Australia

ACCA (the Association of Chartered Certified Accountants) has begun a research project to ascertain companies’ readiness for the transition to international financial reporting standards (IFRS) by 2005.

Trade Minister Mark Vaile yesterday (27 August) announced the appointment of Mr Angus Armour as Managing Director of the Export Finance and Insurance Corporation (EFIC), the Australian Government’s official Export Credit Agency.

Further to the recent Export Finance and Insurance Corporation (EFIC) statement regarding the sale of EFIC's short-term export credit insurance business to GERLING NCM (EFIC Press Release: 14 Augu

There are the first signs of a possible revival ahead in the small business sector.

While many business owners regard global trade and export opportunities with excitement and enthusiasm, others are content to concentrate on regional and domestic markets.

At a time when the GST continues to create a cash-flow crisis for small business, lending experts warn that debt mismanagement is aggravating the problem.

German credit insurer Gerling NCM will acquire the Australian government’s Export Finance & Insurance Corp’s short-term export credit insurance business next month, said Trade Minister Mark Vaile.

At the last Institute for Factors and Discounters of Australia and New Zealand (IFD) meeting, members discussed the possibility of establishing education courses tailored to factoring and discounting in Australia.

On 28 July 2003 the Department of Foreign Affairs and Trade (DFAT) notified the Institute For Factors And Discounters Of Australia And New Zealand (IFD) that additions have been made to the consolidated list of persons and entities under counter t

A warning shot has been fired across the bows of Telstra for failing to co-operate with the industry watchdog over debt collection.