Hnry helps sole traders save up to $5,635 a year with world-first business debit card
Sole traders across the nation are missing out on more than $5,500 in tax deductions on average every year, according to research from Hnry.
SpendConsole
Artificial intelligence powering AP Automation with compliant and secure business payments.
Aussie sole traders undeterred as inflation packs a punch: Hnry research
The negative effects of inflation are doing little to dishearten Australia’s 1.5 million sole traders, according to new research from Hnry.
upcover launches pay-by-the-month insurance options for SMEs and sole traders
Upcover’s new pay-by-the-month insurance payment option gives SMEs and sole traders financial flexibility at a time when they need it most.
Joust launches Instant Match Partner Console
Joust.com.au, has launched its new Instant Match Partner Console as part of its mission to automate the customer acquisition process.
Easy Business App launches mobile invoicing solution for small businesses, sole traders and accountants
Sydney-based Fintech start-up Easy Business App today announced the launch of a new Invoicing solution.
A Central Bank blockchain could make other banks obsolete
Will banks like ANZ and Westpac go the way of the record store? Professor David Yermack from NYU Stern School of Business thinks so. He argues it’s only a matter of time before Central Banks withdraw banknotes from circulation and put the national currency into an electronic blockchain rending other banks “unnecessary”. The distributed ledger technology promises to give Central Banks much greater control over national currencies and could put an end to money laundering and tax evasion, argues Yermack, who counts bitcoin and cryptocurrencies among his areas of expertise. “It’s not a question of if but when a country will do this. And my expectation is that the benefits […]
ASIC’s Greg Medcraft says traditional bank accounts may be obsolete in a decade
Bank accounts could become unnecessary within the next decade because central banks will create digital currencies and allow customers to hold deposits directly with them, predicts Greg Medcraft, chairman of the Australian Securities and Investments Commission. The issuance by central banks of digital versions of their fiat currencies onto distributed ledgers would lead to widespread disaggregation for commercial banks, which would be forced to fight much harder to attract funding alongside market-based funds in a radical upheaval of financial markets. Banks and policy makers should be studying the ramifications for the Australian economy given central bank-issued digital currencies could start to appear globally in the next five to 10 years, […]
