Cashflow

In order for a taxpayer to be considered a “share trader”, a person must establish that the share trading activities constitute the carrying on of a business.

Cash and cheques are almost extinct as tools of commerce among small to medium size businesses, with credit cards and electronic transactions now the norm according to survey of Australian SMEs.

Feeling uneasy about where your business is at financially as the New Year approaches? It’s that time of year again: the last 12 months of dodgy financial decisions come to a head as the Christmas bills start to roll in and the January expenses make their mark on the horizon.

A comprehensive survey of Australia’s small and mid-sized businesses has found owners and operators are increasingly turning to personal credit, loans from friends and family, and savings as a means of plugging cash flow gaps.

Credit unions and building societies have welcomed the Federal Government’s banking reform package as “a good step towards more bank competition”.

Inshoring, offshoring, nearshoring? What does it all mean for your business?

Following the announcement of the appointment of an administrator, a contract of sale has now been entered into for the purchase of the business of the franchisor of the Souvlakihut network.

Interest rates were held at 4.75 percent by the Reserve Bank of Australia on the back of rising concerns about the European sovereign debt crisis despite wage pressures from the shortage of skilled labour on the back of a 33.2 percent increase in job ads over the last year.

Paypal scam emails are doing the rounds of Australian small businesses with scammers seeking to gain your PayPal login details to take money from the PayPal account you use for business.

Kogan CEO Ruslan Kogan unveiled LivePrice, an innovative pricing model that offers customers savings if they buy their product earlier in the production process, helping Kogan’s cash flow, and saving customers money if they can pre-order early in the production cycle.

Mixing family with business can be a complicated process, particularly when it comes to the transfer of business ownership to children.

National Australia Bank’s payment problems over the last week have Australian retailers proposing legal action against in the form of a national class action to recover the loses incurred due to the bank’s failures over the last week, such legal action is unlikely to be successful however.

National Australia Bank’s payment problems over the last week have Australian retailers up in arms proposing legal action against NAB in the form of a national class action to recover the loses incurred due to the bank’s failures over the last week.

National Australia Bank has reportedly resolved the bank’s problems processing customer payments and transactions from last week, with payments that both business and personal banking customers were waiting for from last week reportedly appearing in bank accounts this morning.

National Australia Bank has issued a further follow up statement over the bank’s problems processing customer payments and transactions over the last two nights, with payments from Wednesday night now processed but flow on effects still delaying payments made yesterday according to a statement NAB issued this morning.

National Australia Bank has issued a follow up statement that the banks problems processing customer payments and transactions over the last two nights should now be resolved, with no further delays to EFTPOS, ATM and other electronic payments expected by the bank past this morning.

Two thirds of Australians are planning to spend less on gifts, sale shopping and family entertainment this Christmas, according to a new survey by finance comparison website Mozo.com.au.

National Australia Bank has issued a statement that the bank has had problems processing customer payments and transactions overnight, with this possibly causing delays to EFTPOS, ATM and other electronic payments today.

Saasu is taking the fight to Xero and MYOB in the online accounting software market with the launch of a new version of its most popular product, Saasu ‘Accountants Edition’.

The NSW Government has helped a Sydney legal services technology company secure a major investment partner, Treasurer and Minister for State and Regional Development Eric Roozendaal today said.