This week: the RBA lifts the cash rate 25 bps to about 4.85%, raising costs for households and SMEs. David Jones enters voluntary administration, with flow‑on risks for landlords and suppliers. A federal inquiry reviews a proposed 30% minimum tax on discretionary trusts, with COSBOA pushing for a small‑business carve‑out ahead of recommendations due 13 November. ASIC warns super funds to improve how they learn from complaints, urging better service and governance. Practical notes: stress‑test repayments, review trade terms and exposure, understand trust structures, and know your funds complaints pathway.
Types of Business Finance in Australia and How They Work
A practical guide to the main types of business finance available in Australia, including term loans, lines of credit, overdrafts, invoice finance, equipment finance, and secured or unsecured lending. - read more
How to Improve Your Chances of Getting a Business Loan Approved
Welcome, Australian entrepreneurs and business owners! Whether you're just setting down the foundation of a startup or steering a well-established enterprise, access to capital remains a critical ingredient for business growth and survival. In the bustling economy of Australia, a well-structured business loan can be the catalyst that propels your business forward, aiding in expansion, the acquisition of new equipment, or simply ensuring smooth operational cash flow during lean periods. - read more
How to Choose the Right Personal Loan in Australia
Personal loans can be used for a range of personal expenses, from debt consolidation and renovations to larger purchases or travel. Before applying, it is important to understand how different loan types, rates, fees and repayment terms affect the total cost and whether the repayments fit your budget. - read more
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