Today the Prime Minister Scott Morrison delivered his pre-budget speech on “arguably one of the most important” budgets since the end of the second world war. The 2020-21 budget, which will be announced next Tuesday, comes at the heels of Australia’s worst economic contraction after being hit by the global pandemic, bushfires and drought. “This […]
By David De Laine, GM, ANZ, Oracle NetSuite Most businesses budget and plan for their next fiscal period at a set time every year – whether it’s at the start of the calendar year or in the lead up to the new financial year, which for the majority of businesses, starts at the beginning of […]
The 2019 federal budget was revealed last week, with many changes indicated for small business, and so we asked leaders in the SME world for their opinions and reactions. As a recap, the conditional budget saw an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute […]
These Aussie start up founders share their thoughts on the Federal Budget reveal earlier this week, giving us an insight into how SMEs are going to be affected – the positives and the negatives. Carl Hartmann, Co-founder at ShortLyster “The part of Mr Frydenberg’s speech most relevant to the startup sector was his […]
We like what we see, but turn words into action to benefit small business MYOB commends the Federal Government for returning the budget to surplus and for highlighting the importance of small business to the economy. MYOB particularly welcomes increasing the instant asset write-off to $30,000 and raising the threshold to $50 million. One of […]
The budget, which was revealed at 7:30pm yesterday, sees an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute service for small business, as well as other conditional plans that could benefit SMEs. The new budget would mean that the instant asset write-off threshold would increase to $30,000; there […]
With the federal budget announcement later today and an election on the horizon, a national survey reveals clear expectations of what the government should prioritise for the small to medium business sector. SME Growth Index research released yesterday shows the priorities of SMEs in regards to what the new Federal Parliament should focus on – and company tax cuts was the top response. […]
Ahead of the release of the 2018-19 Federal Budget on Tuesday (8 May), Dynamic Business spoke to a cohort of startup advocates about the measures they hope to see from the Turnbull Government. In this article, the first in a two-part series, Sarah Moran (Girl Geek Academy), Beau Leese (Intersective), Mick Spencer (ONTHEGO), Bridget Loudon […]
To beat the odds in small business, the focus for the first year must absolutely be on revenue creation. Without revenue, you have no business. But how much revenue should you be aiming for? Putting together your budget is the ideal time to define your longer-term vision for the business and ask yourself how big […]
Microsoft Excel enjoys global superiority as the go to electronic spreadsheet for financial management and data collation. This status is well deserved as the business application has given in excess of 30 years of admirable and loyal service in helping companies track, forecast, analyse, and manipulate a wide range of business data. Despite its excellent […]
