New study shows digital marketing skills, financial literacy on wish-list for Aussie small business owners
A study of small business owners in Australia reveals they need digital marketing skills and improved financial literacy to manage and grow their business
Bitcoin enthusiasts see end to bear market
After a brutal bear market that’s stretched 16 long months, Bitcoin enthusiasts are ready to declare that the dreaded “crypto winter” is finally at an end.
Five ways to better manage cashflow for your business
Did you know, according to the Australian Securities and Investment Commission (ASIC), 46% of all company failures occurred due to inadequate cash flow in 2015/16? Cash flow is vital to a business, and management should be priority number 1. So how can you better manage cash flow in a business, whether you sell products, provide services, or do a bit of both? Here are five ways to better manage cash flow in your business 1. Look at your balance sheets and make a projection In business, like in sport, you need to keep score. Keeping score tells you whether you’re winning or losing. Balance sheets and profit and loss statements […]
Home loan wrecker Athena proves demand for a new lending alternative
Homeowners don’t realise how much they’re being ripped off with rates. A new alternative has launched today on a mission to save Australians a lot of money by helping them pay off their home loan faster. A game-changing shake-up of the mortgage market has arrived with the launch of Athena – a home loan company on a mission to help Australians pay off their home loan faster. Launching with a highly competitive variable rate from 3.49% p.a for owner occupier principal and interest loans, and one of the best in market rates for investors starting at 3.89% p.a, Athena offers a genuine alternative to homeowners looking for change with their […]
Pull together for the Aussie Drought Row-lief
The entire state of NSW has been declared in drought after a drier than ever June and July. As a result, the state’s farmers are experiencing one of the toughest winters they have seen. With failing crops, water shortages and a diminishing supply of fodder to sustain stock, farmers are struggling just to keep their stock alive, let alone make ends meet. Companies nationwide have been doing their part to help out, donating money to help the families living on the land with necessities, or donating hay bails to help keep their herds alive. As a small business with a big heart, Brisbane-based lender, Jacaranda Finance has decided to jump […]
Macquarie adopts open banking solution
Macquarie customers will be one of the first to test the new open banking regime with the help of a fintech. Retail finance solutions provider Zip Co, which operates under its zipPay and zipMoney brands, will allow Macquarie customers to add banking and credit card accounts via personal financial management app Pocketbook. Zip Co acquired Pocketbook in 2016 and currently has more than 400,000 users. The app integrates with Macquarie’s open banking platform, giving customers the option to connect and manage personal finances. Zip co-founder and chief executive Larry Diamond said as momentum for this type of innovation is quickly growing, the integration with Macquarie Banking and Financial Services Group […]
Fintechs are the fastest growing startup in Australia
Financial tech-innovators, or fintechs as they’ve become known, are dominating the Australian startup sector with Sydney their hub of choice, a new report shows. And true to the nature of the startup industry, it is disruption in the traditional banking sector that is fuelling the growth of fintechs – as finance-savvy professionals exit the established institutions and put their skills to use in new ventures. The 2017 Startup Muster Report, released on Wednesday, shows fintech startups were the fastest-growing type of business in the startup sector. Fintech Australia chief executive officer Danielle Szetho says she isn’t surprised by result following recent moves by the federal government to open up the […]
Let’s stop making mobile payments a chore
By Keith Brown, General Manager Product, Scheme and Business Development, BPAY Group You can make a payment on almost any digital device, but why can it still feel like a chore? Mobile has been spruiked across product and marketing strategies in all industries for as long as the smartphone has been around, and yet a decade later we’re still not as digitally savvy as we’d like to think. We have tablets, smartphones, and smartwatches, but discrepancies still exist for user experience across all these devices. There’s an influx of mobile-only banks emerging in the U.K., dedicated to ensuring the experience of banking for their customers on the go is as […]
