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#Labor

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An overview of Liberal and Labor small business tax promises

AU Election 2022 News and Updates: Labor, Coalition, or Greens? The policies SME owners need to know Liberals pledge 400k new SMEs by 2027 if re-elected Albanese promises employment summit to discuss wages, productivity RSM Australia has identified the six key election policies affecting small businesses. As the nation gears up for the federal election […]

Loren Webb · 2 min
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No return to business tax cuts: Frydenberg

Frydenberg says tax cuts for big businesses won’t be revisited.

Gali Blacher · 2 min
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Small company tax cuts may be fast-tracked

Small Business tax cuts could be fast-tracked.

Gali Blacher · 2 min
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Blast from the past: Top news of the week

What made the headlines this week?

Gali Blacher · 2 min
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Small businesses are holding back growth to stay within the tax threshold, says MYOB CEO

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 […]

James Harkness · 2 min
Economy

SME dissatisfaction with fed govt support increases: MYOB Business Monitor survey

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 […]

James Harkness · 2 min
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Aldi and Franklins join Coles and Woolworths in milk price war

Coles and Woolworths’ milk price war, with ‘home brand’ milk varieties from both supermarkets being sold for $1 per litre as a loss leader will decimate small retailers and hurt farmers with Aldi and Franklins supermarkets also joining the war, with both lowering their milk prices to match.

David Olsen · 2 min
Legal

Paid Parental Leave – how will it affect small business?

With the arrival of 2011, employers should familiarise themselves with their obligations under the paid parental leave legislation which came into force on 1 January 2011.

Guest Author · 2 min
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Cashflow

Australian banks cry “Don’t regulate us” despite massive profits

The Australian Bankers’ Association (ABA) has come out and labeled the current debate on banking regulation in Australia spearheaded by Labor’s Wayne Swan and the Liberal’s Joe Hockey as “long on rhetoric but short on facts”.

David Olsen · 2 min
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Cashflow

Opposition to cut red tape for small business on paid parental leave

Tony Abbott’s Coalition through Bruce Billson, Shadow Minister for Small Business, Competition Policy and Consumer Affairs will introduce legislation to cut red tape and compliance burden for small business under Labor Government’s paid parental leave scheme.

David Olsen · 2 min
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Labor needs a Minister for Small Business in Cabinet: GHA

Gift and Homewares Australia (GHA) is calling on the new Labor minority Government to do its part for small business and establish a dedicated seat for the Minister for Small Business in Cabinet.

Paul Hayman · 2 min
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Gillard PM as Rob Oakeshot and Tony Windsor support Labor

Julia Gillard has become the first elected female PM after independent MP’s Rob Oakeshot and Tony Windsor threw their support behind Labor in a press conference in Canberra today.

David Olsen · 2 min
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Economy

Mining industry job ads up 30% despite Labor’s planned mining tax

Australia’s mining industry is driving an increase in job advertisements in the past six months, with job ads in the sector up almost 30 percent in the industry.

Paul Hayman · 2 min
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Economy

Wayne Swan claims Labor responsible for GDP growth

Wayne Swan claims Labor is responsible for the 3.3 percent growth in Gross Domestic Product in the National Accounts data released by the ABS today.

David Olsen · 2 min
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Telstra laughs at Tony Abbott with 20Mbps mobile broadband

Telstra has rained on Tony Abbott’s plan to supply “up to 12Mbps” broadband as a cheaper alternative to Labor’s National Broadband Network by announcing the telco has switched on 20Mbps mobile broadband across the country.

David Olsen · 2 min
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Hung Parliament bad for business and long term policy reforms

Australia’s hung Parliament after Saturday’s election has Australian businesses fearful that any compromise struck by either major party to take power will result in uncertainty and a focus on short term outcomes, not reform.

David Olsen · 2 min
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Cashflow

Credit card reforms slammed by bankers

The Australian Bankers Association has strongly criticised Labor’s “Fairer, Simpler Banking” policy on credit cards unveiled by Julia Gillard, Wayne Swan and Chris Bowen.

David Olsen · 2 min
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Labor plans online fight during election campaign

The Australian Labor Party is gearing up for an election campaign fought and won through social media, implementing a social networking and community engagement platform, called Campaign iQ.

David Olsen · 2 min
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Economy

Greens surge in support to 16 percent in latest Newspoll

The Greens have surged in support in the latest Newspoll, stripping votes from both the Labor and Liberal parties and capturing 16 percent of the primary vote to the delight of Greens leader Bob Brown.

David Olsen · 2 min
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Economy

Labor could lose if election held tomorrow: Nielsen poll

Kevin Rudd’s Labor party could lose an election held tomorrow concludes the latest Nielsen poll, with the Liberal Party equal with Labor in two party preferred figures.

David Olsen · 2 min