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.
FBT guide updated following small business turnover increase
Chapter 20 of the ATO’s Fringe benefits tax – a guide for employers has now been updated to reflect the increase of the small business entity...
1.1m casual employees left without higher pay or benefits
A study conducted by Griffith University found that as many as 1.1 million Australians are not being paid the 25 per cent loading rates, despite...
JobMaker: The criteria for making a claim for businesses
The ATO recently opened registrations for businesses ahead of the first quarterly claim period starting in February next year. Eligible...
Queensland budget lashed by industry body for lacking SME stimulus
According to Chamber of Commerce and Industry Queensland (CCIQ) economist Jack Baxter, despite increased borrowings, there was a missed...
Gender superannuation gap declines to 50%
The Household, Income and Labour Dynamics in Australia (HILDA) Survey, conducted by the Melbourne Institute for Applied Economic and Social...
450,000 businesses drop off JobKeeper
Putting it down to economic recovery and the success of its JobKeeper scheme, the government has revealed that 2 million employees are no longer...
Government releases guide to payment times reporting scheme
The Payment Times Reporting Bill 2020 passed through Parliament in September, requiring businesses with a total annual income of over $100...
Victorian government extends 10-day payment terms beyond COVID
The commitment will be part of reforms to the Victorian government’s Fair Payment Policy, with payment terms for contracts under $3 million to...
JobKeeper withdrawal to have major impact, say one-in-three businesses
Around 29 per cent of small businesses said their business will be heavily affected by the full withdrawal of JobKeeper, according to the...
Proposed change to SIS regulations not so timely, says IPA
In its submission to Treasury on the Exposure Draft of the Treasury Laws Amendment (Miscellaneous and Technical Amendments) Regulations 2020, the...
