Struggling businesses seeking help too late

Struggling businesses seeking help too late

This time last year, ASIC revealed that of the 7,613 reports it had received from external administrators in the 2017–18 financial year, poor cash flow or abnormally high cash use were found to be the main causes for a business collapsing — prevalent in 49 per cent of...
ATO applies automatic lodgment and payment deferrals for bushfire victims in NSW and Qld

As bushfires rage, most SMEs are underinsured

The insurance giant polled 609 Australian SMEs in April this year as part of its report, SMEs and insurance: A pulse check on risk trends for business, which was released on Friday (15 November), just a week after bushfires ravaged parts of NSW and Queensland, killing...