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Media releases

RBA small business finance report backs Ombudsman’s recommendations

Friday, September 21, 2018

Small business owners and start-ups are still finding it difficult to access finance to start or grow their businesses, according to the Reserve Bank of Australia’s (RBA) latest bulletin,

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Celebrating Australia’s family businesses

Wednesday, September 19, 2018

“With more than 1.4 million family businesses operating in Australia, today is a timely reminder to recognise and ce

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Ombudsman welcomes extension to crowdfunding eligibility

Monday, September 17, 2018

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell today welcomed the passing of legislation to extend crowdfunding eligibility.

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Guide to borrowing from fintech lenders released

Wednesday, September 12, 2018

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) and theBankDoctor.org today released a guide to help small to medium enterprise (SME) owners better understand the ‘ins and outs’ of borrowing from fintech lenders.

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Ombudsman welcomes instant asset write-off extension

Wednesday, September 12, 2018

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell welcomed today the passing of legislation to extend the $20,000 instant asset write-off for a further 12 months.

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Fully independent review of Supplier Payment Code

Friday, September 7, 2018

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, is one of four independent panellists for the review of the Business Council of Australia’s (BCA) Supplier Payment Code.

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Ombudsman urges all lenders to small businesses to remove unfair terms from loan contracts

Friday, September 7, 2018

The Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell is pleased Prospa’s standard form small business loan contract will be changed to comply with the unfair contract terms (UCT) legislation, but is disappointed it has taken a

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Automotive industry needs enforceable code of conduct

Wednesday, September 5, 2018

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, announced today support for an industry-specific legislated code of conduct for automotive dealerships that will be enforced by the Australian Competition Consumer Commis

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