News
Why choose invoice finance over a ‘quick fix’ business loan
One of the most important parts of running a business effectively is making sure that capital is available to meet obligations and fund opportunities for growth. However, the needs of every small business are different and there is no ‘one size fits all’ approach to...
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Businesses tendering for Government contracts to face tax office health checks.
From July 1 businesses competing for Federal Government contracts will need to have a clean bill of health from the Tax Office, including 4 years of records. The policy was a recommendation from the black economy taskforce, which found poor supply chain practices...
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1 in 4 SME’s discount their products too much (Salmat)
(Shared Article) New research from Salmat suggests that a quarter of Australian businesses think they discount their products too much. Discounting is often used as a tactic to get ahead of competitors but the risk of course is a squeeze on margins and...
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Can EOFY be an opportunity to grow?
(Shared Article) A great article here including 6 tips to help turn end of financial year into an opportunity to grow your business. While adding another job to the to-do list may seem daunting, solid business planning at this time of year can reap real rewards....
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‘Excessive’ ATO debt recovery measures a threat to business solvency
The controversial debt recovery tactics employed by the Australian Tax Office (ATO) have been called in to question by the Australian Small Business and Family Enterprise Ombudsman Kate Carnell. A recent review by the Auditor General found that Australia’s 3.8 million...
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Six things you should know about invoice finance
In the wake of the Royal Commission recommendations, many brokers are now looking at expanding their business finance offering as a way of ensuring future growth. Additionally, tightening lending conditions means that invoice finance is becoming increasingly utilised...
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MEDIA RELEASE: Australian SMEs still suffering; says broker community
Is this the ‘canary in the coal mine’ for a small business cashflow crisis? The people that small business owners turn to for independent advice believe that cashflow management and access to finance are only getting harder for SME businesses. A recent poll of the...
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New Zealand’s regions of opportunity
According to a Deloitte report published in May, New Zealand has plenty of goods and services exports to offer world markets, but the country’s full export potential hasn’t yet been realised. While an earlier report defined the five industries of opportunity for New...
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“Poor cash flow is the primary reason for business insolvency in Australia” – Kate Carnell
“Poor cash flow is the primary reason for business insolvency in Australia” - Kate Carnell, Australian Small Business and Family Enterprises Ombudsman The Australian Small Business and Family Enterprises Ombudsman (ASBFEO) has released a report of large business...
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Federal budget 2019 includes a $7.3 billion boost for infrastructure in NSW
The 2019 Federal budget, announced by Treasurer, Josh Frydenberg on 3 April is rightly described as a play for the next Federal election. More spending and tax cuts have been promised, and while these will of course be dependent on the re-election of the Government,...
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Six things you should know about invoice finance
Apricity was a proud contributor to Mortgage Professional Australia today with our article 'Six thing you should know about invoice finance'. Find out why SME's are increasingly turning to our solution...
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NZ – Who will really feel the pinch from changes to the banking system?
The Royal Commission into financial services concluded in Australia last month, exposing a catalogue of misconduct by big banks and superannuation companies. The final report, which may lead to criminal or civil prosecution for the banks, also recommends widespread...
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