fbpx
Economy
  • 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 10 2019 Let’s Talk: Federal budget

    The 2019 federal budget was revealed last week, with many changes indicated for small business, and so we asked leaders in the SME world for their opinions and reactions.   As a recap, the conditional budget saw an increase in the instant asset write-off threshold to $30,000, lower tax rates and an easier tax dispute 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 What Aussie Shoppers Want: Understanding the ‘Three C’s’

    Australians have long been considered a traditional group and for good reason. Neighbours recently entered its 35th TV season and the Tim Tam is still the nation’s favourite biscuit. But in the retail sector this love affair with tradition is no more, replaced by a thirst for new and innovative experiences. Recent 451 Research, commissioned by Read More…

  • March 29 2019 How has the Eurozone debt crisis affected the US?

    The Eurozone debt crisis seems as though it is a small financial and economic implosion on the European continent. However, a ripple experienced in Europe can be a greater wave elsewhere in the world. Those in America would question whether something that affected the euro would have any impact on them, but economists are concerned that Read More…

  • July 3 2018 Vic to boost gig economy worker rights

    Protections for gig workers are set for a boost.

  • February 7 2018 How market volatility affects small business

    It’s far from a secret that macroeconomic trends can have a major impact on small businesses. Among the trends that typically has the greatest impact on these small enterprises is volatility in the market. When markets become unstable, the results can make or break the small businesses that make up the core of most economies. Read More…

  • June 5 2017 ‘Digital by default’ millennials are the most optimistic SME owners, NAB whitepaper shows

    Amongst Australia’s SME owners, millennials are not only more optimistic about the future, they are also more likely to expand their business in the near future, according to a new whitepaper from NAB.    Titled The Moments That Matter: Understanding Australian SMEs, the whitepaper reports on qualitative and quantitative research undertaken by IPSOS on behalf of Read More…

  • January 18 2017 How will the economy Impact SMEs in 2017?

    September 2016 was a mixed month for the Australian economy, and one that brought both incredible milestones and sudden, unexpected troughs. To begin with, the end of the month saw Australia complete its 100th consecutive quarter without a recession, continuing a 25-year growth streak that is the second highest in history. Given that this period Read More…

  • January 13 2017 Nearly 1 in 2 SMEs lack confidence in the Government to address relevant issues

    The SME community is divided when it comes to confidence in the Turnbull Government to address the relevant issues, according to research from a mid-tier accounting and advisory firm. Bentleys Chartered Accountants undertook a poll of 328 SMEs from across Australia and found that 45% have either low or very low expectations of the Turnbull Read More…

  • August 31 2016 SMB confidence climbs to a five year high

    Small and medium business (SMB) confidence has risen to a five-year high, largely due to an improved economic outlook, according to the latest Sensis Business Index survey. The views of 1,000 SMBS were captured by the Index, which is released by Sensis each quarter. The latest survey found that 60% of SMBS are confident while Read More…

  • August 12 2016 Three in four business owners believe the Coalition’s SME policies won’t pass: MYOB

    While a majority of business owners are pleased with the return of the Turnbull Government, only one in four (27%) are confident the SME policies the Coalition brought to the election will pass, according to new research from MYOB.    “The latest MYOB SME Snapshot confirmed that many of the policies the government took to Read More…