The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the Australian Government’s extension of the SME Recovery Loan Scheme, providing small and family businesses with critical access to finance as they work to…
… has welcomed the Australian Government’s extension of the SME Recovery Loan Scheme , providing small and family businesses with critical … do best – growing their business. “The extension of the SME Recovery Loan Scheme will offer much-needed cash flow to …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says the Federal Government’s 2021 Budget is a clear acknowledgement that small and family businesses are central to the nation’s economic recovery and future prosperity.…
… entrepreneurship through the New Enterprise Incentive Scheme (NEIS) and Entrepreneurship Facilitators Program $1.2 billion investment in the digital economy $10 billion guarantee of reinsurance pool to cover cyclone and flood … Billson says he also recognises barriers still exist for SME insurance coverage in other parts of Australia. “In the …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has recognised the rise of ‘womenpreneurs’ and the key role women will play in driving future business growth on World MSME Day (Sunday 27 June, 2021).
World…
… on World MSME Day as being a crucial part of the global SME ecosystem who are looking for new growth opportunities. … on World MSME Day as being a crucial part of the global SME ecosystem who are looking for new growth opportunities. …
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An increase in the national wage and higher superannuation payments are among a raft of changes starting on July 1 that small and family businesses must be aware of, says Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman.…
… Ombudsman’s Pay and Conditions Tool and pay guides . Super Guarantee Employers will be required to make superannuation guarantee contributions to their eligible employee's super … to pay tax at other taxing points under a tax-deferred scheme, and this will need to be reported using existing …
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In a move that has been welcomed by the Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, South Australia and Victoria will be the first states to implement the Automatic Mutual Recognition Scheme. The scheme removes the…
… Mutual Recognition Scheme slashes red tape for tradies and professionals 17 … first states to implement the Automatic Mutual Recognition Scheme. The scheme removes the need for tradespersons and professionals …
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The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, urges all Australians to recognise the hard work and entrepreneurial spirit of the people driving our 2.5 million small businesses on World Micro, Small and Medium-sized…
The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, urges all Australians to recognise the hard work and entrepreneurial spirit of the people driving our 2.5 million small businesses on World Micro, Small and Medium-sized…
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says the Australian Government’s 2022/23 Budget offers welcomed targeted support to Australian small and family businesses.
The Budget includes several new, extended…
… weeks with the ACCC ensuring those savings flow through.” SME procurement New procurement rules will make it easier for … weeks with the ACCC ensuring those savings flow through.” SME procurement New procurement rules will make it easier for …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says insurance premiums will be more affordable for small businesses in Northern Australia, under a new Federal Government scheme to launch next year.
Mr Billson…
… in Northern Australia, under a new Federal Government scheme to launch next year. Mr Billson welcomed plans for a … pool to be backed by a $10 billion Federal Government guarantee to cover cyclone and flood damage across Northern … Billson says he also recognises barriers still exist for SME insurance coverage in other parts of Australia. “In …
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New instant asset write-off thresholds, updated tax rules, increased superannuation payments and a rise in the minimum wage are among changes coming into effect on 1 July, says Bruce Billson, the Australian Small Business and Family Enterprise…
… and installing batteries and heat pumps. Under the scheme, which is pending passage through Parliament, up to … ready for use between 1 July 2023 and 30 June 2024. Super Guarantee The super guarantee (SG) rate will increase from 10.5% to 11% for all …
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Income tax cuts, a rise in the minimum wage, updated information on tax deductions and increased superannuation payments are among changes coming into effect on 1 July, says Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman…
… the Australian Taxation Office for more information. Super Guarantee The Super Guarantee (SG) rate will increase from … will lift from 20% to 25%. It also says it will raise the SME exemption threshold to $500,000 to make it easier for … will lift from 20% to 25%. It also says it will raise the SME exemption threshold to $500,000 to make it easier for …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has urged struggling small and family businesses to be proactive at tax time, as a new report reveals declining payment plans despite record collectible debt owed to the…
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has urged struggling small and family businesses to be proactive at tax time, as a new report reveals declining payment plans despite record collectible debt owed to the…
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TRANSCRIPT
Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Leon Delaney.
Radio 2CC Canberra
Subject: payment surcharges and least…
… Interchange fees. You've got merchant service fees. Issuer scheme fees. Acquirer scheme fees. I mean all these are bundled together … and I … making a difference between debit cards, credit cards, and scheme cards, like where you get extra rewards or benefits or …
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Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman, is calling on the community to join him today in saying a big thank you to the women and men running our small and family businesses.
Mr Billson said World Micro, Small…
Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman, is calling on the community to join him today in saying a big thank you to the women and men running our small and family businesses.
Mr Billson said World Micro, Small…
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MEDIA STATEMENT
Ombudsman welcomes red tape buster for tradies, licensed workers
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says small business…
… the Australian Government’s Automatic Mutual Recognition Scheme. The Scheme is currently in place and applies to an expanding … their skills across the country,” Ms Billson says. “The scheme offers small business employers the opportunity to …
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The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, is urging Federal Parliament to give certainty to small business about two crucial tax breaks announced in last year’s budget.
“Time is running out with just six weeks…
… certainty.” “I encourage the Parliament to act swiftly to guarantee these small business tax incentives.” The two … 2024. (The Treasurer announced in this week’s budget the scheme would be extended to 30 June 2025.) Without … certainty.” “I encourage the Parliament to act swiftly to guarantee these small business tax incentives.” The two …
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Originally published in the Canberra Times.
By Bruce Billson.
I was shocked, but sadly not surprised, to read recently that one in five small businesses have zero cash reserves.
About 18 per cent have less than a month's worth of cash…
… the foundations for success. In Singapore, a tax discount scheme is available in the early years of a new enterprise in … incentive in the form of a tax discount or offset scheme to support businesses retaining more of the … to energise enterprise. Singapore's start-up tax exemption scheme is specifically designed to recognise that new …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says small business tradespeople will be able to meet the demand for their skills wherever they are in Australia under new laws passed by the Senate.
The Australian…
… freedom of movement across states and territories, the scheme also includes safeguards to maintain standards and … $11 million Budget commitment to implementing the scheme, which will be used in part to improve information … and territories is expected to enable commencement of this scheme from 1 July, 2021. … The Australian Small Business …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the Australian Government’s $1.2 billion investment in the nation’s digital future, including the 30% tax offset for the video game industry.
Mr Billson…
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the Australian Government’s $1.2 billion investment in the nation’s digital future, including the 30% tax offset for the video game industry.
Mr Billson…
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Originally published in the Canberra Times.
Australia's small businesses have been treated in a very shabby way by squabbling in our Federal Parliament.And our Parliament is a repeat offender.
Repeatedly we hear it said that small business…
… and heat pumps. The government boasted the $314 million scheme had been "specially timed" to help small businesses … for their future growth. Now the clock is running out. The scheme requires a small business to have the assets or … no less than six months from Royal Assent until the time a scheme ends. Such incentives help energise enterprise. That's …
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Many small businesses say they feel excluded from the chance to tender for Australian Government procurement contracts because they are not part of the ‘in-crowd’ or find the process too hard to navigate, says the Australian Small Business and Family…
… up to a particular value. “Yet being on a panel does not guarantee work. Many small businesses have told us how they … up to a particular value. “Yet being on a panel does not guarantee work. Many small businesses have told us how they …
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The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, says the small business community is exasperated by the delay in passing vital incentives to invest and create jobs that will expire on Sunday.
The Ombudsman called for…
… no less than 6 months from Royal Assent until the time a scheme ends. “Incentives like these programs help energise … and heat pumps. “The Government said the $314 million scheme had been ‘specially timed’ to help small businesses … no less than 6 months from Royal Assent until the time a scheme ends. “Incentives like these programs help energise …
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Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman sat down with Nick Fox, Deloitte’s Payment Times Reporting Lead to discuss the recent release of the first Payment Times Reporting Register.
Below is a summary of the…
… Payment Times Reporting Scheme 10 March 2022 Bruce Billson, the Australian Small … sat down with Nick Fox. … Payment Times Reporting Scheme …
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By Bruce Billson.
Published in the Western Advocate.
More needs to be done to support and recognise small businesses.
A RECENT Westpac study found almost half of the people starting their own business are motivated by the dream…
… the valley of death for cash flow. It offers an incentive scheme for eligible businesses to reduce the amount of tax … incentive in the form of a tax discount or offset scheme to support businesses retaining more of the … the valley of death for cash flow. It offers an incentive scheme for eligible businesses to reduce the amount of tax …
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Read Bruce's 2023-24 Budget Brief
Read the May 2023-24 Budget Snapshot for Small Business
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says tonight’s Budget helps small businesses with contemporary…
Read Bruce's 2023-24 Budget Brief
Read the May 2023-24 Budget Snapshot for Small Business
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson says tonight’s Budget helps small businesses with contemporary…
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Originally published in the Canberra Times.
By Bruce Billson.
A good business pays its taxes, proper employee entitlements and its small business suppliers in a timely way.
Not paying is an unfair advantage over other businesses who…
… the up-until-now ineffective payment times reporting scheme and tools that monitor big business payment ambitions … to big business so we support a "name, proclaim and shame" scheme that celebrates those who support small business by … for a "Good Business Pays" recognition and accreditation scheme to honour businesses which fulfil their workplace …
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TRANSCRIPT
Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Luke Grant.
Money News 2GB/3AW/4BC
13 December 2022
…
TRANSCRIPT
Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Luke Grant.
Money News 2GB/3AW/4BC
13 December 2022
…
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The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, says he welcomes the regulator’s decision to retain and enhance vital protections for small businesses in the new Banking Code of Practice.
“A push by the banks…
… is held with a prospective guarantor before taking a guarantee, and to discuss customer circumstances and … is held with a prospective guarantor before taking a guarantee, and to discuss customer circumstances and …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson extract of interview with Philip King.
Accountants Daily Insider - Podcast
Subject: Payment times, …
… out a report on how well the small business restructuring scheme had gone. And I suppose the elephant in the room in … was how few small businesses had benefitted from that scheme. Bruce Billson No one could accuse that scheme of peaking early. It’s been a slow build up, but …
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Originally published in The Canberra Times
By Bruce Billson
What's going on for small business right now? We have seen the first quarterly improvement since August 2022, suggesting that conditions might be stabilising and the most difficult…
… growth and sustainability. A tax discount or offset scheme, allowing new businesses to retain more of their … growth and sustainability. A tax discount or offset scheme, allowing new businesses to retain more of their …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Leon Delaney.
Radio 2CC Canberra
Subjects: How small business can prepare for a…
… to things like the Telecommunications Industry Ombudsman Scheme to be prepared to compensate businesses that have had … to things like the Telecommunications Industry Ombudsman Scheme to be prepared to compensate businesses that have had …
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