WA builds its way to the top on back of booming mining sector and boost to housing construction

The West Australian, 29 December 2020 2:00AM Construction workers Miran Vrabelj, Scott Darrah, Jacob Povee and Lewis Comer at a Cottesloe building site. Credit: Kelsey Reid/The West Australian With the resources sector almost back to boom-time levels, an ever-growing pipeline of building and construction work, and business confidence at a 13-year high, WA has found many silver linings in the …

Lower paid bore COVID-19 brunt but jobs again on rise

Labourers work at a housing estate at Deer Park in the outer western suburbs of Melbourne. Picture: David CroslingThe Australian, December 23, 2020 Small business people and workers in lower paid occupations, including labourers and retail assistants, bore the brunt of the job slump this year but jobs are returning rapidly, according to a detailed ABS labour market survey. The …

Confidence high in shift to economic recovery

CBA chief executive Matt Comyn says he is ‘encouraged by the number of customers who were able to ­return to making repayments’. Picture: Gaye Gera The Australian, November 1 2020 Australia’s COVID-19 economic recovery is gaining momentum, with consumer confidence at a seven-year high, deferred loan ­repayments restarting and ­economists predicting a housing market resurgence. As the nation recorded its …

Economy set for a ‘beautiful recovery’, says Deloitte’s Chris Richardson

Deloitte partner Chris Richardson: ‘We will grow really fast when we come out of this.’ Picture: Richard JupeThe Australian, October 18, 2020 Australia’s economy over coming years will bounce back hard and fast from the COVID-19 shock, provided the health crisis remains under control, but will still be left smaller because of a much lower population. Deloitte partner Chris Richardson …

“It is now time for Victoria to reopen”: An open letter to Premier Dan Andrews, from COSBOA, on behalf of 1.3 million small and family businesses

Mark McKenzie and Peter Strong SmartCompany, October 15, 2020 Two men walking outside during Victoria’s stage four lockdown. Source: James Ross/AAP. Dear Premier, The Council of Small Business Organisations Australia (COSBOA) is the national peak body representing the interests of small business. Collectively, COSBOA’s members represent an estimated 1.3 million of the 2.5 million small and family businesses that operate …

WA Budget 2020: No short-term business sugar hits in WA State Budget

The West Australian, 8 October 2020 Pictured (from left) are Joanne Wells senior account director, Felicity Gordon, Jasmin Bernhagen, Mark Lucas creative director, Marcie Schneider, Azure Wordsworth & Jake Gonzales. Credit: Ross Swanborough/The West Australian The resilience of WA businesses through the COVID-19 pandemic has resulted in further support potentially being held back in yesterday’s WA State Budget, but experts …

Small business reacts: A confidence-boosting budget with “clever” policy to help SMEs

SmartCompany, October 7, 2020 Australian Treasurer Josh Frydenberg arrives to speak to the media during a press conference at Parliament House in Canberra. Source: AAP/Lukas Coch. The federal government’s big spending budget has won praise among small business advocates, who’ve welcomed the focus on tax incentives, wage subsidies and mental health support. But they say there were also some missed …

Federal Budget 2020: WA business leaders give Federal Budget the tick of approval

The West Australian, Wed, 7 October 2020 WA’s business community is in agreement that the Federal Budget is right for the times. Credit: MICK TSIKAS/AAPIMAGE, MICK TSIKAS The business community is in agreement that the Federal Budget is right for the times. In what Treasurer Josh Frydenberg described as the “largest set of investment incentives” ever offered, the Budget unveiled …

Federal budget 2020: Small businesses to get $100m tax breaks and insolvency lifeline

More than 200,000 ­businesses will be exempt from fringe benefits tax, be able to ­deduct start-up expenses and will be able to access simplified trading stock rules by 2021.The Australian, October 6, 2020 Small businesses have been handed tax breaks worth more than $100m and an insolvency lifeline. More than 200,000 ­businesses will be exempt from fringe benefits tax, be …