Financial Year

Insolvencies at a record high for small businesses

Tony Kaye Insolvencies across Australia's small business sector are soaring, with the number of companies placed into administration at the highest since 1999.

How to start a multi-million dollar venture with $10,000

business man

Tony Featherstone Consider this: a young entrepreneur starts an online furniture retailer with $10,000. Another starts an online pharmacy with $20,000, and a construction franchise gets going with $25,000.

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What the budget means for small business

Australian Treasurer Wayne Swan

Max Newnham This year's federal budget has again shown that the small business sector is largely ignored by politicians and bureaucrats in Canberra.

How taxing is a second job?

Tax.

Max Newnham If you're continuing to work full-time while starting a new business, beware of the tax implications.

MONEY

Cash splash: 12 ways to beat the taxman

Tax.

Annette Sampson Another financial year done and dusted. Well, almost. With a little more than four weeks to go until June 30, it is high time to get in some last-minute tax planning.

BUSINESS MAXIMS

Tax tactics: maximise your return

Tax time.

Max Newnham Tax return time is approaching, so make sure you don't land yourself with a large bill.

Finance

Taxing times - how to prepare your business

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Christopher Niesche With the end of financial year fast approaching, it’s time for small businesses to start getting their tax in order and gearing up to take advantage of some law changes coming into force in the new...

Minimum wage rises from Sunday

With the new financial year fast approaching, the federal government is reminding low-paid workers they will get a pay rise from July 1.

Is your accountant worth keeping?

CPA.

Max Newnham The new financial year is a good chance to review your business, including the work of your accountant.

How to calculate your tax rate

Tax.

Max Newnham When you run a small business you can potentially be subject to countless state and federal taxes.

Super savings total $1.5b over four years

Super.

Federal government to reduce what it gives to low and middle-income earners through super co-contribution from mid-2012.

FINANCE

Keeping your lenders in the loop

Having a good relationship with your bank could save you.

Tony Kaye Having a better relationship with your bank could save you if push comes to shove. Here's how to do it.

Victorian workers win back $7.5 million

More than 3000 Victorians have received backpay.

More than 3500 Victorians were repaid $7.5 million after Fair Work Australia investigations found they had been underpaid.