Starting a business is a daunting task for anyone, but young business owners face unique challenges. In Western Australia, the entrepreneurial spirit is alive and well, with numerous opportunities for young people to innovate and create successful ventures. Here are some tips for young people considering starting their own business. Build your...
The recent three day lockdown of Perth and Peel over the Anzac weekend was another hurdle for small businesses to jump in a marathon year. I want to take a moment to once again recognise the significant part you are playing in supporting the long term recovery of our WA economy by complying with the lockdown closure orders and the ongoing...
The Federal Budget, announced on 25 March 2025, provides a range of support programs to help improve the operating environment for small business owners. Here is an overview of the key announcements likely to have an impact on small businesses in Western Australia. Please note: these announcements will need to be passed as law through the Federal...
Like many businesses in our current environment, you may be expecting a downturn in your turnover for the next financial year. We’ve put together some tips on how to prepare from a tax perspective. From staffing challenges and supplier constraints to customer behaviours and global events, there are many reasons your business might be preparing for...
Should you borrow money from your family? Questions to ask yourself before getting loved ones involved.
Being aware of the early warning signs that your business may be in trouble will provide you with the best opportunity to take action and turn things around.
Small business lottery agents have had a win that will help their long term sustainability. The Western Australian Government has announced a suite of initiatives to help newsagents and lottery retailers, including an increase in the commissions they receive for selling Lotterywest products. The 10.8 per cent increase, effective from December...
If you supply goods or services for less than $1 million to the WA Government, new guidelines mean you will now receive payment within 20 days. From 1 October 2020, WA State Government agencies must ensure that all payments of less than $1 million for goods or services, excluding construction works, are made within 20 calendar days of: receiving a...
The Federal Budget, announced on 9 May 2023, provides a range of support programs to help small business owners with cost pressures and contemporary challenges. Here is an overview of the main announcements that are likely to have an impact on small businesses. Tax related measures Instant asset write-off extended and increased The instant asset...
We regularly hear from small business owners who have been asked to pay for government information or services that are actually available free of charge, or become aware of cyber scams that duplicate existing government services. Government websites are some of the most trusted and used resources for small businesses, and scammers are ready to...
The port City of Fremantle has bounced back from the disruption of COVID-19 with a number of initiatives to support local and small businesses. The City of Fremantle signed up to the Small Business Friendly initiative in 2019 and since then, has maintained a strong focus on supporting its small business community. The City demonstrates its...
The City of Busselton has taken a proactive approach to supporting and sustaining a vibrant local economy through a dedicated business development, events and marketing fund. Major events are known to generate significant economic activity, create jobs, drive visitation, stimulate infrastructure investment and boost local businesses. For this...