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SME loan applications stall as cautious businesses manage arrears
Loan applications have flattened as small businesses focus on managing arrears.
Thousands of businesses with ATO debt collapsed in the past year
33.6 per cent of businesses with ATO tax debt have either shut down or become insolvent as they were unable to settle th...
ASBFEO releases debt guide as payment disputes rise
Amid a rise in payment disputes, the ASBFEO has released a guide to help small businesses pay and collect debt.
Six tax tips for your small business this EOFY
Good record-keeping is your best friend for efficient business management and will also make life easier if the ATO asks...
Court wind-ups on the rise as ATO and banks go hard on debt
The ATO and the banks, in particular, are using all the tools in their arsenals to recover monies owed – including long-...
Overdue invoices and debt indicate deteriorating business conditions through 2023
Businesses in the food services and construction industries are showing the highest failure risk, closely followed by th...
Top EOFY tax tips for SMEs
As a consequence of the pandemic, the government expanded its instant asset write-off scheme for small businesses to enc...
Small-business owners cautioned over committing to personal guarantees
The use of personal borrowings and mortgage guarantees for business borrowings increases household and individual financ...
Small-business growth – three indicators you are ready for the next step
It is important to equip the next generation of small-business thinkers, doers and entrepreneurs with the right tools to...
Good debt vs bad debt: an entrepreneur’s must knows
When considering taking on debt It is important to weigh what it will cost in monetary terms versus the outcome for the ...