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.
Payment times for government contracts cut to 20 days
From 1 July, the government will pay invoices for Commonwealth government contracts under $1 million within 20 days. Moreover, the government...
Government, big business ‘failing STP obligations’
Tasmanian accountant Tony Culberg OAM said that, in reviewing his individual clients ahead of 30 June, he had identified a number of their...
Government to overhaul workplace relations system, upping protection for SMEs
A new, separate jurisdiction in the Fair Work Act could be introduced to offer greater protection for businesses. The Australian Small Business...
Employers urged to ‘just rip the band-aid off’
Employers with 19 or fewer employees are due to begin using the Single Touch Payroll (STP) reporting system to report payroll and super...
Government establishes taskforce to advise on reforms in franchising
The government has announced it has set up a franchising taskforce to examine the recommendations of the Fairness in Franchising report, which...
From 1 July small businesses have one year to file legacy complaints to AFCA
ASIC announced earlier this week, it has authorised the Australian Financial Complaints Authority (AFCA) to investigate complaints from consumers...
ATO publishes tax time tips for small business
The Australian Taxation Office (ATO) is lending a helping hand to nearly four million small businesses to get their tax right this tax time....
Businesses won’t be penalised for STP mistakes
Following My Business’ recent webcast on the rollout of STP to employers with fewer than 20 staff from 1 July this year, viewers raised a number...
Swiss alternative SME lender set to launch in Australia
Credit Suisse-backed alternative lending start-up Tradeplus24 is set to launch in Australia, after raising $173.6 million in debt and equity in...
Businesses not ready for digital payrolls
From July 1, all Australian employers will be required to report pay and superannuation information to the Australian Taxation Office in one...
