Small business owners experiencing financial difficulties are often leaving it too late to seek help from a trusted adviser before going bust.
That’s one of the key factors contributing to small business insolvencies being explored by the Australian Small Business … Read more
Borrowers struggling to stay afloat will be offered greater protection from debt collection agencies under new guidelines being applied by Australian banks.
As recently reported by the ABC, debt collectors can legally sue to recover debts as little as … Read more
Predatory payday lenders are profiting from vulnerable Australians and trapping them in spiralling debt, according to a collaborative report by 20 consumer advocacy bodies.
The report, The Debt Trap: How payday lending is costing Australians, projects that by the … Read more
You know that infuriating habit the big banks have of failing to pass on the RBA’s cash rate cuts in full? Well, it’s finally triggered the federal government to order an inquiry into home loan pricing.
The inquiry, which is … Read more
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 … 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 … 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 … Read more
Marge, Marge, the rains are ‘ere! Home prices have recorded their first rise since October 2017, with national dwelling values increasing 0.8% over August, according to the latest CoreLogic report.
Housing values across capital cities rose by 1%, with … Read more
Ever been tempted to tell the boss you’re leaving to start your own business? You’re not alone. In fact, more than nine million Aussies dream about becoming their own boss.
However, the biggest hurdle for 60% of those people (5.4 … Read more
How much do you think the average Aussie spends on gifts each month? $20, $50 or 100? (hint: we’re a generous bunch). Today we’ll look at why it’s important to budget for these expenses correctly, rather than succumbing to ‘buy … Read more