“Thousands” of SMEs left in the lurch as Probuild collapses with $5 billion in outstanding projects
Probuild has gone into voluntary administration after a problem-laden high-rise project drove it into debt, placing up to $5 billion in commercial and public sector projects in jeopardy.
How to review and improve your pricing strategy in six small steps
The new year brings with it the perfect opportunity to review your pricing strategy and make sure your business remains profitable.
NSW small businesses can now claim road tolls under expanded rebate scheme
Small businesses in New South Wales can now claim back the money they spend on road tolls, as part of an expanded rebate offered by the state government.
Timelio CEO Charlotte Petris on how she got ahead of the COVID-19 invoice financing boom
When Charlotte Petris launched Timelio in 2015, fintech was barely a word. Now, she's at the forefront of the invoice financing boom.
Cheat sheet: Invoice finance discounting and factoring explained
This exclusive extract from Propell's soon-to-be released eBook — 101 Guide to small business finance — explores the options of invoice finance discounting and factoring for SMEs.
Slow payment times push 24% of small businesses to pay themselves late: Xero
The flow on effect of late invoice payments is pushing almost a quarter of small business owners to delay paying themselves.
Tradies face temporary cash flow crisis as industry shutdown in Victoria continues
Tradies and subcontractors in parts of Victoria are facing a temporary cashflow crisis as the two-week ban on construction work continues to wipe out activity in the industry.
Azupay raises $10 million for ‘instant BPAY’ tech putting merchants “back in control”
There’s another payments fintech on the scene, with startup Azupay securing $10 million for its tech helping businesses secure payments fast.
Cheat sheet: Working capital, and getting your ratio right
Working capital is vital for every business – if you don’t have enough, it can be a problem, but too much will stifle your growth.
Sydney businesses await extended lockdown support as confusion reigns
The NSW government is ‘considering’ additional support for small businesses in lockdown, but delays and uncertainty are causing frustration.
SME invoice financing startup Butn set to go public in $20 million ASX listing
Invoice financing fintech Butn is set to list on the ASX tomorrow in a $20 million float, giving it a market cap of $80 million on debut.
Big businesses with federal government contracts to pay suppliers in 20 days
Big businesses that win lucrative federal government contracts will soon be required to pay their own suppliers within 20 days, in the latest move by the government to address late payments to small businesses.