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Technology and Innovation There is no Technology and Innovation information worth sharing this week Technical & Innovation can be found on our website. Use the Link below. |
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SME Risk and Compliance There is no Risk and Compliance information worth sharing this week Risk & Compliance can be found on our website. Use the link below. |
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SME People and Culture
There is no People and Culture information worth sharing this week SME People & Culture can be found on our website. use the link below. |
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Money and Markets
COSBOA National Small Business Summit sets productivity and tax reform agenda
COSBOA's National Small Business Summit, held in Sydney from 3 to 5 August, heard new CEO Skye Cappuccio outline a five-point productivity blueprint, including a call for a permanent $150,000 instant asset write-off and AI literacy support for small business.
Implication: Owners considering capital investment should watch the write-off threshold campaign, as a permanent increase would change the timing case for equipment purchases.
Read more on the COSBOA website here
Insurance, wages and interest rates drive 25% jump in small business costs
AMP Bank Go's inaugural Small Business Cost Pressure Index found key small business costs have risen 24.6% since March 2020, tracking to 27.1% by year end, driven by insurance (up 51.7%), interest (up 36.3%) and wages (up 20.3%).
Implication: Owners absorbing these pressures through lower margins should identify which cost line, insurance, wages or finance, is hitting hardest, and whether a structural fix beats quietly absorbing it.Read more on the SmartCompany website here CPI eases to 3.8% for the June quarter
Annual CPI eased to 3.8% in the June quarter, with the trimmed mean at 3.6%. Major banks now expect the RBA to hold the cash rate at its 11 August meeting rather than raise it further.
**Implication:** Owners with variable finance or pricing decisions pending can plan with more confidence over the next quarter as rate-rise pressure eases. Read more on the Australian Bureau of Statistics website here |
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Family Business Succession and Exitability
There is no Succession and Exitability information worth sharing this week Family Business Succession & Exitability can be found on our website. Use the link below. |
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