The news has been dominated in recent days by the Liberal Party Leadership saga, a new Prime Minister and a new Cabinet. However, the last days of the Turnbull Government saw proposed corporate tax cuts for big business being consigned to the scrapheap. The contentious plan to cut the corporate tax rate for big business […]
By it’s very nature, the manufacturing industry lends itself well to invoice financing, a flexible and agile funding method. Manufacturing is alive and well in both Australia and New Zealand. Reports are stating that the manufacturing industry in Australia is heading for a renaissance, with 40,000 new jobs created in 2016. In New Zealand, manufacturing also plays a […]
We recently exhibited at the GEA Supply Chain Expo. This was a fantastic event, where we made contact with a number of businesses across a wide range of industries including mining and mining services, manufacturing, transport and logistics, professional services and many more. Following the event we ran a quick survey as we are always […]
Healthcare and medical suppliers are growing industries. IBIS World reports that the industry in Australia is worth $137b per year, employs 850 thousand people and boasts a growth rate of 4.6% from 2013-18. This is in stark contrast to a GDP growth rate of less than 1%. The aging population, technological advances and private health insurance […]
We love Australian Small Business and Family Enterprise Ombudsman Kate Carnell. At Apricity Finance, we believe that she speaks the truth and really understands the needs of small to medium businesses across the country. A recent article in SmartCompany quotes Ms Carnell’s warning that SMEs won’t be able to sell their businesses unless access to finance improves. […]
Congratulations to the lucky winner of our recent competition, Megan Rabbitt-Sutton, the Financial Manager from Wolff Group based in Toowoomba, Queensland. Megan is the recipient of a $250 Qantas voucher. When asked what does Apricity mean for their business, Megan said “the potential to fund invoices and possibly invest further into the growth of their business”. […]
Primary producers have enjoyed the fastest invoice payment times of all business sectors in Australia since 2015, according to industry analyst, illion (formerly Dun & Bradstreet). However, the agriculture sector experienced a sharp 3.2% decline in invoice payment times during the December quarter in 2017. As if our farmers don’t have enough uncertainty, late invoice payments must certainly add […]
Invoice Finance is something that is used by Importers all over the world. It can provide instant liquidity, business flexibility and growth. At Apricity Finance we have experience in dealing with Importers and their financial needs, especially as relates to clients experiencing fast growth and spikes in trading volumes, which may cause cash flow stress. HOW […]
The Institute of Public Accountants (IPA) is calling for the Federal Government to introduce a loan guarantee scheme and legislate maximum payment times for business-to-business transactions in order to improve financial implications faced by small to medium businesses.
Listen to Australian Small Business and Family Enterprise Ombudsman Kate Carnell discuss the importance of maintaining positive cash flow during the Christmas period for small businesses.