Australia/New Zealand Small Business News Round Up – 2009/04/08

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:

  • Rudd Banks for small business on the cards:  The Rudd Government may consider setting up a special multi-million dollar fund for small business if it is found that the banks are not lending small businesses the money they need to survive the credit crisis.
  • Vic to beat NSW to smart meters: Victoria has announced it will start rolling out smart metering technology via energy distributors by the end of this year.
  • Xero seals big deal with TelstraSoftware company Xero has teamed up with Telstra to grab a chunk of the Australian telco giant’s 700,000 small business customers.
  • Entrepreneurs who keep it in the family: Mario Salvo has worked with family and come out a winner. But how hard is it to make it work?
  • Small business to get Government cash if ads are stimulating: Leading advertising agencies say small and medium businesses can still attract a piece of the Government’s $42 billion stimulus package without breaking the budget
  • Malcolm Turnbull focuses on small business: MALCOLM Turnbull has championed economic freedom as he unveiled a Coalition small business plan that would allow struggling small operators to claim back up to $100,000 in tax paid in the three previous years.
  • NAB refuses to pass on rate cut: Two of the major banks have snubbed the Federal Government’s plea to cut home loans rate in line with today’s Reserve Bank 0.25 per cent reduction in a major breakdown of the informal pact to pass on cuts to consumers.

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

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