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  1. Small businesses secure $41m in energy grants

    have been given $41 million in grants to save on energy bills and reduce their carbon footprint, the government announced last week. The federal funding comes from the second round of the Energy Efficiency Grants for Small and Medium Sized Enterprises...

  2. Small businesses remain optimistic despite high stress, report reveals

    small businesses,” he said. According to COSBOA and CBA data, 64 per cent of small businesses reported lower profits than last year (compared to 40 per cent in 2024), six in 10 (60 per cent) reported at least occasionally not being able to pay...

  3. Small businesses pushed to pay for alternative super services

    Clearing House (SBSCH) will be switched off for all users, removing their ability to make payments and view records. Last quarterly payments due on 28 July cannot be submitted through the SBSCH, nor can tax deductions for the 2025–26 financial year....

    • Type: Article
    • Author: Carlos Tse and Naomi Neilson
    • Category: Business

  4. Small businesses not seeking accountants' advice

    than half of all surveyed businesses used an accountant or financial adviser to review their banking relationship in the last year. Ross Prosper, director of taxation and business services at Bentleys Western Australia, said SME owners who don’t seek...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  5. Small businesses need cash flow help: Xero

    small business owners with 57 per cent report feeling stress, 50 per cent anxiety and 48 per cent trouble sleeping over the last 12 months. The firm said the results reflected the findings of previous research conducted between November 2022 to February...

  6. Small businesses must focus on productivity as recession looms: MYOB

    to help them to improve and upskill themselves and their teams would assist with productivity,” Ms Fawcett said. “The last few years have shown Australia’s small and medium businesses can carry on in unprecedented times and this data shows they are...

  7. Small businesses applaud digital and skills incentives

    that will help them become more competitive and resilient. The move to legislate the measures, which were initiatives in the last budget, will enable businesses with an annual turnover under $50 million to claim for spending on technology or training...

  8. Small businesses ‘forgotten’ in domestic violence leave scheme

    Ms Boyd. Data from the ABS shows a steady upwards trend in the proportion of female business owners and managers over the last 20 years, with women now accounting for more than 35 per cent. “This is a crucial consideration for government — how do we...

  9. Small business urged to use ATO courses to learn tax, boost compliance

    for businesses to comply with their tax obligations. It comes after new Commissioner Rob Heferen issued a fresh warning last week to small businesses that continue to be over-represented in the ATO’s $50 billion book of collectable debt. Minister...

  10. Small business to remain ‘front and centre’ under Ley leadership

    focus for business is certainty and access to reliable and affordable energy while continuing on the pathway to net zero.” Last year, in an address to the CPA Albury Wodonga Branch, Ley said the value of the work that each financial service professional...

  11. Small Business Tax Concessions: Tips & Traps on Sale of Business Entities

    of their shares. Example 1 – multiple stakeholders in a large business entity Pat, Josh, Mitch and Nathan each owned 25% of Last Blast World Pty Limited, which carried on a sporting merchandise business. They were able to sell their shares in LBW to IPL...

    • Type: Article
    • Author: AustralianBiz
    • Category: Business

  12. Small business tasked to create 210,000 new jobs to stimulate economy

    released new research which shows that, while Australia was one of the fastest-recovering economies in the second half of last year, about 210,000 jobs need to be created across the small business sector by the end of 2021 to drive a full recovery. The...

  13. ​​​​Small business struggles, but financial system resilient: RBA

    profit margins have begun to decline a little in the accommodation and food industry.” The RBA left the cash rate unchanged last week at 4.1 per cent for the fourth consecutive month. However, since most small businesses used variable-rate loans, they...

  14. Small business slips on lodgement deadlines

    On-time lodgement slipped slightly for small businesses last financial year while debts owing spiked, prompting the ATO to consider new strategies to encourage compliance. In the 2016/17 financial year, 75 per cent of small businesses lodged their...

  15. Small business scam losses almost double in 2022

    Small and micro businesses lost $13.7 million to scams last year, with payment redirection scams accounting for the biggest losses, an ACCC report reveals. Total losses to scams increased 73 per cent for Australian businesses last year, jumping to...

  16. Small business revenue bounces back to pre-pandemic levels

    small business revenue rose by 5.1 per cent in February — after a 1 per cent rise in January — from 4.6 per cent last year. For February, the arts and recreation industries remain the weakest, with data recorded emerging before recent support programs...

  17. Small business restructuring: All you need to know

    not exceeding $1 million. Together with its related entities, not have adopted SBR or simplified liquidation in the last seven years. Q3: What is the role of a Small Business Restructuring Practitioner (SBRP)? An SBRP assists the business in preparing a...

    • Type: Article
    • Author: Jessie Wang, Wexted
    • Category: Business

  18. Small business resilient as sales growth slows: Xero

    from hundreds of thousands of small businesses, averaged 120 points during the period – an increase of 8 points over the last three months of 2022. “We know itʼs been a difficult start to the year for many Australian small businesses, but itʼs promising...

  19. Small Business Pulse reflects additional uptick: ASBFEO

    Enterprise Ombudsman (ASBFEO) has published the latest Small Business Pulse, reflecting an increase of 0.8 per cent for the last quarter. Ombudsman Bruce Billson said over the past 12 months, the pulse had increased 0.5 per cent and that there was “a...

  20. Small business performance hits 4-year high: Xero

    times. Jobs growth across the sector remained above 5 per cent for the second month in a row, compared with the same period last year. All industries tracked by the index — which comprises anonymous transactions executed by its users — recorded positive...

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