December 2009

Raising Rates Before Critical Christmas Period Risky

The Region's largest business organisation, Illawarra Business Chamber, said the historic decision by the Reserve Bank to raise interest rates for a third consecutive time would place additional pressure on Australia's 750,000 small business owners during the critical Christmas period. Read more

Less Than a month left to take advantage of 50% tax break

Illawarra Business Chamber is reminding the region's small business owners that they have less than a month left to take advantage of the Federal Government's 50 percent small business tax break which ends on 31 December 2009. Read more

RBA Confirms that it is time for Small Business Overdraft Margins to Fall

Illawarra Business Chamber said that the Reserve Bank Deputy Governor, Ric Battellino, has added weight to the call by the IBC for the small business lending margins charged by banks to fall. Read more

January 1 Payroll Tax cut to save NSW Businesses $100 Million in 2010

Illawarra's largest business organisation, Illawarra Business Chamber, said Illawarra businesses would receive a payroll tax cut from 1 January reducing payroll tax bills for NSW business by over $100 million in 2010. Read more