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Showing 101 - 110 of 670 results for "Small business"

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
ASIC flagged it will take a formidable role in regulating how artificial intelligence will impact the securities and corporate sectors. ASIC chair Joe Longo unveiled much of the regulator's agenda in the short term, with AI taking up a "high and important ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
BT Financial Group technical consultant Tim Howard says super contribution planning is top of mind for clients and their financial advisers this end of financial year. On a recent podcast episode, Howard told Financial Standard it's not just about ...

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... "We're going to update our regulatory frameworks, improve access to the payments system and take steps to reduce small business transaction costs," Chalmers explained. Further, he highlighted points around reducing scams, strengthening cyber-security ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... with the taxation of unrealised gains as proposed in their consultation paper released in late March, given many small business premises and farms are owned by SMSFs, this new tax could drive up their costs substantially at a time of unprecedented cost ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... businesses, starting with a tax incentive that encourages the use or upgrade of energy efficient machines. The Small Business Energy Incentive will help about 3.8 million small- and medium-sized enterprises save on their energy bills. Women continue ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... $310 million worth of tax relief for small businesses willing to do the same. Businesses writing off assets: The small business instant-asset write off has been extended for the 2023-24 financial year, allowing small businesses with an annual turnover ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... rising costs of power bills and reducing administration burdens. Federal treasurer Jim Chalmers announced that the Small Business Energy Incentive will help about 3.8 million small- and medium-sized enterprises save on their energy bills by way of a ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... about 260 firms. ASIC estimates these two tranches alone will account for more than 60% of the total consumer and small business complaints made. The remaining firms, mostly smaller entities, have until 29 February 2024 to report to ASIC. It is only ...