Ombudsman updates business funding guide to help SMEs recover from COVID-19 Coronavirus Eloise Keating 27 November 2020 The Australian Small Business and Family Enterprise Ombudsman has released an updated version of its business funding guide.
Big four banks pass on the RBA’s rate cut, slicing interest on business and home loans Economy Lois Maskiell 6 November 2020 All of the big four have passed the RBA’s rate cut on to borrowers, effectively lowering interest rates on some business loans and fixed-term mortgages.
“I don’t even own a house”: Frustrated SMEs say Morrison’s unsecured loan program has failed. Has it? Coronavirus Matthew Elmas 28 September 2020 Earlier this year, the government unveiled a $40 million unsecured loan program for SMEs, but after seven months, it's only hit 5% capacity.
