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:
- Govt expands nine day fortnight plan to medium, but not small business: Prime Minister John Key has unveiled the Government’s expansion to the nine-day fortnight scheme, saying businesses with between 50 to 100 workers can now take part.
- Rates Rise for SMEs despite RAB cuts: More than two thirds of small-to-medium sized businesses have said the interest rates on their loans have risen over the past six months.
- Tradie shortage looms: The short supply of tradesmen points to a crisis when the sector eventually recovers, the HIA says.
- NAB goes online to reach people allergic to banks: FOR a conservative sector like banking, NAB’s start-up online and phone-based banking brand, UBank, is behaving rather radically.
- IRD damaging system with approach to tax disputes – KPMG: Inland Revenue and its advisers are using tortuous tactics in key disputes with business that will ultimately damage the country’s voluntary compliance based tax system, an accountancy firm says.
- Cut payroll tax by 50%, says business: THE NSW Business Chamber yesterday called on the State Government for a one-off 50 per cent cut to payroll tax after its business confidence survey revealed a quarter of small and medium-sized businesses planned to sack workers in the next three months.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.