Media Releases

Celebrating small business in Melbourne’s suburbs

23 August 2017

FAIRER competition laws for small business, tax cuts and an extension to the popular $20,000 instant asset write-off programme underscore the small business support from the Federal Government, Small Business Minister Michael McCormack says. “From Sunbury to Bundoora, suburbs and communities throughout Melbourne are hives of small business activity, making a mighty contribution to Australia’s […]

Small business, consumers central in transition to dispute resolution

22 August 2017

DISPUTE resolution for small business and consumers is central in the new expert reference panel to assist the transition to a one-stop-shop for financial and superannuation disputes – the Australian Financial Complaints Authority, Small Business Minister Michael McCormack says. “The Government will involve small business and consumer advocates as industry experts advise the best way […]

Ombudsman making a real difference for small business

16 August 2017

THE Australian Small Business and Family Enterprise Ombudsman has made a significant contribution to Australia’s 3.2 million small businesses and family enterprises, a review released by Small Business Minister Michael McCormack today has found. “The Liberals and Nationals created the Ombudsman’s office in March last year to ensure our small business sector has the independent […]

Fairer deal for small business secured

16 August 2017

FAIRER competition laws for small business passed the Parliament last night, levelling the playing field so small businesses can compete, Small Business Minister Michael McCormack says. “The passage of section 46 is another Bill which backs small business and delivers on the Liberals and Nationals’ election promise,” Mr McCormack said. “Protecting small business from anti-competitive […]

Urgent consumer action: Please check if your car has a Takata “Alpha” airbag

15 August 2017

Minister for Small Business Michael McCormack and Minister for Urban Infrastructure Paul Fletcher are warning drivers to act immediately if they have certain Honda, Toyota, Nissan, BMW and Lexus vehicles with models sold between 1999 and 2006, which have “Alpha” airbags installed, as this type of airbag has been identified as posing an even more […]

Takata airbags recall – comprehensive report released on recall campaign status

14 August 2017

The Government has today released a comprehensive report from the Department of Infrastructure and Regional Development on the progress and current status of the Takata airbag recall program.  “I sought this urgent report following the recent tragic death of a motorist in Sydney allegedly caused by a faulty Takata airbag,” said Minister for Urban Infrastructure […]

McCormack to Labor: let’s work together to actually level the playing field for small business

10 August 2017

LABOR Senators have today one-by-one cried crocodile tears for small business but if they are genuinely interested in levelling the playing field they should back in the Government’s changes to Section 46, Small Business Minister Michael McCormack says. “The Access to Justice Bill is the first time the Labor Party has shown any interest in […]

Yamaha recall: Youth Quad Bike – Raptor 90

6 August 2017

YAMAHA Motor Australia has issued a recall for its Raptor 90 youth quad bikes following the detection of asbestos in the brake shoes, Minister for Small Business Michael McCormack says. “Yamaha has recalled its Raptor 90 youth quad bike,” Mr McCormack said. “This recall affects approximately 1600 bikes with model years 2016 and 2017, and […]

Safety warning notice issued: Takata airbags

6 August 2017

SMALL Business Minister Michael McCormack has today issued a Safety Warning Notice to warn consumers of the possible risks presented by the use of vehicles fitted with Takata airbags. “As Minister responsible for Consumer Affairs, my most important job is to protect Australian consumers’ safety,” Mr McCormack said.  “Today, I have issued a Safety Warning Notice […]

Consumer Ministers to consider retirement villages

25 July 2017

RETIREMENT villages and recent allegations of unfair practises will be discussed at a meeting of State and Territory Consumer Affairs Ministers, Small Business Minister Michael McCormack has announced. “I was concerned about recent media reports drawing attention to alleged unfair practises being imposed on residents of retirement villages,” Mr McCormack said. “Like many Australians, I […]

Takata Airbags Recall – Turnbull Government demands urgent answers from vehicle manufacturers

24 July 2017

The Turnbull Government is demanding urgent answers from vehicle manufacturers about their program to recall vehicles which include potentially faulty Takata airbags, following the recent tragic death of a motorist in Sydney, alleged by NSW police to be a Takata airbag deploying incorrectly. ‘Following discussions today between me, my Ministerial colleague Michael McCormack and Chairman […]

Excise refund scheme for distillers

21 July 2017

The Turnbull Government has delivered on its 2016-17 Budget commitment to provide targeted support to small Australian alcohol producers who distil or ferment alcoholic drinks. From 1 July 2017, distillers can access a refund of 60 per cent of excise paid up to $30,000 per financial year. The excise must have been paid on or […]

Celebrating small business across Tasmania

19 July 2017

THE Commonwealth and Tasmanian Governments have celebrated the efforts of the State’s small businesses to create local jobs and provide local services following Small Business Week. Visiting Tasmania today, Federal Small Business Minister Michael McCormack applauded jobs growth in the state, saying he wants to help the sector to continue to hire more Tasmanians. “Across […]

Jobs focus in Tassie small biz talks

19 July 2017

THE lowest small business tax rate in many decades will help Tasmania’s small businesses grow and create jobs, local Senator Eric Abetz said. "Small Business is the engine room of jobs growth and is the backbone of the Tasmanian economy," Senator Abetz said. Joining Federal Small Business Minister Michael McCormack on a visit to small […]

Tax cuts back the Tweed’s small businesses

18 July 2017

SMALL businesses across the Tweed are on the cusp of even more growth thanks to a cut in the company tax rate, Small Business Minister Michael McCormack says. “Communities throughout the Tweed and northern New South Wales are the job-creators of the region. That’s why the Federal Government has cut the company tax rate to […]

$20k write-off a real help for Ryan’s small businesses

17 July 2017

A YEAR-LONG extension to the popular $20,000 instant asset write-off programme helps the more than 13,000 small businesses across the Ryan electorate, local MP Jane Prentice says. "As small businesses start to meet with their tax agents and plan for the year ahead, now is the time to take advantage of the instant tax write-off […]

Along the road to growth at Gundagai

12 July 2017

THERE’S a track winding back to a job-creating shack along the road to Gundagai, Small Business Minister and local Nationals’ MP Michael McCormack says. “Across Australia, Gundagai and its Dog on the Tuckerbox is synonymous with country life, and thanks to recent changes by the Federal Government, Gundagai is also synonymous with small business,” Mr […]

Safety standard for ethanol burners

10 July 2017

A NEW safety standard for decorative alcohol-fuelled devices, also known as ethanol burners, will ensure consumers’ safety, Small Business Minister Michael McCormack says. “I'm worried about the harm these products can cause consumers, which is why I've made a safety standard which particularly targets table-top devices which pose the greatest risk,” Mr McCormack said. Mr […]

Start-ups star in Newcastle roadshow

6 July 2017

A LOCAL start-up hub in the Newcastle Mall – The Roost Creative – shows the wonderful opportunities in starting a small business, Small Business Minister Michael McCormack says. “Successful small businesses start with the spark of an idea and the hard-work to make it a reality,” Mr McCormack said. Bringing the nationwide small business roadshow […]

Helping the Hunter’s small businesses grow

5 July 2017

SMALL businesses throughout the New South Wales Hunter Valley are set to grow and create even more jobs thanks to tax cuts and practical support from the Federal Government, Senator John Williams says. "Small business is the engine room of our economy. It employs millions of Australians and is the backbone of our country towns […]

Back in Bathurst to boost small business

4 July 2017

AN EXTENSION to the popular instant asset write-off programme and tax cuts for small businesses underscore the Federal Government’s practical support for small business, Member for Calare Andrew Gee says. “Small business is at the heart of our country communities and it’s vitally important that governments support our small business people,” Mr Gee said. Welcoming […]

PaTH to opportunity for small biz and young Australians

3 July 2017

YOUNG Australians and small businesses are on the path to opportunity thanks to a new partnership announced today, Small Business Minister Michael McCormack says. "The Australian Retailers' Association will partner with the Government and offer internship opportunities to up to 10,000 young Australians through the Youth Jobs PaTH (Prepare-Trial-Hire) program," Mr McCormack said. "This is […]

Simple and positive changes for small business

30 June 2017

SIMPLER Business Activity Statements (BAS) and an extension to the instant asset write-off programme will change from tomorrow and underscore the simple and positive changes for small business, Small Business Minister Michael McCormack says. “The start of a new financial year tomorrow means paperwork will be simpler for small business and the popular instant asset […]

Saluting small business in regional SA

29 June 2017

RECENT cuts to the small business tax rate – now down to 27.5 per cent – helps small businesses throughout rural and regional South Australia to expand and create jobs, Grey MP Rowan Ramsey says.

The hills are alive with the sound of small business

28 June 2017

TAX cuts for small business – down to the lowest rate in many decades – backs small businesses throughout the Adelaide Hills to expand and create more jobs, Assistant Agriculture Minister Anne Ruston says. “Small business is the economic backbone of regional communities like those in the Adelaide Hills,” Senator Ruston said. “Those who work […]

Advancing Adelaide’s small businesses

28 June 2017

SMALL businesses throughout Adelaide are in the spotlight today as local owners meet to share ideas and network with a nationwide small business roadshow, Education Minister and South Australian Senator Simon Birmingham says. “Our plan for small business means South Australia’s butchers, auto repair shops and small wineries are among the 190,000 local businesses across […]

Shop local on U.N. Small Business Day

27 June 2017

AS the world celebrates small businesses on the inaugural United Nations’ Micro, Small and Medium Enterprises Day, Australia’s Small Business Minister Michael McCormack has urged communities to shop local. “The United Nations has declared today Micro, Small and Medium Enterprises day, giving shoppers around the world the opportunity to celebrate the contribution of local small […]

Our national snapshot: 2016 census data released today

27 June 2017

A DETAILED and high-quality snapshot of Australia, its people and its communities will be revealed by the Australian Bureau of Statistics (ABS) today as the 2016 Census of Population and Housing data is released, Small Business Minister Michael McCormack says. “The ABS 2016 Census data release today will reveal what Australian people and their communities […]

Safety warning for Polaris youth quad bikes

22 June 2017

Small Business Minister Michael McCormack has today issued a Safety Warning Notice for owners and repairers of Polaris youth quad bikes which may contain asbestos. Acting on advice from the Australian Competition and Consumer Commission (ACCC), Mr McCormack said the Notice advises consumers to check their youth quad bikes to ensure the safety of those […]

Australia’s AIIB statement: Connectivity from infrastructure key to development

20 June 2017

SUSTAINABLE infrastructure investment and partnership with the private sector have underscored Australia’s statement to the 2nd Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Jeju, South Korea. Small Business Minister Michael McCormack welcomed the Bank’s expanding membership and the 13 projects it has underway in eight countries. “Infrastructure […]

Delivered: instant asset write-off extension

15 June 2017

AUSTRALIA’S 3.2 million small businesses can continue to purchase equipment up to $20,000 and write it off immediately thanks to legislation passed by the Senate today, Small Business Minister Michael McCormack says. “Around Australia I have heard from hundreds of small businesses how helpful the $20,000 instant asset write-off is to purchase the equipment they […]

Driving Dawson: shopping local backs small business

9 June 2017

AN extension to the popular $20,000 instant asset write-off programme gives Dawson small businesses the opportunity to grow and keep money flowing around the local economy, Federal Member for Dawson George Christensen says. “The $20,000 instant asset write-off is now available to more small businesses and has been extended for another year,” Mr Christensen said. […]

Tax cuts back Capricornia’s small businesses

8 June 2017

The lowest small business tax rate since the Second World War means local small businesses can reinvest to grow and create more jobs, Capricornia MP Michelle Landry says. “Small business is the backbone of our community but is a sector that feels the brunt of downturns in other sectors like mining and tourism,” Ms Landry […]

CQ central in small business support

8 June 2017

SMALL businesses throughout Central Queensland are set to benefit from the Federal Government’s Budget boost, Member for Flynn Ken O’Dowd says. “Central Queensland is a very enterprising region,” Mr O’Dowd said. The recent Federal Budget included an extension to the $20,000 instant asset write-off for small business, which is now available for businesses with a […]

Discussing employment issues with Riverina locals

5 June 2017

Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, and the Minister for Small Business and Member for Riverina, Michael McCormack, today took part in an employment roundtable with Riverina locals in the agricultural sector. Minister McCormack said it was important to hear farm businesses’ issues firsthand, to ensure government policies and programs supported them […]

Riverina Fresh delivers CoOL milk to consumers

5 June 2017

Riverina Fresh is one of the growing number of local businesses adopting Australia’s new Country of Origin Labelling (CoOL) early, well ahead of the 30 June 2018 deadline. Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, today visited Riverina Fresh with the Minister for Small Business and Member for Riverina, Michael McCormack, and applauded […]

Shopping local backs Bennelong small business

2 June 2017

An extension to the instant asset write-off, cuts in the company tax rate and incentives to work with State and Territory Governments to cut more red tape back localAN extension to the instant asset write-off, cuts in the company tax rate and incentives to work with State and Territory Governments to cut more red tape […]

Payment times code a good start

29 May 2017

TODAY’S announcement of a code of conduct for big business payment times to small business is welcomed, Small Business Minister Michael McCormack says. “Around Australia, I have heard from hundreds of small businesses about a range of issues and payment times are a real concern for many of Australia’s 3.2 million small businesses,” Mr McCormack […]

Trade gain to support Aussie meat exports to the UAE

27 May 2017

A major technical trade barrier to the UAE removed. Improved market access for beef and sheep meat worth up to $60 million annually. Will give industry more flexibility when sending Australia’s premium products overseas. A major technical barrier to trade that is estimated to have cost industry up to $60 million per year has been […]

Instant asset write-off extension one step closer

25 May 2017

AN extension to the popular instant asset write-off programme is one step closer thanks to a Bill introduced to Parliament today, Small Business Minister Michael McCormack says. “Across Australia I heard from hundreds of small businesspeople how helpful the $20,000 instant asset write-off programme is to help businesses grow, pursue new ideas and hire more […]

New Coin and Stamp Unveiled to Commemorate 1967 Referendum and Mabo Decision

24 May 2017

To mark the 50th anniversary of the 1967 referendum and 25 years since the Mabo decision, the Government has today launched a 50 cent commemorative coin and Australia Post stamp today. Minister for Indigenous Affairs, Nigel Scullion, unveiled the coin and stamp at a luncheon with surviving 1967 referendum campaigners, Mabo decision plaintiffs and their […]

Tax cuts back Toowoomba small businesses

17 May 2017

CUTS to the tax rate for small businesses – down to the lowest level in many decades – backs small businesses in Toowoomba and the Darling Downs to grow, Member for Groom Dr John McVeigh says. “Small business is the lifeblood of the Toowoomba economy and the Turnbull Government is backing regional economies like ours […]

Shop local in Lismore

16 May 2017

NOW is the time to spend more money locally, so small businesses can restart the heart of Lismore, Member for Page Kevin Hogan says. “Our local small businesses employ many people in our community, and as a Government it is important that we support them,” Mr Hogan said. Joined by Federal Minister for Small Business […]

Beenleigh small business boosted by Budget

16 May 2017

SMALL businesses throughout the Forde electorate were boosted by additional support in last week’s Federal Budget, Federal Member for Forde Bert van Manen says. “Small business drives local economies, especially in the south east Queensland region,” Mr van Manen said. “More than 15,000 small and medium businesses in my electorate of Forde will be better […]

40,000 small businesses on the Sunshine Coast boosted by Budget

15 May 2017

FRESH from the 2017 Federal Budget, Small Business Minister Michael McCormack visited the Sunshine Coast today to meet with local businesses to discuss the benefits from the Government’s company tax cuts and 2017 Budget measures, Member for Fisher Andrew Wallace says. “The 2017 Federal Budget has delivered for 40,000 small businesses throughout the Sunshine Coast. […]

Helping Hinkler’s small businesses have a go

15 May 2017

NOW’s the time for Hinkler’s small businesses to have a go, expand and create more jobs, Federal Member for Hinkler Keith Pitt says. “Small businesses are the lifeblood of regional economies. That’s why they are central to the Coalition Government’s plan to boost the economy and create more jobs,” Mr Pitt said. Mr Pitt said […]

Celebrating Queensland Small Business Week

15 May 2017

SMALL Business Minister Michael McCormack says small businesses have good reason to celebrate Queensland Small Business Week following last week’s Federal Budget boost for small business. “Queensland small business owners and operators have reason to smile following the Coalition Government’s continued commitment in the Federal Budget to back them and their staff,” Mr McCormack said. […]

Simpler standard for baby dummies and dummy chains

11 May 2017

BABIES’ dummies and dummy chains will be subject to a single product safety standard following a review by the consumer watchdog, Small Business Minister Michael McCormack says. “Dummies and dummy chains are an essential part of the baby bag for any new parent or those with toddlers. Parents deserve the certainty to know the products […]

Interim ban extended on unsafe ethanol burners

11 May 2017

SMALL Business Minister Michael McCormack has today extended the interim ban on the supply of certain types of decorative alcohol fuelled devices, also known as ethanol burners. “As the Minister responsible for consumer affairs, the safety of Australians when they purchase products is always top of my mind,” Mr McCormack said. Mr McCormack has today […]

Budget boost for small business

9 May 2017

EXTENDING the instant asset write-off programme and incentive payments for cutting red tape are highlights of the Budget boost for small business, Small Business Minister Michael McCormack says. “Small business has a big impact on the Australian economy – with 3.2 million small businesses employing 5.6 million Australians,” Mr McCormack said. “It’s small business – […]

Consumer protection delivered by Budget

9 May 2017

PROTECTIONS for Australian consumers have been secured in this year’s Budget with increased penalties for companies and individuals that breach consumer law, Small Business Minister Michael McCormack says. “My most important job as the Minister responsible for Consumer Affairs is to ensure Australians are protected from being ripped off or misled, so people can make […]

Tax cuts delivered for small business

9 May 2017

A CUT in the company tax rate – to its lowest level in many decades – has been delivered in the House of Representatives this afternoon, Small Business Minister Michael McCormack says. “Since the Senate passed our small business tax cut plan in March, I have travelled to 44 cities, towns and villages in 24 […]

Small business tax cuts central in jobs plan

4 May 2017

TAX cuts for small businesses across the Moore electorate are central in the Federal Government’s plan to grow the economy and create more jobs, Member for Moore Ian Goodenough says. “Small business tax cuts are essential if we are to remain competitive with other countries with lower taxes,” Mr Goodenough said. “It also means local […]

Supporting small business set-up

4 May 2017

STARTING a small business in Australia is about to get even simpler, Small Business Minister Michael McCormack says, today releasing the Government’s response to the final report of the Productivity Commission’s inquiry into Business Set-up, Transfer and Closure. “It all starts with the spark of an idea and the hard work to make that dream […]

Cutting Canning small business tax

3 May 2017

CUTTING small business taxes – to the lowest level in many decades – backs Canning small businesses to grow, invest and create new jobs, Member for Canning Andrew Hastie says. “Small businesses are the lifeblood of regional communities. The Federal Government’s tax plan is about is backing small business so they can invest, grow and […]

South West small business boosted by lower tax

3 May 2017

SOUTH West small businesses are the focus of a Federal Government plan for lower taxes, more jobs and opportunities across the region, Member for Forrest Nola Marino says. “The Turnbull Government has delivered the lowest small business tax rate in many decades,” Mrs Marino said. Joined by Federal Small Business Minister Michael McCormack in Busselton […]

Great Southern small business boosted by tax cuts

2 May 2017

SMALL businesses across the Great Southern region have been backed with a tax cut – the lowest tax rate in many decades – and increased access to the instant asset write-off programme, Member for O’Connor Rick Wilson says. "The Government has recently passed tax cuts for small businesses – down to 27.5 per cent – […]

Giving Gilmore small business a boost

28 April 2017

SMALL businesses across the Gilmore electorate are now paying the lowest company tax rate in 50 years thanks to the Coalition’s tax cuts, Gilmore MP Ann Sudmalis says. “Small businesses across the Gilmore electorate drive the local economy. They are at the centre of the Government’s plan for more local jobs and opportunities in the […]

Cutting Camden’s small business taxes

27 April 2017

A NATIONWIDE small business roadshow has arrived in Camden today, with tax cuts and simpler paperwork top of its agenda, Member for Hume and Assistant Minister Angus Taylor says. “I am pleased to be joined today by Small Business Minister Michael McCormack to host a forum with local small businesses focused on the Coalition Government’s […]

Tax cuts power Western Sydney small business

26 April 2017

A visit to Western Sydney switchgear and switchboard apparatus manufacturers Salem Power Engineering Services today by Small Business Minister Michael McCormack and Assistant Minister for Immigration and Border Protection Alex Hawke highlights how the Coalition Government’s company tax cuts are powering small businesses in Sydney’s west. “It is great to be here today with Alex […]

Information standard provides clarity in free-range egg labelling

26 April 2017

CONSUMERS will now have the information they need to make informed choices when it comes to purchasing free-range eggs thanks to a new information standard registered under the Australian Consumer Law, Small Business Minister Michael McCormack says. “As the Minister Responsible for Consumer Affairs, I want to ensure Australians are fully informed when they purchase […]

Western Sydney small business boosted by tax cuts

21 April 2017

A cut in the small business tax rate – to its lowest level in 50 years – is a great boost to small business, Defence Minister and Western Sydney-based Senator Marise Payne says. Visiting Kouzina Greco Greek restaurant in Parramatta today, Senator Payne and Small Business Minister Michael McCormack met with Alana and Peter Laliotitis […]

Circulating coin commemorates ANZAC legacy

21 April 2017

THE ICONIC Australian War Memorial’s mosaic from the Hall of Memory will soon circulate in coloured $2 coins unveiled by Defence Minister Marise Payne and Small Business Minister Michael McCormack today. “Australia’s ANZAC story and legacy commemorates the gallantry and sacrifice of the tens of thousands of Australians who fought and died in the First […]

Kids’ nightwear safety boosted by new product standard

20 April 2017

CHILDREN’S nightwear has a new safety standard, with highly-flammable garments excluded from sale and better labelling for fire warning, Small Business Minister Michael McCormack says. Mr McCormack has today accepted advice from the Australian Competition and Consumer Commission (ACCC) that the children’s nightwear safety standard should be updated. “The most important role I have as […]

Shop local to create Cowper jobs

19 April 2017

THE lowest company tax rate in half a century is on its way for small businesses in the Cowper electorate, local MP Luke Hartsuyker says. Touring local small businesses with Federal Small Business Minister Michael McCormack today, Mr Hartsuyker said the recently-passed tax cut plan will help local small businesses to expand and hire more […]

Final report for the Review of Australian Consumer Law

19 April 2017

The final report for the Review of Australian Consumer Law, conducted by Consumer Affairs Australia and New Zealand (CCANZ), has today been welcomed by Federal Small Business Minister Michael McCormack, who is responsible for consumer affairs. “This is the first broad review of Australia’s national consumer law since it commenced on 1 January 2011. Commissioned on 31 March 2016, […]

Giving Wauchope, Mid North Coast small business a big future

18 April 2017

TAX cuts and simpler paperwork are on the way for Wauchope and Mid North Coast small businesses, Lyne MP and Assistant Health Minister David Gillespie says. On the Mid North Coast with Small Business Minister Michael McCormack as part of a nationwide small business roadshow, the Ministers heard how tax cuts, redefining small business and […]

Boon for Bowman’s small businesses

13 April 2017

FEDERAL Member for Bowman Andrew Laming hosted Minister for Small Business Michael McCormack in Cleveland today holding a roundtable with local small businesspeople and community leaders. “I am pleased the Minister accepted my invitation to visit Bowman and to meet local businesspeople to discuss how the Government’s small business plan will help them grow and […]

Productivity Commission report: Consumer Law Enforcement and Administration

12 April 2017

Minister for Small Business Michael McCormack, in his capacity as Minister Responsible for Consumer Affairs, has today welcomed the Productivity Commission’s report into Consumer Law Enforcement and Administration.  “The Productivity Commission’s report, released today, details its study findings into the administration arrangements behind the Australian Consumer Law,” Mr McCormack said.   “The study examined the complementary […]

North Brisbane and Moreton Bay small businesses set to grow

12 April 2017

PETRIE MP Luke Howarth and Small Business Minister Michael McCormack met with small businesses in Brisbane’s northern suburbs and Moreton Bay area to discuss the Government’s plan to help local small businesses grow and create local jobs. “It’s great to have the Minister here today to visit local small businesses, and to hear directly how […]

Small Business Ombudsman report: payment times and practices

12 April 2017

SMALL Business Minister Michael McCormack has today welcomed the Australian Small Business and Family Enterprise Ombudsman’s report following its inquiry into payment times and practices for small business. “The Government established the Australian Small Business and Family Enterprise Ombudsman to give an independent voice to the challenges and issues faced by Australia’s 3.1 million small […]

Backing Bonner’s small businesses

11 April 2017

FEDERAL Member for Bonner Ross Vasta was joined today by Small Business Minister Michael McCormack to discuss how the Government’s small business plan was helping local small businesses to grow and create local jobs. “It’s great to have the Minister here today to visit local small businesses in my electorate of Bonner,” Mr Vasta said. […]

Maranoa small business tax cuts in sight

10 April 2017

A CUT in the company tax rate – to its lowest level in half a century – will enable Maranoa and western Queensland small businesses to expand, hire more people and pursue their dreams, Federal Small Business Minister Michael McCormack said. In Roma, Dalby, Warwick and Stanthorpe for small business forums and meetings with small […]

Tax cuts central in Corangamite small business roadshow

6 April 2017

Lower taxes and simpler paperwork for small business was central as a nationwide small business roadshow stopped in Corangamite today, Federal Small Business Minister Michael McCormack says. Visiting small businesses in Belmont this morning, Corangamite MP Sarah Henderson said the tax cuts are a welcomed boost for the local economy. “I was delighted to welcome […]

Stay safe when using ‘occy straps’

4 April 2017

A new safety standard for elastic luggage straps (commonly known as ‘octopus straps’ or ‘occy straps’) comes into effect today, Small Business Minister Michael McCormack says. As the Minister responsible for consumer affairs and product safety, Mr McCormack said the standard requires a warning label which clearly warns of dangers when removing the hooks. “Occy […]

Wodonga, Benalla benefit from small biz roadshow

4 April 2017

Coming off the back of delivering the lowest company tax rate for small business in 50 years, a nationwide small business roadshow took stock of the terrific opportunity in northern Victoria today, Small Business Minister Michael McCormack said. “Senator Bridget McKenzie and I are proud to be in the Government for small business. We are […]

Small business tax relief on the way

3 April 2017

THE whole country is set to gain from more than 3 million small businesses having a lower tax rate, allowing them to invest more, grow more and employ more, Small Business Minister Michael McCormack says. “We know lower taxes means small businesses can grow, pursue new ideas and create more jobs,” Mr McCormack said. “We […]

Small business overwhelmingly paid on-time by Government

3 April 2017

THE Australian Government continues to lead the way in on-time payments to business, Small Business Minister Michael McCormack says. Releasing the Government’s Pay On-Time Survey today, Mr McCormack said the survey measures agency performance against a 90 per cent benchmark, in terms of the number of invoices under $1 million paid within 30 days.

Competition changes: Levelling the playing field for small business

31 March 2017

A LANDMARK review of Australian competition policy, introduced into Federal Parliament this week, backs small businesses to grow, innovate and create more jobs, Small Business Minister Michael McCormack says. Mr McCormack said the Competition and Consumer Amendment (Competition Policy Review) Bill 2017, implements a number of recommendations from the Harper Review to back small business. […]

New Horticulture Code of Conduct to take effect on 1 April

31 March 2017

Australian horticulture growers will be able to secure fairer returns on their produce thanks to the Coalition Government's new and improved Horticulture Code of Conduct, which will provide a stronger framework to support dispute resolution between growers and traders. Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, Minister for Small Business, […]

Commemorating Comm Games with currency

30 March 2017

Borobi, the official mascot of the Gold Coast 2018 Commonwealth Games (GC2018), has not only found a spot in many Australian hearts, he has also now taken over one of our currency – the $1 coin – revealed today at the Royal Australian Mint in Canberra. Sports Minister Greg Hunt, Tourism Minister Steven Ciobo and […]

A boost for Berwick small businesses in sight

16 March 2017

An Australia-wide small business roadshow headed by Small Business Minister Michael McCormack was in Berwick today, as local MP Jason Wood and the Minister toured businesses on High Street. “Small business around Australia is our economy’s job-creator, from large centres to suburban communities and throughout rural and regional Australia,” Mr McCormack said. “They are the […]

Interim ban imposed on unsafe ethanol burners

16 March 2017

SMALL Business Minister Michael McCormack has today imposed an interim ban to prevent the supply of certain types of decorative alcohol fuelled devices, also known as ethanol burners. Mr McCormack imposed this interim ban following advice from the Australian Competition and Consumer Commission (ACCC) that some ethanol burners create a risk of serious injury. Today’s […]

Independent review of the Australian Small Business and Family Enterprise Ombudsman

15 March 2017

A year on from the creation of the office of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) by the Turnbull-Joyce Government, Small Business Minister Michael McCormack today announced its first independent review. "The review will look at how effectively and efficiently the Ombudsman has undertaken the role of providing assistance and advocacy for […]

Boosting small business in Bathurst and Oberon

14 March 2017

THE nationwide small business roadshow, headed by Small Business Minister Michael McCormack, headed to Bathurst and Oberon today, as the Central West played host to two roundtables with the Australian Competition and Consumer Commission (ACCC), Australian Taxation Office (ATO) and the Australian Small Business and Family Enterprise Ombudsman (ASBFEO). “The Central West region, which includes […]

Keeping kids’ soccer goals safe

10 March 2017

MOVEABLE soccer goals, which are subject to a safety standard due to the risk of toppling over, have been reviewed by the Australian Competition and Consumer Commission (ACCC). Small Business Minister Michael McCormack, who is responsible for consumer affairs, has today accepted the ACCC’s advice the current safety standard should continue.

Backing small business on the Northern Beaches

8 March 2017

TAX cuts, simpler paperwork and giving more businesses access to the $20,000 instant asset write-off programme were a central focus of a small business roadshow headed by Small Business Minister Michael McCormack and local MP Jason Falinski in Collaroy today. Joined by senior leaders from the Australian Competition and Consumer Commission (ACCC), the Australian Taxation […]

Mint motors ahead with Brabham montage

8 March 2017

AUSTRALIAN motor racing legend Sir Arthur "Jack" Brabham AO OBE has been honoured by the Royal Australian Mint with the Formula One racing champion depicted on a new 50 cent piece unveiled this week. Small Business Minister Michael McCormack, who is responsible for the Royal Australian Mint, said the new coin honours Sir Jack's lifetime […]

Gympie, Sunshine Coast shine in regional small biz roadshow

7 March 2017

THE nationwide small business roadshow headed by Small Business Minister Michael McCormack with leaders from the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Australian Competition and Consumer Commission (ACCC) and the Australian Tax Office (ATO) has moved to Queensland’s Gympie and Sunshine Coast regions today. Mr McCormack said each roadshow visit focuses on different […]

Small Biz Roadshow heads to Brisbane

6 March 2017

THE 2017 Small Business Roadshow led by Federal Small Business Minister Michael McCormack lands in Brisbane today, with leaders from the Australian Competition and Consumer Commission (ACCC), Australian Small Business and Family Enterprise Ombudsman (ASBFEO) and Australian Taxation Office (ATO) attending a forum hosted in the CBD by Brisbane MP Trevor Evans. Mr Michael McCormack, […]

It all starts with a spark and a dream

3 March 2017

YOUNG entrepreneurs wanting to start their own small business have been given another boost this week, as the Coalition Government delivered even greater support to encourage jobseekers with a business idea to have a go, Small Business Minister Michael McCormack says. The Government has this week expanded the New Enterprise Incentive Scheme (NEIS) to add […]

Research reveals regional start-up success

2 March 2017

NEW research released by Universities Australia today has revealed what country people know to be true – that Australia’s regions are central in starting new small businesses and creating new jobs, Small Business Minister and Nationals’ MP Michael McCormack says. “Australians know better mobile and Internet connectivity in country towns and communities is opening great […]

Growing regional jobs in small business through decentralisation

2 March 2017

Every new job and every new family in rural and regional Australia brings opportunity for a local small business to start or succeed, Small Business Minister Michael McCormack says. Launching the www.getoutofthecity.com.au website alongside Deputy Prime Minister Barnaby Joyce and The Nationals, Mr McCormack said investment in regional communities driven by decentralisation of Government agencies […]

‘Have a go’: Help for budding Aussie entrepreneurs

28 February 2017

New products are now available to help young Australians who are starting a business for the first time, Small Business Minister Michael McCormack says. Coming on the back of a marked increase in young Australians going into business, particularly in industries such as construction, transport, information technology and telecommunications, the Australian Taxation Office (ATO) has […]

Rivwest expansion a new opening for western NSW

24 February 2017

AN expansion of Rivwest Finance Limited’s office on Talbragar Street in Dubbo is a new opening for small business in western New South Wales, Small Business Minister Michael McCormack says. Joining local Nationals’ MP Mark Coulton, Mr McCormack opened the new office building and celebrated the firm’s 21st birthday with employees and clients today. “Rivwest […]

Confidence key as western NSW powers ahead

23 February 2017

The confidence of country communities and encouragement to think local and shop local were front and centre as Small Business Minister Michael McCormack and Parkes MP Mark Coulton toured Dubbo small businesses this afternoon. In western NSW as part of his nationwide small business roadshow, Mr McCormack praised the city’s upbeat attitude and said it […]

Small Business Roadshow kicks off in Adelaide

20 February 2017

Tax cuts, reductions in red tape and levelling the playing field for small business through fairer competition policy is front and centre in a nationwide roadshow starting today, Small Business Minister Michael McCormack says. Starting in suburban Adelaide, the roadshow will meet directly with small businesses over shop counters, farm gates and kitchen tables in […]

Levelling the playing field for Aussie small businesses online

17 February 2017

SENSIBLE changes to Goods and Services Tax (GST) collection online were introduced to the Parliament this week as the Turnbull-Joyce Government delivered another 2016-17 Budget measure to boost small business, Small Business Minister Michael McCormack says. "The Government understands that small business is the job creator in our economy," Mr McCormack said. "In successful Budgets […]

Indigenous business success central in Closing The Gap

14 February 2017

INDIGENOUS Procurement Policy (IPP) has delivered on the Government's targets for Indigenous business procurement and is set to be supercharged, Small Business Minister Michael McCormack says. "The target of 3 per cent Indigenous procurement by 2020 has been a focus of this Government since the IPP was introduced in the 2015-16 financial year," Mr McCormack […]

Horticulture code strikes right balance

14 February 2017

THE Government response to the Horticulture Code of Conduct strikes the right balance and will ensure a range of improvements within Australia’s horticulture sector to support constructive and fair business between growers and traders, Small Business Minister Michael McCormack says. Mr McCormack, who has responsibility for consumer affairs and mandatory codes, said the Horticulture Code […]

Consumers king as Country of Origin laws pass Parliament

9 February 2017

A KEY commitment to introduce sweeping changes to Australia’s Country of Origin labelling system was delivered last night, as the Turnbull-Joyce Government kept its commitment to Australian consumers, Small Business Minister Michael McCormack says. Legislation passed by the Senate last night will clarify when to use “made-in” and “packed-in” claims. “These changes are sweeping and […]

Registered Tick of approval for Flying Doctor

7 February 2017

AUSTRALIA’S Royal Flying Doctor Service has today been recognised with an Australian Charities and Not-for-Profit Commission (ACNC) Registered Tick, presented by Small Business Minister Michael McCormack in Canberra. “From the far reaches of Australia’s outback to our towns and centres where urgent medical care is needed, the Flying Doctor is an essential service and is […]

Small business cyber security in sight on Safer Internet Day

7 February 2017

THE Federal Government has urged the millions of Australian small businesses to be proactive about their cyber security and to take advantage of the free resources available. To coincide with Safer Internet Day, Minister Assisting the Prime Minister for Cyber Security Dan Tehan and Minister for Small Business Michael McCormack have written to Australian business […]

Darling Downs delivers first of nationwide dairy probe

6 February 2017

Dairy producers in Queensland’s Darling Downs will be in focus today, as the first hearing of the Australian Competition and Consumer Commission’s (ACCC) Inquiry into the dairy industry gets underway. Small Business Minister Michael McCormack, whose portfolio includes responsibility for consumer affairs, praised the inquiry and encouraged producers to have their say. “The Government recognised […]

Carnell report into banking practices released

3 February 2017

The Turnbull Government today released the report of the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell AO, into the small business lending practices of the major banks and other lenders. The Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, and the Minister for Small Business, the Hon Michael McCormack MP, […]

Small business central in Coalition jobs plan

1 February 2017

THE Coalition Government’s central focus on jobs has a starring role for small business, Small Business Minister Michael McCormack says. “Opportunity and security for Australians is the Coalition Government’s foremost focus – and we want small business central in delivering higher wages and more jobs around the country,” Mr McCormack said. “Australia’s 2.1 million small […]

‘Why I want to see small business win more Government contracts’, Op‑ed published on SmartCompany

31 January 2017

AS Australian Government tenders are advertised, small business should be in the driver’s seat for delivery, writes Small Business Minister Michael McCormack. FROM modernising our largest Defence bases to the upkeep of Government offices and agencies across the country, there is enormous potential in Government procurement for Australian small businesses. And with 2015-16 financial year […]

New ATO record-keeping tool for sole traders

30 January 2017

SOLE traders can get a head start on tax this year with new record-keeping functionality enhancements to myDeductions in the free Australian Taxation Office app, Small Business Minister Michael McCormack says. “Simplifying tax matters and accessibility for small business is something on which I want to focus as Small Business Minister. Having run my own […]

‘Backing local businesses’, Op‑ed published in the Daily Telegraph

27 January 2017

Four times as many small businesses are confident about their future compared with those which are worried. Surging to a net balance of +46, data recently released by Sensis shows the remarkable effort Australians have helped instil in our 2.1 million small businesses. It backs up what I have heard first-hand. And it proves Aussies […]

Small business stars in Government procurement stats

25 January 2017

ALMOST a third of total Australian Government contracts were won by Australian small businesses in the 2015/16 financial year, AusTender data has confirmed. Valued at $5.5 billion, Small Business Minister Michael McCormack said the reporting period demonstrates the Coalition’s commitment to encouraging Australian small businesses to apply for Australian Government contracts. “Government procurement is a […]

Confidence surges in small business

18 January 2017

Confidence among Australia’s small and medium enterprises has lifted eight points – to a net balance of plus 46 – in the latest Sensis Business Index (December 2016), confirming the bright future for business, Small Business Minister Michael McCormack says. “Today’s report shows small business confidence has surged and is now sitting at a six-year […]

Shining a spotlight on small business payment terms

10 January 2017

SMALL business payment terms, times and practices are in the spotlight thanks to an inquiry of the Australian Small Business and Family Enterprise Ombudsman, Small Business Minister Michael McCormack says. “In the six months I have been Australia’s Small Business Minister, I have travelled the country listening to the concerns, ideas and feedback from as […]