This week: draft federal laws would ban most non‑compete clauses below high‑income levels; proposed trust tax changes introduce a fixed‑distribution election to avoid a 30% minimum tax for many discretionary trusts; the Tax Ombudsman reviews the ATOs sharp rise in Director Penalty Notices, urging directors to keep BAS and super current before seeking finance; and Brisbane opens Women in Business grants of up to $5,000 with mentoring through 5 October. Practical angle: review contracts, confirm tax and trust settings, and tidy ATO obligations before comparing business loans using quick eligibility tools and broker support at business-loans.au.
Loan or Line of Credit? What’s Best for Your Business?
When it comes to financing your business, selecting the right option is crucial to its success. The right financial tools can help your business grow, manage expenses, and navigate unforeseen challenges more effectively. - read more
How Do Lenders Assess a Business Loan Application in Australia?
Applying for a business loan involves more than completing an application form. Lenders typically assess a range of factors when deciding whether to approve a loan, including the financial position of the business, its ability to repay the loan and the information provided as part of the application. - read more
Emerging Trends in Business Funding
The landscape of business funding is undergoing significant changes, offering new opportunities and challenges for small businesses. With evolving technologies, shifting market dynamics, and an increased focus on sustainability, entrepreneurs are seeing a transformation in how they secure and manage funding. - read more
Secured vs Unsecured Business Loans: What's the Difference?
Secured and unsecured business loans are two common types of finance available to Australian businesses. While both provide access to funding, they differ in how they are structured, the security requirements, borrowing limits and other loan features. - read more