The NSW Faster Payments Policy has expanded its reach with larger companies with NSW government contracts now obliged to pay their small business suppliers in 20 business days. The pilot program which runs until June follows on from the government’s 2018 commitment to pay small businesses directly contracted by the government in five business days.… Read more »
Too many small businesses are being forced to close their doors because they can’t get public liability insurance, according to Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell. Carnell has called on the Federal Government to implement the recommendations in her Insurance Inquiry, before more businesses are forced to shut down from a… Read more »
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell is urging the Federal Government to establish a revenue-contingent loan scheme for small businesses, to provide them with the cash flow they need to survive the next 12 months. With government support measures being withdrawn, banks continuing to subject small business borrowers to onerous… Read more »
Australian small businesses have shown their tenacity in the face of extremely challenging conditions, according to the Australian Small Business and Family Enterprise Ombudsman Kate Carnell’s new Small Business Counts report. The report, released by Carnell today, provides a statistical overview of small business performance in Australia, using the latest available data from the Australian… Read more »
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell has found the insurance industry is gouging small business owners on essential business products. The ombudsman has handed down her Insurance Inquiry final report and has gone so far as to suggest the insurance industry is ruining the small business sector. Carnell says there is… Read more »
As small business continues on its pathway to recovery post COVID, there are a number of changes they should be aware of that can benefit them as business owners, writes Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell. Small businesses are relieved to be busy again, with restrictions continuing to ease – particularly… Read more »
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is encouraging Australians to support indigenous businesses, as the nation celebrates NAIDOC Week 2020. “The indigenous business sector is one of the fastest-growing in Australia,” Carnell says.“Supply Nation data shows the number of indigenous businesses is growing by 12.5 per cent each year. Indigenous business… Read more »
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says too many small businesses are getting a raw deal from their phone and internet service providers, following a spike in the number of small business customer complaints in Q1. Fresh data from the Telecommunications Industry Ombudsman’s (TIO) office reveals a 28% hike in small… Read more »
Prime Minister Scott Morrison has described the upcoming Federal Budget as “the most significant since the second world war”, writes Australian Small Business and Family Enterprise Ombudsman, Kate Carnell. The COVID crisis has plunged Australia into the worst trading conditions we have seen in living memory, Small businesses are among the biggest casualties, but they… Read more »
The Australian Small Business and Family Enterprise Ombudsman Kate Carnell has welcomed legislation passed in the Senate to implement the Payment Times Reporting Scheme, requiring big businesses to be transparent about their payment times. Prior to the coronavirus crisis, late payment times were already crippling small businesses. Independent research by East & Partners on behalf… Read more »
As Victoria endures the second wave of COVID-19, it’s downright devastating for the small businesses at the coalface of this crisis writes Australian Small Business and Family Enterprise Ombudsman Kate Carnell. To have been through the first round of restrictions, only to have to close or significantly reduce your operations again a couple of months… Read more »
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has been inundated with complaints from business owners on the ill-treatment they have received from major insurance companies. Carnell says her office has received an avalanche of complaints from business owners since launching her Insurance Inquiry last week into the practices of insurance companies. “My… Read more »
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