Understand how your business customers and suppliers will behave, even before they do. Unique risk insights on every Australian business - small or large.
"Promoting Small Business Owner Mental Health" https://t.co/27UHH9Ffty
An incredibly important Policy Brief from The Wellbeing and Prevention Coalition in Mental Health.
Amazing work by @beyondblueofficial @EverymindAU @COSBOA and all of the other coalition members.
Lies, Damn Lies and Insolvency Statistics.
Reported #Insolvency numbers are flawed - things aren’t that bad and should actually be worse! And anyway, insolvency numbers are the wrong measure to understand #business issues.
#SMEs#Accounting
https://t.co/5N04qQQTUh
Data scientist? Help us make a dent in a huge problem!
We're on a mission to make global B2B trade (worth ~$60T every year) more efficient. It's a big problem and we've made significant progress with our solution.
More details here - https://t.co/7kT4YpKNRW
Really proud to announce this partnership. Continuing on with our vision to create game-changing tools to help #SMBs build more resilient businesses.
https://t.co/9pO317NTNa
@Xero@EquifaxAU#Accounting#creditrisk#SMEs
NSW Treasurer has announced that "a business support package which will see small businesses with fewer than 20 full-time employees, and payrolls up to $1.2 million with turnover of $75,000 a year, receive support payments of up to $10,000." #covid19
https://t.co/MoOHBYQKkJ
The budget includes "a raft of extra stimulus for the state’s health, education, infrastructure, culture, tourism, health and social housing, which is set to push the state’s deficit from $7.9 billion to $8.6 billion." #nsw#economy
https://t.co/DZx3FIRhDu
"Borrowers seeking the relief this year will be required to complete a streamlined online application form where they will be asked to confirm the shortfall, that the COVID-19 situation has affected them and that they are unable to pay the MYR as a result"
https://t.co/a483sSKgx5
"The 85 per cent on-time lodgement requirement is a performance benchmark that tax agents are expected to meet, with access to the lodgement program revoked if practitioners repeatedly post poor lodgement results."
https://t.co/ICgvQwFt0F
ASIC will prioritize the ff: asset values, provisions, solvency, and going concern assessments.
Deadline for both listed and unlisted #businesses are also extended from Jun 23 to Jul 07.
https://t.co/VIFuD1tl56
🚨Fast facts: Of all the states, NSW records the lowest dip in consumer confidence. #covid
Declining numbers per state as of June:
NSW 1.1% pts
VIC 7.5% pts
QLD 4% pts
WA 10.9% pts
https://t.co/qSUKKmZOkG
We definitely agree with @ScotPacBF on this underlying problem for #smallbusinesses. Without proper management (and a bit of forecast), #cashflow will always be the big bag boogeyman. Our software can help things get less scary.
https://t.co/42jim5Kzjn