#Sme
Small business trends to watch in 2025
Experts predict big shifts for small businesses in 2025, from new tech to evolving workforces
$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
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 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 […]
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 […]
Aussie start up founders react to the budget
These Aussie start up founders share their thoughts on the Federal Budget reveal earlier this week, giving us an insight into how SMEs are going to be affected – the positives and the negatives. Carl Hartmann, Co-founder at ShortLyster “The part of Mr Frydenberg’s speech most relevant to the startup sector was his […]
SMEs’ wish list for federal budget revealed
With the federal budget announcement later today and an election on the horizon, a national survey reveals clear expectations of what the government should prioritise for the small to medium business sector. SME Growth Index research released yesterday shows the priorities of SMEs in regards to what the new Federal Parliament should focus on – and company tax cuts was the top response. […]
How startups and SMEs can mitigate currency risk
How to lower risk.
Why international recruiting is not just for big companies
International recruiting is important for small companies too.
Why must small and medium businesses do all the heavy lifting for workplace experience?
We know that small businesses employ around 40% of Australia’s workforce, but they also play more than their fair share of taking on interns for work experience. Most interns that I speak to are getting their work experience at a small business, usually a place with fewer than 10 employees. With an increasing number of […]
SMEs trading banks for fintechs, poll suggests
Fintech and other non-bank lenders are set to overtake banks as the preferred source of growth funds for Australian SMEs, the latest Scottish Pacific SME Growth Index suggest. [Related: Let’s Talk… Fintech, FinTech Australia’s CEO steps down but will continue to help Aussie fintechs from Asia and Fintech Code of Conduct recommended by report into best-practice for SME […]
Fintech Code of Conduct recommended by report into best-practice for SME lenders
A report outlining steps being taken by fintech lenders to increase transparency and disclosure has been released by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, in partnership with FinTech Australia and theBankDoctor.org. The report, Fintech lending to small and medium sized enterprises: Improving transparency and disclosure, looks at the different approaches to […]
Seven trends SMEs should be across this year
It’s hard to believe we’re more than a month into the new year. Many corporates didn’t return to business until after Australia Day, giving the SME owners who’d been in full swing for a few weeks a great head start. To capitalise on this early advantage, here are some of the trends SME owners should […]
Government announces grants to help SMEs engage with international experts on projects
The Federal Government is now seeking applications for grants of up to $7000 to help Australian researchers and SMEs work with overseas experts to develop and commercialise their projects. According to Minister for Jobs and Innovation, Michaelia Cash, the Global Connections Fund (GCF) Priming Grants empower organisations to collaborate in the global arena, link with […]
StartupAUS calls for ‘swift translation’ of 2030 Innovation plan into ‘tangible policy action’
The Federal Government will “carefully consider” a strategy, prepared by Innovation and Science Australia (ISA), to transform Australia into a “top tier innovation nation” by 2030, Minister for Jobs and Innovation, Michaelia Cash has announced. Released this week, ISA’s Australia 2030: Prosperity Through Innovation report contains 30 recommendations for creating a high performing innovation system, […]
Five ways small businesses can survive the ‘Apocalyptic’ changes coming to Facebook
Facebook’s latest algorithm changes are being called a ‘nightmare’, even ‘apocalyptic’ for businesses and publishers. Yes, the update will make it more difficult for SMEs to reach their target audiences than previously. But we’ve been here before. And businesses will simply have to adapt their social media strategy to remain competitive. Why the changes? The […]