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.
ASIC reveals reasons behind insolvencies in FY17-18
Small to medium size corporate insolvencies dominate external administrators’ reports, with 84 per cent of failed companies having estimated...
IPA heralds $2bn fund as win for SMEs
Yesterday, the government announced a $2 billion Australian Business Securitisation Fund as well as encouraged the establishment of an Australian...
Big banks split on SME growth fund: NAB, HSBC lead charge but ANZ, Westpac cool
ANZ and Westpac are the most reluctant to sign on to the proposed Australian Business Growth Fund announced by Treasurer Josh Frydenberg on...
Scott Morrison to revolutionise small business lending
Under a plan to be announced by Treasurer Josh Frydenberg, the government will ask the Australian Office of Financial Management to invest an...
Review into payment times established
The review announced by the office of the Australian Small Business and Family Enterprise Ombudsman followed a written request from the Minister...
‘No new protections needed for SME borrowers’
From miscalculating fees to abusing the trust of borrowers, the Hayne royal commission uncovered a range of issues with the big four banks’ past...
Labor phoenixing proposal has merit, says ASBFEO
Shadow assistant treasurer Andrew Leigh said the proposal would enable the Tax Commissioner to name and shame directors who deliberately “burn”...
ATO sets out small business vision for 2024
In a speech to IPA delegates, ATO deputy commissioner Deborah Jenkins noted how the digital age offers new opportunities to transform the...
IPA shines light on SME mental health
Speaking to hundreds of delegates at the World Congress of Accountants in Sydney, IPA chief executive Andrew Conway said its research points to...
SMEs lead the way on workplace mental health
SuperFriend, the national mental health organisation influencing positive change in workplace mental health and wellbeing, has released its...
