The Federal Government’s commitment to open up ICT contracts to ‘smaller players’ has received support from within the start-up community. Yesterday, Assistant Minister for Digital Transformation Angus Taylor called on the tech sector to submit feedback to the Commonwealth’s ICT Procurement Taskforce on how to make government contracts more accessible to start-ups and SMEs. […]
New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider to renew calls for federal government and big business to implement a solution. The company’s latest SME Snapshot, revealed 77% of business owners had been impacted by late payments. Notably, 35% […]
A quartet of sharing economy founders have partnered to launch Australia’s first shareconomy accelerator in Sydney. The Sharing Hub will provide entrepreneurs with education, mentorship and investment opportunities, as well as a space for collaboration and sharing ideas, with the aim being to accelerate the life cycle of shareconomy startups. To promote the growth of […]
Proposed tax rate changes, which would affect approximately 100,000 small businesses, will deliver the best “bang for buck” for the economy, accounting software provider MYOB and the Council of Small Business Australia said in a joint statement. The statement was in response to Labor’s opposition to the Federal Government’s proposal to increase the eligibility threshold for paying the lower […]
The Federal Government has encouraged businesses to submit feedback on findings from Research and development (R&D) Tax Incentive Review report, released this week Undertaken by Chair of Innovation Australia Bill Ferris, Australia’s Chief Scientist Alan Finkel and Secretary to the Treasury John Fraser, the review had the purpose of identifying opportunities to “improve the effectiveness […]
Small to medium business owners are diligent when it comes to meeting their superannuation obligations to staff but growing their personal super is ‘not top of mind’, according to Tim Reed, CEO of cloud accounting provider MYOB. He told Dynamic Business that government and big business must play a role in eliminating barriers to owners making super contributions. […]
The Census debacle last night highlights what not to do in business. At the height of a system malfunction when millions of Australians couldn’t log on to the ABS website to complete their Census the Prime Minister tweeted how easy and important it was: ‘We filled in the census tonight online – v easy to do. […]
When you’re selling to businesses or to government, you will find that most deals and contracts of significant size and value are transacted through formal processes like competitive tenders. As a result, you’ll be dealing with the customer’s procurement or purchasing department. Unfortunately, this can seem impersonal and challenging. Yet it doesn’t have to be […]
The current federal government is more popular amongst SMEs than its predecessor but an increasing number of business owners are dissatisfied with the Coalition’s support, according to the latest MYOB Business Monitor The bi-annual national survey of over 1,000 SME operators revealed that since being elected to power in September 2013, the Coalition government has […]
Tech leaders have expressed new found enthusiasm and excitement following Malcolm Turnbull’s appointment to Prime Minister this week. As a founding director of Australia’s first internet company, OzEmail, Mr Turnbull’s credentials and acumen are expected to deliver a boost to tech start ups across Australia. “He understands the challenges we face in regard to tech disruption […]
