Lift productivity to avoid economic decline, says IPA

Lift productivity to avoid economic decline, says IPA

IPA chief executive Andrew Conway said a number of recommendations in its 2018 Small Business White Paper are aimed at improving productivity and efficiency of the small business sector, including the introduction of initiatives to improve managerial capabilities of...
Ombudsman disappointed with Hayne interim report

Ombudsman disappointed with Hayne interim report

ASBFEO Kate Carnell said the interim report does not address many of the issues that have been raised over a considerable time by small businesses affected by bank misconduct.She referred in particular to businesses affected by the purchase of Bankwest by the...
ASIC flags small business as high priority

ASIC flags small business as high priority

Last month, ASIC released its Corporate Plan 2018-2022, highlighting the implementation of new supervisory approaches as one of its strategic priorities until 2022, as well as addressing poor culture and professionalism in financial services and credit. In relation to...
Transitioning to AFCA

Transitioning to AFCA

The two key things you need to do are: #1. Update documents and your website to refer to AFCA – Any documents or information on your website that refers to CIO, FOS or the SCT need to be updated. Different time frames apply to various types of documents: –...