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…
… leaders as we near the end of the financial year it can be easy to overlook new and changing rules. However, there … put aside. “The end of the financial year is also a good time to not just have a stocktake but to take stock of the … introduced during the COVID pandemic which expires on 30 June and provided a write-off of eligible assets costing …
… Payment Times Reporting Scheme Cash flow is vital to the survival of small and family businesses. Making payment information available to the public can help small … due, check your invoice has been processed and is due to be paid. If payment is 1-2 days overdue, contact the accounts …
Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Oly Peterson.
6PR Perth
26 June 2023
Subject:
Micro,…
… TRANSCRIPT: Micro, Small and Medium-sized Enterprises Day, Small Business Matters data report 26 June 2023 … Small and Medium Enterprise Day and we think it's a great time to shout out to those small and family businesses that … And that's important. But for younger people under 30, Bruce, I see a stat in your report, that shows just 8% …
Australian Small Business and Family Enterprise Ombudsman Bruce Billson extract of interview with Selina Green.
ABC SA South East live from Lucindale
Subject: Visit to South East Field…
… They're the backbone of this part of the country. 30% of all small businesses in Australia are in regional … we do. And I'm jazzed about being able to do that every day. Selina Green Yeah, because I imagine within your field … hire finance business, someone's got a harvester on payment terms or it might be even the tax office - wanting …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Leon Delaney.
Radio 2CC Canberra
10 November 2023
…
… for hours on end. And now yesterday at the end of the day, around 5:30 in the afternoon, they finally said, well, look, we'll … not just about making and receiving phone calls, Leon. Payment platforms are enabled, bookings arrangements, your …
… were 849,075 small businesses in New South Wales (NSW) on 30 June 2023. These accounted for 34% of all Australian small … in the year to June 2023. Chart 1: Small business in NSW, 30 June 2023 “Currently Unknown” is comprised of a small … There were 594,855 small businesses in Greater Sydney on 30 June 2023, representing 70% of all small businesses in …
… representing 1% of Australian small businesses on 30 June 2023. This is consistent with the 1% of Australians … 7. Chart 1: Small businesses in Northern Territory, 30 June 2023 Source: Based on Australian Bureau of … the Territory’s small businesses were in Greater Darwin on 30 June 2023. The areas with the highest number of small …
… Payment disputes Payment plan enables outstanding payment to be made A small business owner had an ongoing payment dispute … emails had contact names or phone numbers attached. Each time the small business owner contacted the company, he would …
… were 238,907 small businesses in Western Australia on 30 June 2023, representing 9% of all Australian small … west [1] . Chart 1: Small businesses in Western Australia, 30 June 2023 Source: Based on Australian Bureau of … There were 190,679 small businesses in Greater Perth on 30 June 2023, representing 80% of Western Australia’s small …
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…
… urges small businesses to get on the front foot at tax time 30 June 2021 The Australian Small Business and Family … proactive at tax time, as a new report reveals declining payment plans despite record collectible debt owed to the …
… There were 482,836 small businesses in Queensland on 30 June 2023, representing 19% of all Australian small … Queenslanders 3 ). Chart 1: Small business in Queensland, 30 June 2023 Source: Based on Australian Bureau of … Greater Brisbane, there were 221,618 small businesses on 30 June 2023, representing 46% of all small businesses in …
… There were 155,221 small businesses in South Australia on 30 June 2023, representing 6% of all Australian small … Australia 4 ). Chart 1: Small business in South Australia, 30 June 2023 Total includes a small number of businesses … Australian small businesses were in Greater Adelaide on 30 June 2023. This is consistent with South Australia’s …
The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, has welcomed the introduction of legislation into Federal Parliament that will create a “designated-complaints” mechanism to fast-track serious disputes for small businesses…
… importance of their issues and the need for the issues to be examined and actioned by the regulator. We currently refer … the ACCC for its attention to help ensure that unnecessary time does not elapse, which may cause additional harm to … conduct and practices. “Small businesses suffer in real time when concerning conduct occurs so obviously a vital test …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Leon Delaney.
Radio 2CC Canberra
Subjects: Energising enterprise, celebrating small…
… by the Canberra Times over the weekend, saying it's time to celebrate Australia's forgotten small business. … news stories. But if you look at the trajectory over time, you actually see that as impressive as those things … o’clock at night and they'll do it themselves and they'll be the marketing person, they'll be the chief financial …
… Victoria There were 701,061 small businesses in Victoria on 30 June 2023, representing 28% of all Australian small … financial year. Chart 1: Small business in Victoria, 30 June 2023 Source: Based on Australian Bureau of … were 550,957 small businesses in Greater Melbourne on 30 June 2023, representing 79% of all small businesses in …
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.…
… starting on July 1 that small and family businesses must be aware of, says Bruce Billson, the Australian Small … this is not something that can be put aside for another day. “It is essential that small business owners and managers … of $40 per week and based on a 38-hour week for a full-time employee. More information is available on the Fair Work …
… fees’ are charged by schemes, acquirers, and issuers (payment service providers) to facilitate card-based payments … competition in the debit card market by ensuring a payment is processed via the least-cost route. Merchants … of the RBA’s public interest powers. This change will be a positive step towards reducing merchant fees for mobile …
Small businesses should have better access to ‘debt hibernation’ instead of being made insolvent when they face a crisis beyond their control, so they are better able to pursue a credible restructure, save jobs and rebuild, according to the Australian…
… insolvency laws which are being reviewed for the first time in more than three decades. Mr Billson called for an … 1,300 pages of regulations that were near-impossible for time-poor small business owners to navigate. And he said the … of the personal and corporate insolvency systems would be a sensible step because small business and personal …
… representing 2% of Australian small businesses on 30 June 2023. This is in proportion to the 2% of Australians … in Tasmania 6. Chart 1: Small businesses in Tasmania, 30 June 2023 Source: Based on Australian Bureau of … small businesses were in the rest of Tasmanian areas on 30 June 2023. This aligns with the population distribution, …
… should get in contact with the ATO. You can also set up a payment plan if your debt is under $100,000. Phone: 12 28 66 … to help people with their tax affairs who may not be able to afford professional advice and representation. … individuals can access a one-off non-taxable crisis payment . Small Business Debt Helpline The Small Business …
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson is urging shoppers to spend big with small businesses this weekend, with Black Friday and Cyber Monday sales predicted to smash records.
Black Friday and Cyber Monday…
… pandemic. “Above all, it’s important for shoppers to be kindly customers who are patient, understanding and shop … should get in early to ensure their gifts arrive on time. “If you are shopping online for gifts, as a growing number of people are doing – now is the time to start,” Mr Billson says. “According to new research …
Originally published in The Daily Telegraph.
A quick ‘tap and go' has made it very easy to make a payment for something we need.We're not restricted to having the right amount of cash in our pocket or wallet and paying by cheque is now…
… A quick ‘tap and go' has made it very easy to make a payment for something we need. We're not restricted to having … by cheque is now so rare and ancient that it is going to be phased out. But the simplicity and convenience of making … gouged out of small and family businesses. It is time to mandate least-cost routing and have an easy-to-use …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Jeremy Jones.
ABC Radio Capricornia
Subjects: Payment problems for small…
… TRANSCRIPT: Payment problems for small business, helping small business … Bruce Billson, joins me now. Bruce, thanks for your time. Bruce Billson Jeremy, fab to be with you and how good’s that 1976 song Rich Girl from Hall …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Glen Bartholomew.
ABC News Radio
Subjects: Micro, Small and Medium-sized Enterprises Day, Insolvency Figures
…
… TRANSCRIPT: Micro, Small and Medium-sized Enterprises Day, Insolvency Figures 27 June 2023 TRANSCRIPT Australian … right now? Is big business finally paying its bills on time yet? Bruce Billson Well, they haven't peaked early on … only about a third that are paying in within a month. Now payment times within a month, that's hardly spectacular. …
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…
… NBN fixed wireless services $10.4 million to redesign the Payment Times Reporting Portal and Register to improve … from early 2024 to allow for PAYG to be calculated in real time, based on the how the business is tracking financially. … wage subsidy support, has been extended by three months to 30 June 2022. “ This is an effective incentive for SMEs to …
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson is encouraging Australians to celebrate and support family businesses on National Family Business Day.
Speaking in a video marking the day, Mr Billson says family…
… Celebrate family businesses this National Family Business Day 17 September 2021 The Australian Small Business and … marking the day, Mr Billson says family businesses need to be celebrated for the important role they play in our … the next generation are ready to take the reins when the time is right.” You can see Mr Billson’s National Family …
… Family and Domestic Violence Leave All full-time, part-time, and casual employees can access 10 days of … Domestic Violence Leave as of 1 August 2023. The full 10 day leave entitlement is available immediately - it does not need to be accumulated like annual leave. It also doesn’t increase …
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Australian Small Business and Family Enterprise Ombudsman Bruce Billson interview with Jac Underwood.
2BS Bathurst
12 January 2023
…
… Bruce Billson is urging small business owners to take time early this year to take stock of their mental and … program now. Good afternoon. Bruce Billson Jac, awesome to be with you. And fab to see a New Year in with your listeners … of what that looks like and how you can set that out in a day-to-day way? Bruce Billson It's really funny you should …
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…
… recognised as key drivers of business growth on World MSME Day 25 June 2021 The Australian Small Business and Family … will play in driving future business growth on World MSME Day (Sunday 27 June, 2021). World MSME Day 2021, declared by … number of female entrepreneurs to parity with men would be worth between $71 billion and $135 billion to the nation’s …