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Commonwealth Bank’s group executive for business banking Mike Vacy-Lyle poses for a photo on Jully 11, 2022.

BankingPremium‘Best performing State’: Why CBA is bullish on WA business

WA businesses are still borrowing billions to expand despite higher interest rates, with Commonwealth Bank declaring it the best-performing state in its business lending division over the financial year. 

Ryan Johnson

National Australia Bank’s home loan applications fell sharply.

BankingPremiumNAB troubled mortgages rise $150m as demand tumbles

NAB’s troubled mortgages jumped $150 million in three months as higher rates and Labor’s tax changes helped drive a 15 per cent slump in home-loan demand.

Ryan Johnson

Selling up is only half the battle. Advisers say business owners need a plan for what comes next.

Your MoneyPremiumTools to lunchboxes: Hidden risk of selling up your business

Selling up is only half the battle. Advisers say business owners need a plan for what comes next.

Ryan Johnson

Whadjuk-Ballardong woman Jasmine Kadic was recognised as Indigenous businesswoman of the year at Supply Nation’s annual Supplier Diversity Awards.

Small BusinessPremiumWA Indigenous businesses ‘punching above their weight’

The female boss of a Subiaco-based construction company, a bush medicine brand and a procurement advisory firm are among those recognised for strengthening Australia’s Indigenous business sector.

Cheyanne Enciso

Aces founders Elodie Yam, Kadie O'Byrne, Rita Singh and Melissa Claus with Snickers the chihuahua at the new clinic in Balcatta.

Small BusinessPremiumWhy these four vets joined forces to set up new super-clinic

The founders of Perth’s newest veterinary hospital were already deeply interconnected long before they even got the idea to start the business. 

Cheyanne Enciso

One in three small business directors do not understand the consequences of breaking company laws, exposing a dangerous knowledge gap among those legally responsible.

ASICPremiumASIC: One in three small business bosses blind to legal risk

One in three small business directors do not understand the consequences of breaking company laws, exposing a dangerous knowledge gap among those legally responsible.

Ryan Johnson

Treasurer Jim Chalmers during a recent press conference in Brisbane. Tertius Pickard Newswire

BusinessPremiumWhy Treasury’s CGT shortcut could cost businesses millions

Private business owners risk a multimillion-dollar tax hit if they rely on a Treasury shortcut that assumes their assets grew at the same rate every day, advisers warn.

Ryan Johnson

Hot Chippies Carpentry co-owners Emily Walker and Maja Cole said they were facing rising costs at every turn.

Small BusinessPremiumCost of your coffee, haircut could become more expensive

Australians have been warned to brace for fresh price hikes on their coffee, haircuts and tradie call-out fees as millions of small businesses battle with costs that have soared almost a quarter since COVID-19.

Cheyanne Enciso

Tara Amuso runs a small bricklaying business in central Victoria with her husband Damian. (PR IMAGE PHOTO)

BusinessPremiumSmall businesses feeling pressure from soaring costs

Key costs for Australian small businesses have climbed by 24.6 per cent since the start of the COVID-19 pandemic, according to research by AMP Bank Go.

Derek Rose

Business costs have soared nearly 25 per cent since Covid. AMP

COST OF LIVINGPremiumCafe boss: ‘I’d never open today’

A veteran cafe owner of 30 years has warned cost pressures on small businesses have never been greater, saying he would not open his cafe today.

Cameron Micallef

Labor has put private business owners on a multimillion-dollar tax clock, with the value they can defend at June 30 next year potentially deciding how much they keep when they sell.

TaxPremiumThe looming tax deadline business owners need to know

Private owners who fail to lock in defensible valuations by June 30 next year risk pushing more of a future sale into the new capital gains regime.

Ryan Johnson

RBA governor Michele Bullock made it clear the institution was prepared to raise interest rates again if inflation remained stubbornly above target.

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EconomyPremium
exclusive
WA business confidence plunges as RBA issues rates warning

Short-term business confidence in WA has recorded its biggest plunge since the onset of COVID-19, dropping to some of the worst levels seen during the pandemic.

Cheyanne Enciso

Etsy-sellers and small-town accountants are enjoying the fruits of AI.

Small BusinessWhy America has become a small business paradise

Etsy-sellers and small-town accountants are enjoying the fruits of AI

Reef Craft board members Cambell Nalder, John Poynton, Dean Nalder, Nichola Zed and Tullem McKiever.

BusinessPremiumReef Craft dives into WA’s marine offset market

The WA start-up has fixed its first coral to an artificial reef off Coogee as it chases governments and developers facing tougher environmental obligations.

Ryan Johnson

Prime Minister Anthony Albanese addresses the 50th National Labor Conference.

Small BusinessPremiumAlbo warned against stacking Fair Work court

Businesses have warned the Albanese Government against moves to stack its new Fair Work Court, saying judges must be independent and appointed on merit to ensure its integrity.

Daniel Newell

Not Supplied

UPDATEDPremiumBrewery collapses twice in just two years

A popular brewery has entered administration for the second time, as a company that once produced 2.5 million litres of beer fights to survive.

Cameron Micallef

Experts warn WA businesses could feel that pressure more acutely because local wages were already rising faster than in most States.

Small BusinessPremiumNation-leading wage rises hit WA businesses

WA small businesses are paying the equal-fastest wage rises in the country while hiring cools, just as higher minimum and award wages begin to hit payrolls.

Ryan Johnson

More small businesses are going into administration as a result of rate hikes and Labor’s Budget tax changes.

BusinessPremiumLabor’s taxes tipped to kill off more small businesses

More small businesses are going into administration as a result of rate hikes and Labor’s Budget tax changes, which a leading insolvency specialist feared would infect bigger corporations.

Stephen Johnson

Burning issue ... Rustlers Steakhouse and Grill owner Les Palmer with his petition and QR code.

Burning issueRustlers boss: ‘We still have power, they have to listen’

Rustlers Steakhouse & Grill owner Les Palmer wants all of Albany’s 8000 town gas customers to sign his petition which calls on the State Government to retain the city’s reticulated LPG network.

Claire Middleton

Liberte owner Amy Hamilton is selling the iconic venue.

au revoir PremiumLiberté up for grabs as Hamilton says au revoir

Another of Albany’s iconic hospitality venues is set to change hands, as Liberte chef-patron Amy Hamilton puts her award-winning French-Vietnamese restaurant on the market.

Melissa Sheil

Bunbury Retail Co president Cheryl Kozisek, Bunbury Geographe Chamber of Commerce and Industry treasurer Mike Ansell, Dixon Financial owner Jon Dixon, former City of Bunbury Deputy Mayor and Director, Bunbury Geographe Motor Museum Tom Dillon, Dapco Tyre and Auto owner Eddy Gobby, Heather Reid and campaign co-ordinator Monique Warnock.

PropertyPremiumFight as Bunnings set to leave WA town after 130 year stint

Bunbury leaders have launched an extraordinary campaign to stop Bunnings from leaving the town where the hardware chain started 130 years ago, claiming its departure will bring the port city to its knees.

Kim Macdonald

US taking control of AI

BusinessPremiumAI’s foreign ‘kill switch’ risk to Aussie businesses

Australian businesses face a foreign ‘kill switch’ risk after US intervention restricted access to the latest OpenAI and Anthropic AI models, experts warn.

Ryan Johnson

Australian beach lifestyle brand Swim Shady won a trademark battle against US rapper Eminem, securing the right to use its name despite his opposition.

CourtAussie’s Eminem trademark win

Australian business Swim Shady has won a David vs. Goliath trademark battle launched by the real Slim Shady Marshall Mathers.

Emma Kirk

The Hon Ken Wyatt AM, Ray Loh Head of ICNWA and Gerry Matera Founder and Managing Director Weitj Investment Group at Marnda (Nyoongar Gathering) at PCEC.

Small BusinessPremiumNoongar leader targets ‘black cladding’ in $50b plan

Noongar leader Gerry Matera wants to build a $50 billion Indigenous wealth fund by 2050, with “black cladding” firms first in his sights.

Ryan Johnson