27 August 2024
Business NSW
The peak policy and advocacy body in NSW, representing businesses across the state since 1826.
Welcome to our 27 August newsletter. In this edition, we share the results of our latest Business Conditions Survey and explain the new workplace laws that took effect on 26 August. We show how you can benefit from the Instant Asset Write-Off, important updates on gender undervaluation proceedings, details of the 2024 Innovate with nbn® Grants Program, and tips for saving on energy costs. Finally, join our upcoming webinar on managing employment terminations effectively.
When business thrives, we all thrive.
Our latest Business Conditions Survey reveals business confidence has declined for the second straight quarter, dropping from -59.7 to -67.8. SMEs also remain concerned about insurance, taxes, and energy costs. One in four reported an increase in insurance costs of more than 30% in the past year.
On 26 August, new workplace laws came into effect as part of the Closing Loopholes reforms. Here’s what you need to know.
The Instant Asset Write-Off (IAWO) lets eligible businesses deduct the cost of assets used or installed this year.
Australian Business Lawyers & Advisors, on behalf of Australian Business Industrial, is participating in the preliminary hearings of the gender undervaluation proceedings.
Have your say
Your opinion matters. Every fortnight, Business NSW will share the results of our two-click member surveys. First up, we ask how small business owners are dealing with the rising cost of business.
Our latest Business Conditions Survey offers insights into what businesses are planning to do with their headcount in the next three months.
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Business NSW is putting productivity front and centre of our policy agenda. Learn more about how our strategies and insights can help your business thrive.
Got a brilliant business idea that harnesses the benefits of the nbn® network? Apply now for the 2024 Innovate with nbn® Grants Program.
Looking to save on your energy bill? Zembl finds savings for four out of five businesses. Discover how much your business could save today.
Ending an employment relationship can be challenging. Join this webinar and learn how to manage the process lawfully and effectively.
Get the help you need for your small business on the MyBusiness website. From expert advice to practical solutions, we cover all the topics that matter to you. Explore resources designed to support and grow your business effortlessly.
A recent FWC decision clarifies that while employers aren’t required to share investigation reports, they must still follow due process and ensure employees receive natural justice.
Learn more about seven powerful strategies that will enhance your procurement efficiency and drive significant cost savings for your organisation.
Our membership is packed with benefits to help your business thrive. See all benefits here.
Got a question? Call our friendly membership team on 13 26 96.
Your Business NSW team
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