Finance

The rising cost of doing business is attributed to wage pressures, the cost of goods and services, and cash flow management, the study highlighted.

The question of landlord profits is one we need to understand. The ATO puts out the statistics each year that let us answer the question. The answer is: yes — for some!

Construction company collapses have surged over the last 12 months, as Australian builders battle the end of COVID-era economic stimulus, vulnerabilities in long-established payment models and the impact of rapid inflation and interest rate rises.

Australian banks, casinos and organised crime groups have all been at the centre of the nation's dirty money problem.

Some business owners are even dipping into their personal savings to mitigate rising costs and make a profit, the report states.

Business restructuring practitioner appointments are surging compared to 2022 levels, data from Australia's corporate regulator shows, as one accountant describes being "overwhelmed" by rising interest among struggling SMEs. 

New Zealand pizza chain, Hell Pizza, is challenging Buy Now Pay Later with its own 'pay when you're dead' scheme.

Electricity prices will rise as much as 29% for tens of thousands of small businesses across Australia from July 1, as market regulators confirm major hikes to the base rates offered to energy consumers.

A number of community advocates have been pushing for Australia Post to enter the retail banking market as a full-fledged institution.

The Australian Taxation Office will pay twenty small retailers to report and lodge their GST obligations on a monthly cycle, as it investigates new ways to improve tax performance among local SMEs.

An inquiry is examining the impact of accelerated bank closures across country Australia and will hear from councils and banks alike.

The 2023-2024 federal budget halves a scheduled 12% tax instalment increase to 6%, a move the federal government says will improve small business cashflow.