News

Business Growth Fund to back high growth small businesses

- November 28, 2019 2 MIN READ

Treasurer Josh Frydenberg has announced the government and major banks will be backing local business owners, with the establishment of an Australian Business Growth Fund. The government, ANZ, CBA, NAB and Westpac will each commit $100 million to the fund, while HSBC will contribute $20 million. The Australian Small Business and Family Enterprise Ombudsman (ASBFEO)… Read more »

News

The news you need to know: October 24 2019

- October 23, 2019 2 MIN READ

Check-in on the news that matters to small business owners as we unpack today’s headlines. Here’s what you need to know on Thursday, October 24 2019. Westpac remediation and misconduct costs to hit $2billion Finance analysts are tipping Westpac’s remediation costs following the fallout of the Royal Commission are set to hit $2 billion as… Read more »

News

9 things to help prevent your business being scammed

- August 13, 2019 3 MIN READ

More than half (53%) of small business owners are worried about being scammed  Yet only a third train staff in scam awareness and prevention  Australian SMBs lose an average of nearly $40,000 per scam Scams on small businesses are costing owners more than $20,000 a scam according to new research from Westpac. The Westpac State… Read more »

News

Small business confidence on the rise post-election

- June 5, 2019 2 MIN READ

Research from Westpac has revealed small business owners are feeling more confident following the uncertainty of the Federal election, with one in five business owners believing the Morrison government will have a positive impact on business. Small business confidence has risen dramatically with 55 per cent of SMB owners saying they are optimistic and 44… Read more »