Business is hard. It’s not enough just to make a profit – you also have to stay on the right side of numerous rules and regulations.
Thankfully, the Australian government has made things easier for small business owners by creating five helpful official websites:
- Australian Securities & Investments Commission
- Australian Small Business & Family Enterprise Ombudsman
- Australian Competition & Consumer Commission
- Australian Taxation Office
These sites contain a wealth of information about employment rules, tax obligations, competition law, corporate governance, dispute resolution and more.
This hub is designed to give small business owners all the information and tools they need to succeed in business.
You can use this hub to find information about:
- Employment rules
- Specific industry regulations
- Registrations, licences and permits
- Business plans
- Marketing plans
- Financial plans
- Government grants
- Networking events
Australia’s financial services regulator, the Australian Securities & Investments Commission, also has a business hub.
The ASIC website is where you go to learn about:
- Business structures
- Business name registrations
- Company registrations
- Corporate governance
- Risk management
The Australian Small Business & Family Enterprise Ombudsman is an independent advocate for small business owners.
You can turn to ASBFEO for help when you’re in a dispute with other businesses or government agencies (such as the Australian Taxation Office).
You can also consult ASBFEO when you’re involved in proceedings at the Administrative Appeals Tribunal (AAT).
The Australian Competition & Consumer Commission promotes fair trading and enforces competition law.
You can visit the ACCC website to learn about:
- Anti-competitive behaviour
- Business rights and protections
- Unfair contract terms
- Industry codes
- Customer obligations
- Collective bargaining
- Product safety
The Australian Taxation Office website has a wealth of information about tax, superannuation and registrations.
You can use the ATO website to:
- Research your tax and superannuation obligations
- Find out how much tax you owe
- Lodge your BAS (business activity statements)
- Claim GST credits
- Investigate which business registrations you need