Tag: small businesses

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...

Ombudsman welcomes commitment to fast track payments

Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell has welcomed the NSW government’s commitment to pay small businesses within five days. The change is due to come in by the end...
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