Economy | SmartCompany https://www.smartcompany.com.au/economy/ Business news, business advice and information for Australian SMEs, startups and entrepreneurs Mon, 20 Jul 2026 01:30:24 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.6 https://assets.smartcompany.com.au/wp-content/uploads/sites/4/2022/01/cropped-android-chrome-512x512-1.png?quality=70&w=32 Economy | SmartCompany https://www.smartcompany.com.au/economy/ 32 32 202088525 First-of-its-kind RBA paper outlines which businesses are most likely to be acquired https://www.smartcompany.com.au/business-advice/rba-paper-which-businesses-most-likely-to-be-acquired/ https://www.smartcompany.com.au/business-advice/rba-paper-which-businesses-most-likely-to-be-acquired/#respond Mon, 20 Jul 2026 01:30:15 +0000 https://www.smartcompany.com.au/?p=341340 New data, previously unexplored at scale, gives entrepreneurs a clear insight into what acquirers want to see.

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ASIC expands probe into Big Four audit firms after KPMG allegations https://www.smartcompany.com.au/finance/asic-probe-big-four-audit-firms-kpmg-allegations/ https://www.smartcompany.com.au/finance/asic-probe-big-four-audit-firms-kpmg-allegations/#respond Thu, 09 Jul 2026 01:02:14 +0000 https://www.smartcompany.com.au/?p=340706 ASIC has launched a broader investigation into the Big Four consulting firms following whistleblower allegations against KPMG.

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QLD budget 2026: What small businesses and startups need to know https://www.smartcompany.com.au/economy/qld-budget-2026-what-small-businesses-startups-need-to-know/ https://www.smartcompany.com.au/economy/qld-budget-2026-what-small-businesses-startups-need-to-know/#respond Tue, 23 Jun 2026 05:52:24 +0000 https://www.smartcompany.com.au/?p=339315 The 2026-27 Queensland budget offers a suite of targeted small business support policies, but little in the way of specialist startup support, as Treasurer David Janetzki traces a years-long path back to surplus.

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NSW budget 2026: What small businesses and startups need to know https://www.smartcompany.com.au/economy/nsw-budget-2026-small-business-startups/ https://www.smartcompany.com.au/economy/nsw-budget-2026-small-business-startups/#respond Tue, 23 Jun 2026 03:45:00 +0000 https://www.smartcompany.com.au/?p=339221 NSW has just handed down its budget for 2026-2027, and most notably, a replacement for the axed Business Connect program has been announced.

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NSW budget reveals $37 million for Business Connect successor https://www.smartcompany.com.au/economy/nsw-budget-37-million-business-connect-replacement/ https://www.smartcompany.com.au/economy/nsw-budget-37-million-business-connect-replacement/#respond Tue, 23 Jun 2026 03:11:05 +0000 https://www.smartcompany.com.au/?p=339390 The NSW budget has committed $37 million to a small business advisory program to replace Business Connect after the service was axed in 2025.

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Fuel prices set to rise as government winds back excise cut https://www.smartcompany.com.au/transport-logistics/fuel-prices-rise-government-winds-back-excise-cut/ https://www.smartcompany.com.au/transport-logistics/fuel-prices-rise-government-winds-back-excise-cut/#respond Mon, 22 Jun 2026 23:07:21 +0000 https://www.smartcompany.com.au/?p=339309 Australians will pay more for petrol and diesel from July 1 as the federal government begins winding back temporary fuel tax relief introduced during the Middle East conflict.

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RBA leaves interest rates unchanged after three straight hikes https://www.smartcompany.com.au/economy/rba-interest-rates-decision-unchanged-three-straight-hikes/ https://www.smartcompany.com.au/economy/rba-interest-rates-decision-unchanged-three-straight-hikes/#respond Tue, 16 Jun 2026 04:35:45 +0000 https://www.smartcompany.com.au/?p=338928 Following three consecutive rate rises, the central bank's monetary policy board voted unanimously to leave the cash rate steady at 4.35% on Tuesday.

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KPMG misconduct crisis triggers nationwide review of government contracts https://www.smartcompany.com.au/economy/kpmg-misconduct-crisis-triggers-nationwide-review-government-contracts/ https://www.smartcompany.com.au/economy/kpmg-misconduct-crisis-triggers-nationwide-review-government-contracts/#respond Mon, 08 Jun 2026 23:35:17 +0000 https://www.smartcompany.com.au/?p=338502 The fallout from KPMG’s escalating governance crisis is spreading across Australia, with federal and state governments reviewing contracts and seeking assurances over data security.

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South Australia budget 2026: $50 milllion R&D fund boosts startups, little SME relief https://www.smartcompany.com.au/economy/south-australia-budget-2026-small-business-startups/ https://www.smartcompany.com.au/economy/south-australia-budget-2026-small-business-startups/#respond Fri, 05 Jun 2026 01:18:09 +0000 https://www.smartcompany.com.au/?p=338430 South Australia's 2026 budget includes a new $50 million R&D fund and startup support, but no major tax relief or broad small business grants.

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US plans new 12.5% tariff on Australian goods claiming forced labour concerns https://www.smartcompany.com.au/economy/trump-tariffs-australia-forced-labour-concerns/ https://www.smartcompany.com.au/economy/trump-tariffs-australia-forced-labour-concerns/#respond Wed, 03 Jun 2026 23:36:23 +0000 https://www.smartcompany.com.au/?p=338367 Prime Minister Anthony Albanese has already called the US' tariff proposal "unjustified", pointing to Australia's anti-slavery legislation.

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