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  • April 26 2019 Morrison: Interest rate cut up to RBA

    Prime Minister Scott Morrison won’t be drawn on a possible interest rate cut by the Reserve Bank, saying any reduction is a decision for the independent central bank. Financial markets see an increased likelihood of a cut in the 1.5 per cent cash rate after inflation figures released this week showed the annual rate unexpectedly Read More…

  • April 24 2019 Aussies want better online experience before they shop outside their comfort zone

    Before venturing outside of their comfort zones and purchasing from a new category online, Aussies want a better overall experience from online retailers. More than 40% of online shoppers have never purchased appliances, jewellery and hardware online 60% want cheaper shipping and returns if they are to purchase from new categories online 56% want to Read More…

  • April 23 2019 National research reveals SMEs’ top five funding frustrations

    Around 9 out of 10 Australian SMEs are frustrated about their business funding, naming onerous loan conditions, having to provide property security and a lack of flexibility as their major concerns. These are the findings of the latest SME Growth Index, conducted independently by banking market analysts East & Partners, on behalf of national working capital Read More…

  • April 17 2019 Federal Election is no Easter treat for Australia’s small business community

    Australia’s small to medium enterprises (SMEs) are bracing for a double whammy of disruption from the back-to-back Easter/Anzac Day public holidays coupled with a Federal election. 59% of SMEs say major political events such as elections have impacted their business in the past. 27% of SMEs expect the 2019 Easter/Anzac holiday period to negatively impact Read More…

  • April 17 2019 Dulux shares soar on $3.8bn Nippon offer

    By: Alex Druce Source: AAP Japanese paint giant Nippon has made a $3.8 billion offer for Australian company DuluxGroup. Shares in DuluxGroup have soared more than 27 per cent to a record high after its board backed a $3.8 billion acquisition proposal by Japanese paint giant Nippon. The Australian paint and homeware company recommended on Wednesday its Read More…

  • April 15 2019 Banks rejecting SMEs for finance

    The challenge of securing bank finance is seeing a growing number of small and medium enterprises (SMEs) turn to online lenders. One in four SMEs have been knocked back for bank finance Among SMEs rejected by a bank, one in three have turned to family/friends or a credit card for funding Of those SMEs that Read More…

  • April 9 2019 Unnecessary and complicated compliance draining small businesses

    Small business council (COSBOA) launches ‘Fair to Small Business, Good for Everyone’ campaign With the Federal election looming, the Council of Small Business Organisations Australia (COSBOA) has launched a campaign; Fair to Small Business, Good for Everyone, which is calling for Governments to employ sensible policies to help small business people to get back to Read More…

  • April 4 2019 Aussie start up founders react to the budget

    These Aussie start up founders share their thoughts on the Federal Budget reveal earlier this week, giving us an insight into how SMEs are going to be affected – the positives and the negatives.     Carl Hartmann, Co-founder at ShortLyster “The part of Mr Frydenberg’s speech most relevant to the startup sector was his Read More…

  • April 3 2019 CEO of MYOB commends budget as long as action is taken

    We like what we see, but turn words into action to benefit small business MYOB commends the Federal Government for returning the budget to surplus and for highlighting the importance of small business to the economy. MYOB particularly welcomes increasing the instant asset write-off to $30,000 and raising the threshold to $50 million. One of Read More…

  • April 3 2019 Federal budget 2019: A summary for SMEs

    The budget, which was revealed at 7:30pm yesterday, sees an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute service for small business, as well as other conditional plans that could benefit SMEs. The new budget would mean that the instant asset write-off threshold would increase to $30,000; there Read More…

  • April 2 2019 SMEs’ wish list for federal budget revealed 

    With the federal budget announcement later today and an election on the horizon, a national survey reveals clear expectations of what the government should prioritise for the small to medium business sector. SME Growth Index research released yesterday shows the priorities of SMEs in regards to what the new Federal Parliament should focus on –  and company tax cuts was the top response. Read More…

  • April 2 2019 Pre-budget commentary from Sam Allert, Reckon Group CEO

    Sam Allert, Reckon Group CEO, shares his thoughts on the impacts of the expected federal budget announcement this evening.  General Outlook “Our survey uncovered that 65 per cent of small business owners do not believe this year’s Federal Budget will deliver positive change for their business, suggesting that they have been disappointed by budget announcements in the past. “As a result, many are Read More…

  • April 2 2019 Xero’s Small Business Insights shares key small business findings

    The accounting app Xero share their Small Business Insights with us to shed light on what small businesses should be aware of, which is now made especially relevant with the federal budget announcement later today. The anonymous and aggregated data is collected monthly from hundreds of thousands of Xero’s Australian subscribers through the Xero platform. Read More…

  • April 2 2019 Meet YQueue: the new competition for Uber Eats and Deliveroo

    A new food ordering app called YQueue is set to launch on the Gold Coast in May. The recent start up has seen a successful first launch in Singapore and now the founder George Lim looks to recreate that success in Australia. YQueue has been designed with the local food and beverage merchants in mind, Read More…

  • March 26 2019 Female investors support One Roof’s expansion in Melbourne

    Female only co-working space One Roof has secured investment from female investors to secure their next premise in Melbourne. Sheree Rubinstein, CEO of One Roof, set up the company with the inspiration to help women succeed in business and address the gender gap in entrepreneurship. After major success as a simple pop-up using an Airbnb Read More…

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