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Showing 121 - 130 of 686 results for "Small business"

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 ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... that are providing advice. That's just not the reality of the advice market. Now, it is a highly fragmented small business market," he said. HoganSprowles, Cipriani and Rouse did not respond to requests for comments.

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... group has a higher rate of non-lodgement and loans to related parties for those funds with members operating a small business. "There also appears to be a higher proportion of individuals entering the system for the purpose of illegally accessing their ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... universities Harvard and Stanford in 1984, the search fund model supports entrepreneurs in purchasing a single small business by kicking off a capital-raising process where around $500,000 to $700,000 is initially secured to begin the search for a business. ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
As the Reserve Bank of Australia (RBA) kept the cash rate at 3.60% in April, most economists warn Australians not to rule out further increases throughout the year. Mortgage holders breathed a sigh of relief yesterday afternoon when RBA governor Philip ...