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






