#Sme
Small business trends to watch in 2025
Experts predict big shifts for small businesses in 2025, from new tech to evolving workforces
Musk’s ‘Doge’ mission: How it could change the SME landscape
With Trump’s task force looking to reimagine economic strategies, small and medium-sized enterprises (SMEs) could be in for a game-changing shift.
Big business booms, but mum & dad firms struggle
Australia’s economic recovery is a tale of two sectors: large corporations are thriving while small businesses struggle to survive.
$5,600 per minute: The cost of downtime for SMEs
Blackouts and Power Outages Looming for Australia’s East Coast, Costing Small Businesses Up to $5,600 Per Minute
One in four young Aussies now has a small business
Gen Z Australians are starting side-hustles or small businesses, according to research released by GoDaddy
How can small businesses make AI work for them?
Here are ways AI is already being used by SMBs to improve outcomes.
E-Commerce evolution provides enhanced opportunities for SMEs
The e-commerce environment in the Asia-Pacific region continues to experience growth and dynamism.
Fintech firm BankiFi announces Australia expansion to support SMEs
UK-based technology platform BankiFi has announced its entry into the Australian Financial Services market.
A majority of Australian SMOs are unaware of changes to instant asset write-off: Officeworks report
A new study by Officeworks revealed that almost half of the Australian small business owners (49%) are unaware of the increase in the threshold for instant asset write-off.
Small business sustainability in a COVID-19 world: Australia Post and Banksia Foundation
New research by Australia Post and the Banksia Foundation looks at key issues that SMEs are facing when it comes to small business sustainability in a post-COVID world.
Five Australian startups to follow in 2020 H2
With the ongoing uncertainty caused by COVID-19, 2020 is shaping up to be one of the worst years on record economically, and Australian startups are particularly feeling the pinch as many investors withdraw funding. However, a silver lining, perhaps, is that the pandemic poses an opportunity for startups to challenge bigger businesses and to grow, adapt […]
How can SMEs meet Australia’s growing challenges?
By Anna Crabb, General Manager of B Lab Australia & New Zealand “Australia is at risk of falling into a slow decline if no action is taken”. This is the stark warning from the recently released groundbreaking Australian National Outlook report from CSIRO and NAB, which draws on leading experts and extensive data analysis to forecast […]
Five actions to supercharge your business
A new financial year plan can make all the difference for your SME It’s never-ending for business owners: if it’s not BAS time, it’s EOFY, then the cycle starts all over again. With the EOFY rush receding, July as the first month of the new financial year is a great time to take stock. Scottish […]
Single Touch Payroll (STP) now in effect for small businesses
Small business owners are encouraged to get on board with a new ‘Single Touch Payroll’ system that comes into effect from today for employers with less than 19 employees. Minister for Finance and Small Business Damien Tudehope said the NSW Government had been helping businesses prepare for Single Touch Payroll with workshops through its Business […]
New Xero report: Late payments cost small businesses $7billion a year
A new report from Xero, the global small business platform, reveals for the first time the magnitude and impact of late payments to Australian small businesses, putting the value of outstanding, late payments at $115 billion a year. The research finds that half of all trade credit invoices are paid late and that solving the […]
Why small-to-medium sized businesses should consider global cloud providers
By Lionel Legros, Asia-Pacific Director at OVH We are living in an era of cloud adoption. A 2019 study on Australia’s cloud market reveals that cloud Infrastructure-as-a-Service (IaaS) is growing considerably, with market spend expected to reach $1.3 billion by 2022. Yet despite this growth and a growing awareness of the benefits of the cloud, providers […]
The future of fintech in Agribusiness
Thought leadership byline: Sam Fitzpatrick, Agribusiness Lead, Western Union Business Solutions Agribusiness in Australia: the lay of the land Australia’s agribusiness sector is currently estimated to be worth $256 billion,[1] with the economic impact reaching communities around the country. Currently more than two thirds of agricultural commodities produced on Australian farms are exported each year, with production […]
Three questions to ask before using new tech
Byline: Michael Chetner, Head of Asia Pacific, Zoom Video Communications While small to medium sized businesses (SMBs) make an important contribution to Australia’s economy, they are constantly under pressure to stand out in a crowded and competitive marketplace. This pressure is further heightened as SMBs don’t only compete amongst themselves but have to contend against […]
Why media training is important for business leaders
Byline: Leisa Goddard, Managing Director of Adoni Media With the explosion of social media and the insatiable 24-hour news cycle, it’s more important than ever for business leaders to have the confidence and skills to make the most of every media opportunity. Too many business owners and C-suite executives don’t know what to do if […]
Australian SMEs still suffering; says broker community
The people that small business owners turn to for independent advice believe that cashflow management and access to finance are only getting harder for SME businesses. A recent poll of the finance broker community, commissioned by Apricity Finance, has demonstrated that the key challenge of cashflow continues to drive the demand for small business finance […]
Preparing for an IPO? Here are 4 things to consider in your PR strategy
Going public is a huge step for any company. Taking a company from private to public through an IPO (or ‘initial public offering’) and listing on the stock exchange is a process that can take months, or even years, of planning, preparation and execution. Amid the myriad of tasks involved in preparing for an IPO, […]
Aussie SME confidence falls on fears of slowing economy
The March Quarter 2019 Sensis Business Index, released Tuesday 7 May 2019, reveals Australian small and medium business (SMB) confidence fell significantly across the country during the first quarter of the year as concerns about the health of the economy grew. The report, which measures SMB activity, expectations and confidence over a three-month period, found […]
Ombudsman supports Business Growth Fund for high growth SMEs
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell today welcomed the announcement of an Australian Business Growth Fund, a recommendation in the ASBFEO’s Affordable Capital for SME Growth report. “Our report identified the need to address a critical funding gap for long-term, patient capital to enable our up-and-coming, high growth potential small […]
When businesses are born global
Byline: Karen Reddington, President, Asia Pacific, FedEx Express Traditionally, small businesses began in one’s backyard – selling to friends and neighbours. As these small businesses grew and ventured abroad, they would have sought out markets close by or those which were culturally similar before going beyond. But the Internet and e-commerce has made the world smaller […]