Businesses that don’t meet gender targets may soon be ineligible for government contracts
Under proposed procurement policy changes, large companies that wish to bid for government contracts will first have to meet some gender equality conditions.
Another grim month for industry with highest insolvency figures since 2015
Monthly business insolvencies have risen to a level not seen since 2015, as a long-expected landslide of corporate collapses hits the Australian economy.
Fifo Capital CEO says too many SMEs miss out on support measures
Australian SMEs have not been supported through economic turmoil in the way they should have been, Fifo Capital CEO Wayne Morris says, as robust interest rates and the cost of doing business weigh on countless enterprises across the country.
Australian small businesses older, less innovative than international counterparts
A new CPA Australia report has found Australian business owners are older and less likely to adopt innovative technologies than their counterparts across the Asia-Pacific region.
Labor’s ‘Working for Women’ strategy to involve more women in decision-making
A new five-year action plan under Labor’s national ‘Working for Women’ strategy offers a whole-of-government roadmap for gender equality.
Chalmers “shooting for a second surplus” amid shifting budget fortunes
Federal treasurer Jim Chalmers is still angling for a second surplus but warns softening commodity prices and the weakening jobs market could ruin the upside surprise.
Cheers to that: China set to drop tariffs on $1 billion Australian wine exports
Beijing is reviewing the sanctions through a five-month process after the Albanese government agreed to suspend Australia's dispute lodged with the World Trade Organisation until March 31.
WA tops list for economic performance, Victoria comes last
Western Australia is the nation's best economic performer while Victoria lags behind all other states, a new report reveals.
Hundreds of “nuisance” import tariffs to be cut from July 1
Items set to become tariff-free include toothbrushes, hand tools, fridges, dishwashers, clothing, and menstrual and sanitary products.
Chalmers says budget won’t ignore the slowing economy
Fighting inflation won't be the sole focus of the upcoming federal budget, the treasurer has declared, warning the slowing national economy can't be ignored.
The race for powerful computer chips and AI will change the face of global politics and security
A global race to build powerful computer chips that are essential for the next generation of AI tools could have a major effect on global politics and security.
Small businesses under pressure as sales plummet to pandemic levels
A combination of multiple interest rate rises and higher-than-usual inflation have been pinpointed as the main reasons for the largest decline in small business performance since the beginning of the pandemic, according to Xero.
