Business News

Small Business Owner Mental Health: A Call for Support

Small business owner mental health is an increasingly urgent topic in today’s economy, especially in Australia, where the pressures of entrepreneurship can significantly impact emotional wellbeing.Owners of small businesses often grapple with unique challenges, including financial stress, long hours, and the constant pressure to perform, which can lead to high rates of anxiety and depression.

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Non-Compete Ban Australia: Impacts on Small Businesses

The non-compete ban in Australia, set to take effect by 2027, marks a pivotal change for small and medium enterprises (SMEs) and worker mobility across the nation.With this new legislation, approximately three million workers, particularly those earning under $175,000, will have the freedom to seek employment without the restrictions imposed by traditional non-compete clauses.

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Lord Mayor’s Small Business Awards Now Open for Applications

The Lord Mayor’s Small Business Awards are now open for applications, celebrating the remarkable contributions of Melbourne’s small businesses to our vibrant city.These prestigious awards acknowledge outstanding entrepreneurs and innovative companies that have thrived in the competitive landscape of Melbourne, especially those that have been operating for over ten years.

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