How the back-to-office transition can harm diversity, inclusion, and worker performance
Hybrid working promises the best of in-person collaboration and remote efficiency, but businesses that get the back-to-office transition wrong could sideline their most effective staff, says Diversity Council of Australia CEO Lisa Annese.
150 ATO officials investigated in massive TikTok GST fraud crackdown
At least 150 ATO officials have been investigated as part of a massive GST fraud crackdown, resulting in criminal proceedings and employment terminations, according to a bombshell report from the Auditor-General.
Startup luminaries sign petition against new sophisticated investor asset limits
Angel investors and startup founders are signing a new petition urging the federal government not to increase the asset limit test for 'sophisticated investors', claiming major changes could limit funding to Australia's most innovative early-stage startups.
Victoria’s startup ecosystem crosses $100 billion valuation threshold
Victoria's startup scene has broken the $100 billion valuation barrier, but more work must be done to ensure early-stage startups have access to the capital they need, according to a new report from LaunchVic and analytics firm Dealroom.
Small business requests for insolvency help grow sevenfold
The number of small businesses turning to the Australian Small Business and Family Enterprise Ombudsman for assistance with insolvencies spiked in the September quarter, revealing how corporate collapses are leaving local traders grasping for help.
The Privacy Act exemption for small businesses will end: 10 ways your business could be affected
The federal government says the small business exemption to the Privacy Act, covering some 2.3 million enterprises, should end.
IR reforms covering small business won’t come into law until 2024 as Senate pushes back
Small businesses have been given some breathing room before the next tranche of industrial relations reforms become law, after the Senate voted push a report on the Albanese government's 'Closing Loopholes' bill into 2024.
Scrapped: Business registry modernisation scheme halted after projected $2.3 billion blowout
It was meant to slash costs and complexity for Australian businesses. Instead, the federal government has scrapped the Modernising Business Registers program, owing to billion-dollar blowouts, crushing delays, and a significant underestimation of the task at hand.
Intergenerational Report 2023: Six key points for Australian businesses
Australia is getting older, the tax base is changing, but there are opportunities to boost productivity, the Intergenerational Report says.
“Protection racket”: SMEs lose out as procurement panels benefit Big 4 consultants, says parliamentary report
A key system connecting the private sector to lucrative government contracts operates as a "protection racket" to the detriment of small and medium businesses, a new parliamentary committee report says.
Mixed bag: Birchal’s crowdsourced funding report shows 26% decline amongst some impressive raises
Birchal has released its annual crowdsourced funding report. Like most Australian funding, its been impacted by the current economic climate. But it has still seen some record-breaking positive numbers.
“Designed to deceive and confuse”: Afterpay parent company Block considers legal action over brutal shortselling report
Block, the American fintech giant which acquired Afterpay in a $39 billion deal, has "misled" investors on key business metrics and "embraced predatory offerings", according to a new report from infamous shortsellers Hindenburg Research.