met the announcement of JobKeeper 2.0 with appreciation, suggesting the revamped and extended scheme will allow small businesses to remain viable during the ongoing coronavirus crisis. “We know the vital role small to… Read more »

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COVID-19 is the number one worry of small business owners

- July 14, 2020 2 MIN READ

More than a third of small business owners are worried about the COVID-19 pandemic 26 per cent are most concerned with cash flow or finances. 9 per cent of businesses are worried about attracting and/or retaining customers 7 per cent are concerned they aren’t spending enough time with family. COVID-19 is the number one business-related… Read more »

News

MYOB solves time keeping issues for small business with MYOB Teams

- July 10, 2020 < 1 MIN READ

MYOB is taking the fuss out of timekeeping for small business owners with the launch of an integrated employee management tool specifically for businesses with hourly team members. The new feature will be included as part of the brand’s AccountRight product and will send time tracking data directly to the software. Features include a time-tracking… Read more »

News

JobKeeper propping up business says MYOB report

- June 25, 2020 2 MIN READ

68 per cent of small business owners say revenue is down due to the impact of COVID-19 1 in 5 small businesses were very unprepared for the pandemic to hit 26 per cent of small businesses say the impact of the epidemic will last at least a year or two 1 in 4 respondents think… Read more »

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Reducing small business owner stress top of mind for MYOB

- May 11, 2020 2 MIN READ

Alongside the negative impact to trade,  recent research by MYOB has revealed two-thirds of small business owners feel their mental health and wellbeing has also been impacted by the COVID-19 pandemic.  In response to the findings, MYOB has joined forces with mental health provider Smiling Minds to help small business owners tack control of their… Read more »

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Small businesses lagging behind in tech adoption

- December 16, 2019 < 1 MIN READ

Small business owners are lagging behind in their adoption of cloud accounting solutions according to fresh data from MYOB. 41 per cent of accountants and bookkeepers surveyed revealed more than half of their small business clients still rely on paper documentation rather than using electronic services. The accountants reported that despite the prevalence of cloud… Read more »

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Local retailers to win out with consumers this Christmas

- December 9, 2019 2 MIN READ

Campaigns such as #buyfromthebush are impacting Australians spending habits this Christmas according to a new report by MYOB. MYOB’s research shows six in ten Australians say campaigns such as the drought relief efforts are encouraging them to buy local. Moreover, 64 per cent said they would be more likely to support a bricks and mortar… Read more »

News

Government to cough up interest on late payments

- November 7, 2019 2 MIN READ

In a win for business owners, the government has announced as of January 2020 it will pay interest on electronic invoices that are paid past their due date. The move was announced by finance minister Mathias Corman who said the government would commit to paying contractor invoices up to $1 million, within five days or… Read more »