With the news of the 2020 Federal Budget bringing forward the Coalition’s three-stage tax cut package, Payroll SaaS platforms are working to implement the new tax tables into their services for their small business customers. The Australian Taxation Office has announced that as the changes have been made part way through the income year, employers […]
The Victorian Government’s plans to release a $3 billion support package to businesses has been met with apprehension from business owners. On Sunday evening, Premier Daniel Andrews’ announced that the program of support will help businesses preserve jobs and survive the current crisis. “It is an unprecedented set of challenges that business face,” Premier Andrews […]
Rebranding can be difficult at the best of times. Companies fear losing recognition, customer retention and brand loyalty. With this in mind, rebranding during a global pandemic, when customers are far and few between? Seemingly impossible. That is what business entrepreneur Rebecca Klodinsky took on when she rebranded her swimwear company Frankii Swim to IIXIIST […]
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has called on the Victorian Government to cover the costs associated with small business closures, with tough trading restrictions to remain in place until the end of October, at the earliest. In announcing his Government’s much-anticipated steps to easing the nation’s strictest lockdown, Premier Daniel […]
The Victorian Essential Services Commission announced this week that it will introduce new mandatory requirements for energy retailers to provide “reasonable” assistance to small businesses in “financial distress” and support for residential customers. On 24 August, the commission released temporary coronavirus pandemic requirements to assist small businesses and residential customers in Victoria on top of […]
With ‘free childcare’ ending yesterday, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell says many parents – especially women – in small businesses will be faced with difficult decisions. “For small business owners – many of which are mothers – who have been working tirelessly to get back on their feet, childcare has […]
Since the launch of the government’s SME guarantee scheme for small businesses suffering from the knock-on effects of COVID, we’ve seen how important it is to provide a financial lifeline to Australia’s SMEs in the wake of the pandemic. It’s not just in the interest of business owners and their employees; now more than ever […]
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says small businesses will play a critical role in the post COVID economic recovery, calling on the federal government to establish a small business procurement panel. The panel, proposed in ASBFEO’s COVID-19 Recovery Plan, would require Government contracts with a value of up to $10 […]
Australian SMEs are concerned about the impending recession, with business confidence plummeting to new lows, according to the ‘Canary in the Coal Mine’ report released today by Prushka Fast Debt Recovery. The bi-annual survey of nearly 500 Australian small business operators revealed only 22 per cent of SMEs are confident in the state of their […]
A new Brain Power webinar series will help NSW startups and small businesses deal with workplace issues and boost their resilience during COVID-19. Launched by the Sydney Startup Hub in partnership with coaching company Vitae, The Brain Power Series provides 12 weeks of online neuroscience workshops to support people with their business growth and wellbeing. […]
