Tag Archives: ombudsman

Legislation may be the only way to fix payment times: Ombudsman

Media Release 12 February, 2020 Legislation may be the only way to fix payment times: Ombudsman The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell says if big businesses continue to flout reasonable payment terms, she will have no choice but to recommend federal legislation requiring all businesses …

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New legislation will combat illegal phoenixing

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 …

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Ombudsman welcomes advent of Business Growth Fund

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 …

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Ombudsman raises franchisee red flag

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is urging prospective franchisees to do their homework before investing after the ACCC found some franchisors are failing to provide adequate information to buyers. One-in-three franchisors fail to disclose useful information The regulator found one-in-three franchisors in the food services …

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