The US dollar, long regarded as the world’s reserve currency, is facing unprecedented challenges as President Trump’s policies trigger a shift in global financial confidence. This has significant implications for Australia’s economy, trade, and investment landscape. Why the US Dollar is Under Threat Trump’s erratic
The global economic landscape is undergoing a seismic shift, with US President Donald Trump’s latest aggressive tariff policies sparking widespread concerns. As trade tensions escalate, Australian businesses and consumers must brace for potential economic turbulence. The Impact on Australian Businesses Trump’s sweeping tariffs, which include
The first release of experimental National Ecosystem Accounts released today by the Australian Bureau of Statistics (ABS) estimate that in 2020–21, climate regulation through carbon storage was the most valuable service provided by select Australian ecosystems. This is the first release of the Australian experimental
The Council of Small Business Organisations Australia (COSBOA) is urging the Government to retain the tax deductibility of interest charges imposed by the Australian Tax Office (ATO) onto small business. Luke Achterstraat, CEO of COSBOA, said removing the deductibility of the GIC (general interest charge)
As International Women’s Day approaches this weekend, discussions around gender equality remain at the forefront of public debate. In Australia, while there has been progress in reducing the gender pay gap, significant work still remains. A recent report by the Workplace Gender Equality Agency (WGEA)
In Australia, women are increasingly taking the lead in small to medium enterprises (SMEs), with many venturing into entrepreneurship as owners or leaders. However, despite this growth, challenges persist, and the rate of female-led businesses remains lower than male-led ones. Understanding the current landscape of
Small and medium enterprises (SMEs) across Australia are facing growing challenges as payment delays continue to rise, putting pressure on cash flow and business sustainability. With economic conditions tightening, many businesses across most industries are experiencing longer payment terms, making it difficult to manage working
With the Reserve Bank of Australia’s (RBA) cash rate at 4.10 percent, many Australians are wondering why their mortgage interest rates remain significantly higher. The answer is simple: banks are making substantial profits from you and countless others. Despite some recent reductions, most variable home
When you’re running a small business, it’s easy to fall into the trap of over-investing in areas that don’t yield strong returns. Many owners make decisions based on excitement or perceived necessity, but these investments can often drain your cash flow without delivering the expected
Running a small business comes with its fair share of expected expenses, from rent and salaries to marketing and supplies. However, many hidden costs can accumulate over time, catching business owners off guard and impacting profitability. Understanding these overlooked expenses is crucial for financial planning
Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
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