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CreditorWatch Blog

Managing your money through managing your debtors

NSW Budget: measures will save money for up to 600,000 small businesses, treasurer says

NSW Budget: measures will save money for up to 600,000 small businesses, treasurer says

More than half a million small businesses stand to benefit from tax cuts included in the 2017-18 NSW Budget, according to Treasurer Dominic Perrottet. In a statement, released yesterday, the Treasurer announced: “From 1 January 2018, the NSW Government will abolish insurance duty for small businesses on commercial vehicle insurance (including aircraft), professional indemnity insurance, […]

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How to improve your cashflow within 60 days

How to improve your cashflow within 60 days

Cashflow is the lifeblood of any business and more SMBs have been destroyed through cashflow issues than from any other cause. The last thing you need is to be stressing about whether you have enough cash to pay your own suppliers when you should be running your business.  So, you’re not ready to hire an interim […]

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Toughen up and brave the weather

Toughen up and brave the weather

With a faltering Chinese economy causing shockwaves in the financial markets there are reasons to be cautious about future economic conditions for today’s business. But, while it’s crucial to keep an ear to the ground, getting too caught up in wavering dialogue could see us losing that confidence imperative to leadership. If the ship isn’t […]

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Overseas economic woes cause drop in Australian consumer confidence

Overseas economic woes cause drop in Australian consumer confidence

Most of the upswing in consumer confidence that came as a result of the Government’s Budget has been reversed this week, according to the latest ANZ-Roy Morgan Consumer Confidence findings. Consumer confidence fell 4.6 per cent, dropping to 111.0. The economic outlook for the next year dropped by 8.2 per cent, while the economic outlook […]

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Budget: What’s in store for small business

Budget: What’s in store for small business

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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Budget: Small business said to benefit from tax cut

Budget: Small business said to benefit from tax cut

Australia’s small businesses are said to be receiving a tax cut in tonight’s budget, part of a portfolio that Small Business Minister Bruce Billson described as “delicious” and “delightful”. Mr Billson told ABC radio that the tax cut, expected to be of at least 1.5 per cent, aims to boost and encourage the small business […]

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