The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, supports the call to overhaul the Payment Times Reporting Act and welcomes recommendations to make the data more useful for small business.
“Finance...
Australia’s small business owners are “rapidly” getting older as the proportion of younger entrepreneurs shrinks, according to research from the Australian Small Business and Family Enterprise Ombudsman.
Ombudsman Bruce Billson says the most...
The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the Australian Government’s announcement of a review of the effectiveness of the regulatory framework that underpins the positive commercial relationships, fair...
Many small businesses say they feel excluded from the chance to tender for Australian Government procurement contracts because they are not part of the ‘in-crowd’ or find the process too hard to...
According to the Albanese government, its 2023‑24 Budget “addresses the immediate challenges Australians are facing, better shares the opportunities in our society and builds a stronger and more secure economy”.
“Australians have shown...
Only three out of 10 big businesses pay their small business customers within 30 days while nearly one-quarter take more than 120 days to pay up, according to new payment times data.
Australian...
The Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, has urged small business owners to take time early in the new year to take stock of their mental and financial well-being.
“When...
Small businesses should have better access to ‘debt hibernation’ instead of being made insolvent when they face a crisis beyond their control, so they are better able to pursue a credible restructure,...
