David Adams, Author at SmartCompany

David Adams is a senior business journalist at SmartCompany. He is interested in the challenges and opportunities facing Australian businesses, along with the influences of technology, culture, and a changing climate. Before SmartCompany, David served as a reporter for Business Insider Australia. You can find him on Twitter at @DavidAdams_AU.

An Off Ya Tree location in Melbourne CBD's Collins Street. Source: Google Maps

Off Ya Tree: Famed bong retailer enters liquidation as a dozen stores remain open

The business behind alternative clothing, body piercing, and bong retailer Off Ya Tree has fallen into liquidation, as the retail chain assures customers a dozen stores will remain operational.

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Chalmers: Surplus still the target, small business tax rate unlikely to change in federal budget

Australia's company tax rate is unlikely to change in the upcoming federal budget, says Treasurer Jim Chalmers, suggesting a combination of targeted tax breaks and incentives will anchor the economic blueprint.

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Accounting firm, related business ordered to pay $26 million in damages after misusing client intel

A Ballarat accounting firm, one of its directors, and an associated business have been ordered to pay $26 million in damages to former accounting clients after pursuing a business opportunity under consideration by those same clients.

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Massive tax consequences coming for 42,000 small businesses ‘disengaged’ from ATO

More than 42,000 small businesses are reportedly "disengaged" from the Australian Taxation Office, risking massive consequences when overdue payment rules change in 2025.

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Polly Waffle returns to Aussie shelves on Friday, but not in the form you remember

South Australian confectioners Menz, which acquired the rights to the Polly Waffle chocolate in 2019, has confirmed the sweet treat will return to supermarket shelves on Friday in a new format.

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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.

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Ola joins long list of departed rideshare competitors in Australia

Rideshare platform Ola appears to have departed the Australian market, leaving American juggernaut Uber as the dominant player in the sector.

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Explainer: What small businesses need to know about ACCC merger reforms

Businesses planning a merger will need to seek Australian Competition and Consumer Commission approval under a new mandatory scheme.

Why cash advocates are furious at Queensland holiday hotspot Hamilton Island

It has a reputation for relaxed getaways, but online debate over Hamilton Island is anything but laidback, after some people discovered the holiday hotspot has gone without cash for years.

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Woolies wants food and grocery code extended to Bunnings, Amazon and Costco

Online retail giants Amazon, bulk goods store Costco, and hardware chains like Bunnings should be subject to a mandatory code of conduct, said Woolworths.

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ATO issues new false invoice warning to businesses scamming the tax system

The Australian Taxation Office has dodgy invoicing in its crosshairs, warning businesses that the Serious Financial Crimes Taskforce is ready and able to take action.

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Emerson: Shield SMEs from supermarket “retribution”, encourage $5 million compensation payouts

An initial report by Dr Craig Emerson calls for the Food and Grocery Code of Conduct to be strengthened and made mandatory.

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