I spent thousands with Meta – it nearly ruined me
A small business owner almost lost her business after her Meta account was hacked. She wants the consumer watchdog to step in so it doesn’t happen to others.
Small Business
Keep on truckin’: sales of big rigs hit record levels
Australia’s truckies are not letting the economic hard times get in their way and are spending up to $1m on new heavy vehicles, lifting big rig sales to record levels.
Farmers at crisis level, Senate inquiry hears
Farmers aren’t paid enough for their produce while supermarkets use cheap vegetables as ‘clickbait’ to get shoppers through their doors, a Senate inquiry has heard.
Business defaults hit a record high and ‘worse is to come’
CreditorWatch research shows businesses with one default have a 24 per cent chance of becoming insolvent in the next 12 months and that rises to a 62 per cent likelihood for three defaults.
‘Nuisance’ tariffs going but food won’t get cheaper
Moves by Treasurer Jim Chalmers to axe tariffs on products from fridges to chopsticks and pens won’t save consumers significant money, industry experts say.
Great Southern Bank’s first-home buyers business soars
Australia’s largest customer-owned bank, Great Southern Bank, reported a softer after-tax profit in the first half of the 2024 financial year but a leap in its first-home buyers business.
Crippling debt: Insolvency ‘tsunami’ worst since GFC
Corporate insolvencies are heading towards their highest level since the GFC more than a decade ago as battered and bruised businesses succumb to crippling debts.
Retail woes aren’t over yet, says Deloitte
Consumer caution will linger for some months despite the nation’s ‘retail recession’ being largely past us, a new report has found.
Whisky maker’s last ditch bid for survival
UK turnaround specialist Hilco Capital is backing a revival of Victorian whisky maker Ostra Distillers, bankrolling a rescue plan to avoid liquidation.
Bankruptcies to rise as more directors hit the wall
Directors of previously wound-up companies are still in the firing line if they gave personal guarantees as business-related insolvencies increase.
Doggie treats firm take a bite out of the US market
A family business which just over two years ago launched an Australian first doggie treats vending machine linked up with Trade and Investment Queensland and is now exporting to the US.
Violence at the checkout as customers vent
The cost of living is hurting Australians and they’re taking out their frustrations against retail workers, Coles chief executive Leah Weckert has told a conference.
Business orders plummet and lift the insolvency threat
Order volumes in January hit a record low, halving in three years, and that has raised the spectre of worsening insolvencies.
Qld activewear firm tipped to be next huge brand
A booming Logan firm has been named the best in the country as it expands overseas and across the country.
Hit to small businesses from Optus outage revealed
The telco ombudsman says small businesses have told her Optus’s free data offer doesn’t compensate for the damage to their profits by last year’s national outage.
Price gouging? Farmers and suppliers disagree
Woolworths and Coles have been accused of predatory pricing and price gouging by some farming groups, but defended by others, submissions to a Senate inquiry show.
Welcome first step on the path to saving family businesses
Senators Pocock and Lambie can make heroes of themselves among the family business community if they can wind back union influence from industrial relations legislation.
Hospitality, retail insolvencies rising faster than construction
Hospitality and retailers are going under at a faster rate than the troubled construction sector, ASIC data shows.
Former NRL hardman targets US market with productivity app
Former NRL second-rower Kirk Reynoldson and his family are on a road trip across the US promoting their innovative productivity app Eggy.
Climate reporting ‘a risk to small business contracts’
Small businesses are at risk of being caught up in mandatory climate legislation designed for large corporations, says BDO.
Original URL: https://www.theaustralian.com.au/business/small-business/page/4