Media

Research by East & Partners commissioned by WorldFirst, a global digital payments and financial services platform for SMEs engaged in cross-border trade, has found that Australian small businesses are missing out on valuable Foreign Exchange (FX) opportunities and are more vulnerable to currency risk stemming from mounting interest rates and persistent inflation.

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Businesses are poised to lead the expansion of Australia’s electric vehicle market. We explore top tips and lesser-known financial incentives that can help balance impact and costs.

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New CBA data reveals record number of businesses financing new transport and equipment in the past financial year, with electric vehicles and technology upgrades helping businesses to drive growth.

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(31 May 2023 – Australia) US fintech, Taulia, and Melbourne-headquartered ANZ Bank, have announced a strategic partnership aimed at delivering improved working capital solutions to support the resilience and sustainability of global supply chains.

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Discounted asset financing to support the sustainability goals of businesses through investment in green vehicles, equipment and machinery.

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Rising wages and compliance costs top the list of growing cost pressures for Australian SMEs, with small and medium businesses in NSW the most heavily impacted.

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APAC corporates continue to deglobalise in order to strengthen their supply chains, while taking advantage of opportunities from the RCEP.

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Australian small and medium businesses are being urged to sit down with financial advisors and re-evaluate their options in 2023 as COVID-19 stimulus funding begins to dry up.

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