It seems like business trips are back on the cards, with the Australian corporate travel industry tracking back at roughly 80% of pre-pandemic levels, according to the Flight Centre Travel Group.
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Since the RBA rate hike in May, quite a number of financial institutions have increased savings account rates, including for business savers. In fact, Mozo’s database recorded an increase by 25 of the 49 business savings accounts we track during this time period.
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Rising interest rates and shaky consumer confidence have put many Australian business owners to the test this year, but non-bank lender Lumi hopes to extend a lifeline with an innovative business loan option.
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Whether your business is just finding its legs or already an established player in your industry, managing cash flow remains an ongoing challenge. This goes doubly so for businesses that invoice other businesses.
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As new year mantras either fade into the background or begin to flourish in late January, ME Bank has released research about young Australians’ financial goals.
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For both new and established businesses, managing cash flow can be a challenge. And if customers make a habit of delaying payment, you can find yourself stalling as a business, if not running into further trouble down the road.
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With restrictions lifted and trading resuming across Australia, Commonwealth Bank is offering a zero interest loan to help businesses regain their footing as they approach the Christmas period.
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Business lender ScotPac will waive the first three months of interest on loans to small and medium-sized businesses as part of its new Bounce Back Fund.
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Hearing the words ‘interest-free’ is enough to grab the attention of many business owners across the country. And business lender, Moula will do just that with the announcement of its new payment platform, Moula Pay.
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Archa, the consumer neobank turned business expense management platform, is touting its new smart business credit card as the solution to Aussie business’s financial admin needs.
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