“Holding back the economy”: What’s causing the SME credit drought? Funding Matthew Elmas 9 October 2019 An array of sources report that access to finance is worsening for Australian SMEs, prompting broader fears for the health of the economy.
‘Blurred lines’: Businesses turn to consumer credit as access to finance worsens Finance Matthew Elmas 9 August 2019 Credit conditions for small businesses have worsened further over the last 12 months as housing prices fall, increasing risks for entrepreneurs.
A misguided $2 billion: What good is small-business capital if founders don’t know how to use it? Funding The Conversation 10 December 2018 Over 70% of small businesses have no written plan of any kind, so what use is a $2 billion government-funded securitisation fund?
“Game-changing” government plan pledges $2 billion for capital-starved SMEs Finance Matthew Elmas 14 November 2018 The government has committed $2 billion to making it easier for SMEs to access finance while supporting the creation of a new commercial growth fund.
“Market failure”: Government considers policy to improve small business funding Funding Matthew Elmas 25 October 2018 "Cabinet-level" discussions are taking place about a solution to improve small business funding as momentum builds for commercial solutions.
Warning SMEs won’t be able to sell their businesses unless access to finance improves Finance Emma Koehn 4 April 2018 Mum-and-dad operators may struggle to sell their businesses in the future unless Australia tackles access to finance for SMEs, says the small business ombudsman.