Small business growth “collapse”: Ombudsman urges action
Following a sharp drop in the number of small businesses hiring additional staff, Ombudsman Kate Carnell looks at whether Australia’s Labour Market regulation is holding back expansion.
Proposed changes to instant asset write-off legislation to benefit small businesses
Under the changes, small businesses may immediately claim tax deductions on assets costing less than $25,000, with no limit on the number of assets to be claimed until 30 June 2020.