Regulation

SMEs still unaware of payment times regime, government told

CA ANZ and CPA Australia have said there has been little improvement in actual payment times and the government should...

13 May 2024 • By Christine Chen

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Technology

National AI Centre offers free AI education to SMEs

Australian small and medium businesses will now be able to access a free course in AI through TAFE NSW.

05 March 2024 • By Miranda Brownlee

Business

Government commits $41m to power SME energy relief

Businesses will be able to apply for grants of up to $25,000 to switch to more efficient equipment, saving on energy...

12 February 2024 • By Miranda Brownlee

Tax

2 in 3 SMEs benefit from instant asset write-off, survey reveals

The uncapped version of the instant asset write-off scheme was extremely popular among SMEs with the average spend...

31 January 2024 • By Miranda Brownlee

Business

SME job growth fall ‘a sign of recession-to-come’

The first decline in six months points to challenges ahead for small business, says Employment Hero.

25 January 2024 • By Philip King

Business

Insolvency data reveals ‘COVID lag’ impact on SMEs

ASIC says its FY23 statistics show many small businesses, particularly in construction, failed to recover from the...

21 December 2023 • By Philip King

Business

SME wages fall for first time in 6 months

Employment Hero calls for an end to rate hikes after payroll data showed easing pressures in the labour market.

20 December 2023 • By Christine Chen

Business

Regional SMEs ‘fret over financial health, inflation’

A “yawning financial gap” has opened up between metro small businesses and their country cousins, survey finds.

15 December 2023 • By Philip King

Business

90% of SMEs to dial back borrowing in 2024, survey finds

Higher borrowing costs and living pressures have prompted small and medium businesses to adopt a raft of conservative...

07 December 2023 • By Christine Chen

Business

SME sector running hot and cold, survey finds

The outlook of businesses in Western Australia contrasts sharply with those in Victoria, according to the ScotPac Index.

15 November 2023 • By Philip King

Business

Prosperity Advisers acquires Brisbane firm to expand SME business

Boutique firm P+Y is set to join forces with Prosperity Advisers after a year of talks.

01 November 2023 • By Christine Chen

Technology

SMEs to accept trade-offs for stronger scam protection: survey

Half of all SMEs would be willing to accept slower payment processing for greater protection from scams, NAB research...

08 September 2023 • By Miranda Brownlee

Business

Bank lending to small business leaps 28% in FY2022–23

Total outstanding credit reaches almost $600bn with loans to small business up by one-third, the ABA says.

31 August 2023 • By Philip King

Business

COVID loan repayments to place further strain on SMEs

The first phase of government-backed loans lent to businesses during COVID are due in full at the end of this year,...

31 August 2023 • By Miranda Brownlee

Business

Labour shortages a ‘significant issue’ for 1-in-3 SMEs

Supply chain issues continue to ease for SMEs, but labour shortages remain a major problem for a third of businesses,...

21 August 2023 • By Miranda Brownlee

Business

Bullying, racism, sexual harassment and overwork ‘endemic’ at EY

Review of workplace culture makes more than two dozen recommendations for change in the wake of tragic death last year.

28 July 2023 • By Philip King

Business

Over 80% of SME owners have made costly mistakes: Xero

Small business owners admitted to pivotal errors they made when starting and what they wish they did differently,...

19 July 2023 • By Josh Needs

Tax

What tax agents must tell SMEs before 30 June

With only a few days until the end of the financial year, there are three things small businesses need to know,...

29 June 2023 • By Josh Needs