Wise, formerly known as TransferWise, allows businesses and individuals to hold and trade using multi-accounts. Using Wise makes international purchases and purchases straightforward and transparent. Why Wise Wise can be used to send one-off international transfers of any size. For longer-term solutions, Wise supports multi-currency accounts. Using the service, businesses and individuals can manage their […]
PayPal is a much loved online payment system for individuals wanting to buy goods online, however, PayPal’s commerce platform is especially designed to meet the needs of businesses trading online. Being one of the first financial service technologies, PayPal is time tested. On its website, PayPal describes its service as providing, “An easy and quick […]
When we think of procurement, those with a history working in the corporate world probably picture complex and time consuming one-size-fits-all sourcing practices designed to protect the interests of large businesses. All too often, they fall short of delivering the best possible outcome for business, particularly regarding higher-volume, lower-value related services. Of course, there is […]
Over the past year, various public health measures to curb the spread of COVID-19 have forced people into isolation, pried them away from friends, family and other support networks and propagated a sense of uncertainty and anxiety about what lies ahead in the future. It’s not surprising then that the world we live in today […]
ACA’s monthly SME COVID tracker report shows that SMEs across the country are feeling the full force of COVID-19 lockdowns. The report showed that in July, more than 50 per cent of businesses recorded a decline in revenue as a direct result of COVID-19. SME sentiment has shifted With half of the Australian population in […]
Throughout the pandemic, government initiatives have helped small businesses to take their trading online. One such initiative is the recently renewed Victorian Government Small Business Digital Adaptation Program. The program aims to help retail businesses withstand the challenges of the pandemic and make the most of the eCommerce opportunity by transitioning to an online or […]
The economy is hard to measure. Today, the Australian Bureau of Statistics (ABS) released GDP data showing that Australia’s economy has been spared from a “technical” recession this quarter, with economic growth over the last four months sitting at 0.7%. However, this definition of a recession is flawed in its reliance upon a single data […]
India is one of the world’s fastest-growing economies and has become a lucrative market for Australian exporters. Acusensus, Swisse and Mineral Technologies are three Australian-based businesses that have found success working with Austrade through its Australian Indian Business Exchange (AIBX). Acusensus Acusensus is an Australian road safety company delivering AI solutions to mitigate unlawful and […]
This week, food and agribusiness banking specialist, RaboBank, has partnered with Coles to help deliver sustainably linked loans (SLL). Coles Group announced on Wednesday its commitment to providing 1.3 billion dollars worth of loans to grow sustainable business. Sustainably linked loans The 1.3 billion worth of loans is part of a larger move by the […]
Data from July released by Xero shows lockdowns are hurting small businesses sales, employment and cash flows.
