Regulation

Ban, penalties for unfair contracts ‘essential for SMEs’

Changes to contract and consumer law are overdue safeguards against unfair companies, says ACCC

03 November 2022 • By Josh Needs

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Regulation

Millions of SMEs could lose short tax amendment window, says CA ANZ

Tighter regulations proposed by Treasury would deprive many small businesses of certainty.

13 September 2022 • By Josh Needs

Technology

Late payments and lack of payment tools threaten Australian SMEs

A recent study of 250 Australian SMEs with businesses across all industries has shown that the average business spends...

24 August 2022 • By bzTrack

Business

SMEs feeling the pinch as invoice payment times blow out

Alternative lender says debtors are taking longer to pay as access to finance gets tougher and economic conditions...

19 August 2022 • By Philip King

Business

Retain staff with employee share schemes, SMEs urged

ESS help boost company performance, attract personnel and plan succession strategies, says DMCA advisory.

17 August 2022 • By Josh Needs

Regulation

Lull in SME financial disputes could be temporary, AFCA warns

The impact of rising interest rates means the prospect of more complaints.

15 August 2022 • By Josh Needs

Technology

Cut costs, time and scams with e-invoicing, SMEs urged

The ATO will host five days of events next week to encourage adoption of the technology.

12 August 2022 • By Philip King

Business

‘Dark days loom’ for SMEs near the brink

A perfect storm of economic challenges confronts small business and it’s only a matter of time before insolvencies...

01 August 2022 • By Philip King

Tax

Little consolation for SMEs in June CPI

The below-expectation June CPI figure of 6.1 per cent does nothing to defuse concerns over rising fuel, materials and...

29 July 2022 • By Philip King

Regulation

Payment redirection scams cost SMEs $7m, warns ASIC

Small and microbusinesses were hit hardest by the swindles in 2021.

27 July 2022 • By Josh Needs

Business

Skills shortage driving SMEs to the brink, says Insolvency Australia

With supply chain problems and rising inflation, an inability to find workers is the last straw for many.

26 July 2022 • By Josh Needs

Business

Cash flow gap plagues 90% of SMEs

An average small businesses spends four months a year with more outgoings than receipts, finds report.

22 July 2022 • By Philip King

Technology

CA ANZ security hub to help SMEs after $33bn in cyber theft

Criminals are no longer trying to get in through the back door but through a laptop, says chief executive.

14 July 2022 • By Josh Needs

Business

SMEs face fines for failing to report cyber attacks

An expanded definition of critical infrastructure sectors may catch small businesses out, says RSM Australia

12 July 2022 • By Josh Needs

Business

SMEs suffering post-pandemic mental health hangover

Stress levels for small-business owners are higher now than during COVID, survey finds.

27 June 2022 • By Philip King

Business

Troubled SMEs ‘nowhere to turn’ when pandemic loan scheme ends

Without government guarantees, credit-impaired businesses will struggle to find finance, says one specialist lender.

16 June 2022 • By Philip King

Technology

Subscription overload ‘costs SMEs $1.4bn a year’

Lack of integration means software tools run in silos and hinder rather than help, says MYOB survey.

10 June 2022 • By Philip King

Business

Westpac, MYOB join hands to help SMEs bridge digital gap

Confidence has returned to small business but many remain reluctant to purchase software.

07 June 2022 • By Philip King