by Maja Garaca Djurdjevic | Dec 12, 2018 | News
“The House of Representatives standing committee on economics recommended banks introduce this by 1 April this year and we are still waiting for any action,” Ms Carnell said. The National Australia Bank and ANZ promised to roll out the changes this year, but no action...
by Maja Garaca Djurdjevic | Dec 12, 2018 | News
ASIC conducted a surveillance of Bristol Street between 22 July 2016 and 27 October 2017, and uncovered widespread non-compliance with financial services laws. According to the commission, Bristol Street had, among other things, failed to comply with the conditions on...
by Maja Garaca Djurdjevic | Dec 11, 2018 | News
The package is part of the government’s strong focus on small business as a key economic driver, and a recognition that mental health is linked to the productivity of the small business sector, the Minister for Small and Family Business, Skills and Vocational...
by Maja Garaca Djurdjevic | Dec 11, 2018 | News
A new YouGov study of small businesses in Australia, commissioned by small business lender Prospa, has found that 54 per cent of small business owners spend 6-7 days a week on their business, with one in four working seven days a week. Even when not at work, small...
by Maja Garaca Djurdjevic | Dec 10, 2018 | News
“Corruption not only erodes trust, it has a direct detrimental impact on economic growth,” IPA chief executive officer, Andrew Conway, said. The World Economic Forum estimates that every year the cost of corruption is at least US$2.6 trillion – or 5 per cent of...
