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Weekly News Roundup

Top small business headlines, regulatory updates, and industry trends — every Tuesday morning.

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Regulatory Updates

ATO changes, Fair Work updates, tax changes, and compliance news affecting your business.

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Economic Indicators

Interest rates, inflation, consumer confidence, and key economic data that impacts small business.

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SMB Weekly · Tuesday, 2 June 2026

📊 Rate hold confirmed + new ATO small business compliance measures

RBA holds cash rate at 3.85%

The Reserve Bank held rates steady, citing sticky services inflation. Small business borrowers face continued pressure, though some lenders are offering competitive refinancing deals.

ATO launches new small business compliance initiative

The ATO announced a targeted compliance program focusing on payroll tax, contractor classification, and GST reporting for small businesses with revenue under $10M.

Fair Work: New employee entitlements take effect

Changes to casual conversion rules and parental leave entitlements came into effect on 1 June. Small business owners should review their employment contracts and policies.

Consumer confidence ticks up as inflation eases

Westpac-MI Consumer Confidence rose 2.1% in May, with households slightly more optimistic about the economic outlook despite ongoing cost-of-living pressures.

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