Tag: small business

New Business Grants Have Been Announced To Support South Australian SMEs

On Monday 13th September, The South Australian State Government announced introduction of two new business support grants to assist small and medium business across the state. The programs will deliver an extra $15 million in financial support to an estimated 3,500 local businesses. The newly announced Covid-19 Tourism and Hospitality Support Grantwill provide support for […]

Australian Businesses Admit To Struggling To Retain and Attract Quality Staff

Ongoing border closures and a ban on international travel means that Australian businesses have lost access to technical and skilled workers from overseas coming into the country. As a result of this businesses are now having to fight for available resources and things could potential become more challenging for small businesses across the country. The […]

Regional NSW Businesses Set to Pilot Vaccine Passport Trial

The NSW State Government has announced that selected business in regional parts of NSW will be picked to undertake a pilot trial of the new covid-19 vaccine passport, as the state aspires to re-open to full vaccinated people during the month of October. On Wednesday 22nd September, Victor Dominello the NSW Minister for Customer Service […]

The Benefits of Hiring A Business Consultant

A business consultant can be best described as a professional who works with clients on a large range of aspects with the purpose of trying to assist with improving, growing or maintain a company. A business works with business owners and managers to enhance the operations and efficiency of a business. The business consultant helps […]

Australia’s Economic Recovery Has Hit A Major Roadblock With Recent Lockdowns

Newly published data illustrates that Australia’s economic recovery significantly stagnated in July, as this was the month where small businesses recorded their worst performance since December 2020 in the face of ongoing lockdown restrictions affecting more than half of the Australian population. On Thursday 26th August Xero published results of their latest small business index, […]

Australian Government Expands Eligibility for Business Recovery Loans

The Australian Government has announced that it will be loosening criteria for its SME Recovery Loan Scheme. The newly introduced changes mean that business with a turnover of up to $250 million will now have access. Prior to the new changes, the funding was only available to businesses who had received JobKeeper in the March […]

SMEs Encouraged To Seek Help If They Are Struggling To Pay Their Taxes

Small to medium enterprises (SMEs) across Australia are being encouraged to seek immediate help if they are struggling to pay their taxes due to the covid-19 pandemic-induced cash-flow issues. It has been reported that small to medium businesses currently owe the Australia Tax Office (ATO) a record-high $21.4 billion in tax debt in the financial […]

Covid-19 Small Business Support Grants For ACT Based Businesses

Businesses in Canberra who have been impacted by the recent covid-19 lockdown are now able to apply for support grants which are being provided by the ACT Government. Businesses who are eligible will be able to receive up to $10,000 (businesses with employees) or $4,000 (for businesses without employees). These funds will be available for […]

4.6 Billion of JobKeeper Payments Went To Businesses That Increased Their Turnover

It has been revealed that billions of dollars’ worth of JobKeeper payments were distributed to businesses that increased their turnover at the peak of the covid-19 pandemic in 2020. The Australian Government originally announced the $1,500 per fortnight wage subsidy in March 2020 when the economy shut down to combat the spread of the virus. […]