The Council of Small Business Organisations Australia (COSBOA) today announced their support of the Australian Taxation Office (ATO) and the government in pursuit of those who deliberately scam the tax system. Speaking on behalf of COSBOA, Peter Strong, CEO noted the release of the tax gap for small business (12.5 per cent) and stated that… Read more »
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 »
The NSW government released a new report today from the state’s Innovation and Productivity Council (IPC) looking into the state of business there. The IPC’s Business Size Report cast its eye over more than 1.17 million businesses, from sole traders to large companies. It is based on 2015 data from the ABS BLADE and Business… Read more »
With talk of a retail downturn and big-name companies closing their doors, it is almost a surprise when a business makes it past the fifth year. For Postie Pop-Up Boutique ticking over 32 years in business was not a fluke. Their longevity boils down to something many businesses overlook – the power of relationships. Thirty-two… Read more »
Starting a small business is an empowering notion: Striking out on your own, taking control of your future, pursuing a passion. But while the rewards can be fantastic, running a business isn’t easy. From accounting and marketing to IT and human resources, small business owners have to wear numerous hats – many of which don’t… Read more »
The Andrews government has pledged $250 million dollars to establish the Victorian Business Growth Fund for the state’s small and medium-sized businesses. The aim of the fund is to provide SMEs with access to capital to create jobs to grow the Victorian economy. The Morrison government has announced an additional $50 million contribution to the… Read more »
As the Coalition gets set to commence its third term in government, Prime Minister Scott Morrison has announced his new cabinet which includes a record, seven women. Amongst those gaining a spot on the frontbench are Bridget McKenzie as the first female leader of the Agriculture portfolio, Sussan Ley, who returns to cabinet taking up… Read more »
Ahead of the federal election, a new survey from Xero has revealed an alarming disconnect between small business owners and Australian politics.
With Sensis reporting 35 per cent of small business owners are still undecided as to how they will cast their vote on May 18, the Council of Small Business Owners Australia (COSBOA) has revealed the top 20 marginal seats in the lead up to the federal election.
Payments provider Square has launched a new Square Online Store that will give small business owners the tools they need to set up their eCommerce business instantly. Square’s new product is also the first product to be fully integrated with the web building platform Weebly, giving small business owners teh ability to easily integrate ecommerce… Read more »
Small business owners are calling for action on rising energy prices as COSBOA’s Energy Summit examines what the government needs to do to address the problem. The Summit was opened by the Federal Minister for Energy, the Hon. Angus Taylor MP and Shadow Assistant Minister for Climate Change and Energy, Mr Pat Conroy MP, and the… Read more »
A survey of over 1000 small business owners by accounting solution Reckon has found more than two-thirds believe the current government is not doing enough to help small business. SMB owners cite increasing red tape, poor tax concessions and increased compliance processes as major problems that need addressing. 52 per cent of those surveyed suggest… Read more »