Alex.Bank continues to expand with the appointment of NSW/ACT BDM as it reports growth of 220% in the April quarter
Alex Bank, Australia’s newest digital bank, today announced the appointment of Oyishi Haque as Business Development Manager for NSW/ACT.
SME growth projections hit seven-year high of 56% in two-speed economy
56% of Australian SMEs are forecasting positive enterprise revenue over the next six months – the strongest growth outlook for the sector since March 2016.
NSW SMEs hit hardest by rising wages and red tape costs
Rising wages and compliance costs top the list of growing cost pressures for Australian SMEs, with small and medium businesses in NSW the most heavily impacted.
Non-bank funding replaces COVID stimulus measures for SMEs
A quarter of Australian SMEs added non-bank funding facilities in 2022 following the termination of government COVID stimulus and support programs, more than double the figure of 12% a year earlier.
Top three things SMEs want in a new lender in 2023
Speed, ease and dependable customer service! These are the common themes Australian SMEs are looking for when sourcing new business finance.
100% of Australian SMEs hit by supply chain disruptions – Two thirds increasing prices in response
ScotPac’s SME Growth Index Report reported experiencing some form of supply chain disruption in the six months to September 2022.
Octet broadens its leadership structure
Octet has announced a new senior leadership structure, with Brett Isenberg and Michael Rom transitioning into the roles of Co-CEO’s.
Moneytech expands its Executive Team
Moneytech has expanded its Executive Team with the appointment of a range of senior leaders for the Australian fintech lender.