Almost one in four big businesses take more than 120 days to pay their small business suppliers, according to new analysis using data from the Payment Times Reporting Regulator. The information reported by big business also reveals those operating in the manufacturing, retail trade and
State Library Victoria’s startup support service StartSpace has today opened applications for the Lisa Ring and Family Scholarships program which will be awarded to two early-stage new business founders from Victoria. Generously funded by philanthropist Lisa Ring and her family and now in its second
At the Jobs Victoria Conference, Minister for Employment Jaala Pulford today announced the Labor Government will create 995 jobs with a more than $19 million inclusive employment package – helping businesses find staff and supporting Victorians into secure work. Jobs Victoria and their partners will
Business turnover rose in 12 of the 13 selected industries in August 2022, according to monthly figures released today by the Australian Bureau of Statistics (ABS). Kate Lamb, ABS head of Business Indicators said: “The Transport, postal and warehousing industry saw the largest percentage rise
Support is available for small businesses impacted by recent flooding, including disaster recovery assistance in certain LGAs. Relevant assistance under the DRFA includes: Small business and primary producer concessional loans of up to $130,000 Concessional interest rate loans for not-for-profits Freight subsidies of up to
New research1 from IWG, the world’s largest flexible workspace operator, the study, conducted among 250 CFOs found that businesses implementing hybrid working can save big. Companies have long used office space inefficiently, but the proliferation of hybrid and remote work has them re-evaluating these expenses.
New data reveals that an overwhelming majority of CFOs are cost-cutting amid rising inflation and recession concerns. Senior financial executives are expecting the economy to enter into recession in the next 12 months and have begun cutting costs in preparation, according to new research1 from
Undertaking a capital raise is complex and often daunting. It requires time and planning. If you’re considering launching a capital raise, particularly if it’s your first, read on for tips from our experts on what to expect and practical steps that could improve the outcome.
Daniel Riley, leading finance expert and CEO of one of the country’s top business finance providers, Earlypay, is encouraging businesses to review their debtor payment systems and put in place measures to speed up the payment of outstanding invoices. What businesses can do to speed
Draft legislation released today will introduce two tax incentives that support small businesses to train and upskill employees, and improve their digital and tech capacity. The legislation released for public consultation will introduce the productivity measures that were included in the March 2022 Budget but have not
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