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 confidence deteriorates amid rising COVID infections
According to NAB’s latest business survey, the most significant deterioration in confidence occurred in NSW and Victoria where concerns around...
Government stimulus creating backlog of SME insolvency cases
Prushka Fast Debt Recovery revealed through data sourced from court records that the Australian Taxation Office and other government agencies...
JobKeeper 2.0 expands by $15.6bn to support more businesses
The government has approved tweaks to JobKeeper to alleviate the effect of the economic deterioration in Victoria, which will see more firms...
MP welcomes ASBFEO inquiry as more SMEs refused insurance
Mr Wilkie noted in his Tasmanian electorate of a growing trend of insurance companies refusing to provide cover to small businesses or charging...
Which Melbourne businesses can operate under stage 4 restrictions?
Victorian Premier Dan Andrews announced on Monday that some Melbourne-based businesses are allowed to trade during stage 4 restrictions; however,...
‘Give small business a fair go at government contracts’
Speaking at the National Press Club on Wednesday, the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, revealed that just...
Small businesses told to ‘act fast’ as super amnesty deadline looms
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has reminded businesses to report any errors they may have made in...
Lending to SMEs boosted by $2.2bn in June
New figures from the Australian Banking Association have backed Treasurer Josh Frydenberg’s observation that there is early evidence of increased...
Online lenders warn SME loan scheme may miss the mark
Only 15,600 business loans worth $1.5 billion have been issued out of the $40 billion available under the scheme announced in the March stimulus...
Treasurer defends temporary IR changes in COVID response
In an address to the National Press Club, Mr Frydenberg noted opportunities provided to workers through schemes such as JobKeeper and JobMaker...
