theBankDoctor

Independent, unelected & unpaid #SME finance advocate and educator. Sign up for our free newsletter.

[theBankDoctor @theBankDoctor]

In the final of our 4 part series on "Which is the best party for small business?" we consider whether the minor parties or independents represent a better alternative. Read more at https://t.co/mzn6oKSQ4O
#auspol #SMEs @climate200

[theBankDoctor @theBankDoctor]

Under a returned Morrison coalition government, small business owners can expect more of the same.
Under an Albanese government they really don’t know what to expect.
So what do they really need? Read more at https://t.co/TPL9lylkmj
#AusPol2022 #SME

[theBankDoctor @theBankDoctor]

It is a sad reflection on the state of our democracy that politicians of all persuasions talk about small business being the backbone of the economy yet their deeds continue to fall short of the rhetoric. Read more at https://t.co/fr0p4J6M1N
#smallbusiness #auspol

[theBankDoctor @theBankDoctor]

With election less than 3 weeks away, which party can small business owners believe or is it time to switch to the minor parties or independents? Read more at https://t.co/7gNQQ5GUQi #SMEs #auspol

[theBankDoctor @theBankDoctor]

The recommendations in the review of the Banking Code of Practice are positive for #SMEs although they still provide banks with ample “wriggle room”.
Read more at https://t.co/UZV8Xvhixh

[SmartCompany @SmartCompany]

More SMEs are now eligible to apply for business loans under the federal government’s SME Recovery Loan scheme. https://t.co/13xaXtS6yA #smallbusiness #banking #ausbiz

[theBankDoctor @theBankDoctor]

Small business owners are facing a new insolvency cliff, but shopping local will help via @smartcompany https://t.co/gdDzTS21Lm

[theBankDoctor @theBankDoctor]

Headlines one day, fish and chip wrappings the next. "This too will pass" #banks

[theBankDoctor @theBankDoctor]

We support @JoyceMoullakis from @australian in highlighting misconduct by #NAB and #CBA. Read theBankDoctor's inside story on this sorry saga at https://t.co/n7bODziWT4

[theBankDoctor @theBankDoctor]

Read what made Frank Costa such a universally revered business and community leader.
https://t.co/y49dnfUoDC

[theBankDoctor @theBankDoctor]

@ASBFEO @KateCarnellAus A true Champion of Australian small businesses. Thank you and well done Kate!

[theBankDoctor @theBankDoctor]

theBankDoctor explains why despite record low rates #SMEs aren't borrowing, #banks aren't lending & what governments can do about it; https://t.co/nggnCWYera

[COSBOA @COSBOA]

An open letter to Dan Andrews, from COSBOA and its 1.3 million members https://t.co/SjEl6XBxDp

[theBankDoctor @theBankDoctor]

Capping the rate on Coronavirus SME Loans at 10% wont see banks lend more and will lock non-bank lenders out. Makes no sense at all. @JoshFrydenberg @afia_finance @ASBFEO @COSBOA
https://t.co/Ntr7ImnBn6

[Max Slonim @maxslonim]

A thread, on why the strategy deserves as much praise as the editing in THAT Nike ad

[theBankDoctor @theBankDoctor]

Lessons for all #SME lenders:
1. Sign up and engage with @AFCA_org_au
2. Don't mess with @KateCarnellAus
@afia_finance @ASBFEO

[theBankDoctor @theBankDoctor]

Tinkering around the edges of the Coronavirus SME Scheme that hasn't worked isn't going to save the SME sector. A bigger picture approach is required.
https://t.co/Hg3D51VRti

[theBankDoctor @theBankDoctor]

The Covid-19 economic crisis shows why Australia needs a government owned #SME bank that can improve access to finance and implement fiscal policy.
@Treasury_AU @ASBFEO @JoshFrydenberg @Judo_Bank @ausbanking
https://t.co/tZPf9M7AUo

[theBankDoctor @theBankDoctor]

The Covid-19 economic crisis has highlighted deficiencies in the way SMEs are able to access debt finance primarily through the big four banks. There has to be a better way.
https://t.co/d52Zjdvna1

[Stephen Mayne @MayneReport]

NAB reported last year that it had 574,168 shareholders. If all them apply for the maximum $30,000 in unfairly restricted $500m SPP, that will be $17.22b in applications. Meanwhile, instos offered $3b of stock today.