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:
- Survey shows SMEs want simplified international accounting standards: An overwhelming number of small businesses support the introduction of special international financial reporting standards for SMEs that could help cut complexity and cost involved in preparing…
- NSW budget cuts payroll tax and stamp duty and delivers preferred purchasing policy for SMEs: The NSW Budget has delivered on consolations to small businesses but the Government’s promise to deliver spending cuts has been questioned.
- Security breaches cost SMEs $600 million – heres how to avoid them: Small businesses lost over $600 million due to security breaches in 2007, according to a new report from the Australian Institute of Criminology.
- Business Ideas – We want to share 100+ business ideas with you, by fact-sheet and video.
- Struggling SMEs must co-operate with ATO or Face Crackdown: The ATO’s top small business official has urged small businesses struggling with tax debts that they must continue to lodge tax returns and co-operate with the ATO or face penalties…
- Australian state gives preference to local contractors for goods and services: SYDNEY (AP) — Australia’s most populous state on Tuesday offered preferential treatment for local contractors, prompting a federal minister to warn against a protectionist response to the shrinking global economy.
- ATO steps up crackdown on cash economy, home renovations and retailers:The Australian Taxation Office announced much-needed tax relief for small businesses yesterday, but don’t think the Tax Man is going soft. The ATO says the downturn is tempting small businesses…
As always this list is not exhaustive, but I hope it will give you a little overview. — ST.