“Think Big Act Local”: Community urged to support small businesses during Main Streets of Australia Week 2023
Main Streets of Australia Week showcases small business owners, retailers and entrepreneurs that keep Australia’s main streets alive and make them vibrant and thriving places.
Why I’m starting a lifestyle business after almost 17 years chasing startup glory
There was a time in the author's life when he was prepared to give absolutely everything to a company. But not anymore. Here's why.
Government plans to push for $1 billion small business tax break ahead of June 30 deadline
Should the bill not pass before June 30 this year, small businesses which upgraded their technology in 2022-2023 on the expectation of a generous tax break will go into the new financial year without legislation underpinning their 'bonus' deductions.
Small businesses must start planning as two key tax measures are set to end on June 30
Small businesses should be going back to basics and understanding a few tax measures that are ending and working out the best course of action for their business.
Exclusive: Small Business Minister Julie Collins on how SMEs can get the most out of budget 2023
SmartCompany was fortunate to discuss those policies with Small Business Minister Julie Collins in her first SME-focused interview since budget night.
Explained: The $20,000 instant asset write-off and how small business got here
A ramped-up instant asset write-off scheme will offer small businesses tax breaks on eligible purchases over the next financial year, averting fears the scheme would drop to cover purchases of just $1,000.
Budget 2023: $111 million cut from self-employment training program with entrepreneurship scheme facing axe
To pay for a number if big-ticket items in its first 'full' budget, the Albanese government has underlined a wide array of cuts, downgrades, and funding reprioritisations.
“Not on the sideline, not in the spotlight”: COSBOA’s Matthew Addison reviews the budget for small business
COSBOA chair Matthew Addison gives his assessment of the 2023 federal budget, and what else the government needs to do to support small businesses.
Budget 2023: ACCC to begin work on “super complaints” pathway to fast-track small business grievances
Work is set to commence on a new pathway for small business representative bodies to fast track their complaints to Australia’s competition regulator.
Budget 2023: PAYG and GST instalment increase halved to boost cash flow for 2.1 million small businesses
Cash flow support for small businesses will come through a halving of the adjustment factor applied to Pay As You Go (PAYG) and GST instalments.
Budget 2023: $290 million instant asset write-off scheme extension promises $20,000 threshold for small businesses
The instant asset write-off threshold will temporarily rise to $20,000, giving small businesses another chance to invest in their operations and immediately deduct the full cost of depreciable expenses from their tax bill.
Budget 2023: Budget shows Labor – finally – recognises how vital small businesses and startups are to Australia’s economy
SmartCompany editor-in-chief Simon Crerar analyses what's in the 2023 federal budget for small businesses and startups.
