Government & Compliance updates affecting Australian Business

April deadlines for government grants in SME research and innovation

12th Apr, 2019 |
By Benjamin Kluwgant

Two lucrative government grants for innovative SMEs conducting research are about to hit deadline. Here’s what you need to know to get in at the eleventh hour.

Raising the minimum wage – Shorten’s plan raises concerns for SMEs

10th Apr, 2019 |
By Benjamin Kluwgant

With the Australian Federal Election just around the corner, opposition leader Bill Shorten has made it clear he intends to increase the minimum wage in Australia – something that will likely impact SMEs around the country.

Federal Budget 2019 – Opposition Budget reply keeps small businesses guessing

4th Apr, 2019 |
By MYOB Team

The Labor Party’s Budget reply supports the Government’s surplus and some tax cuts, yet more detail is required before clear benefit seen for the small business sector.

Federal Budget 2019 – surplus to deliver certainty in a year of election

2nd Apr, 2019 |
By MYOB Team

With a number of measures to stimulate consumer spending and ease the burden of cost for small businesses, the surplus may ease concerns regarding the global economy.

Federal Budget 2019 – personal income tax relief to boost spending

2nd Apr, 2019 |
By Campbell Phillips

The Government has announced additional tax relief for Australians as part of its ‘Back in Black’ Federal Budget 2019 in a bid to ease the cost of living.

Federal Budget 2019 – everything small businesses need to know

2nd Apr, 2019 |
By Patrick Stafford

An increase in the Instant Asset Write-Off from $25,000 to $30,000, extra funding for export reimbursements and personal tax cuts are the biggest takeaways from this year’s Federal Budget.

Federal Budget 2019 – ABN shakeup to crack down on black economy

2nd Apr, 2019 |
By Patrick Stafford

Among the Instant Asset Write-Off increase and some extra money for export spending, the Government threw in a little surprise with this year’s pre-election budget with changes to the ABN system.

Federal Budget 2019 – Instant Asset Write-Off increases to $30,000

2nd Apr, 2019 |
By Patrick Stafford

Hold on to your hats. Just weeks after the Government already announced an increase in the Instant Asset Write-Off from $20,000 to $25,000, tonight’s Federal Budget one-ups that.

Morrison offers SMEs extra $61M for export marketing

1st Apr, 2019 |
By Benjamin Kluwgant

Ahead of the Federal Budget release, the government has announced plans to offer SMEs an additional $60 million in funding to assist with overseas marketing activities, writes Benjamin Kluwgant.