July 1 changes you need to know about: Open banking, wage increases and penalty rate cuts
July 1 brings a raft of changes for small business owners, including a minimum wage increase and further penalty rate cuts in retail.
ATO busts tax time myths for business owners
The ATO has dispelled common tax time myths and explained how to avoid having your tax return slowed down by bad paperwork.
Melbourne small businesses to receive one-off $5000 grants as Stage 3 restrictions come back
Small businesses located within the 36 Melbourne suburbs that will soon re-enter Stage 3 coronavirus restrictions will be eligible for one-off grants of $5000 from the state government.
‘It felt outdated’: Why global lifestyle brand Olli Ella has ditched the traditional 9-5 work day
Byron Bay-based lifestyle brand Olli Ella has scrapped the traditional 9-5 work day and is allowing its employees to self-manage their workloads.
Tax watchdog to investigate ATO small business communications amid JobKeeper integrity probes
The investigation is set to examine how well the ATO communicates with small businesses about their rights to complain, review and appeal decisions.
R&D tax changes will be implemented retrospectively, inquiry hears, forcing businesses to revise claims later
R&D tax claims filed for the 2019-20 financial year will need to be revised if/when cuts to the program pass parliament, the ATO has confirmed.
Second COVID-19 stimulus cash boost due with June activity statements
Cashflow boost support is available to businesses after lodging their June activity statements, following initial credits earlier this year.
Former Square execs raise $6.3 million for pre-launch Aussie fintech revamping SME banking
Ben Pfisterer and Dominic Yap have raised $6.3 million for pre-product fintech Zeller, as COVID-19 brings the need for SME financial services into focus.
The pandemic paradox: How COVID-19 has also created opportunities to improve how we do business
As we emerge from the COVID-19 economic crisis, some positive changes will help redefine the "new normal", says Jana Matthews.
Time’s up: Apple washes its hands of Intel and tries to reclaim major innovator status with pandemic-inspired smartwatch
The tech giant's latest announcement is one of the company’s most important strategic moves of the past decade, according to industry observers.
Seafolly has collapsed into voluntary administration: 44 stores, 120 jobs at risk
Seafolly has become the latest retail business to fall on tough times in the wake of the COVID-19 pandemic and will now go through a sale attempt.
Perth fintech PictureWealth secures $12 million, after going from zero revenue to $20 million in just two years
PictureWealth has raised $12 million in late seed funding for its tech-meets-human financial advisory model, even amid COVID-19 disruption.
