Chalmers: Surplus still the target, small business tax rate unlikely to change in federal budget
Australia's company tax rate is unlikely to change in the upcoming federal budget, says Treasurer Jim Chalmers, suggesting a combination of targeted tax breaks and incentives will anchor the economic blueprint.
Opinion: A proactive industry policy will boost SME resilience and profitability
In addition to governmental policy shifts, it's imperative for the Australian business community as a whole to adopt more proactive and strategic approaches.
Is the Future Made in Australia Act a gamechanger?
Labor has just announced a major new industrial policy – the Future Made in Australia Act – that will break with Canberra’s historical aversion to large-scale economic intervention.
Rod Sims: New reforms will add commercial common sense into merger laws
The merger reforms reflect a healthy approach to increased competition in our economy which will benefit consumers, most businesses, and the wider economy, writes Rod Sims.
China may have removed tariffs on Australian wine but its market is no longer the same
China has finally ended its tariffs on Australian wine, which had been imposed for more than three years at rates as high as 218.4%. But while we’ve been away, things have changed in the Chinese wine market.
Europe is considering 30-day maximum payment times for SMEs. Here’s why Australia says no
The European Union is taking a vastly different approach to Australian lawmakers, arguing a hard 30-day time limit on invoice payments is the way to protect small businesses.
Loyalty programs should encourage competition. The reality may be the opposite
Loyalty programs enable firms to offer significantly lower prices to some of their customers. You’d think this would encourage strong competition. But that isn’t always what actually happens.
NSW government procurement practices ‘killing’ small businesses
A $367 billion infrastructure pipeline is at risk due to government practices that are "killing" small to medium businesses, civil contractors representing 40,000 workers say.
Insolvencies are sky-high, but the NSW Small Business Commissioner fears policymakers aren’t taking note
NSW Small Business Commissioner says despite sky-high insolvencies, he fears “the voice of small business” is often overlooked or ignored.
Small businesses should get more of the $70 billion procurement pie: Pocock
Senator Pocock said a message he regularly hears from small businesses is that they want to be suppliers to the government rather than recipients of government grants.
Minimum wage hike could force many small businesses to shutter: Opposition
Small businesses could be forced to shutter if Australians on minimum and award wages receive a pay rise, the opposition has warned.
Tax cuts will be in addition to FWC’s minimum wage decision: Chalmers
Tax cuts are not a substitute for much-needed wage boosts and Australia's lowest-paid workers cannot have their pay go backwards during a cost of living crisis, the Treasurer says.