The Australian Tax Office is urging prospective business owners to remain vigilant of fake websites offering tax file numbers (TFN) and Australian business numbers (ABN) for a price. Advertised on social media platforms like Facebook and Twitter, these fake websites offer to obtain a TFN or ABN for a nominal […]
Day: 28 April 2022
Let’s Talk: Experts reveal ways to safeguard against cyber-attacks without breaking the bank
It’s only a matter of time before malicious actors figure out a way to get around whatever new technology cybersecurity professionals come up with. According to the Australia Cyber Security Center, ransomware cybercrime reports increased by 15 per cent in the 2020-2021 fiscal year, with Australian businesses losing more than […]
SBA wants to revise SME size standard to allow more to apply for Federal contracts and loans
The United States Small Business Administration (SBA) is considering revising employee-based small business size standards for businesses in nine North American Industrial Classification System (NAICS) sectors. Why? The proposed changes in nine industries, including manufacturing and transportation, will allow more MSMEs and current small businesses to maintain small business status […]
Election 2022: Australia’s CPI records biggest YoY food price jump in more than decade
Headline inflation jumped to 5.1 per cent in the first three months of 2022, with food prices rising at the fastest rate since 2011. The Australian Bureau of Statistics (ABS) reported that the Consumer Price Index (or CPI) rose 2.1 per cent in the March 2022 quarter, up from 3.5 […]