Collins: “Fairness” front and centre in Labor’s 2024 small business strategy
A fairer competitive landscape will help small businesses cope with persistent inflation and economic volatility, Small Business Minister Julie Collins says, outlining the federal government's approach to small business support in 2024.
Melbourne man handed jail sentence after dozens of fraudulent JobKeeper claims
A Melbourne man has been sentenced to three years and six months imprisonment after defrauding the Australian Taxation Office of nearly $35,000, and filing additional false claims worth an extra $460,000, including dozens of dodgy JobKeeper applications.
Why the ATO’s under-the-radar website overhaul is good for taxpayers
After more than a decade, the ATO has finally updated its website and it seems that nobody really noticed, and this bodes well.
New women-owned small businesses outpace male counterparts in Australia
Between 2006 and 2021, women small business owners increased by 24%, which was more than three times the growth of their male counterparts.
Amid record profits, supermarkets should come clean on their pricing strategies
Allegations of price gouging by Australian supermarkets have even led to a Senate inquiry into supermarket pricing.
Zoë Foster Blake’s $21.8 million Go-To deal is the latest BWX skincare buy-back
Go-To Skincare co-founder Zoë Foster Blake, who sold a majority stake in the cult-favourite brand for $89 million just two years ago, has reclaimed ownership in a deal worth $21.8 million.
Tax consultants put on notice as ATO escalates R&D warning
The Australian Taxation Office has strengthened its approach to Research & Development (R&D) tax incentive compliance, warning taxpayers and their advisors that penalties could await those making false claims.
Collabosaurus changes hands in rare women-led tech exit
Jessica Ruhfus founded Collabosaurus in 2015 as a matchmaking tool to facilitate collaborations between brands.
Late tax charges, skill programs cut: Six small business updates from MYEFO
The federal government has rustled up $9.8 billion in savings since the May budget through a combination of spending cuts and reprioritisations, including measures focused on the business sector.
Tax recap: The 23 updates, reforms, and crackdowns that defined 2023
It was a year of transition for the Australian Taxation Office: after an extended period of leniency shown to small busines taxpayers struggling through pandemic lockdowns, 2023 marked a reversion to the norm.
Hiring across industries shows steady growth, but demand for professionals down
The labour market has so far shaken off a bout of high inflation and a series of interest rate hikes through forward-looking indicators, such as job ads and vacancies, signal weakness.
Chemist Warehouse merger a potential boon for Aussie body wash, lolly brands
Growing Australian businesses with products stocked in Chemist Warehouse are excited by its proposed merger with pharmacy titan Sigma Healthcare -- and the prospect of Chemist Warehouse growing even further on the global stage.
