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Showing 1 - 10 of 598 results for "Small business"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... she is disappointed that while financial advisers continue to struggle with significant cost increases, like many small business operators, calls to the government have been disregarded. "Minister Stephen Jones has acknowledged the importance of financial ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... Chalmers said when presenting the Budget to parliament. "New help with energy bills for every household and for small business. Stronger Medicare in every community. More homes in every state and territory. More opportunities in every TAFE and University. ...

Budget 2024: $20k instant asset write-off extended

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... assets. Assets valued at $20,000 or more (which cannot be immediately deducted) can continue to be placed into the small business simplified depreciation pool and depreciated at 15% in the first income year and 30% each income year thereafter. The provisions ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... the funding model of the CSLR. Not only is it completely unfair, but it is also economically impossible for the small business financial advice sector to underwrite the failures of large listed firms. Why should financial advisers pay for the failure ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
The Australian Financial Complaints Authority (AFCA) and Compensation Scheme of Last Resort (CSLR) have signed a Memorandum of Understanding (MoU) setting out how they will work together to support a fair and efficient financial services sector. The ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... provided by the managed fund is reported on the trust income schedule," the ATO said. In addition to beneficiaries, small business owners who are trustees will also see changes when submitting their tax return. The ATO will add four capital gains tax ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... to help address margin pressures," George said. "We are making good progress on the development of our digital small business and consumer bank offer, launching in Q1 25, to lessen funding risks over the medium term by broadening the customer base and ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... we do not anticipate a major change from this strategy," she said. Next year, AMP Bank will launch a new digital small business banking offering in a bid to address funding constraints and diversify the revenue and customer base. At the AGM, shareholders ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
The Compensation Scheme of Last Resort (CSLR) today opened its doors, ready to compensate about 2000 claimants who have long waited for redress. Inaugural CSLR chief executive David Berry told a media briefing: "We look forward to supporting a number ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... have the option to pay PPL either directly or via Services Australia. He said this will make things easier for small business owners and reduce any risk of disincentives to employment. "This isn't a big ask; it's simply giving small businesses a bit ...
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