Business

The latest bi-annual MYOB Business Monitor reveals that a significant majority (52 percent) of Australian SMEs anticipate an impending recession within the next 12 months, while 57 percent believe the economy will decline in the coming year. A recession is technically defined as two consecutive quarters of negative growth in real gross domestic product. While

Are you ready for the upcoming financial year? Several changes have now taken effect from July 1, 2023, potentially impacting your business. Here’s an overview of some key updates: Tax changes: The Federal Government’s May 2023 budget introduced temporary increases and extensions to the instant asset write-off. Small and medium-sized enterprises (SMEs) with a turnover

In this guide, we’ll reveal the five stages of business growth and the challenges they present. You’ll also learn how financing can help you through each stage.

Learn about the instant asset write-off scheme available for eligible businesses in Australia, including the $150,000 threshold, eligible assets, and how the scheme can reduce taxable income. Discover how to take advantage of the scheme and which assets to consider purchasing before the June 30, 2023 deadline.

With scams on the rise, the last thing you want this Christmas is to fall victim to one.

Here are four of the most common types of scams and how you can spot them.

Australia’s finance market has become increasingly competitive in recent years, with more finance opportunities available to small and medium enterprises (SMEs) on better terms and conditions than ever before. And thanks to a range of agile and flexible non-bank lenders who specialise in meeting the unique needs of SMEs, securing finance has never been more competitive.