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.
Small Business
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.
Work from home more disruptive than Covid: cafe king
Working from home is here to stay, despite the best efforts of some of Australia’s biggest companies to rein it in. Here’s how small business can adapt.
Lifeline for exotic mushroom grower
An exotic mushroom grower hit by a slump in sales following a high profile poisoning case in Victoria has secured a last minute lifeline from creditors.
Construction dominates as failures spike by a third
Company collapses surged 37 per cent in the December half with expectations of more in 2024 as the ATO makes it harder for embattled small businesses to survive.
Talk is cheap but food isn’t and that won’t change
The inquiry is a smoke and mirrors exercise by a government pretending to be doing something about cost-of-living increases that has nothing to do with food prices.
Hiring and retaining staff worries mid-tier firms: KPMG
KPMG says a surge of immigration and a cooling labour market has had little effect easing concerns about hiring and retaining workers by mid-tier firms.
Restaurant booking service to close Australian operations
A global restaurant reservation and reviews service will close its Australian operations after 15 years citing the need to cut costs because of the impact of the Covid pandemic.
Businesses ‘need to protect their supply chains’
The Middle East is tinderbox, election tensions are ramping up in the US and globally, and if businesses don’t protect their supply chains they will pay the price, says McGrathNicol.
RBA acknowledges cost of living is hurting growth
Internal documents reveal the RBA is acutely aware of the impact cost of living and interest rates are having on consumption and economic growth.
Craft brewer calls in administrators
The ‘perfect storm’ of sinking demand and rising costs has forced a Sydney craft brewery into voluntary administration.
Insolvency storm looms as rate pain sets in
The insolvency storm surrounding retail and hospitality is expected to intensify in 2024 as the full impact of interest rate rises flushes through the economy.
Building industry is only going to get worse
Australia’s $360bn building sector is preparing itself for a horror 2024 as insolvencies spike on the lagging impact of contracts signed during the Covid-19 pandemic.
Melbourne mum turned millionaire entrepreneur
Run from a spare room, two friends have cashed in on the beauty industry, turning over $3m in three years with their DIY nail kits.
Top 20 Under 40: Qld’s young business stars revealed
From a protein bar king turning over $20m to a construction queen solving the housing crisis these young, determined stars are taking the business world by storm.
Business failures loom as confidence dives
Australia’s economy is teetering, business failures are increasing, confidence is slumping and loan failures loom, market watchers say.
‘Not good enough’: Telstra overcharges customers $21m
The communications watchdog says it has ‘lost patience’ with the nation’s biggest telco for significant billing errors that left small businesses out of pocket for over a decade.
Why under-40s are starting businesses in droves
High living costs prompt some new businesses but there are other key reasons why Millennials and Gen Y become entrepreneurs.
Original URL: https://www.theaustralian.com.au/business/small-business/page/5