Frydenberg targets BNPL and cryptocurrency with payments regulation reform
Frydenberg will promise to modernise payments regulation and oversight in order to keep pace with technology, and to better protect consumers.
Data is key to addressing skills shortages in COVID-19 recovery, says Small Business Minister
Stuart Robert has revealed the Morrison government's plans to build a ‘new data asset' that will give businesses and government real-time information about skills shortages at local levels.
Treasury unveils draft legislation for depreciation of intangible assets
A consultation is now open on new rules allowing for depreciation for intangible assets, hailed as a win for startups and small businesses.
Labor pledges $1.2 billion to bridge the skills gap. Does it go far enough?
Anthony Albanese’s $1.2 billion TAFE and higher education plan would be “a good first step” in addressing Australia’s skills shortage.
“Respect the staff”: Qld Small Business Minister calls for civility as businesses brace for vaccine rules
Queensland Small Business Minister Di Farmer is warning diners and theatre-goers to treat workers in small businesses with respect, as employers brace for new vaccine rules.
Inquiry clears ATO boss over the withholding of JobKeeper details
Tax commissioner Chris Jordan has been cleared by a parliamentary committee after a senator claimed he acted with contempt over refusing an order to provide details about businesses receiving JobKeeper.
Small business groups slam lengthy payment times as government launches payment times register
Large Australian companies are offering small business suppliers average payment terms of 37 days, despite ongoing calls from small business groups for a benchmark of 14 days.
Australia’s trade woes with China continue while our allies deepen ties
Australian producers are bearing the disproportionate brunt of trade punishment from China compared with its strategic partners.
“The industry is on its knees”: Hairdressers call to be added to priority migration list
Dire staff shortages affecting hair and beauty salons have ignited calls from small business groups for the government to change the priority migration skilled occupation list.
Morrison’s claim that business should make their own vaccine mandate decisions leaves SMEs “flying blind”
Morrison says businesses should make their own vaccine mandate decisions, undermining state orders and creating yet more confusion for SMEs.
How we can see where Australia’s job market actually is
It looks as if the job market is, in fact, turning in favour of employees and job-seekers. But securing wages growth after years of stagnation might actually be the easy part.
Small business to save $5 billion in taxes over two years, says Treasurer
Treasurer Josh Frydenberg is drawing battle lines around tax policy ahead of the upcoming federal election, revealing that existing tax cuts will save small business $5 billion over two years.
