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.
Employers collectively owe $1.35bn: PwC
The estimate was revealed in a new report from global accounting and advisory firm PwC, which noted that one of the key risks facing businesses...
SMEs urged to make the switch to STP
Small employers with 19 employees or fewer are now required to start reporting through STP but ATO assistant commissioner Jason Lucchese said...
Healthy cash flow still a pipe dream for many
A My Business poll on its website over the month to 19 November asked readers, “How quickly are your invoices typically paid by your...
Struggling businesses seeking help too late
This time last year, ASIC revealed that of the 7,613 reports it had received from external administrators in the 2017–18 financial year, poor...
Victorian building developer jailed for tax fraud
Since 2012, the Australian Taxation Office (ATO) has been investigating Simon Petzierides and uncovered that he was involved in claiming more...
As bushfires rage, most SMEs are underinsured
The insurance giant polled 609 Australian SMEs in April this year as part of its report, SMEs and insurance: A pulse check on risk trends for...
Revitalising the Australian economy: Navigating the headwinds
The role of small business Small business continues to be the engine room of economic growth. The latest government statistics indicate that of...
1 in 4 SMEs predict their business will move entirely online in 3 years
According to the American Express The economy of shopping small: The future of small business report, more than a quarter of businesses (26 per...
Government seeks feedback on franchising reform
The Franchising Taskforce is seeking feedback on potential options to address concerns identified in the franchising sector, through the release...
Will fast payments be slow going?
Last week Finance Minister Mathias Cormann and Minister for Employment, Small and Family Business Michaelia Cash reiterated a promised from last...
