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Difficult Trading Conditions Persist for Small Business The latest Small Business Survey results reveal that difficult business conditions persisted through the June quarter. Similar to previous quarters, sales revenue, selling prices, profits, employment and investment indicators were all recorded firmly in negative territory. In addition, most of the expectations indicators fell. Business Taxes and Government …
The Australian Chamber of Commerce and Industry, Australia’s largest and most representative business organisation, used today’s release of wages data to renew calls for workplace relations reform. On an annualised basis, wages grew at 2.6 per cent, which sits below the inflation rate of 3 per cent. ACCI’s chief operating officer, John Osborn said, “The …
The Australian Chamber of Commerce and Industry, Australia’s largest and most representative business organisation, said today that the decision by the Fair Work Commission to raise the minimum wage and award rates by 3% – $18.70 per week for the minimum wage – will destroy job opportunities and hit small-to-medium mum-and-dad businesses the hardest. ACCI’s …
The Australian Chamber of Commerce and Industry, Australia’s largest and most representative business organisation, has welcomed the passage through the House of Representatives last night of the Paid Parental Leave Amendment 2014 that will shift the pay-clerk burden for the existing paid parental leave scheme from business to the Family Assistance …
A statement from ACCI’s Chief Economist, Burchell Wilson The Australian Chamber of Commerce and Industry, Australia’s largest and most representative business group, calls on State and Territory governments to rule out extending the reach of payroll tax to struggling small businesses. Payroll tax is a highly inefficient tax and one that is levied without regard …