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.
‘JobKeeper loans’ surpass $500m
As of 27 May, banks have concluded 10,145 “JobKeeper loans” to the tune of some $521 million, with an additional $1.45 billion being rolled out...
IPA reminds big business it’s ‘time to pay’
The Payment Times Reporting Bill will see the establishment of a Payment Times Reporting Scheme, which will be reviewed after three years, and...
Businesses told they must declare before payments can flow
With 31 May just around the corner, businesses that are yet to enrol in JobKeeper have been told they can still claim the $1,500 fortnightly wage...
Small business ombudsman calls for a small business award
Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the Prime Minister’s commitment to go back to the drawing...
Poor resilience costing Aussie businesses $50bn annually
The findings of Reckon’s Resilience Report have shown that years of drought, the recent bushfires and the current COVID-19 pandemic have had a...
Kate Carnell calls for structural reform to fuel COVID-19 recovery
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has released a comprehensive plan, proposing a number of structural...
Businesses face $8bn in backpay after casuals ‘double dipping’ is upheld
In a ruling celebrated by the unions, the Full Federal Court reconfirmed on Wednesday that casual employees working regular and systematic hours...
TPB cautions ‘beware of COVID-19 stimulus fraudsters’
The TPB's warning follows the identification of a growing number of complaints and intelligence about fraudsters posing as tax experts, providing...
Small business ombudsman demands least cost routing to help recovery
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is calling on banks to adopt least cost routing, sending tap-and-go...
Coronavirus job losses smash tourist regions but ‘the worst is behind us’, ABS data show
However, the same figures also show the heavy toll that the lockdown is having in regions where tourism and hospitality are among the primary...
