December 1, 2020 - Small Business Connections

No more covid excuses: 10-day payment period to VIC SMB suppliers enforced

Leave a Comment / COVID-19, Featured, Funding & Cashflow, Tips and Advice for SMEs / By Editor

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the Victorian Government’s commitment to pay its small business supplier invoices within 10 business days. Ms Carnell says the new payment terms, which will apply to all new contracts valued under $3 million from 1 January 2021, is exactly what small businesses need …

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Grants up to $50k open for WA small business education providers

Leave a Comment / COVID-19, Featured, Funding & Cashflow / By Editor

The McGowan Government has launched the International Education COVID-19 Industry Support Fund to help Western Australian small and medium international education providers sustain their businesses with support of up to $50,000. The fund is an initiative within the Western Australian International Education Recovery and Renewal Plan being developed by the WA International Education Advisory Group, …

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Treasury Wine Estates’ multilayered plan to reduce impact of China’s wine tariffs

Leave a Comment / Featured, Luxury Goods, Tips and Advice for SMEs / By Editor

Treasury Wine Estates (TWE) has set out a series of plans it will implement to reduce the impact of the tariffs on Australian wine announced by the Chinese Ministry of Commerce last week. TWE is facing a 169.3 per cent tariff on its wine in containers of two-litres or less, which can remain in place …

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Transparency improved: new law requires large business to publicly report dealings with SMBs suppliers

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Australia’s large businesses will have to report on their use of questionable practices to small business suppliers with the release of the Payment Times Reporting Scheme Rules and Guidance Material. Under the Morrison Government’s Payment Times Reporting Scheme large businesses with a total annual income of over $100 million will have to report publicly on …

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Court system is outdated and failing small businesses, says ASBFEO

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The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling for an overhaul of the dispute resolution framework, saying the current court system doesn’t work for small businesses. Releasing her Access to Justice Report today, Ms Carnell said small businesses urgently need pathways to resolve their disputes quickly and cost-effectively. “Trying to resolve a dispute …

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VIC launches free QR code service to support venues and small business safety

Leave a Comment / Big Tech for Small Business, COVID-19, Featured, Tech / By Editor

Victorian business owners across the state can now access a free QR Code Service which will help make things easy as we continue our economic recovery. The Victorian Government’s QR Code Service can be used by businesses and venues to keep records of visitors to help us stay safe and stay open. It’s as simple …

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Business chambers and trader groups to doll out grants of $10-$50k to local SMBs across Victoria

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The Andrews Labor Government is supporting small businesses, micro-businesses and sole traders across Victoria with grants provided to local business chambers and trader groups. Minister for Small Business Jaala Pulford said 182 business chambers and trader groups have received $4.15 million through the Grants for Business Chambers and Trader Groups program to support local businesses. “Business chambers …

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WA small businesses building stronger ties with key emerging Asian markets

Leave a Comment / Building your Business, Featured / By Editor

Western Australian businesses are being equipped with skills to expand exports to key Asian markets through a series of Asian Engagement workshops which wrap up today. Asian Engagement Minister Peter Tinley said the four Asia Business Capability Workshops will help local SMEs learn how to harness big opportunities in the Vietnam, Indonesia, Philippines and India …

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Recovery underway with 650k jobs created in past five months, says Treasurer

Leave a Comment / Economy, Featured / By Editor

Australia’s economic recovery is well underway and has been strongly supported by the Morrison Government’s temporary JobKeeper payment. Announced in March 2020, the first phase of JobKeeper supported more than 3.6 million workers and around 1 million businesses, with payments totalling nearly $70 billion for the 13 JobKeeper fortnights to 27 September 2020. Following a …

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