Tag: Finance

The ACCC believes an agreement between Suncorp-Metway and Bendigo and Adelaide Bank not to charge each others’ cardholders fees on each other’s ATM’s is good for competition.

Auditors have reported a 40 percent increase in suspected breaches of the Corporations Act to the Australian Securities & Investments Commission in the last financial year.

The other day I was asked why some small businesses fail and others succeed and it got me thinking about the defining characteristics of Australian small businesses.

Credit card holders have long been seduced by the lure of a free toaster, frequent flyer miles or cash back — and small businesses are no exception, with many using personal credit cards for regular business expenses.

As a nation of innovators, we are very good at coming up with great business ideas. Transforming those ideas into a successful business – and raising funds to get that business off the ground – is where the challenge lies.

More than half of Australian executives are being negatively impacted by late payments even though payment behaviours improved slightly during the June quarter.

The Reserve Bank of Australia looks set to rule out an increase in interest rates at its August board meeting after the ABS released it’s June quarter inflation (CPI) data today.

eChoice, the national online mortgage broker eChoice (eChoice.com.au) is predicting a flood of refinancing activity over the next 24 months, should the Australian Securities and Investment Commission’s (ASIC) review of mortgage fees help to deliver a healthier playing field for borrowers, searching for a better deal on their mortgage.

Debt collection agency Collection House haave announced a 21 percent higher net profit for the last financial year as calls for debt collection post-GFC soar.

Telstra have released a new white paper that concludes that micro-business needs are not being met by banks, particularly as business ownership shifts to Gen X and Y.