Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
Small Business
High alert for tax time scams
As if tax time isn’t stressful enough, an Aussie banking association has issued a warning over end-of-financial-year cons.
Country pub’s stoush over ‘grass paddock’
A country pub is in deep water with its local council for allowing travellers in self-contained caravans to park overnight on their property.
‘Disaster’: Screen fears grow on Furiosa flop
Mad Max: Furiosa is the latest flop to hit Aussie cinemas in 2024. And now movie operators are ringing the alarm bells.
‘Very sad’: Iconic Melbourne restaurant closes
A much loved Italian restaurant in Melbourne is the latest business to close its doors after more than four decades.
‘Everyone wins’: Surprise company tax call
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Concerning find at fish and chips shops
New research shows the ubiquitous ‘flake’, which is often used at fish and chip shops, might not be the fish it should be.
Aussie shares rebound in broadbased rally
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Grim warning for Aussie hospitality sector
Aussie hospitality businesses have been hit with grim financial forecasting for the year – unless one consumer trend changes.
Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
‘Urgent’: Blackout risk as green power stumbles
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
Aussie bank ditches cash payments
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Surprise plan Aussies have for tax cut cash
Aussies are about to get a tax cut cash boost and most will ‘spend’ it in a surprising way.
Surprise new skills employers are looking for
An AI revolution is sweeping through the Australian workplace and one of the world’s biggest tech companies says hiring is going to change forever.
Millions to fight tradie shortages
The federal government says Australia needs more tradies to reach its ambitious housing goal and has a plan to achieve it.
Why Thai restaurant sign enraged Aussies
The owner of a popular Thai food joint has come under fire for surprising charges on his menu.
How restaurants plan to win over diners
Restaurant owners are finding creative ways to entice customers to dine in amid increasing cost of living pressures.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
How collapsed airline got it so wrong
Upstart airliner Bonza launched in Australia with budgie-smugglers and purple cocktails, but 18 months later the low-cost carrier collapsed. Here’s why.
How mum’s genius idea made $2million
An accident at home helped an Aussie mum launch her own business – and it’s now on-track to make $2 million just over two years later.
Agent sells buyer wrong property
A woman was shocked to discover she had been sold the wrong property by her real estate agent.
Former Bachelor’s booming wine brand
An entrepreneur once declared one of Australia’s most eligible bachelors has gone from living in a garage to running a mega wine brand.
Japan-inspired changes coming to 7-Eleven
The chief executive of 7-Eleven has hinted at some big changes to the renowned brand, with a Japanese influence on the cards.
Eye-watering price for half-built house
The scars of Australia’s gathering construction liquidation crisis can be seen in the unfinished homes littered across major cities.
Aussie petrol prices hit all-time high
Major cities across Australia have notched record high fuel prices this week, amid a worrying cost-of-living crisis.
‘Kind of hilarious’ Australia Post blunder
Australia Post “had one job” and “they messed it up”, but this Aussie small business owner could still see the funny side.
Friday set to be year’s top “sickie” day
With a working day sandwiched between the weekend and a public holiday, Friday is expected to be the most popular day to “chuck a sickie” this year.
Fashion brand slammed for safety U-turn
A major Australian discount retailer has decided not to sign an international accord on factory safety and a women’s rights group is up in arms.
Home builder collapses after 60 years
A massive residential builder has gone into liquidation after 60 years in business.
Boss exposes issue with ‘educated’ Gen Zers
An Aussie boss has exposed a major problem he says has made it impossible to find young workers.
Miner goes nuclear with uranium drum
A South Australian mining company has boomed in value from $37m to almost $2bn in less than 10 years and the meteoric rise could continue with the company announcing another big milestone.
Urgent plea to stop $22bn hit to Aussies
An invasive species first discovered in 2001 has dodged eradication and now it could strip $22bn from Australia by the 2040s.
Aussie tech firm’s crash ‘one of the worst’
An Aussie tech company stopped in its tracks when $30m went missing has resumed trading and been slammed, with its share price plummeting.
Millions lost in failed sport betting scheme
The man behind a collapsed sports betting business has disappeared, leaving investors fearing they are victims of a Ponzi scheme.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
Bunnings denies ‘slave’ allegations
Australia’s largest hardware chain has come under fierce scrutiny over allegations it has used its market power to mistreat plant suppliers.
ASX slips on Iran missiles, inflation worries
Australian shares slipped on Monday trading as investors price in rising geopolitical uncertainty in the Middle East.
400 workers strike at ‘pig-headed’ giant
Hundreds of workers will strike for 24 hours in a long-running pay dispute with an electricity giant after the company allegedly rejected a new offer from the union.
‘Knows almost nothing’: Chalmers’ hits back
In a startling spray, the Treasurer has challenged the economic understanding of his political foes as he defends a major policy change.
Supermarket bosses to face Senate grilling
Executives from Aldi and IGA will be the first supermarket bosses to appear before a Senate inquiry into grocery prices.
Tough new rules to stop covert takeovers
The Albanese government’s overhaul of mergers policy follows concerns that anti-competitive takeover deals are stifling innovation and cause price hikes.
Builder collapses with homes unfinished
Another home builder has gone into liquidation, with at least 24 houses left unfinished.
Supermarket giant backs new $190m fund
Australia’s largest retailer is going direct to the world’s top start-up companies to keep Aussie supermarkets at the forefront of emerging tech.
Brutal rift over major gas claims
A war of words has erupted between two Labor ministers with each other pointing the finger over a major shortfall facing Victoria.
Aussie company spruiks new $800m wind farm
The chief executive of a growing renewable energy company says the proposed location for a new 300MW wind farm “ticks all the boxes”.
Albo drops major cost of living relief hint
The Prime Minister has dropped a new hint on what Australians could expect in next month’s federal budget.
Secret to improving lives of Aussies revealed
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Dutton blasted over ‘nasty’ rant
Peter Dutton has been swiftly slammed for a series of comments he made to small business leaders as the Opposition Leader ramps up his pitch to voters.
Pasta wars heat up in Sydney suburb
A village-like community will soon be home to a new Italian restaurant, marking the third of the same cuisine within just 200 metres.
Major bank’s huge move on scammers
While criminals siphon hundreds of millions of dollars via scams each year, one bank has launched a new defence.
Bitter fight looms over Aussie wages
The pay packets of 2.8 million Australian workers have become the latest battle between business and unions.
Fresh push for cut to real wages
A key business group has claimed the generosity of previous wage hikes and cost pressures on small businesses mean some workers should have to stomach a real wages cut.
Major school supplier collapses owing $5m
An Aussie company relied on by thousands of parents has collapsed, leaving a trail of unfulfilled orders in its wake and some parents out of pocket.
ASX dips before blockbuster US meeting
The Australian sharemarket has edged lower after a day of choppy trading as cautious investors await the all-important US Federal Reserve meeting.
‘Soul destroying’: Jobs lost in firm collapse
The livelihoods of 55 people have evaporated after a 50-year-old construction company went bust with $20m in debt.
Stamp prices to soar after tick of approval
Aussies are set to pay more for what is becoming an outdated practice after the competition watchdog approved the price hike.
Cut red tape on PPL payments: crossbench
Influential Senate crossbenchers Jacqui Lambie and David Pocock have united in their calls for the government to ease the compliance burden on small businesses.
Ex-Qantas exec new CEO of retail giant
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
China’s huge call on Aussie wine
The Chinese Ministry of Commerce has indicated a massive change is coming to its tariffs on Australian wine imports into China.
Katter, Nats MP clash over supermarkets
Maverick MP Bob Katter has clashed with a Nationals senator, demanding he ‘shut up’ on the sidelines of a probe into Coles and Woolworths.
Skimpies spark outrage among farmers
A couple who hired two skimpies to help sell farming machinery have hit back at outraged onlookers.
Fury as Tesla cancels $24k pie order
A small-business owner was left “high and dry” after Tesla placed a bakery order worth more than $24,000 – only to cancel it at the last minute.
Cult food chain’s secret weapon in US coup
Three Aussie drop outs created a $100m business from Bondi, Australia. Here’s how they will take on America.
Butcher slammed for ‘petting farm’ ad
A Perth butcher has ruffled feathers online after offering customers a product sourced from a ‘petting farm’.
Aussie program US cops’ new secret weapon
From the legendary Los Angeles Police Department to a school district in Las Vegas, one Aussie tech company is soaring in the budding virtual reality market.
Aussie bushfire invention scores duo $150k
A new Aussie invention that arose from the ashes of Black Summer is aiming to become a must-have item for any home in a bushfire risk area.
’Un-Australian’: Happy hour rule infuriates
A Sydney pub’s new happy hour rule has sparked a huge backlash among patrons.
‘No support’: Sad truth about ‘Aussie’ beer
Australia’s once thriving independent brewery scene is at risk of collapse – and there’s a $29 billion reason for it.
Sad reason 7kg melon is selling for $10
A Queensland farmer is selling this 7kg watermelon by the side of the road for $10, here’s why.
Major brands hit by credit card scam
Thousands of Australian shoppers have fallen victim to a major online scam, affecting major brands.
‘Shame’: Locals fume as mall evicts bakery
A Sydney mall has been slammed for ending the lease of a much-loved local bakery after almost three decades to make way for a Bakers Delight store.
Restaurant shuts six months after opening
Sydney’s restaurant scene is feeling the sting of rising interest rates and a cost of living crisis as yet another eatery closes its doors.
Couple remortgage house for ‘crazy’ $1m idea
A daily gut health routine led to a Sydney couple taking a big risk on a side hustle that will soon be available in 1,500 Woolworths and Coles supermarkets.
Customer’s brutal response to Aus Day move
Aussies have said they will ‘think twice’ before shopping at one major shopping chain, after its decision to no longer stock Australia Day Merchandise.
Iconic decades-old bakery leaves sad note
A family-owned bakery in Sydney is being forced to leave its location of nearly 30 years, as the landlord prepares for the arrival of a major national chain.
Popular restaurant booking site closes
A popular restaurant booking service is set to cease its operations in Australia due to the impact of the coronavirus pandemic.
Employees put on notice for WFH in 2024
Working from home is a perk many employees have been enjoying since the Covid-19 pandemic, but that could change for many people in 2024.
$2.3bn project held to ransom over pay demand
Striking workers have put a $2.3bn green energy build at risk over demands of a 17 per cent uplift in pay.
‘Tougher than ever’: Small business crisis
A new survey has revealed the majority of small businesses are doing it “tougher than ever before”, with anxiety worse than during Covid.
‘Losing money’: Small firms under threat
Businesses have been “significantly impacted” and are losing money because of strikes at the nation’s ports, the boss of one company says.
Original URL: https://www.news.com.au/finance/small-business/page/7