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Showing 91 - 100 of 592 results for "Small business"

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... testbeds in sectors such as agriculture, mining, logistics and manufacturing ($29.2m); Expansion of Australian Small Business Advisory Service digital solutions ($22.2m); Establishment of a new regulatory technology commercialisation initiative to improve ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... 'lender beware' with a 'borrower responsibility' principle and removing the ambiguity of consumer lending laws to small business lending. The Australian Banking Association chief executive Anna Bligh welcomes the changes. "Australian banks understand ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... the stock market darling in 2017. The company which claimed to use its software to make promotional videos for small business owners rose from being a penny stock in June that year to crossing $3 a share by December. At one point in 2017, it was up 1,383% ...

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... increased from$5000 to $20,000; the time to pay or respond has increased from 21 days to six months. The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomed the extension. "These necessary measures give otherwise viable small ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... spokesperson said. "Throughout the process AMP has consulted with affected advisers, the industry associations and the Small Business Ombudsman, including participating in several mediation sessions with advisers. We are providing support to advisers ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business and Family Enterprise Ombudsman has continued to urge AMP to mediate with its advisers. By January 2020, the ombudsman had ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... group that sparked the shift but also the uncertainty of financial advisers after the Royal Commission and as a small business owner HFM & Partners needs certainty with their clients' portfolios. "We need to do what is in the best interests of our ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
The corporate regulator has made two senior appointments to lead its operations and risk management units. ASIC promoted long-serving employee Warren Day to the newly-created role of chief operating officer after serving as the executive director of ...

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... shares in Xero and 50% cash. The acquisition aligns with Xero's strategy to grow the platform to better address small business financial needs, it said. "The acquisition of Waddle is an important step in our strategy to help small businesses better manage ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... provision charge of $236 million as we strengthened credit reserves, in particular for deferral packages and out small business customers," ANZ said. Elliott said he is hopeful many of those who have asked for deferrals will get back on their feet in ...