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Enterprise

October 2024

NAB chief executive Andrew Irvine says SME growth is vital for the economy.

‘It comes down to housing all the time’: NAB chief’s growth warning

The bank’s boss, Andrew Irvine, says access to talent is the biggest hurdle for SME growth. But our housing crisis isn’t helping. 

  • James Thomson
Small business want protection from Labor’s proposed overhaul of privacy laws.

Small business wants out of privacy laws as data breaches rise 215pc

The small business lobby is pushing to limit the reach of Labor’s overhaul of the Privacy Act to firms with annual turnover above $10 million, up from the current threshold of $3 million.

  • Tom Burton

July 2024

Another way for young workers to boost their final super balance is to dial up the risk in their portfolios by moving from a balanced investment option into a high-growth one.

Can we put $2.9m from a property sale into super?

You can – but you must tick these boxes first.

  • John Wasiliev
The government continues its march away from the troubled big four firms.

Small consulting firms to get a leg-up from new Canberra rules

An overhaul to federal government procurement rules means agencies must now seek quotes from at least one small firm when seeking consultancy services.

  • Tom Burton

April 2024

Bridge Road in Richmond was once a  shopping hotspot but has become a ‘ghost town’, according to local retailers.

The Melbourne shopping hotspot that became a ‘ghost town’

Businesses on Bridge Road in Richmond, which has a whopping 15.5 per cent vacancy rate, fear an insolvency snowball effect.

  • Gus McCubbing and Larry Schlesinger
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Who Gives A Crap donates 50 per cent of profits to building toilets.

The plan to build the next Who Gives a Crap

Businesses helping deliver social good in the community will get extra help finding critical capital investment, the federal government says.

  • Tom McIlroy
Peter Dutton will address the Council of Small Business Organisations of Australia national summit on Wednesday.

‘We’ll stay off your backs’ Dutton tells business leaders

Peter Dutton has promised business leaders cheaper energy prices and less government interference under the Coalition.

  • Tom McIlroy

February 2024

Paul Robson CEO MYOB

‘Deadset nightmare’: Why small business failures are soaring

MYOB CEO Paul Robson fears small businesses may not enjoy the soft landing tipped for the rest of the economy.

  • Patrick Durkin
Beware the hidden dangers of verbal promises when it comes to inheritance.

The inheritance promise that will rip your family apart

Small businesses and farms are potential battlegrounds where future generations dispute verbal agreements about who gets what.

  • Duncan Hughes

January 2024

Small businesses face complex new challenges this year.

Five big tests for small businesses in 2024

Cash flow, new IR rules, and the threat of cybercrime are making life for small enterprises even more precarious.

  • Luke Achterstraat

November 2023

Outgoing Australian Taxation Commissioner Chris Jordan.

‘Not a bank’: Tax Office ramps up debt warning

ATO commissioner Chris Jordan says companies and individuals not paying tax and super obligations will face consequences.

  • Tom McIlroy
Olivia Bond: “I like things that are sleek and minimal. Fussy isn’t me.”

Meet Sydney’s go-to private jeweller

After adding ready-to-wear collections to custom orders, Olivia Bond’s business has outgrown its space and is moving to the heritage Trust Building’s top floor.

  • Lauren Sams
Home Affairs Minister Clare O’Neil.

Government turns around its Optus cyber debacle

Clare O’Neil’s cyber strategy is a strong first step to raising national standards, tackling plenty of areas where businesses need help, and leaving room for further reform.

  • Paul Smith

September 2023

How to run a property business from your super fund

A reader asks whether his SMSF can start a self-storage enterprise where he owns the land and the fund buys the rest.

  • John Wasiliev

June 2023

AFR

Fury as small business owners face 73pc rise on shareholder loans

Rates set at 8.3pc under Division 7A – intended to stop profits going tax-free to private company shareholders – means they’ll feel the squeeze.

  • Duncan Hughes
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May 2023

Romar Engineering boss Alan Lipman says the rising cost of power is among his biggest concerns.

Incentives for businesses to rein in energy price

The other measures to help SMEs include a $392.4 million industry grants program and the promise of more skilled migrants.

  • Lucas Baird and Jessica Sier
The scheme is designed to help businesses bounce back from challenging economic conditions in the wake of the COVID-19 pandemic.

Small businesses win extension to $20,000 instant asset write-off

The threshold for write-offs on eligible assets had been due to drop to $1000 at the end of the financial year. The extension will benefit millions of businesses with turnover of up to $10 million.

  • Tom McIlroy

March 2023

Australian Small Business and Family Enterprise Ombudsman Bruce Billson.

Review to help small business win more federal contracts

The Small Business Ombudsman will review federal contracting rules for small and medium businesses in a bid to weed out any poor behaviour.

  • Georgie Moore
Economic independence is the key to real self-determination for Indigenous Australians, according to 36-year-old Make It Happen founder Adele Peek.

The sisters who want to kickstart Indigenous entrepreneurship

First Nations entrepreneurs are almost non-existent in the Australian business landscape, but sisters Adele and Cara Peek plan to change this. 

  • Gus McCubbing

February 2023

How Aesop turned into a billion-dollar brand

The Australian company has become a byword for luxury skincare – but it’s also a global powerhouse that’s about to make a very big play.

  • Lauren Sams

Original URL: https://www.afr.com/topic/enterprise-5ws