Business owner jailed for five years over illegal phoenix activity Legal Matthew Elmas 19 November 2018 A business owner convicted of illegal phoenix activity will spend five years in prison, amid a broader crackdown on the black economy.
“Game-changing” government plan pledges $2 billion for capital-starved SMEs Finance Matthew Elmas 14 November 2018 The government has committed $2 billion to making it easier for SMEs to access finance while supporting the creation of a new commercial growth fund.
“A huge issue”: Ombudsman to examine the effect of late payments on small business cashflow Cashflow Matthew Elmas 12 November 2018 Kate Carnell has written to large companies and multinationals about the late payment of invoices causing SME cashflow woes.
Directors to be named and shamed for phoenixing under new Labor policy Legal Matthew Elmas 8 November 2018 Directors engaging in illegal phoenixing will be named and shamed under a new Labor policy designed to crack down on black economy activity.
Michaelia Cash: Instant asset write-off extension on the cards ahead of MYEFO Christmas for SMEs Politics Matthew Elmas 7 November 2018 Another extension of the instant asset write-off scheme is on the cards ahead of MYEFO, small business Minister Michaelia Cash says.
Wasted opportunity: 47% of small businesses haven’t heard of the instant asset write-off, research finds Tax Matthew Elmas 1 November 2018 While the government's instant asset write-off scheme forms a key part of its small business policy, a large number of firms aren't using it.
Moshal and Morris make their debut: The 100 richest young people in Australia revealed Entrepreneurs Matthew Elmas 26 October 2018 Atlassian's founders have topped the list of the richest young Australians, but there are also a variety of new faces that have made the cut.
ATO, Fair Work Ombudsman to be given new powers to pursue directors for abandoning workers Legal Matthew Elmas 26 October 2018 The Fair Work Ombudsman will receive new powers to pursue company directors under laws that passed the lower house this week
“Market failure”: Government considers policy to improve small business funding Funding Matthew Elmas 25 October 2018 "Cabinet-level" discussions are taking place about a solution to improve small business funding as momentum builds for commercial solutions.
Australia’s digital wallet future: You can bank on the big four to stifle tech innovation Finance Aron D’Souza 11 October 2018 In other countries, digital wallets allow people to accomplish nearly all of their daily transactions with a single card.
“Three billion each year”: How the superannuation industry robs its customers Superannuation The Conversation 14 September 2018 If the purpose of superannuation is to boost the welfare of contributors, then conflicts of interest need to be wiped out.
Australia’s largest private companies revealed Finance Matthew Elmas 6 September 2018 Here are the largest private companies in Australia, according to research from IBISWorld.
