Running a business in today’s fast-paced environment presents plenty of challenges. However, with our support, managing cash flow doesn’t need to be one of them. We’re here to help you navigate the complexities of business finance, so you can focus on what matters most—growth and...
One of the keys to maximising your company's profitability and success is to be able to access the right loans on the right terms at the right time. There are a range of criteria that will affect your ability to secure favourable borrowing terms, or even...
Small businesses will have access to the instant asset write-off for another 12 months, after the policy, which was due to end at the end of this financial year, was extended to 30 June 2025 in the recent federal Budget. Under the instant asset write-off, businesses...
Most Australian households and businesses remain able to service their debt, despite the tough economy, according to the Reserve Bank of Australia (RBA). “Strong conditions in the labour market, the large savings buffers accumulated by many borrowers during the pandemic and rising housing prices are helping...
The national unemployment rate fell from 4.1% in January to 3.7% in February, according to the Australian Bureau of Statistics, after a sharp fall in the number of jobless workers. The number of workers out of employment fell from 600,200 to 548,300, a reduction of 8.7%. At...
The Australian Taxation Office has reminded small businesses they may be eligible for tax concessions. Businesses with an aggregated turnover of less than $2 million can qualify for capital gains tax (CGT) concessions, including the small business 15-year exemption, small business 50% active asset reduction, small...
Medicare, Optus, Latitude and more large companies in Australia (and throughout the world) have succumb to cyber attacks and data breaches this year alone, which begs the question should you apply a credit block for your security. There has been a significant increase in cyber attacks...
All 13 industries monitored by the Australian Bureau of Statistics (ABS) have recorded year-on-year increases in their turnover, according to the latest data. After analysing business activity statements, the ABS found turnover increased by: Accommodation & food services2% in the year to January Mining3% Administrative &...
Running your own business is full of challenges and ups and downs. We know first hand that having a solid support network around you is key to working through the challenges. It's great to see the federal government is delivering more funding to allow small...
Navigating a changing economy isn’t always straightforward, but Australian small businesses are used to embracing new opportunities. Grants and allowances may be available for small business owners to lean on either in times of financial need or ahead of a growth venture. We’ve rounded up...