Tag Archives: SMEs

Ombudsman urges support for SME export opportunities

Ombudsman Kate Carnell has welcomed a report on small and medium enterprises and their access to free trade agreements. The recent Joint Standing Committee report looked at how SMEs could participate in FTAs. Ms Carnell threw her weight behind its key recommendations and urged “bi-partisan support” for the sake of …

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Small businesses can now ‘stand up’ to big business – MGA

Master Grocers Australia (MGA) has welcomed the government’s decision to allow easier access to justice for small businesses. According to MGA, the ‘Small Business Access to Justice’ policy aims to help small businesses bring cases of anti-competitive behaviour to court. It does so by allowing requests for a ‘no adverse costs order’ …

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Small businesses embracing tech to drive growth

Aussie small businesses are overcoming stiff competition by getting tech savvy, according to a new global report. It also found that, despite various challenges, the small and medium-sized enterprise (SME) sector is in “good health” globally. The State of Small Business Global Report comes from TradeGecko, in collaboration with Golfdale …

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Ombudsman welcomes proposed overhaul of ‘jobactive’

Kate Carnell has welcomed Labor’s policy announcement to overhaul jobactive, which she says is letting small businesses down. In a recent statement, the Australian Small Business and Family Enterprise Ombudsman was scathing about the employment services system. “(It’s) not meeting the needs of small business operators in Australia,” she said. …

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Big banks still ‘feeding’ off SMEs

Ombudsman Kate Carnell says she’s concerned that major banks still haven’t lowered costs for the use of debit cards. Despite promises, she says, the banks still haven’t put into action the “least-cost routing” of debit cards’ tap-and-go payments. ‘Still waiting’ “The House of Representatives Standing Committee on Economics recommended banks …

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Small business owners ‘compromising personal wellbeing’

As Christmas approaches, Australian small business owners are compromising their personal wellbeing to deal with business pressures, claims Westpac. Such pressures include cash flow, compliance and regulation, according to Westpac’s new Small Business Report, in collaboration with Deloitte. Main findings 58 per cent of small business owners said they expect …

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E-invoicing improves cashflow for SMEs

Australian Small Business and Family Enterprise Ombudsman Kate Carnell says e-invoicing is good for small and medium-sized businesses (SMEs). Ms Carnell argues that it streamlines payments and improves cashflow, and therefore makes SMEs more productive. She also welcomed the Australian Treasury’s public consultation on how e-invoicing could work best. $28 …

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MGA welcomes bringing forward of SME tax cuts

Master Grocers Australia (MGA) has welcomed Prime Minister Scott Morrison’s decision to bring forward tax cuts for SMEs. These include small-to-medium-sized supermarkets, liquor stores and hardware outlets. CEO of MGA Jos de Bruin said: “Our members are facing cost increases at a rate never seen before. Bringing forward a reduction …

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RBA backs Ombudsman over ‘funding gap’ for SMEs

The Reserve Bank of Australia (RBA) has followed the Ombudsman in highlighting the absence of “entrepreneurial finance” for Aussie start-ups. The finding comes from the RBA’s latest bulletin, ‘Access to Small Business Finance’. It found small business owners and start-ups are still having difficulty accessing finance to start or grow …

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Ombudsman pays tribute to family businesses

Australian Small Business and Family Enterprise Ombudsman Kate Carnell has paid tribute to Aussie family businesses. “With more than 1.4 million family businesses operating in Australia, today is a timely reminder to recognise and celebrate the contribution they make to the nation’s economy,” Ms Carnell said. “Family businesses come in …

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