With 2019 drawing to a close, we hope you’re shifting into holiday mode and getting ready to relax and unwind (or, at least, looking forward to a few public holidays!). Hasn’t the year just flown by? It only seems like only yesterday that the RBA cut the official cash rate for the first time in […]
Season’s Greetings! Here’s to a prosperous 2020! Read More »
More than one-in-five SMEs are having cash flow problems due to business loans being rejected, according to new research. The report, by market analysis firm East & Partners on behalf of Scottish Pacific, also shows just one in 10 SMEs believe they are on top of their cash flow. One of the main culprits? More than
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The ‘pendulum may have swung a bit too far’ when it comes to the tight lending standards currently imposed on small businesses, says the Reserve Bank of Australia (RBA). Since the RBA cut the official cash rate to a new record low of 0.75% on Tuesday, most of the attention has been on whether the
SMEs need more support from lenders to grow: RBA Read More »
Three-in-five prospective first home buyers intend to buy soon with a smaller deposit, rather than wait until they have saved a 20% deposit. So how do they plan on doing so? It usually takes between seven to 14 years for first home buyers to save a 20% first home deposit, according to a new
Four ways to dive into the property market with a smaller deposit Read More »
SMEs are set to have better access to finance, with the Australian government making two key moves this month to free-up lending to small business operators. Firstly, Treasurer Josh Frydenberg says he will instruct the corporate watchdog ASIC to tell banks to waive responsible lending standards for small businesses. Mr Frydenberg says while small businesses
Govt moves to free-up lending for SMEs Read More »