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AAP Newswire

AAP Newswire - Inside Small Business

Tasmania pulls ahead of Victoria as top state

Tasmania has forged ahead as the best-performing state in the country economically as powerhouses NSW and Victoria are hardest hit by COVID.

Industry slams NSW-Vic border shutdown

Federal MPs and senators based near the NSW/Vic border have raised concerns about the impact of its closure on regional communities.

Penalty rate cuts threaten to sap workers’ wages

Penalty rate cuts of 15 per cent are due to be implemented this week for workers in the retail and pharmacy sectors making them up to $4800 p/a worse …

stimulus package

Stimulus package for SMEs affected by coronavirus

A stimulus package consisting mainly of tax incentives is set to help SMEs continue their operation in the midst of the coronavirus crisis.

platform

Bushfire-hit small businesses to have easier access to funds

Federal government promises to improve the access to grants and loans as such aid has not been reaching many bushfire-hit small businesses.

platform

Prime Minister weighs up bushfire recovery plans

The head of the government’s bushfire recovery agency said the bushfires were having a broader impact on local economies than previous disasters.

farmers

Drought plan backlash over water and small-business loans

The Morrison government is facing questions over two key elements of its drought plan – a revamped loan scheme and making water available to grow fo…

Superstream

Superannuation fees fall for the first time in six years

Superannuation fees drop as funds achieve greater economies of scale due to a growth in the assets they have under management.

Treasurer to unveil $2 billion small business finance fund

Small business finance will receive a $2 billion boost over the coming years through a new Australian Business Securitisation Fund.

farmers

Nationals call for drought support for regional small businesses

Farmers will soon feel some relief after drought support legislation cleared parliament last week.

Small business tax cuts could be closer

In light of the dumping of the plan to slash taxes for bigger companies the government is looking at bringing forward already legislated tax cuts for …

energy retailers

Small businesses “don’t trust” energy companies

A new report reveals rising energy prices are having a negative impact across the small business sector as they make it harder for SMEs to keep their …

Fair pay

Unions slam penalty rates cuts cut

“The last thing we need is for some of our hardest-working, lowest-paid workers to be dealt out penalty rates pay cuts.”

payment, payments, pay rules, payroll managers

South Australia shows the way on payroll tax

3200 SA businesses with taxable payrolls of up to $1.5 million will be exempt from payroll tax under new legislation passed this week.

NDIS

Royal Commission lawyers against more SME regulation

The royal commission has to date received more than 630 public submissions about small and medium-size enterprises.

ABC stands by investigation into ATO “targeting” small businesses

The ABC and Fairfax conducted a joint investigation into whistleblower allegations that small business and individuals have been targeted by the ATO t…

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