Australia/New Zealand Small Business News Round-up – 22/10/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:

  • PM call for small business summit: The Federal Government will hold a small business summit on the global financial crisis in Brisbane on Friday.
  • Banks overlooked small biz: Opposition leader Malcolm Turnbull says only one bank passed on the full rates cut to small business.
  • Small business to meet on crisis: THE federal government will hold a small business summit on the global financial crisis in Brisbane on Friday.
  • Website aims to link Kiwi business talent: Kiwi companies and entrepreneurs can now link to each other through the internet to help build their businesses. Made from New Zealand, set up to promote locally developed businesses, launched its website
  • Credit squeeze throws spanner in works of small business: HAVING sweated through 43 summers in the Brisbane workshop founded by his father, mechanic Peter Miller says business has never been so slow.
  • Rudd moves to calm small business worries: Prime Minister Kevin Rudd will host a meeting with small businesses to gauge how they are affected by the global financial crisis.
  • Technology the most confusing for small business: Established small companies do not understand the very technology they use in their business, leaving themselves open to unexpected incidents or costs, a recent survey has found. According to an I.T.onTap survey of 535 small business owners, the majority (30.9 percent) of those over five years old reported a high level of IT usage, including self management of a website, customer relationship management tools and e-marketing programs.
  • Small business overlooked by govt: Small business has been overlooked by the federal government in its discussion with business leaders over the economic crisis, the opposition’s treasury spokeswoman Julie Bishop says.
  • Turnbull calls for more small business support: Federal Opposition Leader Malcolm Turnbull says the Government needs to do more to help small business cope with the effects of the global financial crisis.
  • Small business ‘missing out on rates’: Many small businesses have not seen any benefit from the recent cut in interest rates, even though the federal government is prepared to risk billions supporting the banks, Opposition Leader Malcolm Turnbull says.
  • Small Business feeling crunch: Treasurer concedes small business is suffering as leaders call for measures to ease cash flow problems.
  • Call to delay costs:Delaying the costs to business from Australia’s emission trading scheme and paid maternity leave are among issues Brisbane small businesses will raise with Prime Minister Kevin Rudd on Friday.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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