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...
Food order management platform Foodbomb has recently launched BombPay, promoted as Australia’s first wholesale marketplace buy now pay later (BNPL) product, specifically tailored to the needs of the hospitality industry.
Designed to give...
Credit reporting bureau CreditorWatch has revealed the top three industries with the highest number of payment arrears in November.
Construction takes the top spot with 12.6% of firms in arrears by 60-plus days....
Media Release
16 April, 2020
Reasons for employee layoffs revealed: 1.2m businesses were already making sacrifices to stay afloat
New research has provided a clue as to why Australian businesses have had to let go...
Ombudsman Kate Carnell has welcomed the Queensland government’s commitment to faster payment terms for small businesses.
Ms Carnell has also urged other states and territories to follow suit, after expressing disappointment that it...
As Christmas approaches, Australian small business owners are compromising their personal wellbeing to deal with business pressures, claims Westpac.
Such pressures include cash flow, compliance and regulation, according to Westpac’s new Small Business...
