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.
Government to cut paid parental leave red tape with $10 million in SME support
This comes as key Senate crossbenchers Jacqui Lambie and David Pocock argue local businesses deserve compensation or carve-outs for delivering parental leave payments to employees.
Unprecedented: SME payment times regulator names and shames late reporters
Australia's payment times watchdog has quietly named and shamed the parent company of Regional Express and other ASX-listed giants for failing to comply with its data collection rules.
“Imagine the possible”: ATO commissioner envisions BAS-free future for small business
Outgoing Australian Taxation Office commissioner Chris Jordan has reaffirmed the office's commitment to a fully digital tax system, asking taxpayers to imagine a potentially "BAS-free" future for small businesses.
Zeller launches iPhone payment scheme as CEO downplays further merchant fee regulation
Australian payments platform Zeller has launched its Tap to Pay on iPhone system, with CEO and co-founder Ben Pfisterer promising a best-in-class experience for merchants — and a fee structure which fairly represents the hidden costs of providing point of sale services.
Card transaction surcharging on the rise, Zeller says, as merchants seek cost-saving measures
Australian fintech Zeller says half of all transactions processed through its terminals in May 2023 included a surcharge for customers.
Small, but vocal, Facebook groups are calling for Aussies to boycott cashless businesses
A small but vocal group of Australians are using social media to name and shame businesses which do not accept cash, despite contactless card transactions becoming the de facto form of payment for enterprises across the country.
ATO court actions hit pre-COVID levels as the tax office chases businesses and individuals for outstanding payments
The number of court actions filed by the ATO has surged above pre-COVID levels, new figures show, as turnaround professionals urge small businesses to grasp the "last olive branch" extended to firms with outstanding debts.
Apple’s iPhone ‘tap to pay’ system hits Australia, as SMEs weigh up fees and trust concerns
Australian small businesses can now accept payments directly through their iPhone, promising greater mobility to traders while upheaving the highly competitive point-of-sale (POS) market.
Square’s payment acceptance comes to Android, promising merchants the ability to sell without extra hardware
Square now allows Australian merchants to accept payments on Android smartphones, extending the reach of the next-generation payments technology on home soil and the offerings of a company synonymous with physical card readers.
“A ‘new’ can come from anyone”: Zeller’s Ben Pfisterer shares five tips for building innovative startups
In a candid chat with SmartCompany Plus, Pfisterer outlined several key factors to have contributed to his success, and Zeller’s ongoing progress.
Late invoice payments in the spotlight as Xero offers cash prizes to small businesses waiting for what they’re owed
Small businesses waiting for delayed invoice payments could score cash prizes from Xero, as accounting and business transaction make the promise of accelerated payment central to their pitches to SME customers.
