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  1. SME success strategies in the wake of a pandemic

    to changing travel regulations, border controls and vaccination rollouts, mean remaining flexible is the key to success. Last year, we saw many organisations move to company-wide remote working with very little notice. While some had remote working...

    • Type: Article
    • Author: Scott Harrington, William Buck
    • Category: Business
  2. SME sector running hot and cold, survey finds

    growth was at a seven-year high point but those expecting revenues to contract had leaped 18 per cent compared with last year. The report said the fate of the construction sector, the largest SME category in the country, was a significant factor. “A...

  3. SME owners must engage ‘exit planning’, says William Buck

    a business is in the best position to go to market. So, the fact that only three in 10 have had their business valued in the last three years is quite alarming,” he said. “Most business owners can alleviate their biggest concern when selling and receive...

  4. SME owners bullish amid uncertainty

    who anticipated growth in 2015 and 64 per cent in 2014. Forty-nine per cent of SME owners reported actual growth over the last 12 months, which is in line with 2015 and up 3 per cent from 2014. At the other end of the spectrum, 20 per cent reported a...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax
  5. SME owners ‘fearful’ about not being paid, says ASBFEO

    area of concern for small and family businesses and now accounts for 42 per cent of assistance cases, up from 36 per cent last year.” An annual summary of assistance provided to small and family businesses by ASBFEO showed there were 6,254 help requests...

  6. SME loan scheme expansion only addresses symptoms: CPA Australia

    careers, there’s no longer-term objective here.” She believes the government should act on a recommendation put forward last year by the accounting, bookkeeping and small business bodies for a professional advice subsidy for small businesses. The...

  7. SME lending reaches record high

    report by the Australian Bankers’ Association (ABA), banks approved approximately $88 billion in new small business loans last year, up from $77 billion two years ago. The report found almost nine in every 10 small businesses said they do not see access...

    • Type: Article
    • Author: Emma Ryan
    • Category: Business
  8. SME lender lists on ASX

    Pacific’s most significant acquisition to date was perhaps that of rival SME lender Bibby Financial Services in December last year, with the combined business now employing almost 300 staff, handling approximately $10 billion of annual sales and...

    • Type: Article
    • Author: Reporter
    • Category: Business
  9. SME insolvencies tipped to rise in 2020

    SME insolvencies are forecast to increase in 2020, reversing a positive trend witnessed over the last couple of years, new research has shown. According to new data released on Friday by digital credit agency CreditorWatch, while 14 per cent fewer SMEs...

    • Type: Article
    • Author: Reporter
    • Category: Business
  10. SME employee growth rate on ‘downwards slope’, recent data reveals

    The year-on-year employee growth rate for small business has halved since April last year, according to the latest Employment Hero SME Index. Employment Hero’s April SME Index Update indicates that the employee growth rate for SMEs has fallen from 11...

  11. SME digital platform disputes up 86%: ASBFEO

    Disputes between small businesses and big tech platform providers have increased by 86 per cent since the same time last year, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) revealed. The small business advocate said digital...

  12. SME confidence on the rise

    cent of business owners anticipate growth in the next 12 months while 46 per cent of owners reported revenue growth in the last 12 months, and just 20 per cent reported a decline. Andrew Graham, national head of business solutions at RSM Bird Cameron...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  13. SME cash flow confidence for 2025 is on the rise, Zoho reveals

    were struggling as 80 per cent had been forced to increase prices based on operational costs and interest rates over the last year. Aside from continued challenges, almost half of Australian small businesses have forecasted their cash flow levels to...

  14. SME business conditions reach record high pre-lockdown

    economic rebound have been shown to trickle down to smaller firms. NAB released the results of its Q2 SME business survey last week which show that the SME sector recorded a business conditions increase of 31 index points through the quarter, the...

  15. SMC calls for ‘swift’ legislation of parental leave scheme

    take time out of their paid workforce to raise children. For most age ranges, the gender super gap has narrowed over the last 10 years; however, it has gone “backwards” for women in their 30s. Parental leave is one of the only types of paid leave that...

  16. Small-business job growth tumbles to 10-month low

    in August, it was yet another tough month for small businesses as jobs growth slowed to its lowest result since October last year,” Mr Lyons said. “The Xero Small Business Insights data does provide some green shoots of hope, with an increase in sales...

  17. Small-business gardener denied JobKeeper over taxable supply issues

    him is the financial year ended 30 June 2020. That is not a tax period that ended before 12 March 2020,” the AAT said. “The last annual tax period that ended before 12 March 2020 was the financial year ending 30 June 2019. However, the Applicant did not...

  18. Small practices that sell a vision can beat Goliaths to staff

    to put effort into staff retention, with one-third of staff reportedly moving between professional services firms over the last two years. Exit interviews at accountancy firms showed 41 per cent blamed the culture for leaving, 48 per cent said the work...

  19. Small cap IPO market outpacing large listings

    of 2016. Mr Ohm said that it is striking that there has been an absence so far this year in very large listings. “This time last year, we had seen two companies list with a market capitalisation of around $1 billion and 11 companies list with a market...

  20. Small businesses winded by lockdown restrictions

    Australia’s road to economic recovery hit a major bump in July, as small businesses recorded their worst performance since last December in the face of ongoing lockdown restrictions affecting more than half of the Australian population. Xero on Thursday...