by Slye Joy | Nov 1, 2018 | News
Some of the key features of AFCA include: The ability to hear consumer complaints where the value of the dispute is less than $1 million and the ability to award compensation of up to $500,000 – almost double the existing limits of FOS and CIO; In the case of...
by Slye Joy | Oct 31, 2018 | News
The ASBFEO submission to the interim report of the Hayne royal commission noted an examination of the code that found banks can still change their risk appetite, call in loans with no notice and choose not to work with small businesses to return a loan to performing...
by Slye Joy | Oct 30, 2018 | News
Licensees that are not a member of AFCA as at 21 September 2018 are in breach of their licence obligations, ASIC said in a statement. As a result, it said it can immediately commence action to suspend or cancel their licence. In the case of credit representatives, if...
by Slye Joy | Oct 29, 2018 | News
The recommendation stems the IPA’s second Australian Small Business White Paper produced in partnership with the IPA Deakin SME Research Centre. IPA chief executive Andrew Conway said the government should make funding for vocational education courses to enhance SME...
by Slye Joy | Oct 26, 2018 | News
The recommendations stem from the Australian Small Business White Paper produced by the IPA in partnership with the IPA Deakin SME Research Centre.IPA chief executive Andrew Conway said SMEs are a significant contributor to Australia’s GDP and, therefore, securing...
