COSBOA warns

Payday Super could cripple small businesses

September 24, 2024

Dynamic Business Exclusive

COSBOA raises alarm on impact of new super payment rules, urging reconsideration for small businesses.

Get ahead with CommBank's Matildas marketing initiative for 50 lucky Australian small businesses.

Discover the implications of Australia's right to disconnect law on work-life balance and productivity.

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Business News

Australia's biggest bank laments regulatory delays hindering digital asset innovation, potentially stalling real-time transaction settlement advancement across industries.

Government spending in Australia is set to reach a record high of 28% of GDP by 2025, impacting inflation and productivity growth, according to new Westpac research.

Microsoft highlights AI's potential in solving climate crisis, but faces criticism for selling AI services to fossil fuel companies. Balancing act between innovation and ethical standards.

Businesses face prolonged invoice payment times, expected to exceed 40 days by Christmas. Economic challenges, insolvencies, and ATO debt collection all contribute to cash flow constraints.

Tracksuit co-founders Matt Herbert and Connor Archbold advocate for a balance between digital and traditional marketing strategies to track brand performance globally.

Serena Williams emphasizes the importance of diversity in venture capital, investing in "boring but important" companies to address critical problems and promote equity in the industry.

Government holding small business exemption from privacy law brings relief for 2.5 million businesses during challenging times. Concerns arise over policy processes' costly impacts. Small firms pivotal in privacy dialogue.

Government's retention of small business exemption from privacy law garners relief but highlights costly impact on small businesses amid challenging economic conditions and need for industry collaboration on privacy policy.

SME policy in Australia lacks direct SME experience. Business owners must engage with policymakers to ensure their challenges are understood and addressed for sustainable economic growth.

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