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Bank of us pumps up its loan book as coronavirus bites
The AdvocateA Tasmanian bank defied the coronavirus crash to achieve strong growth, while home loan hardship deferrals decreased rapidly in an apparent sign of economic improvement.
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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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The RFP enigma: How treasurers are cracking the bank ciphers
An RFP is time consuming, onerous and, ultimately, can deliver precious little in terms of results. New research from East & Partners Asia lifts the veil on the opaque world of the RFP
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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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Debtor finance: A critical solution
While this expression is thrown around all too often, for small businesses staring into the challenges of 2020, it is a very real truth they are having to face.
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Protecting Your Business From Foreign Exchange Fluctuations In A Volatile Market
Wed, May 20, 2020 Australia  Foreign ExchangeIf there’s one thing that the current COVID-19 pandemic has reminded us of is the fact that unforeseeable events can happen at any time, and with potentially devastating repercussions for any business that relies on transacting in foreign currency.
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Getting paid has turned into a massive $776 billion problem for small business that’s getting worse
The time taken to pay small businesses has blown out in the wake of the coronavirus crisis, leading to the SME sector to call for federal legislation to ensure they can manage their cash flow effectively.