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Showing 111 - 120 of 336 results for "Small businesses"

Xero acquires business lender

ALLY SELBY  |  TUESDAY, 25 AUG 2020
Accounting software provider Xero has acquired an invoice financing business, set to help small businesses access capital. Xero has acquired cloud-based lending platform Waddle, and will cough up an upfront cash payment of $31 million, as well as subsequent ...

Impact investing seeks to address racial inequality

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... announced a new initiative. The alliance will focus on creating equitable growth in communities of colour by backing small businesses and key social services - many of which are suffering as a result of COVID-19. "Issues of access and opportunity in ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... in June and 43.1 on May. The ISM non-manufacturing index increased to 58.1 from 57.1 in June and 45.4 in May. Small businesses are faring better too. The NFIB Small Business Optimism index rose to a reading of 100.6 in June - the highest reading since ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... four lockdown to shrink national GDP growth Victoria's lockdown to result in extra 250K job losses Victorian small businesses doubt they can survive latest lockdown The Australian: Victoria lockdown to slash GDP and risk state's AAA credit rating ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... and Family Enterprise Ombudsman Kate Carnell is calling for a number of measures to be put in place to protect small businesses from a 'tsunami' of insolvencies. In the latest Insolvency Practices Inquiry report, Carnell detailed recommendations ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... annual pace of ¥180 billion. In May, it launched a new lending program worth around ¥30 trillion to support small businesses. At its June meeting, the BOJ increase the size of its corporate support package from ¥75 trillion to ¥110 trillion (US$1 ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... this decision, I now call on this committee to ensure for proper scrutiny of these matters for these hundreds of small businesses." O'Neil said that the Australian Small Business and Family Enterprise Ombudsman has received over 100 complaints from the ...

COVID-19 stimulus continues

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... offset should see people in this bracket benefit by up to $1080 at the end of the tax year. The tax rate for small businesses structured as companies with turnovers of less than $50 million will decrease marginally from 27.5% to 26% Meanwhile, the unincorporated ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... also announced it has banned paid representative MCR Partners from lodging complaints on behalf of customers and small businesses. This is the first time AFCA has exercised its discretion under AFCA Rule 2.2 to exclude a third party paid representative. ...

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... extension from an "unpredictable parliament" and overhaul their business models to meet regulatory requirements. "As small businesses, financial planning practices also face the challenges that COVID-19 has created for the wider SME sector," he said. ...