Vitality Brands scoops up Torquay-founded Tribe Skincare and plans US expansion
Tribe Skincare was founded in 2017 by Kayla Houlihan after five years of running her own skin clinic in Geelong in regional Victoria where she helped people with their unique skin concerns.
Aussies still spending on little luxuries despite cost of living squeeze
Australians are still trying to enjoy the small luxuries in life, with 15 million Aussies forking out and digging deep into their pockets for small indulgences.
ATO gives “green light” to Aussie waiting to lodge tax returns, while urging caution
Taxpayers who believe their tax affairs are straightforward have been given the "green light" by the ATO to go ahead and commence lodging their income tax returns.
New business launches are slowing, as COSBOA draws attention to small business resiliency
The number of new businesses entering the Australian economy has slumped for three consecutive quarters, as the Council of Small Business Organisations Australia (COSBOA) praises the resilience of entrepreneurs grinding through ongoing labour, economic, and regulatory struggles.
Tax agents left out of ATO’s corporate plan, says leading adviser
Tax trainer and adviser John Jeffreys said that the corporate plan put out by the ATO covers many things, but it does not offer a plan for tax agents.
Treasury’s tax adviser crackdown could unfairly hit small business accountants
The federal government has pledged its largest-ever "crackdown" on tax adviser misconduct after the PwC scandal, in a warning shot to industry professionals who fear small business accountants already face significant compliance burdens.
NSW government launches four pre-accelerators for startup diversity and social impact
The programs by the NSW government will support under-represented groups, including women from diverse backgrounds.
‘Retail recession’: Small businesses respond to “super cautious” shoppers as turnover dips
Australian shoppers are now "super cautious" about their spending habits, one small business operator says, as the effects of long-running inflation and interest rate concerns lead some economists to declare a "retail recession".
Tax reform surges back into view, including cash flow taxes set to benefit small business
Australian leaders should consider reforming the tax landscape to kickstart productivity, Australian Industry Group chief executive Innes Willox says, highlighting a cash flow tax measure economists claim would benefit small businesses in particular.
Ageing population and shrinking workforce requires a major policy reset for Australia
The rapidly changing nature of Australia’s workforce is an issue policymakers and the economic commentariat are going to have to get their heads around.
List: The Aussie lifestyle brands acquired for hundreds of millions of dollars in 2023
International companies and investment groups have snapped up some of Australia's most prominent brand names through 2023.
How Bondi Sands’ founders turned a “beautifully simple” idea into a global brand that sold for millions
Scaling a global brand means founders must become "obsessed" with all facets of their business and "get the right people around the company", says Bondi Sands co-founder Shaun Wilson.
