How to Start an Online BusinessImage Credit: asean.orgYajush GuptaJanuary 5, 2022The Regional Comprehensive Economic Partnership Agreement (RCEP) has come into force, giving Australian farmers and businesses access to the world’s largest free trade agreement.Australia and New Zealand ratified the RCEP on November 2, 2021, bringing together several Indo-Pacific neighbours.The RCEP’s […]
Month: January 2022
Australian exporters continue to target world’s largest economy
How to Start an Online BusinessImage Credit: Pierre Blache on UnsplashClare LoewenthalJanuary 4, 2022The USA is one of Australia’s most important trade and investment partners. It is the number one destination for Australian outward investment and Australia’s number one source of foreign direct investment. “In the past 18 months, the COVID-19 […]
US Internal Revenue Service tweaks tax reporting requirements. How will it impact SMEs?
How to Start an Online BusinessImage Credit: Kelly SikkemaYajush GuptaJanuary 4, 2022The Internal Revenue Service, the federal agency in the United States in charge of tax collection, will now directly look into the digital payment service accounts of American small businesses. This policy change will primarily affect business owners who use […]
Critical insolvency warning signs for SMEs in 2022 – Is it time to take action?
How to Start an Online BusinessImage Credit: Tim Mossholder on UnsplashHeidi HeckJanuary 5, 2022As Australia opens up to look at the “new normal”, many SMEs have been left blinking into the post-lockdown light, having spent the best part of the last two years struggling just to stay afloat.SMEs have had […]
New research reveals shocking amount of abuse experienced by Australian retail workers
How to Start an Online BusinessImage credit: Dapiki Moto on Unsplash Rhea Laxmi NathJanuary 4, 2022As the holiday season comes to an end and some of the pressure on Australian retail workers subsides, new research by the University of Sydney (USYD) and the Australian National University (ANU) reveals the massive […]
Australia is not the worst country for merchant fees, but it’s not the best either: COSBOA
How to Start an Online BusinessImage credit: Mark OFlynn on UnsplashYajush GuptaJanuary 3, 2022Small businesses in Australia pay higher merchant fees than larger businesses who can often negotiate a better deal. In December 2021, the Council of Small Business Organisations Australia (COSBOA) hosted an online payments summit to discuss how Australia’s […]
Bank closures are disruptive to SMEs and may have a wider community impact: Ombudsman
How to Start an Online BusinessImage Credit: Jonathan CooperYajush GuptaDecember 23, 2021Small businesses in rural and regional areas depend on banking services, and more needs to be done to help those affected by branch closures, the Ombudsman said. In a submission to the Regional Banking Taskforce, the Small Business and Family […]
Top 5 F&B trends for investors to watch in 2022
How to Start an Online BusinessImage credit: Tara ClarkYajush GuptaDecember 22, 2021A new trends report finds that Agribusinesses and Food & Beverage (F&B) are key sub-sectors for market participants to invest in. The report looks at which sub-sectors saw the most growth in deal volume and value in FY21, demonstrating their […]
Top 5 Tips To Refresh Your Business This New Year
How to Start an Online BusinessImage credit: Moritz Knöringer on Unsplash Chris DahlDecember 31, 2021It’s hard to believe the new year is already upon us, with 2021 containing many tumultuous events both in business and the wider world. And while many are still in holiday-mode, now is the perfect time […]
2021 exports boom on pandemic demand
How to Start an Online BusinessImage credit: CHUTTERSNAP on Unsplash Heidi HeckDecember 29, 2021This year has been a roller coaster ride for Australia’s export trade. In 2021 Australia’s export trade boomed despite the on-going pandemic, geopolitical trade tensions, and supply bottlenecks. Overall, Australia is ending this year in much better shape […]