TOPIC
Why banks are now chasing your SME clients
Australia’s big banks and non-bank lenders have a new focus: small business. This pivot is driving competition and improving access to finance for SMEs.
Getting out: succession vs exit plans for accountants
The terms ‘succession’ and ‘exit plan’ in business carry two different meanings or perceptions, says Joanna Oakey, Managing Partner of Aspect...
Close to the bone: what insolvency accountants wish every SME owner knew
The construction industry accounted for nearly a third of businesses that entered external administration in 2022-23. Over the past few years,...
Lower threshold for reporting tax debts ‘to increase transparency’: IPA
The Institute of Public Accountants has said the government should rethink its proposal to deny deductions for the general interest charge and...
How much does small business restructuring really cost?
Saving your business doesn’t have to break the bank. The Small Business Restructuring (SBR) scheme has enabled many Australian small businesses...
IPA Demystifying Digital assets: Taxing the intangible
Key points Digital assets include cryptocurrencies, non-fungible tokens (NFTs), central bank digital currencies and security tokens. The...
Small ombudsman outlines 14-point plan to revive the sector after poor diagnosis
Key points Australia's small businesses are suffering, with just under half reporting a loss in the last tax year. Rising costs, slowing demand...
Have the Federal Government’s moves to cut small business red tape gone far enough?
However, one year on, small businesses still face growing expenses and a heavy compliance burden – from rising rents to changes in industrial...
Why are insurance premiums on the rise?
If insurance seems to be getting less affordable, you’re not alone. Premiums for car, home and home contents insurance have been on the rise —...
Five top tips for small businesses to build their brand
Key points Strong branding is based on a well-defined mission, clear value proposition and distinctive identity. Building brand credibility...
ATO to pilot new initiatives for small business
The ATO will continue its push towards a fully digitalised tax system throughout 2024-25 and roll out a number of new initiatives focused on...
