Small business procurement panel essential to economic recovery

Kate Carnell, Ombudsman for Small Business

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says small businesses will play a critical role in the post COVID economic recovery, calling on the federal government to establish a small business procurement panel. The panel, proposed in ASBFEO’s COVID-19 Recovery Plan, would require Government contracts with a value of up to $10… Continue reading Small business procurement panel essential to economic recovery

Shorter payment times incoming with the Payment Times Reporting Bill

Xero MD (Aus) Trent Innes and the Small Business Ombudsman Kate Carnell both welcome the bill

The Payment Times Reporting Bill aims to address late payments and the consequential struggle with cash flow, which is an ongoing problem for Australia’s 3.4 million small businesses, with the negative impacts spreading widely across the broader economy with juggling suppliers. Paying small businesses late creates a back log effect. The Government has been prompted… Continue reading Shorter payment times incoming with the Payment Times Reporting Bill

COVID-19 support should extend to sole traders too

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has written to Prime Minister Scott Morrison, requesting support for Australia’s small business sector, including the nation’s 1.4 million sole traders. Read up on: COVID-19 economic plans and the government’s stimulus package. “The COVID-19 driven downturn is already taking an unprecedented toll on the Australian small business… Continue reading COVID-19 support should extend to sole traders too

Senators urged to pass equity bill that could see SMEs flourish

Australian Small Business and Family Enterprise Ombudsman Kate Carnell urges senators to pass the Australian Business Growth Fund Bill. Source: Supplied.

Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), urged senators to pass the Australian Business Growth Fund Bill on Wednesday. Ms. Carnell explained that the bill would significantly encourage growth and promote economic expansion for small and medium-sized businesses around the country. “We strongly support the investment by the Commonwealth in the… Continue reading Senators urged to pass equity bill that could see SMEs flourish

Don’t miss your chance to voice your business related dispute in new online survey

Small business owners and individuals are encouraged to have a say in an online survey aimed at gaining a better understanding of business-related disputes. Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, said they were interested in the steps small businesses took to resolve issues, such as late invoice payments and unfair contract terms.… Continue reading Don’t miss your chance to voice your business related dispute in new online survey

Paper identifies ways to simplify the workplace relations system for the small business sector

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has released a position paper identifying ways to reduce the complexity of the workplace relations system for small businesses. “We have had significant consultations with small businesses over the last two years and the overwhelming view is the legislation is far too complicated for the… Continue reading Paper identifies ways to simplify the workplace relations system for the small business sector

Small business owners to learn how to level up from industry champions this weekend

Hearing directly from those who have succeeded – and keep succeeding –  in an increasingly competitive and rapidly changing business environment is an invaluable learning experience for small businesses, says Sharon Williams, CEO of Taurus Marketing.  “There are many skills needed to run a business, and advisers, mentors, industry events and management events are a… Continue reading Small business owners to learn how to level up from industry champions this weekend

Ombudsman calls for small businesses to share examples of ‘heavy handed tactics’ by the ATO

Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has encouraged business owners to urgently contact her office if they have experienced “heavy handed tactics” by the Australian Taxation Office. The Ombudsman, together with the inspector-General of Taxation Ali Noroozi, has been directed by the Treasury to examine cases of unfair conduct the ATO. The investigation,… Continue reading Ombudsman calls for small businesses to share examples of ‘heavy handed tactics’ by the ATO

New inquiry into international initiatives that provide SMEs affordable access to capital

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has commenced an inquiry into international initiatives designed to address the funding gap for small to medium sized enterprises (SMEs). [Related: Small Business Ombudsman calls for Govt to consider UK approach to boosting SME finance, Major barriers to SME investment explored by new report from… Continue reading New inquiry into international initiatives that provide SMEs affordable access to capital

ASIC report provides small business lenders with guidance on unfair contract terms laws

The Australian Securities and Investments Commission (ASIC) has released a report detailing changes made by the big four banks to remove unfair terms from their small business loan contracts of up to $1 million. The report, Unfair contract terms and small business loans, also provides detailed guidance to bank and non-bank small business lenders about compliance with… Continue reading ASIC report provides small business lenders with guidance on unfair contract terms laws