TOPIC
Why banks are now chasing your SME clients
Australia’s big banks and non-bank lenders have a new focus: small business. This pivot is driving competition and improving access to finance for SMEs.
Business loans to be included in CDR from 1 Nov
In December 2020, the Consumer Data Right rules were amended to enable more business customers of banks to use it and share their data with...
NSW government pilot program to see subcontractors paid faster
To be run until June 2021, the trial extends the existing faster payments policy to ensure larger companies within the NSW government pay their...
Ombudsman calls out small business insurance woes
Ms Carnell has previously highlighted the issues surrounding access to insurance for small businesses through the ASBFEO Insurance Inquiry last...
Managers, employees split on expectations of hybrid work
The Adapting to the New Normal: Hybrid Working 2021 report, released by Pitcher Partners Melbourne, Bastion Reputation Management and Bastion...
Funding issues a persistent source of frustration for SMEs, survey says
The latest SME Growth Index from Scottish Pacific (ScotPac) found that the top three frustrations were loan conditions (84 per cent), having to...
Super Retail Group hands back $1.7m in JobKeeper subsidies
Super Retail Group, who owns Supercheap Auto, Rebel Sports, Boating Camping and Fishing, and Macpac, announced its decision to return $1.7...
SMEs warned to follow through on SG amnesty or risk penalties
In a recent notice, the ATO reminded businesses that disclosed unpaid super and qualified for the SG amnesty that they must either pay in full...
Job openings rise back to pre-COVID figures, says ABS
New seasonally adjusted figures show that, on an annual basis, job vacancies were 12 per cent higher than November 2019. Job vacancies in the...
Treasurer reveals plans to support business when JobKeeper ends
Mr Frydenberg said he intended to end JobKeeper at the end of March; however, he also said it is not the only measure that the federal government...
ATO allows businesses extension to use WFH shortcut method
In a notice on its website, the ATO said it will apply the WFH shortcut method until 30 June 2021. The method initially applied from 1 March to...
