Tag: small businesses

Ombudsman lauds Labor stance on unfair contracts

Ombudsman Kate Carnell has welcomed the Labor party’s commitment to three key changes to legislation on unfair contract terms. Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Ms Carnell described Labor’s announced changes...

Ombudsman welcomes proposed overhaul of ‘jobactive’

Kate Carnell has welcomed Labor’s policy announcement to overhaul jobactive, which she says is letting small businesses down. In a recent statement, the Australian Small Business and Family Enterprise Ombudsman was scathing about...

Big banks still ‘feeding’ off SMEs

Ombudsman Kate Carnell says she’s concerned that major banks still haven’t lowered costs for the use of debit cards. Despite promises, she says, the banks still haven’t put into action the “least-cost routing”...

Ombudsman welcomes moves to bridge SME funding gap

Ombudsman Kate Carnell has welcomed plans to bridge the ‘funding gap’ faced by many small to medium enterprises (SME). She was referring to the Australian Treasurer’s announcement to do two things. First, it...

E-invoicing will improve SME cashflow, says ombudsman

Australian Small Business and Family Enterprise Ombudsman Kate Carnell says e-invoicing is good for small and medium-sized businesses (SMEs). Ms Carnell argues that it streamlines payments and improves cashflow, and therefore makes SMEs...

Ombudsman: small businesses ‘disappointed’ with banking report

Ombudsman Kate Carnell says many small businesses will be disappointed by Royal Commissioner Kenneth Hayne's interim report into banking misconduct. Ms Carnell says the banks’ behaviour affected many small businesses. But so far,...

RBA backs Ombudsman over ‘funding gap’ for SMEs

The Reserve Bank of Australia (RBA) has followed the Ombudsman in highlighting the absence of “entrepreneurial finance” for Aussie start-ups. The finding comes from the RBA’s latest bulletin, ‘Access to Small Business Finance’....

SMBs could save money through accounting automation

Many small to medium-sized businesses (SMBs) could save money by switching to automated accounts payable processes, says SAP Concur. SMBs are losing money, it says, because of “preventable mismanaged manual invoice practices”. These...
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