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This is a direct quote from the Federal Treasurer, Josh Frydenberg, in his budget presentation to the House of Representatives on 11th May 2021. It is an appropriate description of what many of us are hoping will occur in Australia over the next 12 months. Australian government budget: A lot of money has been invested by the government to “kick-start” a whole range of activities,...

Tags: CommBank Accounting Market Pulse Report | Federal Budget
Crowd Funding Offers Significant Benefits to SMEs and Accountants A new opportunity for small/medium enterprises, inventors and entrepreneurs has emerged with the passing by the Australian Senate of the Australian government’s Crowd Sourced Funding Amendments to the Corporations Act. SMEs and others now have three distinct opportunities where they can raise capital from the public without...

Tags: Budgets and Cashflow Forecasts | Business Plan | Crowd Sourced Funding Intermediary | Crowd Sourced Funding Offer Document | Information Memorandum | Market Research | Section 708