Australia/New Zeadland Small Business News Round-up – 2008/12/17

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:

  • Small businesses to get tax relief: Tax relief on the way for small businesses in the new year to help cope with the economic slump.
  • Tax bonus to help small business through the crisis, says Rudd: ABOUT 1.3 million small business owners will get a New Year tax bonus worth $440 million in the latest government response to the global financial crisis.>
  • Much needed boost for small business : The past nine years have been hard on employers, particularly small employers. A Government whose members had little personal experience of an employer’s obligations loaded more holidays and other costs on to those obligations and made it fearfully difficult to get rid of an unsatisfactory employee. The new Government has moved to quickly to restore a balance, at least for small employers.
  • Small business to go green on Rudd’s Carbon reduction plan: SMALL businesses and community organisations will get subsidies to convert to environmentally friendly technologies as part of the Rudd Government’s response to climate change to be announced today.
  • Cash flow boost for small business: Small business will get an “effective” tax cut by deferring part of their next tax instalment, Prime Minister Kevin Rudd says.
  • NSW businesses ready to hire: Many NSW businesses will increase staff numbers next year despite the challenging economic climate, the state’s peak business group says.
  • Fortescue in flux: The fortunes of Andrew ‘Twiggy’ Forrest are again in the balance and the mining entrepreneur will need all his nous.

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

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