Corporate red tape reductions to save SMEs $300 million over four year

SmartCompany, November 16, 2018 In its second move this week to improve conditions for small and medium businesses, the Morrison government has today announced a plan to double the ASIC reporting threshold for many proprietary companies. Treasurer Josh Frydenberg said the reforms will deliver $300 million in savings to SMEs over the next four years, saving about 2200 businesses from …

ATO gives BHP special million-dollar deal

You may have seen the big ‘win’ by the ATO against BHP which has agreed to pay an extra $529 million in tax. In a statement an ATO spokesperson said: “I want to assure the Australian community the ATO does not settle matters at any cost or give favourable settlements to the large end of town.” Ummm? Let’s look at the …

MESSAGE FROM OUR CEO – NOVEMBER 2018

NEW BOARD MEMBERS: Having opened up our membership to Associate Members CoSBA has welcomed to the Board two Associate Members: Seedat Lawyers Pty Ltd (Perth), Kassem Seedat and Clearwater Workplace Solutions (Bunbury), Rob Littlewood. CONGRATULATIONS: On the 7th of October 2018 the Belmont Business Enterprise Centre Inc. was Awarded Best Metro BEC in Australia. The BEC is a member of CoSBA …

Belmont BEC Awarded Best Metro BEC in Australia

Monday, October 15th, 2018 – Belmont BEC On the 7th of October 2018, Belmont Business Enterprise Centre Inc. (Belmont BEC) was awarded the Best Metro Business Enterprise Centre in Australia. Chairperson of BEC Australia John Todd presented the prestigious award to Carol Hanlon at the BEC Australia Forum in Canberra. [The Belmont BEC is a member of CoSBA and we …

Unlicensed operators in firing line as parliament agrees on Airbnb inquiry

WAtoday on 17.10.18 (EXTRACT) The WA Labor and Liberal parties have joined forces to set up a parliamentary inquiry into regulation of the state’s short-stay accommodation industry. Tension has erupted between owners of licensed short-stay businesses, such as hotels, serviced apartments and bed and breakfasts, and unlicensed, backyard operators who advertise through websites such as Airbnb. Planning Minister Rita Saffioti …

ACCC calls for tougher penalties for dodgy franchisors, but advocates say it needs to “man up” on improving disclosure

SmartCompany, October 15, 2018 ACCC deputy chair Mick Keogh has given voice to the competition watchdog’s calls for tougher penalties for dodgy franchisors ahead of the deadline for a Senate inquiry report into unscrupulous behaviour in the franchising sector. In a speech delivered to the national Franchise Convention Legal Symposium in Melbourne over the weekend, Keogh said that the franchising …

Franchising inquiry: Is it time Australia launched a franchise court?

SmartCompany, Thursday, May 10, 2018 A new submission to the Senate’s inquiry into the effectiveness of the Franchising Code reveals franchisees may not even know they can take a dispute with their franchisor to mediation. The Office of the Franchising Mediation Adviser, a Commonwealth-appointed body that helps franchisees and franchisors through mediation processes, says in its submission that since its …

“Businesses just give up”: Government considers simplifying ATO dispute resolution process

SmartCompany, October 29, 2018 The federal government is considering reforms which would make it easier for small businesses to resolve disputes with the Australian Taxation Office (ATO). As part of a range of small business matters currently being considered by the government, Assistant Treasurer Stuart Robert is working on a way to streamline the relationship between small business and the …

ACTU’s scaremongering about casuals is a full-time job

The Australian, October 16, 2018 (EXTRACT) Employers are forcing Australian workers out of secure full-time ­employment and into casual contracts, depriving them of peace of mind and a stable income, the ACTU says. The ACTU has made this a key element of its Change the Rules campaign, repeatedly referring to it as a “national emergency” that has enabled widespread ­exploit­ation …