Business News

Media Release January 20, 2020 MGA was part of the round-table of small business representatives that was called in Canberra by the Prime Minister, Scott Morrison, the Treasurer, Josh Frydenburg and the Minister for Small and Family Business, Michaelia Cash. The interests and concerns of our members and their communities …

Tyro has launched a pilot for the latest addition to its banking product suite with a term deposit product for Australian businesses. Robbie Cooke, CEO and Managing Director of Tyro, says Tyro’s first foray into the term deposit market will provide businesses with an opportunity to lock away their savings …

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed the mid-year budget update. According to the Ombudsman, the update contains some “welcomed gifts” for small businesses. “It’s encouraging to see the federal government has allocated funds to establish the national payment times reporting framework,” Ms Carnell said. …

The ACAPMA Insurance arrangement is said to deliver competitively priced insurance and risk solutions that are specifically designed to meet the needs of a variety of fuel businesses in Australia. ACAPMA (and its predecessor organisation, APADA) has a long history of working to deliver comprehensive and competitively priced insurance products …

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomes the new legislation to implement Director Identification Numbers (DIN) and modernise business registers. If passed, the legislation will require Australian company directors to have a unique identification number. Ms Carnell says the legislation will help combat illegal phoenixing, a …

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed new legislation introduced today by the federal government to establish the Australian Business Growth Fund. “The Australian Business Growth Fund was a recommendation in our ‘Affordable Capital for SME Growth‘ report, which identified the need to address a …

The ACCC is proposing to grant authorisation allowing Qantas, BP Australia and independent BP petrol stations to collectively participate in the BP Rewards, Qantas Frequent Flyer and Qantas Business Reward programs. In September, it was announced that Qantas Frequent Flyer would become the “cornerstone partner” of BP’s new customer loyalty …

Small businesses experiencing financial difficulties are often leaving it too late to seek help. This is one of the factors contributing to small business insolvencies that has been explored at the first meeting of the reference group established by the Australian Small Business and Family Enterprise Ombudsman as part of …

According to new research by leading loan-specialist RedZed, only one in five self-employed Australians have a mentor, while nearly half report never having one. “We believe in the importance of mentoring and recognise what an asset it is for self-employed Australians, especially when they are growing and developing a new …

November is the perfect time for smaller bricks-and-mortar stores to angle for a share of the pre-Christmas spending period, writes ALNA General Manager – NSW/ACT Ibram Kamil. November has traditionally been ‘the calm before the storm’, a period where retailers ready themselves for the peak spending season of Christmas and …