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Showing 1 - 10 of 24 results for "Australian Small Business"

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
Despite soaring interest rates, the number of small business owners borrowing from banks has sharply risen in 2022, a new survey reveals. More than a third (36%) of Australian small businesses canvassed by CPA Australia are increasingly relying on external ...

EOFY tips for advisers

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
... reaching an all-time high. The debt is held by just 6.4% of the total number of small businesses. The Australian Small Business and Family Enterprise Ombudsman Bruce Billson said the reported decline in small business payment plan arrangements over the ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... relentlessly pushing on with debt recovery actions against a small business, while the case is being heard," Australian Small Business and Family Enterprise Ombudsman Bruce Billson said. The Financial Planning Association of Australia said it welcomes ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... scale," El-Ansary said. The government is also committing $12.7 million to expand the Digital Solutions - Australian Small Business Advisory Service, and $15.3 million to drive business uptake of e-Invoicing for small and medium businesses. In addition ...

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 ...

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 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 ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... actions are funded. It was then expected to be filed in February but was delayed again. It comes as the Australian Small Business and Family Enterprise Ombudsman refers numerous BOLR-related cases for mediation on the back of more than 100 complaints ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The Australian Small Business 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 ...

AMP advisers low priority for ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
... 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 financial advisers affiliated with AMP. Those ...
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