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:
- Federal budget: Hefty tax break for small business:Small business win with 30 per cent investment tax deduction extended to 50 per cent.
- $100m angel cash will give firms wings: A surge in the number of start-up businesses gaining funding has put pressure on the venture capital market to come up with more cash to enable those businesses to keep growing.
- Compensate businesses for baby leave: Business groups raise concerns about the cost of Federal Government’s parental leave scheme.
- No exit strategy for deficits: NAB: The Government is largely relying on an economic recovery to whittle down the record deficit, NAB says.
- Budget grants business tax relief:Small businesses will receive tax relief as they struggle to cope with weakening demand brought on by recession, the federal government has announced.
- Big profit for Western Bulldogs’ small business: THE Bulldogs’ forward structure gets whacked almost every week, but its perceived weakness became a strength.
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.