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Showing 41 - 50 of 327 results for "Small businesses"

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... more Australians need more than ever," Abood said. "While there are some positives here for advisers running small businesses, in the extension of the instant asset write-off scheme for a further year, along with energy rebates, we continue to urge the ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... government is also providing $3.5 billion in energy bill relief for all Australian households and around one million small businesses. From 1 July 2024, more than 10 million households will receive a total rebate of $300 and eligible small businesses ...

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

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
The Federal Budget has extended the $20,000 instant asset write-off by 12 months until 30 June 2025. Small businesses, with an aggregated annual turnover of less than $10 million, will continue to be able to immediately deduct the full cost of eligible ...

AFCA and CSLR sign MoU

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... ombudsman service for the financial services sector. Its external dispute resolution service helps consumers and small businesses resolve complaints with financial firms in banking and finance, investments and advice, insurance, and superannuation.

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... advisers will have to fork out about $1200 each. Berry said: "I totally appreciate that any additional costs for small businesses is not something that people would welcome." "I would highlight though that the majority of the Dixon cost is being borne ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... welcomed the proposed changes proposed in the Bill. However, he believes that this is also an opportunity to relieve small businesses from the burden of administering the scheme. According to the senator, small businesses should have the option to pay ...

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... above it could be expected that financial advice businesses will continue to trade at a premium to many other small businesses and other professional service firms of the same scale," Centurion said. "That said, while the industry has usually had favourable ...

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... The Australian Financial Complaints Authority (AFCA) received a record 102,790 complaints from consumers and small businesses unable to resolve disputes with financial firms in 2023. This marks the first time Australia's financial dispute resolution ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 million. For small businesses and primary producers, a credit facility cannot exceed $6.317 million -previously $5.425 million. These limits apply ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... clients, with high inflation rates and reduced consumer spending in some sectors are biting into the revenues of small businesses - prompting business owners to ease cash flow for their business by using their SMSFs to buy their commercial properties ...