Business News

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 …

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 …

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 …

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 …

Small businesses experiencing financial difficulties are often leaving it too late to seek help. This is one of the factors contributing to small business insolvencies that has been explored at the first meeting of the reference group established by the Australian Small Business and Family Enterprise Ombudsman as part of …

According to new research by leading loan-specialist RedZed, only one in five self-employed Australians have a mentor, while nearly half report never having one. “We believe in the importance of mentoring and recognise what an asset it is for self-employed Australians, especially when they are growing and developing a new …

November is the perfect time for smaller bricks-and-mortar stores to angle for a share of the pre-Christmas spending period, writes ALNA General Manager – NSW/ACT Ibram Kamil. November has traditionally been ‘the calm before the storm’, a period where retailers ready themselves for the peak spending season of Christmas and …

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 …

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 …

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says a lack of access to funding is the biggest barrier to growth for small businesses. “The most recent SME Growth Index revealed one in five SMEs are experiencing cash flow problems due to business loans being rejected,” Ms Carnell said. “Even …