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

Search Results

Showing 71 - 80 of 283 results for "Small businesses"

Industry flocks to JobKeeper handouts

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... proven the most resilient with only 1236 enrollments for the payments. Nearly 87% of the applications were from small businesses with average annual turnover of less than $2 million. Large organisations (with greater than $250 million in turnover) had ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... return once the pandemic is no longer of concern, he warned, especially in retail, travel and hospitality. Many small businesses as well will likely crumble over the coming months, and consumer saving patterns will likely be altered irreversibly, he ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... grow the small business platform and to continue to build for global scale and innovation. "Now more than ever, small businesses are recognising the benefit of being able to use the cloud to run their businesses and manage their finances." Australian ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... Banks, he said, have a major role to play in extending forgiveness, lines of credit and supporting the country's small businesses. Greater Bank topped the index for the quarter for the first time, moving up four places since the December quarter. Bendigo ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
The Australian Small Business and Family Enterprise ombudsman Kate Carnell is concerned that many small businesses may not be applying for the JobKeeper scheme. Carnell said there is a concern from many small business owners that they cannot afford ...

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 ...