Australian government to pay interest to small businesses for late payments
Commonwealth government agencies will start making interest payments to small businesses...
Australia
Holiday season brings insolvency risk for Australian SMEs
While most employees are looking forward to the holidays, it’s likely many...
ANZ joins government's US$500m SME bank
The planned fund will provide long-term equity capital to 30-50 firms a year...
Late payment of invoices is a major problem
According to Greg Charlwood, Managing Director, Australian Invoice Finance, late payment of invoices is...
Ombudsman to scrutinise supply chain finance
The small business ombudsman has announced a new review that will dig into the impact of supply chain finance...
CIMIC says 2019 cash flows not reliant on 'factoring'
CIMIC has claimed it is now generating solid income without relying on so-called...
Late payments still a problem for Australian SMEs
For many SMEs, late payments and bad debts can cause serious problems...
Australian ACCC to investigate 'unfair payment practices' for SMEs
The use of reverse factoring by large companies to pressure suppliers to invoice them...
Australian accounting standards setter raises questions on reverse factoring
Australia's accounting standards setter will raise questions about reverse factoring...
Business loan rejection causing cash flow problems for Australian SMEs
More than one in five SMEs are having cash flow problems due to business loans being rejected...