Economy
Advocates for Australian-made products have slammed the nation’s treasurers for political cowardice after they deferred a decision on reducing the $1,000 GST low value exemption for overseas online purchases.
The most comprehensive review of competition policy in 20 years is now underway and an independent panel has been tasked with providing a final report to government within 12 months. The final terms of reference for the review and the membership of the independent review panel were released by Small Business Minister Bruce Bilson last […]
Employers have blasted the Fair Work Commission’s decision to scrap junior pay rates for 20-year-old retail workers, warning the step will hurt smaller operators. There are also claims it may further lift youth unemployment, because the pay will act as a disincentive for retailers to hire from this sector of the labour market. Executive Director […]
There is at least one sector of the small business economy which is booming.
ABS data shows the national salary gap between men and women currently sits at 17.1 per cent – a slight improvement compared to the 17.5 per cent recorded in August last year.
Australian pork producers have passed what they believe to be a ‘key milestone’ in phasing out sow stalls.
The Australian retail sector has been profoundly shaped in recent years by changing consumer demands.
New research published this month reveals the six ‘megatrends’ that are fundamentally transforming the global business environment.
Treasury has said it will not yet be publically releasing whether it will make changes to the current ESS rules.
‘Mutant’ foods, single-item restaurants and culinary-inspired travel are the trends that will shape our national eating habits this year.
As the roses given and received on Valentine’s Day now wilt, one small business owner is casting the spotlight on the sustainability of an industry.
Half of Australia’s small business owners will fall short on retirement savings, and one in four anticipate they will need to rely on the government pension in later years.
The announcement that Toyota will phase out manufacturing in Australia is a critical reminder that consumers must consider the consequences of their buying decisions.
Kicking off from Monday 17 February, Melbourne will host Business Events Week with a program of over 60 activities where the value of business events will be showcased.
The Australian job market is set for a year of confidence as most industries show signs of improvement.
A review by SEEK has shown that 63 per cent of industries in Australia have offered job seekers higher salaries in 2013, however not all industries and employees are better off. While a large proportion of industries experienced salary increases, some also incurred a decrease in the last year. The average salary advertised on SEEK […]
According to new research, New Zealand SMEs are expecting to outperform Australian SMEs across a number of key measures this year – namely in confidence, revenue expectations and sector-based growth.
Australia-wide, the ATO is now on the hunt for $17.7bn in unrecovered debt – and some 60 per cent ($10.6 billion) is owed by small businesses.
SMBs are preparing for a digital 2014 as many roll out new business models especially designed for the global marketplace.
There is no ‘one-size-fits-all’ approach to business success, however economists and trend watchers concur that some sectors have greater potential for prosperity in 2014 than others.
