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Showing 71 - 80 of 339 results for "Small businesses"

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... president Hayden Groves said that the RBA may stick to its economics, but it is not immune to political pressures as small businesses and young families with a mortgage struggle with another rate increase. "The pace of rate increases leaves the economy ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... add more pressure to some of their employers. ACCI chief executive Andrew McKellar said the lift is a "blow" to small businesses. "Today's decision will come as a hammer blow for the 260,000 small and family-owned businesses who pay minimum and award ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... them," he said. There were several winners in this year's budget, including economically disadvantaged women, small businesses and the aged care sector. For financial advisers, the budget promised several measures that will make it easier and cheaper ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... see over five million households benefit from reductions of up to $500 on their electricity bills, and eligible small businesses up to $650. Workers receiving quarterly super: Workers who are currently paid superannuation installments from their employers ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... promised to make interactions with the Australian Taxation Office quicker. "The measures will allow more time for small businesses to amend tax returns, trial ATO independent reviews of audits for an expanded population of small businesses, and reduce ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... more common where fund members are part of a private wealth group. Nearly half or 45% of SMSFs are operated by small businesses and only 30% of SMSFs are linked to individuals. Currently, there are over 1.1 million members holding an estimated total ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... breather that will help them adjust to an economic environment of high energy costs and high inflation. "With small businesses confronting an increasingly uncertain global economic outlook, this reinforces the need for a sustainable wage increase for ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... peak around Christmas," he said. "Interest rate rises are really tightening the screws for a lot of families and small businesses right around the country." He said if you combine that with global uncertainty, it's easy to see why Treasury and the ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... owners borrowing from banks has sharply risen in 2022, a new survey reveals. More than a third (36%) of Australian small businesses canvassed by CPA Australia are increasingly relying on external sources of funding, up from 27% in 2021. Half of Aussie ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... professional accounting body has suggested incentivizing small business and NFPs to access advice, digitalising small businesses and NFPs, encouraging companies to resolves solvency issues early, and managing the increase in assetless insolvencies. "The ...