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The rising cost of goods is adding to inflation, making increases in interest rates more likely. In response, the RBA cash rate is rising to control inflation; what does this mean for your loan?
The Queensland State Government has provided further clarity in relation to the grant available for small business and businesses operating in the tourism and hospitality sector, affected by the latest lockdown.
This morning, the Queensland State Government has announced a new $5,000 grant for small businesses and tourism and hospitality businesses affected by the latest lockdown.
Several banks are now taking further steps to make the process of buying commercial investment properties even simpler. Some financiers have new streamlined processes in place to access debt to purchase or refinance these properties. Where a property is leased and the income from the lease is...
Major banks are now offering new types of loans to purchase owner-occupied commercial property, just like a home loan.
BDO Executive Director, Darren Stacey, outlined the economic impacts affecting businesses and industries and the rise of non-bank lenders. Darren explored key areas including: trends in restructuring strategies, enforcement and the impact on banks for low tolerance for enforcement, and how to...
If you want to lock in valuable support from your organisation’s banks following the impacts of COVID-19, now is your once in a generation opportunity to do it.
Consumer credit reforms announced by Australian Federal Treasurer, Josh Frydenberg, on 25 September 2020 have received extensive media attention recently. The proposed measures, which will come into effect in March 2021, subject to the passing of legislation, encourage consumers to spend and...
Australian organisations who have received support from their bank during the COVID-19 pandemic now have limited time to finalise new long-term arrangements.