Category Archives: Government Back

RISING ENERGY COSTS CURTAILING SME GROWTH; OMBUDSMAN BLAMES PRICE GOUGING, POLITICS

Research showing that SMEs are reducing capital expenditure due to rising energy prices has prompted criticism of the state governments by the Australian Small Business and Family Enterprise Ombudsman. The Ombudsman, Kate Carnell, pointed to the latest East & Partners SME survey* of 1280 businesses, which showed that 39.5% of SMES plan to scale back short-term capital … Read more

RURAL AND REGIONAL NSW BUSINESSES TO BENEFIT FROM $50M PHONE AND DATA CONNECTIVITY FUND

The NSW Government has pledged to invest ‘at least’ $50 million in improvements to phone and data connectivity in rural and regional areas of the state. The $50m+ Connecting Country Communities fund was announced by Deputy Premier and Minister for Regional NSW John Barilaro, this week. “For people living in regional and remote NSW, poor mobile and … Read more

NBN ROLLOUT PROBE RAISES CONCERNS ABOUT ‘DIGITAL DIVIDE’ AND SMALL BUSINESS IMPACT

The current design and rollout of the National Broadband Network is likely to maintain – and perhaps even increase – Australia’s ‘digital divide’, according to the parliamentary committee tasked with inquiring into the NBN rollout. In a report handed down, last week, the Joint Standing Committee on the NBN noted the network’s rollout presents many economic, health … Read more

Treasurer Scott Morrison says “intimidating” tech sector image alienates general public: Four ecosystem players weigh in

The Australian tech sector needs to better communicate the benefits of startups and new technology to the wider population if it is to thrive in the future, Treasurer Scott Morrison told an audience of tech professionals yesterday. The comments were delivered in an address to the Australian Computer Society in Sydney, and while Morrison assured audiences “it is … Read more

Why Australia doesn’t face sovereign risk in the gas markets

Shortages of gas in the Australian market have led to calls for the government to impose restrictions on gas exports. Energy industry executives have responded by saying that market interventions would create a “sovereign risk”, deterring foreign investors and buyers of Australian gas. But this doesn’t apply to Australia for a number of geographic and geopolitical reasons. We’re on the doorstep of … Read more

Applications open for new round of Palaszczuk Government small business grants [EVENT]

The Palaszczuk Government today (Wednesday) opened the third round of its popular Small Business Digital Grants, providing up to $10,000 in matched funding to operators keen to embrace new technology. Small Business Minister Leeanne Enoch said 403 Queensland small businesses have already shared in more than $2 million in funding under the first two rounds of the program – generating … Read more

THE NSW AND FEDERAL GOVERNMENTS HAVE JOINED FORCES TO SLASH RED TAPE FOR SMALL BUSINESSES

An inter-governmental partnership to help reduce red tape for new small businesses has recently been announced. The announcement follows the test launch, in April 2017, of a new business registration service to make the process simpler for small businesses, with the aim being to save new business starters $40 million each year. The Federal Government service, which … Read more

Why a stronger space industry will help Australia’s economy

A stronger space industry would benefit Australia’s economy, generating more exports and creating more job opportunities. Australia is well placed to expand its industry, particularly with the announcement of a new national space agency. The government should actually aim to establish a national space policy as part of this announcement. That way it can secure the future … Read more