Articles on Small business

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Economic reality has intruded on rosy budget predictions for years now and the Pre-election Economic and Fiscal Outlook may soon challenge Treasurer Scott Morrison’s forecasts. AAP/Mick Tsikas

Three critical tests for Budget 2016: how does it fare?

Budget repair was put off till later, and the net impact of decisions in the budget was small, but it will be easier to defend in the coming election campaign than some other recent efforts.
Informal traders at Cape Town ‘s Grand Parade. Survival businesses that are here today and gone tomorrow cannot further long term devemlopment. Reuters/Mike Hutchings

How microcredit has hurt the poor and destroyed informal business

After 1994 the microcredit movement helped plunge large numbers of black South Africans into heavy debt and poverty while enriching a few white elites who provided the loans.
Muhammad Yunus, founder of the Grameen Bank. The micro credit revolution he started has not been a panacea for poverty. EPA/Ulrich Perrey

From Zorro to Zombie: the rise and fall of the microcredit movement

Microcredit, which was viewed as a perfect market-affirming solution to poverty in developing countries, has collapsed. In 30 years it's gone from Zorro to Zombie.
The government’s response to Ian Harper’s competition recommendations should underpin the next 20 years of Australia’s economic growth. AAP/Lukas Coch

Harper response is good economics and smart politics

The response to the Harper recommendations on competition policy reform was mature and wisely sidestepped the issue that could derail debate on it.
About 98% of US exporters are small businesses. Cargo ship via www.shutterstock.com

We may have cinched TPP, but is US trade a lost cause?

The signing of the Trans-Pacific Partnership belies the fact that the US's share of trade in the region has been declining for some time.
New Assistant Minister for Innovation, Wyatt Roy, has his sights set on Silicon Valley. AAP Image/Lukas Coch for Buzzfeed

Startup nation: the rhetoric and the reality

The new Assistant Minister for Innovation, Wyatt Roy, wants to promote tech start-ups in Australia. But is that such a prudent policy?
Africa needs to support small and medium-sized enterprises across the value chain of the agribusiness sector. Reuters/Noor Khamis

What Africa can learn from China about growing its agribusiness sector

Over the past 60 years, China has experimented extensively with policies and programmes to encourage the growth of rural enterprises. Africa could do well by following in these footsteps.
New write-off rules may be too good to be true for some small businesses. Image sourced from www.shutterstock.com

How the small business write-off can make you worse off

The $20,000 immediate write-off for small business has been broadly welcomed, but modelling shows there will be losers.
Immediate tax deductions for small business are designed to boost investment and confidence. AAP.Julian Smith

Why the small business tax break could pay for itself

The small business package allowing firms to depreciate up to $20,000 of assets comes with a hefty upfront cost - but the government collects later.

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