Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 328 results for "Small businesses"

Few redundancies but pay cuts abound: Recruiter

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... need to bulk up their support staff," Gordon said. He suggested market volatility and financial uncertainty for small businesses has created a lot of work for these firms, requiring additional administrative support. Industry super funds too have largely ...

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
The Australian Financial Complaints Authority (AFCA) will provide a nine-day extension to consumers, small businesses and financial services firms to respond to complaints amid the COVID-19 crisis. The change comes into effect immediately and will apply ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... include payroll tax cuts and rebates, more unemployment benefits, an infrastructure bill and additional funding for small businesses. She predicts US fiscal stimulus could total between US$3-5 trillion; or 15-25% of GDP. Despite this, State Street Global ...

Rent relief welcome news for SMSFs

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... business owners to lease a property that is owned by their own SMSF - paying rent into their SMSF. While other small businesses are getting rent relief from landlords, for an SMSF to charge a related party rent that is below market value is a contravention ...

Banks throw more businesses a lifeline

ALLY SELBY  |  MONDAY, 30 MAR 2020
... for non-financial breaches of loan contracts. ABA chief executive Anna Bligh said the changes will help larger small businesses come out the other side of the pandemic. "As this crisis has deepened and more businesses are affected we are building on ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... ombudsman David Locke said the authority would support government and banking initiatives that serve to assist small businesses and consumers during this unprecedented period. "AFCA recognises that strong and effective action is required to deal with ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... said that depending on customer take-up, the move could inject more than $8 billion back into the pockets of small businesses. "Small businesses are the most vulnerable part of the economy and present the most pressing need for assistance in the economy ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... Australia's government said it would buy A$15 billion of RMBS to facilitate small loans to consumers and small businesses." So far, so good. Equity markets have responded positively with the US and European markets finishing overnight's trading ...

JP Morgan commits $86m to COVID-19 crisis

ALLY SELBY  |  THURSDAY, 19 MAR 2020
... country's total number of COVID-19 cases approaches 600. JP Morgan will initially commit US$15 million to support small businesses and those immediately affected by the crisis. Of this US$15 million, US$5 million will help to provide healthcare ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
... ClickSuper to ensure employers could protect the data of their employees when making superannuation payments as small businesses expressed concernes with the confidentiality of employee data. The network integrates the Single Touch Payroll and SuperStream ...