ASBFEO

ASBFEO Archives

profitability, contribution,

Small businesses contribute over $500 billion to the Australian economy

At $506 billion based on the 2021-22 valuation, the value of small businesses to the economy now accounts for one-third ...

ASBFEO urges celebration of World Micro, Small and Medium-sized Enterprises Day

Billson stressed that the wider community can show its support for the small-business sector by being patient and unders...

Budget measures for SMEs welcomed but confidence tempered by their “short-termism”

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson believes measures announced last night will ...

ASBFEO seeks common sense approach for seafood labelling regulations

The proposal calls for any seafood served in restaurants to be listed on a menu as Australian, imported, or mixed.

ASBFEO looking into Commonwealth procurement reforms’ effect on small business

The inquiry will determine if there are possible changes to Commonwealth procurement rules and processes that can boost ...

Big businesses urged to cut their payment times to small-business suppliers

Big businesses in the manufacturing, construction and retail trade sectors recorded the worst performance in paying thei...
self-care

ASBFEO urges small-business owners to take care of themselves

A key cause of stress for small-business owners was finding a balance between the demands of work, family and personal l...
payment code, faster payments

Large businesses commit to working on ensuring quicker payments to their SME suppliers

About 40 per cent of the requests for assistance that come into the ASBFEO's office relate to payment times.

Only one in four small businesses prepared for a disaster

The ASBFEO's Natural Disaster Preparedness and Resilience report provided some key action points to ensure the resilienc...
late payments, payment times

ASBFEO ‘appalled’ by latest payment times figures

According to the data reported to the regulator, the worst performers were big businesses in manufacturing, retail trade...