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Optimism returns to SME sector, but many still cautious
Optimism is returning to the SME sector after the worst of the COVID-19 pandemic, according to a survey carried out by non bank lender ScotPac.
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JobKeeper ends: Where to next for small business finance?
JobKeeper and other government support such as the NSW commercial lease package have officially ended. For many small businesses, a big question now is how they'll be able to manage dips in cashflow as a result of withdrawn financial relief.
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Two-thirds of Australian businesses will restructure to recover from COVID
Two-thirds of small businesses plan to make changes to the structure of their business in a bid to recovery from the coronavirus pandemic or take advantage of new opportunities.
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SME funding gap jumps 5%: Judo
The funding gap for SMEs with a turnover of between $1 million and $20 million has widened by $4.6 billion to $94.3 billion since 2019, according to a report.
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The banks are facing a loan default tsunami
Mon, September 28, 2020 Australia CBA ,Reserve Bank of Australia ,Debt ,Financial Results ,Interest Rates ,LendingMartin Smith at East and Partners says CBA has been on the front foot when it comes to the changes in responsible lending rules. But Smith says the RBA has nowhere left to move and may have to walk back its negative rates discourse.
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SMEs have options once JobKeeper lifeline is cut
You can’t blame business owners for being confused about how to manage their finance needs in the new world created by the COVID-19 pandemic, writes Peter Langham, CEO of Scottish Pacific.
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SMEs most likely to turn to brokers for buying assets
While SMEs look to brokers for help with their finances, research shows that this is particularly the case with buying or selling asset, plant and equipment.
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