small business

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Government stimulus vital in keeping SMEs afloat: new research


New research has revealed that 72 per cent of business owners admit that Government stimulus measures have been essential in their enterprises’ survival in the face of the economic difficulties

Profits drop for 50 per cent of businesses: new research


Profits have dropped for 50 per cent of businesses this year while 55 per cent have made serious cuts to their expenses. The findings come from a survey of an independent

Melbourne re-opens as first set of lockdown restrictions eased


Melbourne re-opens, a little at least, as Premier Daniel Andrews announced the easing of some restrictions. From midnight last night hairdressers were able to open their doors, and outdoor home

The 2020 Budget delivers tax cuts and job creation incentives


The 2020 Budget is set to create jobs and rebuild Australia’s economy, says Treasurer Josh Frydenberg. “Under our plan, the economy is forecast to grow by 4¼ per cent next

On the road to Covid normal: the easing of regional Victoria’s restrictions signals hope for Melbourne too


From 11.59pm tomorrow (September 16), regional Victoria will take the third step out of COVID-19 restrictions, Premier Daniel Andrews announced today. According to the roadmap revealed last weekend, the move

Victoria’s $3bn support package a “lifeline” for business


The Victorian Chamber of Commerce and Industry has called the $3 billion support package that the Andrews Government announced on Sunday a “lifeline” for the state’s businesses, which are facing several

3 steps to successful remote working with your team


In a survey of 2,000 Australian office workers, 75 per cent of respondents agree that Covid-19 has changed the way they work for good. However, only a mere 20 per

Banks extend loan deferrals program for small business


The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has welcomed the decision by the Australian Banking Association (ABA) to extend its loan deferrals program for small businesses that

Report reveals 40% of cafes need support to stay open more than six months


A recent report reveals just how hard the turnaround is likely to be for many cafes who are looking for further support to sustain their businesses long term. The Australian Small Business

Businesses get extension for instant asset write-off


In its latest move to spur business investment, the government will extend its $150,000 instant assets write-off until the end of the year. The six-months extension, which will be legislated,