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Articles on Small business

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Prime Minister Malcolm Turnbull used part of his address to the national press club to sell the company tax cut. Mick Tsikas/AAP

What economists and tax experts think of the company tax cut

The federal government is still trying to convince senate crossbenchers to pass a company tax cut but tax experts and economists dispute all of its supposed benefits.
The Wigwam Motel in Holbrook, Arizona, is one of the few remnants of America’s mid-20th century motel boom. Library of Congress

The twilight of the mom and pop motel

What does the shuttering of traditional roadside motels say about America’s relationship with travel and freedom?
How has working life changed? Shutterstock

A snapshot of Australia by income, gender and work

Wages are stagnating and women have not benefited nearly as much as men from earlier wage increases. And what if small business isn’t the powerhouse we’ve been led to believe? What recent HILDA data has to tell us about gender, income and work.
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.

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