Banking

The Reserve Bank of Australia (RBA) has left the record-low cash rate unchanged at 2.73 per cent following its monthly meeting today – what does it mean for you and your business?

Today marks the very first day of the new financial year, and a mid-year opportunity to start afresh – here’s 5 easy things to keep in mind.

With insolvency rates at a record high, how SMEs manage their cash flow will have a major impact on their business survival. Here are 4 tips on improving your cash flow.

Real Estate property investment through SMSF loans is no doubt the most tax-savvy and smartest way to improve the total return on investment of a superfund.

While credit card use has slowed down, many Aussie credit card holders are holding onto their debt. RateCity predicts it could take over 24 years to pay off current debts.

ANZ Bank recently announced their plan to lend $1 billion to new businesses to demonstrate their commitment to Australia’s small business sector.

Recent study by St. George Bank found that 45.3 percent of Australians are managing to save money, with 12.4 percent saving a considerable amount.

35 percent of Australians have experienced stressed about their mortgage repayments in the last 12 months, due to pay cuts and rising utility bills.

RaboDirect has introduced a new online savings product, which gives SMBs the flexibility to reach savings goals.

Well, 2012 is done and dusted. We survived the fiscal cliff, the end of the world, and currency volatility continued to be the norm. During the Christmas and New Year period alone, currency markets rode a roller coaster up and down a 200 point range.

No one is immune to the risks of accumulating credit card debt. Here are some tips for paying off your cards as soon as possible.

The RBA has announced an interest rate cut of 25 basis points, down to 3.0 percent, prior to Christmas.

We asked a handful of banking experts for their top tips on fostering an effective two-way relationship with your business bank.

One of the biggest decisions any small business owner faces is choosing which institution will handle their business banking requirements. If you’re struggling to make this decision, consider these 8 important aspects.

Small businesses are doing it tough. The difficulty is many are time poor, and when there aren’t enough hours in the day, focusing on sales and clients seems more important than “back office” finance and accounting functions. This can be a mistake however, as the savings made through savvy financial management can often offset falling revenues.

All the big banks say they’re the best for small business, but they also all want a piece of this large part of the market. To cut through the confusion, here’s an in-depth look at what each bank claims to have to offer SMBs.

The Reserve Bank has again left the official cash rate on hold at 3.5 percent, citing on trend inflation and growth as well as a rise in the number of businesses applying for credit.

Running your own business is enormously rewarding but it’s also hard work. Not only do you have to be your own accounts department, you’re also the sales team, human resources manager and paymaster. The good news is that expert financial advice is closer than you think, and it comes in the form of your local business banker.

Seeking finance can be a daunting task, even for the most confident business owner. With careful planning and a clear view of what the banks are looking for, however, the burden of obtaining finance can be greatly reduced.