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CreditorWatch Blog

Budget: What’s in store for small business

Budget: What’s in store for small business

Reading Time: 2 minutes The Abbott Government has unveiled the 2015-16 Budget, unveiling a $5.5 billion package driven by tax breaks aiming to support the nation’s 2 million-plus small businesses. As was predicted, Australia’s small businesses are to receive a 1.5 per cent tax cut, a $3.3 million Budget slice to benefit small business from July 1. The 1.5 per […]

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Small business the focus of unfair contract terms draft legislation

Small business the focus of unfair contract terms draft legislation

Reading Time: < 1 minute The Abbott Government has today released a draft legislation put forward to further protect small businesses from unfair contract terms.  Businesses with less than 20 employees undertaking transactions under $100,000, or under $250,000 for contracts that go over a year, are to be the main beneficiaries of the new laws, which the Government says are […]

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