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.
Businesses urged to assess viability as JobKeeper end looms
The JobKeeper scheme is scheduled to end on 28 March. Over half a million businesses have graduated from the scheme since September 2020, despite...
Court hands down first ever conviction under JobKeeper scheme
Raed Saleh was convicted at the Heidelberg Magistrates Court. In addition to the conviction, Mr Saleh was fined $3,000 and was ordered to pay...
ASBFEO reportedly hires former small business minister as ombudsman
Former small business minister Bruce Billson was named as the successor to Ms Carnell, according to a story from the Australian Financial Review....
Victorian SMEs hit by snap lockdown to be given $143m in support
The snap lockdown was announced as part of efforts to contain a COVID outbreak that began within its hotel quarantine system. Grants under the...
ATO sounds alert over new ‘alarming’ TFN scam
The new scam involves a robo-call impersonating the ATO with a pre-recorded message informing a target that their TFN has been suspended...
FWO and Safe Work reveal workplace guide for vaccine rollout
The Australian COVID vaccination program begins on Monday, 22 February, after the first 142,000 doses of the Pfizer vaccine arrived in the...
95% of deferred business loans back to repayments, reveals ABA
New data from Australia’s largest banks shows that 91 per cent of deferred loans have resumed repayments, with just 5 per cent of deferred...
Post-JobKeeper support must target viable businesses, says IPA
Speaking to Public Accountant, IPA general manager of technical policy Tony Greco said there are many overseas assistance models to draw from to...
ATO reveals revised start date of STP expansion
In an update on its website, the ATO said the Tax Commissioner has decided to proceed with a mandatory start date of 1 January 2022. The ATO...
ABS business count data doesn’t paint full picture, says CreditorWatch
The latest data from the Australian Bureau of Statistics reveals that at 30 June 2020, there were 2,422,404 actively trading businesses in the...
