Business News

ACAPMA launches new insurance offering

The ACAPMA Insurance arrangement is said to deliver competitively priced insurance and risk solutions that are specifically designed to meet the needs of a variety of fuel businesses in Australia. ACAPMA (and its predecessor organisation, APADA) has a long history of working to deliver comprehensive and competitively priced insurance products …

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New legislation will combat illegal phoenixing

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomes the new legislation to implement Director Identification Numbers (DIN) and modernise business registers. If passed, the legislation will require Australian company directors to have a unique identification number. Ms Carnell says the legislation will help combat illegal phoenixing, a …

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Ombudsman welcomes advent of Business Growth Fund

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed new legislation introduced today by the federal government to establish the Australian Business Growth Fund. “The Australian Business Growth Fund was a recommendation in our ‘Affordable Capital for SME Growth‘ report, which identified the need to address a …

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ACCC set to authorise BP, Qantas loyalty scheme

The ACCC is proposing to grant authorisation allowing Qantas, BP Australia and independent BP petrol stations to collectively participate in the BP Rewards, Qantas Frequent Flyer and Qantas Business Reward programs. In September, it was announced that Qantas Frequent Flyer would become the “cornerstone partner” of BP’s new customer loyalty …

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Seven pay rules employers often break

Tracy Angwin, CEO at Australian Payroll Association, has revealed the seven rules surrounding employee pay and entitlements that employers commonly break. Ms Angwin says employee-related federal and state-based legislation and employee awards change regularly. “Therefore,” she said, “companies need to be aware of their legal obligations to enable them to …

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Lawyer advocates open-minded approach to ‘wage theft’ debate

A Sydney insolvency lawyer has called for a considered stance and open-minded policy discussion on criminalising errors in remuneration, particularly for small to medium enterprises (SMEs) that are more hard pressed financially than bigger firms. Ben Sewell, principal at specialist law firm and consultancy Sewell & Kettle, is concerned that …

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