When he ended 2019 amid literal and political smoke, it would have seemed inconceivable Scott Morrison could finish 2020 on a high. Or that he’d have reached there on the back of Australia’s worst downturn since the Depression. Morrison learned from his mistakes of last summer, about how he needed to adapt his own style,… Read more »
New data from digital credit agency CreditorWatch suggests that small business insolvencies are likely to increase in 2020 with defaults on the rise. While 14 per cent fewer small businesses became insolvent in 2019 compared to 2018, there was a 30 per cent increase in payment defaults year-on-year, which Creditor Watch CEO Patrick Coghlan suggests… Read more »
Australian small businesses could receive up to $25,000 each for increasing business efficiencies and sharing innovative ideas on how to boost business growth.
Despite a range of election initiatives promised to help businesses get ahead, business owners still don’t feel confident that the economy has turned the corner.