Small business is ASIC's largest customer. Of all the Australian companies and businesses registered with us, approximately 96% are considered to be small businesses with fewer than 20 employees (using the Australian Bureau of Statistics definition).

Small businesses also make a significant contribution to the Australian economy. They collectively employ half the Australian workforce and account for one fifth of Australia's gross domestic product. One of our main regulatory objectives is to maintain, facilitate and improve the Australian financial system and the businesses that operate within that system. The regulation of small businesses is an integral part of this..

Brett Bassett is the Senior Executive Leader of Small Business Compliance and Deterrence of ASIC spoke with Angela, ASIC about why SME's are important to ASIC and what tools and support they can offer small business operators - listen to the podcast now.

27 July 15 - ATO - ASIC - Brett Bassett

The sharing economy (also known as collaborative consumption) is a new way of connecting buyers (‘users’) and sellers (‘providers’) for economic activities. Arrangements are generally booked through a facilitator using a website or app.

Michael Hardy, an Assistant Commissioner in the ATO is speaking with Eaglewaves about some of these common sharing economy activities, potential tax implications and what this means for the small business involved.

27 July 15 - ATO - ASIC - Brett Bassett

EagleWaves

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