Apricity at the GEA Expo
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 […]
Australia’s Kate Carnell fighting the good fight
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. […]
Apricity News + your chance to win a $250 Qantas Voucher
Apricity News + your chance to win a $250 Qantas Voucher Why is it that in Australia, we seem to be continually let down by the leaders in the economy, politics and more recently – our sporting teams? Without getting in to Ball-Tampering-Gate, I do think that as a nation, it’s important to admit when […]
Accountants urge government to legislate the late payment of small businesses
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.
Four in Ten Construction Invoices Paid Late
Senate Inquiries are recommending a number of changes when it comes to payment terms for the construction industry as cash flow difficulties are still largely prevalent due to late payment of invoices.
How late payments are sending small business to the wall
The Australian Government is being urged to legislate against late payments by big companies to small businesses as SMEs are being sent to the wall due to cash flow issues.
New index looks at the state of small business
Accounting firm Xero are now providing a monthly report as insight into small businesses to inform government policy and regulation.
Data On What’s Driving Australia’s Small Businesses Points To Cash Flow From Big Firms
One of the biggest hazards to small businesses in Australia is poor cash flow. Statistics by ASIC prove that 51% of small businesses do not survive beyond four years of operation, poor cash flow the cause of nearly 90% of these failures.
Small Business Commissioner Kate Carnell targets government for faster payments
A new campaign lead by Small Business Ombudsman Kate Carnell, may require contractors from some of the federal government’s biggest spending departments to pay small businesses within 30 days.
