Perfect storm of economic headwinds signal turbulent summer ahead for small businesses
Rising interest rates, winding-up applications and court recoveries by the ATO all key indicators of tricky times for the SME sector.
Migration reform is on the way, Clare O’Neil says, as skills shortages constrain business growth
The federal government says it will overhaul Australia's migration system to better meet the needs of tomorrow's economy.
Breaking down gender norms would mean $128 billion more in GDP each year: Deloitte report
Breaking down entrenched gender norms in Australia could unlock $128 billion per year in the economy and 461,000 additional full-time employees.
Everything in Australia is going up in price — except property
With the cost of seemingly everything rising, why are house prices falling? And who will be hit hardest?
Procurement from First Nations businesses in Queensland grew $118 million last financial year
New data about goods and services provided to the state government has revealed Queensland’s procurement from First Nations-owned businesses went up 36% in the last financial year.
Reserve Bank of Australia issues Melbourne Cup day cash rate hike as inflation bursts out of the gate
One favourite has already come good on Melbourne Cup day after the Reserve Bank of Australia raised its cash rate target 25 basis points to 2.85%.
Small Business Minister Julie Collins: The federal budget targets “long-term resilience” instead of quick-fix solutions
Speaking to SmartCompany, Collins says Labor's budget is more focused on long-term sustainability than directly alleviating today's sharp cost pressures.
Budget 2022: SME leaders concerned over $8 million tweak in Small Business Ombudsman funding
Small business luminaries fear the move to redirect funding could limit the Small Business Ombudsman's other business support initiatives.
Jim Chalmers’ “restraint” in the budget didn’t extend to pricey transport projects
When it comes to transport infrastructure, the budget is remarkable not for how different it is to budgets past, but how similar.
Budget 2022: Energy efficiency grants for SMEs form key plank in Labor’s green energy strategy
Small and medium enterprises looking to improve their energy efficiency will be handed $62.6 million in grant funding, thanks to a new program revealed in Tuesday’s federal budget.
Budget 2022: What Jim Chalmers can do to combat inflation and avoid an economic crash
With a second federal budget on the way, Treasurer Jim Chalmers has a chance to introduce some novel economic fixes.
Budget 2022: 10 things we know about Labor’s “wellbeing” budget and support for businesses
A lot can change in six months. Just ask Treasurer Jim Chalmers, who will on Tuesday deliver a vastly different federal budget to the economic roadmap laid out by the Coalition in March.
