SME

Prospa hires new GM to manage NZ business

by Ezekiel MacNevin • 12 Mar 2019

The SME lender has announced that it has hired its first general manager to head up operations in New Zealand. READ MORE

Industry at loggerheads over SME definition

by Reporter • 1 Mar 2019

Small business ombudsman Kate Carnell has called for proposed changes to the definition of SME to be enshrined in the... READ MORE

ABA contests royal commission’s SME reform

by Charbel Kadib • 28 Feb 2019

The banking association is hesitant to support Commissioner Kenneth Hayne’s recommendation to change the definition... READ MORE

RC exacerbating SME funding woes

by Reporter • 22 Feb 2019

Access to credit for small businesses is expected to be hindered further off the back of the banking royal commission,... READ MORE

Government to legislate commitments to SMEs

by Reporter • 15 Feb 2019

The Coalition government has formally introduced two pieces of legislation in parliament designed to enhance the... READ MORE

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Brokers to play key role in post-RC climate

by Reporter • 4 Feb 2019

SMEs will be increasingly looking to brokers to source alternative finance, with banks expected to have “more hurdles... READ MORE

$83bn SME funding gap exposed

by Charbel Kadib • 1 Feb 2019

New research has shed light on credit constraints in the SME space, compounded by a lack of trust in banking... READ MORE

Government opens consultation on $2bn SME fund

by Reporter • 7 Jan 2019

The federal government has announced that a bill designed to establish a $2 billion SME securitisation fund is open for... READ MORE

Commercial space not exempt from stricter credit policies

by Reporter • 28 Dec 2018

Tighter lending standards in the mortgage industry, imposed off the back of regulatory scrutiny, have been just as... READ MORE

Major banks ‘feeding’ off small businesses, says Ombudsman

by Annie Kane • 14 Dec 2018

The Australian Small Business and Family Enterprise Ombudsman has said she is concerned that major banks have been too... READ MORE