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How to transform your accounts payable function into a strategic powerhouse
Extended payment terms allow AP teams to strike a balance between meeting financial obligations and maintaining liquidit...
Ageing profile of business owners and rising insolvencies raise concerns about SME sector
Figures state that small businesses owe 67 per cent of Australia’s total collectable tax debt of $50 billion.
SMEs anticipating a decrease in turnover by 2025
Despite the challenges, short-term business confidence continues to improve with 37 per cent of SMEs optimistic about th...
Late payments continue to be a pain point for SMEs
Millennials are more than twice as likely as Baby Boomers to agree that they'd feel uncomfortable asking customers for p...
Small business with big dreams? Here’s how to plan your finances effectively
Financial management is about understanding your numbers, making informed decisions, and having the right support system...
Land tax, interest rate pressures on landlords contributing to insolvency ‘domino’ among SMEs
Business-related personal insolvencies made up the bulk of insolvencies in 2023 and insolvencies in March peaked at more...
Invoice financing among SMEs on the rise as cashflow challenges bite
The latest Creditor Watch report found that cash reserves in Australian businesses are being depleted with a steep incre...
SME profits decline in the face of rising inflation and interest rate concerns
There is a noted increase in SMEs' concerns regarding inflation and interest rates, amidst apprehension that rate relief...
Worsening economic conditions impacting female small-business owners particularly hard
The high cost of doing business has long been the major pain point for female small-business owners, alongside issues fi...
Taylor Swift’s concerts help boost February retail sales
The 600,000 Tayor Swift tour attendees boosted spending on clothing, merchandise, accessories and dining out.