A new study has found the number of workplace meetings is rapidly on the rise, taking up increasing amounts of time, reducing productivity and largely seen by employees to provide valueless outcomes.
In 2013 the overall number of job advertisements declined by 9 per cent, suggesting that employers are hesitating to take on new staff.
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.
Businesses are no more satisfied with the major banks now than they were in October, despite two interest rate cuts in November and December.
New financial research has shown Australians are more satisfied with Sydney-based banks than Melbourne-based ones.
The major banks are becoming increasingly different in their approaches to the business banking market, according to recent customer satisfaction results.
Business customers have showed the highest level of dissatisfaction with their banks since the end of last year, with NAB and ANZ customers reporting they’re least happy with their banks.
With insolvencies continuing to rise, SME owners and directors need to ask themselves if they’re being proactive in managing their banking relationship, both in good times and in bad.
The Government announced reforms designed to make it easier for people to switch banks overnight, with a Treasury-led working party to ensure the changes are enacted by July 1 2012.
Demand for business banking products has dropped significantly over the past four months, with commercial banks including the Big Four local providers as well as regional and international banks all reporting a downturn in demand.
