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.
‘Business hibernation only option to save struggling businesses’
Addressing media on Friday, Prime Minister Scott Morrison said, “Part of that plan that we will be announcing will be to seek to hibernate...
Sydney small business first to breach COVID-19 lockdown
In a stark warning to all businesses, Sydney police said a Sussex Street massage parlour has been issued a $5,000 Penalty Infringement Notice...
My Business Health updated with practical info to ease pandemic distress
Inundated with distressing stories of small businesses decimated by the ripple-effects of coronavirus, the Australian Small Business and Family...
ATO sets up one-stop shop with COVID-19 info for business
The site (ato.gov.au/coronavirus) provides easy-to-understand and detailed information about what people need to know or do in order to get...
Government announces second coronavirus stimulus package
As of Sunday, total of $189 billion is being injected into the economy by all arms of government in order to keep Australians in work and...
ACCC approves small business relief package
The ACCC granted the interim authorisation on Friday afternoon after the ABA’s application was lodged on Thursday night. “The ACCC recognises the...
Victoria takes charge with payroll tax refunds, waivers
Victoria Premier Daniel Andrews announced on Saturday that businesses with a payroll of less than $3 million will receive full payroll tax...
Over $100bn to encourage lending to SMEs
The Morrison government announced on Thursday an investment of up to $15 billion to enable smaller lenders to continue supporting Australian...
Businesses hurting from coronavirus fallout
According to a special Roy Morgan snap SMS survey of 1,148 Australian businesses, in mid-March, over 60 per cent of businesses reported being...
‘COVID-19 support should extend to all small businesses’
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has written to Prime Minister Scott Morrison, requesting support for...
