A whistle-blower has made claims the ATO has neglected assessing cases by merit and adopted a quota criteria instead.
Small business sales rose by 3.6% over the year to the three months to October, according to the latest ANZ report, as food and travel-related services continue to outshine “traditional” retailers.
SmartCompany editor James Thomson took time out from his busy schedule to talk to Today Tonight about the debt problems suffered by Nathan Tinkler, the former tradie who became Australia’s youngest billionaire.
Start-ups are being urged to remain vigilant in managing their working capital to avoid a cashflow crash in the new year as they stare down the barrel of a lukewarm Christmas trading period.
Less than 5% of consumers research products in-store before eventually purchasing them online, new research reveals, suggesting there is no need for retailers to introduce “fitting fees”.
Business conditions have fallen to their weakest level in more than three years, according to NAB’s Monthly Business Survey, which suggests a February interest rate cut is “on the cards”.
The struggles of the Australian toy market have been put into sharp focus by a US-based start-up founded by a former Pixar executive, which has raised $11.5 million for an internet-connected, artificially intelligent teddy bear.
Group buying niche players have been warned of tough times ahead following predictions that consumer spending in the sector will drop to $530 million this year, revised down from more than $600 million.
The Reserve Bank has confounded expectations by leaving the cash rate unchanged at 3.25%, despite widespread predictions of a 25 basis point cut, and an appeal from Westpac chief Gail Kelly to help lift flagging consumer sentiment.
Almost a third of Australian businesses expect to boost their long-term investments in the New Year, according to the latest Dun & Bradstreet survey, as firms respond to lower interest rates.
A growing number of start-ups are turning to crowdfunding as a source of finance. But be warned: From intellectual property to ASIC regulations, there are serious pitfalls for the unwary. BY REECE WALKER.
The Council of Small Business of Australia is in turmoil after its annual general meeting last week, with Ken Phillips resigning as chair after the council's accounts were unable to be signed off.
Retailers are not willing to give up the fight on import GST, but some executives think it is a distraction from the real issues.
This year’s Melbourne Cup Carnival will see spending increase by 4.1% on 2011, according to IBISWorld, which has highlighted oppportunities for retailers and regional tourism operators.
Grants are back on the table, it seems, with Commercialisation Australia now confirming the organisation is handing out new grants to small businesses after a temporary freeze.
In the past couple of days, Taskmaster’s little helpers – the operations manager, the account managers and our accountant – have all been assembled in the meeting room to confront a potential crisis: Christmas.
Consumers are prioritising spending on new clothes, entertainment and technology, according to a Nielsen survey, which shows consumer confidence rose by eight points in the third quarter.
The high wire act of running your own business is made a little easier by knowing you have some safeguards in place. BY TOM McKASKILL.
Economy-wide spending rose by 3.9% in September, according to the Commonwealth Bank Business Sales Indicator, but a spike in inflation has reduced the likelihood of another rate cut.
Consumer credit demand fell by 1.4% for the September quarter, according to consumer data intelligence company Veda, as Australian consumers maintain cautious spending and become more determined to reduce debt.