Business

Treasurer hauls major banks to the table on JobKeeper bridging finance

Businesses will be given a leg up by Australia’s major banks through sped-up loans to cover upfront staff wages before...

23 April 2020 • By Jotham Lian

more from tag

Business

Banks to defer small-business loan repayments for 6 months

Small businesses will be allowed to defer loan repayments for six months under new emergency measures announced by the...

20 March 2020 • By Jotham Lian

Business

Reserve Bank makes emergency move

Amid a slide towards a global recession, the Reserve Bank of Australia (RBA) has held an out-of-cycle emergency...

19 March 2020 • By Grace Ormsby

Business

AAT affirms grounding of former tax agent amid bankruptcy probe

A former tax agent, with debts of over $36 million, has had his appeal to overturn an order preventing him from...

12 February 2020 • By Jotham Lian

Business

Major bank eyes small businesses with new initiatives

A major bank has introduced new initiatives as it looks to better support small business customers and provide quicker...

30 January 2020 • By Jotham Lian

Technology

Receipt Bank completes $73m funding round

Digital bookkeeping platform Receipt Bank is set to boost its presence in Australia following a successful series C...

06 January 2020 • By Jotham Lian

Technology

Xero integrates with major bank

Xero has teamed up with a major bank to announce the launch of a new digital payment integration.

11 December 2019 • By Jotham Lian

Business

EY flags 10 banking risks to look out for

With 2019 nearing a close, the big four accounting firm has shared 10 major banking risks that it believes will need...

11 December 2019 • By Jotham Lian

Business

Major banks tip $400m into Business Growth Fund

The federal government’s planned Business Growth Fund has received a boost, with the big four banks each committing...

27 November 2019 • By Jotham Lian

Business

Are small businesses using the ATO as a bank?

Recent figures show that over 800,000 small businesses are currently on payment plans with the ATO to help them to pay...

08 November 2019 • By Tasha Levy

Tax

Accountants warned on rising bankruptcies linked to Division 7A

A spike in bankruptcies as a direct result of director loans has led to concerns that clients may not fully understand...

08 November 2019 • By Jotham Lian

Business

CountPlus finalises acquisition of major bank-owned advice group

A major bank has finalised the sale of its financial advice group to an ASX-listed accounting network.

02 October 2019 • By Grace Ormsby

Technology

Major bank targets accountants with payment solution partnership

A major bank has teamed up with a debt management fintech to help its accounting clients cut their average debtor days...

23 September 2019 • By Jotham Lian

Business

Banks approving 94% of business loans, says ABA

The majority of businesses are shying away from seeking finance despite the Australian Banking Association claiming...

03 September 2019 • By Jotham Lian

Appointments

Former KPMG partner joins major bank

A former big four partner has crossed over to a major bank as she looks to lead its culture change program as its...

31 July 2019 • By Jotham Lian

Business

Major bank finds 90% of accounting firms are aiming for launches

Over nine out of 10 accounting firms plan to establish a new service line over the next year as business optimism...

18 June 2019 • By Katarina Taurian

Business

Accounting network buys major bank-owned advice group

A major bank has offloaded its financial advice group to an accounting network as it seeks to exit a business...

13 June 2019 • By Jotham Lian

Technology

Major bank announces partnership to enhance tax reporting capability

A major bank has teamed up with a fintech company to introduce a new tax reporting platform that will give advisers...

11 June 2019 • By Jotham Lian