The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed ASIC’s announcement that they have cancelled or suspended Australian credit licences for failing to be a member of the Australian Financial Complaints Authority (…
… or suspended Australian credit licences for failing to be a member of the Australian Financial Complaints Authority … matters themselves. In the period 1 January 2021 to 30 June 2021, 24 licences were cancelled. “AFCA provides … dispute resolution to small businesses, saving them time and money by significantly reducing the need for …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has urged the Federal Government and regulators to consider the reactivation of temporary insolvency protections, to support small and family businesses doing it tough in…
… protections for small and family businesses that may be trading insolvent due to lockdown trading restrictions. … June, and that trend is widely expected to continue with payment times stretching out. “Bringing back temporary … like this that give otherwise viable small businesses more time to recover or turnaround, preventing a wave of …
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The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the banks’ ongoing efforts to support small businesses impacted by COVID-19 lockdowns.
The Australian Banking Association says banks will defer loan…
… valued and is the kind of a key support element that could be incorporated into an agreed predictable and known national … in good standing with repayments up-to-date or there’s a payment program in place. “It’s encouraging to see our banks … in good standing with repayments up-to-date or there’s a payment program in place. “It’s encouraging to see our banks …
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