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Top Inside Small Business News

Optus to Pay $100 Million Fine over Sales to Vulnerable Customers
Business · Australia

Optus to Pay $100 Million Fine over Sales to Vulnerable Customers

50% Right coverage: 14 sources
Optus has agreed to pay $100 million in penalties after landmark legal action from the consumer watchdog for “unconscionable conduct”.See the Story
View From The Hill: Jim Chalmers Wants to Get on with Economic Reform and Tax Is in His Sights
Jim Chalmers · Melbourne

View From The Hill: Jim Chalmers Wants to Get on with Economic Reform and Tax Is in His Sights

50% Right coverage: 8 sources
The federal treasurer believes the community is up for significant economic reforms, if the changes are crafted and sold the right way.See the Story
Seoul Asks Temu, AliExpress to Pull Children's Products over Safety Concerns
Business · Seoul

Seoul Asks Temu, AliExpress to Pull Children's Products over Safety Concerns

75% Center coverage: 4 sources
SEOUL: The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children's products over safety concerns, saying on Friday (Jun 27) that some goods far exceeded local limits for hazardous substances. Chinese e-commerce titans like Shein, Temu and AliExpress hSee the Story

SMEs Demand More Government Support as Pressures Mount

100% Center coverage: 1 sources
Ahead of the government’s small business review expected this summer, new research reveals that nearly three in five SMEs (58%) feel their concerns are overlooked by politicians, despite the recent manifesto pledge to support small business owners. The research from not-for-profit, Virgin StartUp, reveals that many founders are calling on Westminster to take further action including on a clear long term strategy for SMEs (66%), increased support…Finance · United KingdomSee the Story

‘This tax will break them’: The private schools about to be slugged with huge bills

100% Left coverage: 2 sources
Mid-market and specialist independent schools are getting caught by the state government’s controversial schools payroll tax.Taxes · MelbourneSee the Story

Small business restructuring has kept struggling companies afloat

A significant uptake in small business restructurings (SBRs) over the past few years has been a key factor in the survival of otherwise struggling small businesses, according to a new report. The Report 810 Review of Small Business Restructuring Process: 2022–24 published by Asic showed there were 3388 SBR appointments that commenced between July 1, 2022 and December 31, 2024, a significant increase from the 82 SBR appointments from January 1, 2…Australia · AustraliaRead Article

New pay rates effective 1 July; how much will they be?

As decreed by the Fair Work Commission, the National Minimum Wage and minimum award wages are set to increase by 3.5 per cent. The increase applies from the first full pay period starting on or after July 1. National Minimum Wage From 1 July 2025, the National Minimum Wage will be set at $948 per week, or $24.95 per hour, which will apply from the first full pay period on or after July 1, 2025. This means if a company’s weekly pay period starts …Australia · AustraliaRead Article

EOFY tax tips: What sole traders in niche industries can really claim

In this piece, Karan Anand – Managing Director of sole trader tax platform Hnry – shares the most overlooked EOFY deductions for niche industries. With the end of the financial year looming, Australia’s 1.6 million sole traders are deep in receipt season, sorting invoices, tallying deductions and trying to make sense of what they can and can’t claim. And every year, the same pattern emerges: many sole traders are missing out on deductions that t…Australia · AustraliaRead Article

What are customer data platforms, and why does your business need one?

You started your small business because you’re passionate about what you do, and you’re great at it. But in today’s world, passion and skill are only part of the equation. To truly thrive, you need to understand your customers – deeply. We’re not just talking about knowing their names but truly grasping their needs, preferences and journey with your business. Sound complicated? It doesn’t have to be. For years, big corporations have used sophist…Australia · AustraliaRead Article

Copyright Agency to host webinar to guide respectful brand alignment with First Nations art

A national webinar on 9 July will offer practical advice to creative, marketing, brand and legal professionals on engaging respectfully with First Nations artists and art centres.The announcement:Copyright Agency will host a national webinar during NAIDOC Week 2025 that guides Australian businesses and artists on how to engage ethically and respectfully with First Nations visual […]Australia · AustraliaSee the Story

Optimising a balance sheet: a simple strategy to turn ‘idle’ into ‘impact’

In this piece, business strategist Ryan Williams shares how best to optimise your balance sheet. With global trade tensions, monetary policy shifts, geopolitical unrest, and an unpredictable AI-powered future, Australian businesses are juggling a lot of economic uncertainty. Many investors are fleeing to hard resources with gold at an all-time high, and many businesses face increasing challenges in unlocking funds to help them weather the storm …South Australia · South AustraliaRead Article

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