#Government
How Australian SMEs can prepare for stricter critical infrastructure regulations
The Government has changed the rules surrounding critical infrastructure assets and SMEs need to ensure they are compliant.
Second round of government’s travel agent support program to provide $130 million
The federal government has launched its $130 million support package for Australian travel agents, inbound tour operators and tour wholesalers.
Let’s Talk: The end of JobKeeper and what it could mean for your business
With JobKeeper reaching its end, Let’s Talk about what this big change could mean for businesses around Australia…
What Australian businesses need to know about the crackdown on plastic packaging
Let’s take a closer look at the Australasian Recycling Label and the phase out of single-use plastic packaging…
Morrison government announces second round of the Boosting Female Founders Initiative
The federal government has launched a new $11.6 million funding round under the Boosting Female Founders Initiative that will support female entrepreneurs.
Why government must increase digital focus in small business sector
One year into the pandemic, it’s clear that real opportunity lies in more carefully targeting financial support. We need to see more mutual partnerships where governments reward small businesses that take active steps to help themselves.
If Google leaves Australia, Bing is ready to move in
Bing is currently the second most used search engine in Australia – although it only has 3.6% of the market share while Google holds 95%.
COVID-19 Restrictions to ease across Sydney; here are the changes
More guests per household, no compulsory mask-wearing at retail venues, eased restrictions on the square metres spacing rule, and more…
What the government changes to JobKeeper mean for business owners
The government has released more detail about the much-anticipated changes to the JobKeeper program. In a press conference, the Prime Minister, the Hon Scott Morrison and the Treasurer, the Hon Josh Frydenberg announced a new and more targeted version of the JobKeeper program will commence from October 2020. The changes will take effect from 28 […]
‘Zombie businesses’ big future problem
With speculation that hundreds of businesses – dubbed ‘zombie businesses’ – are being propped up by Government stimulus and will potentially fold in September, new figures suggest that the problem could we bigger than we anticipate. New research reveals: 62 per cent of SME business owners have been on the brink of folding their businesses […]
Let’s Talk: Opinion on the government’s stimulus packages
During the crisis, the government has unveiled many stimulus packages to support businesses and sustain the economy, including the JobKeeper payment, the early release of superannuation and the halting of property evictions. In dealing with this highly unprecedented event of a pandemic, the Australian government has had to quickly guide all states and territories through potential economy failure and […]
Stimulus package 2.0: What does the $66 billion package mean?
Yesterday the prime minister Scott Morrison announced a second stimulus package of $66 billion to help the economy survive the impacts of the COVID-19 outbreak. The federal parliament could sit for just one day today to pass the government’s stimulus measures as quickly as possible, before members of parliaments reduce meetings for social distancing purposes. […]
Minimum wage increases by $21.60 a week
The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]
Changes to Scott Morrison’s cabinet
Prime Minister Scott’s Morrison’s new cabinet and broader ministry was sworn in on Wednesday at Government House in Canberra. Here are the key changes in the Morrison government: – Bridget McKenzie is Australia’s first female Agriculture Minister – Sussan Ley moves back into cabinet as environment minister, replacing Melissa Price – Ken Wyatt moves into cabinet […]
Tax cuts new financial year cut-off
Australia’s tax agency says it can retrospectively deliver tax cuts if the coalition’s proposal doesn’t pass through parliament before the end of the financial year. But it remains to be seen if the tax cuts will pass parliament, with key crossbench senators still to pledge their support for the plan. Government senator Zed Seselja is […]
NSW economy retains pole position
Consistent strength across the board sees NSW retain pole position according to CommSec’s latest State of the States report released today. Of the key economic indicators considered in the report – including economic growth, retail spending, and unemployment – NSW is consistently strong, ranking second in seven of the eight indicators. Treasurer Dominic Perrottet said […]
Pre-budget commentary from Sam Allert, Reckon Group CEO
Sam Allert, Reckon Group CEO, shares his thoughts on the impacts of the expected federal budget announcement this evening. General Outlook “Our survey uncovered that 65 per cent of small business owners do not believe this year’s Federal Budget will deliver positive change for their business, suggesting that they have been disappointed by budget announcements in the past. “As a result, many are […]
Businesses are missing out on government tender opportunities
Businesses are losing out on lucrative projects as they are not submitting for work through government tenders. In particular it is SMEs that are not recognising the ongoing opportunities for business projects, and these opportunities span across all industries and sectors. “There is a broad range of work available from maintenance, marketing, to building and […]
No return to business tax cuts: Frydenberg
Frydenberg says tax cuts for big businesses won’t be revisited.
Analysts say new PM Scott Morrison is ‘good’ for economy
Australia gets new Prime Minister.
Split assets to cut Qld power bills: ACCC
Watchdog says the Queensland government should split its power generators.
Majority of small business owners to benefit from 1 July tax cuts
Ombudsman says small business owners benefit from tax cuts.
New Deputy PM Michael McCormack pushing for cabinet to reabsorb small business ministry
Former Small Business Minister Michael McCormack has been sworn in as the Deputy PM, having secured the leadership of the Nationals in the wake of Barnaby Joyce’s resignation. According to Fairfax, McCormack has signalled he will seek to reverse the Turnbull Government’s decision to move the small business ministry to the cabinet in 2015. […]
Fed Govt introduces legislation to ensure multinationals pay the right amount of tax
The Federal Government is acting to improve the integrity and operation of the business tax system by introducing legislation to close loopholes in the tax consolidation regime that create unintended tax outcomes, Minister for Revenue and Financial Services, Kelly O’Dwyer has announced. According to Minister O’Dwyer, the tax consolidation regime, in allowing wholly-owned corporate groups […]