Tags Michael McCormack

Tag: Michael McCormack

New Deputy PM Michael McCormack pushing for cabinet to reabsorb small business ministry

Former Small Business Minister Michael McCormack has been sworn in as the Deputy PM, having secured the leadership of the Nationals in the wake...

Cabinet reshuffle: new Small Business Minister appointed, Jobs & innovation portfolio created

A cabinet reshuffle has been announced by Prime Minister, with Michaelia Cash named Minister for Jobs and Innovation, and Craig Laundy promoted to Minister...

Turnbull Government paying 60% of its small business invoices within 20 days, report shows

Federal Government agencies are paying 96% of their small business contractors within thirty days of receiving an invoice, according to a new report. Minister for...

Government to help small businesses digitise, go global with revised $18m advisory program

To help small businesses get online and reach new markets through digital platforms, the Federal Government has overhauled its Australian Small Business Advisory Services...

The Federal Government commits to paying small businesses ten days sooner by July 2019

The Federal Government will begin paying small business suppliers ten calendar days sooner to improve their cashflow, it has been announced. Under the Government’s...

One in two small businesses relying on new protections against unfair contract terms

A survey of 1280 SME operators has found that nearly half (49.6%) had relied on unfair contract terms legislation, implemented last year, to negotiate...

Competition law reforms now in effect will level the playing field for small businesses

Reforms to the Competition and Consumer Act 2010, which took effect this week, will level the playing field between small and big businesses while...

The $20,000 instant asset tax write-off has been used by 300,000 SMEs, says Federal Government

Nearly 300,000 small businesses have taken advantage of the Federal Government’s $20,000 instant asset tax write-off scheme, according to 2015-16 tax office data. The data...

Small businesses being used as ‘cheap form of finance’ by larger ones: late payment inquiry

By extending payment times to small businesses in the supply chain, large Australian and multinational organisations are effectively using them as ‘a cheap form...

Small businesses losing custom to larger orgs

Despite voicing a preference for ‘shopping small’, Australian consumers are increasingly transacting with large organisations, further widening the gap between small and big businesses...

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Can the battle over the US Supreme Court influence businesses beyond US borders?

The world has watched US politics this year with a mixture of dismay, amusement and confusion. One of the most controversial political...

PM unveils blueprint for Australia’s economic recovery in pre-budget speech

Today the Prime Minister Scott Morrison delivered his pre-budget speech on “arguably one of the most important” budgets since the end of...

Will we see more Australian businesses transact with cryptocurrency?

Cryptocurrencies have had a rocky road towards mainstream acceptance. In 2017, the CEO of JP Morgan, Jamie Dimon,...

Let’s Talk: Workplace bullying

Conflict management is an often overlooked but crucial skill to business and entrepreneurship. The ability to cultivate and maintain good relations is...

How DebtForce is helping businesses get paid on time, every time

Having customers adhere to your trading terms is a perennial challenge for business owners, and being paid on time can be the...

Emesent’s autonomous drones disrupt the mining space

Drone company Emesent is taking pilotless aircraft to new heights, with autonomous technology allowing miners to access unchartered spaces, and defence forces...

Responsible lending law reforms to boost credit

The Federal Government has announced changes to responsible lending laws in the hopes of boosting Australia's flow of credit. Under the changes,...

Aussie Broadband prepares to list despite pandemic disruptions

Aussie Broadband, Australia’s fifth largest provider of NBN services, is set to list on the ASX this October. The ISP will list...