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 […]
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 […]
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 […]
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 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 […]
Frydenberg says tax cuts for big businesses won’t be revisited.
Watchdog says the Queensland government should split its power generators.
Ombudsman says small business owners benefit from tax cuts.
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. […]
