Accounting software firm MYOB is muscling into the small business loans space through a partnership with Valiant Finance in a bid to take on its major rival.
ANZ Bank says government stimulus policies have helped drive a surge in lending to small firms buying assets such as cars,tractors,and machinery.
Accounting giant MYOB is pushing into invoice financing,undeterred by the bad invoice-business headlines from the collapse of global financing firm Greensill Capital.
ASX-listed cloud accounting giant Xero is setting its sights beyond small business bookkeepers as it forks out $285 million for workforce management platform Planday.
Greensill Capital is struggling for survival after its financial engineering started to fall apart.
A cocktail bar in Sydney’s CBD has become one of the first businesses locked out of its premises by a landlord after changes to the NSW government’s COVID-19 moratorium on evictions last month.
The NSW government last year spent $92 million on goods,services and construction supplied by Aboriginal businesses,a 44 per cent increase on the previous year.
Australian entrepreneur Domm Holland’s first attempt at building a startup ended in failure. His second,Fast,is going a lot better.
The Small Business Ombudsman says a proposal to offer HECS-style loans to struggling small businesses after JobKeeper ends will be presented to the government.
The Australian technology sector scooped up $6.9 billion in funding for the 2020 financial year despite COVID-19 jitters hitting the market.
Goldman Sachs backed small business lender Capify has opened its books to lending again after raising $14 million from a group of high net worth individuals.