Business
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‘Loyalty tax’ payments costing consumers up to $3.6 billion in Australia
Allan Fels | June 28, 2019From July 1, insurers of home and contents, motor, personal and small business in NSW will be required to include last year’s premiums in any renewal notices.
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Regional Victoria triples regional national average in visitation growth
First 5000 | June 20, 2019The latest Tourism Research Australia’s International Visitor Survey (IVS), has seen regional Victoria as the best performer in international visitation growth compared to all other states – more than tripling the regional national average with a whopping 12 per cent increase since last quarter.
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Strong population growth reinforces need for microeconomic reform
First 5000 | June 20, 2019Official results show that 2018 was one of the strongest years on record for population growth, with the number of people living here rising by 404,780 during the year.
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5 strategic advantages of SMEs
Keith Coppersmith | June 19, 2019SME is an acronym for small and medium-sized enterprises which make up a large majority of businesses all over the world. In the EU, for example, they represent a total of 99% of all businesses.
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Physically demanding jobs linked to poor health in delayed retirement
First 5000 | June 17, 2019Men and women who have physically demanding jobs may experience poorer mental and physical health if they delay their retirement, new research led by Curtin University has found.
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Ombudsman welcomes new tax rules for government tender bids
First 5000 | June 14, 2019From July 1, businesses tendering for Commonwealth contracts over $4 million will need to provide a statement from the ATO proving they have a satisfactory tax record.
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Small business winners in the Queensland Budget
First 5000 | June 14, 2019Operating a small business is a constant struggle, their owners work hard against the odds to survive in a high taxing environment. That’s why the latest budget news in Queensland brought a smile to the faces of many small business owners, according the Master Grocers Australia.
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Ombudsman welcomes Bill to better protect subcontractors
First 5000 | June 12, 2019The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed changes to the Small Business Development Corporation Act 1983 tabled by Small Business Minister Paul Papalia in the Western Australian Parliament yesterday.
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New Victorian business growth fund for SMEs designed to create jobs
First 5000 | June 7, 2019The Andrews Labor Government will establish a $250 million Victorian Business Growth Fund for small and medium enterprises to help them access capital and create jobs to grow the Victorian economy.
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Where to now for financial services post Federal election and Hayne Royal Commission?
Paul Tynan | June 3, 2019Now that we have a new Morrison Federal Government and the implementation of the Hayne Royal Commission recommendations will be high on the political agenda, what can we expect going forward?
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Almost half of regional businesses not complying with workplace laws
First 5000 | May 31, 2019Some 43 per cent of all businesses and 55 per cent of those in hospitality surveyed in Shepparton, the Latrobe Valley, Gippsland, the Southern Highlands, Shoalhaven, Ipswich and Wide Bay are not complying with workplace laws, according to a new report from the Fair Work Ombudsman.
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Three industries that offer workers a safe haven
Andrej Kovacevic | May 28, 2019If you’re living in Australia, you’ve just witnessed one of the most improbable election victories in recent memory. In it, Scott Morrison and his Liberal-National coalition managed to hang on to their grip on power, helped by a campaign that fed the nation’s fears of a cooling economy.
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How to turn a financial crisis into a great opportunity
Liam Smith | May 27, 2019Sometimes, you just hit a bump in the road. It’s perfectly natural, these things happen. The economy is a fickle, complex entity that basically requires a PhD to understand.
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Significant challenges to confront construction sector in 2019 and beyond
First 5000 | May 23, 2019Obtaining insurance cover in the coming year and beyond will be a very costly undertaking and a significant challenge for businesses within the construction and associated industries.
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Why the Australian Business Growth Fund doesn’t go far enough
Lui Pangiarella | May 22, 2019The newly elected Morrison government’s promised Australian Business Growth Fund needs to be expanded to include acquisitions.