Message from the CEO: 23 June 2020

Last Friday the Fair Work Commission (FWC) handed down its Annual Wage Review. Due to the unprecedented economic pressure...

Last Friday the Fair Work Commission (FWC) handed down its Annual Wage Review. Due to the unprecedented economic pressure imposed on the business community, along with the fact that retail was struggling pre-COVID, the NRA argued strongly that the current rate should be maintained. It was disappointing to see that...

Read More

CommBank extends repayment deferrals for business loans

In response to the COVID-19 pandemic, our partner Commonwealth Bank automatically deferred repayments on eligible BetterBusiness Loans and Equipment...

In response to the COVID-19 pandemic, our partner Commonwealth Bank automatically deferred repayments on eligible BetterBusiness Loans and Equipment Loans (Chattel Mortgage) for qualifying customers with total commercial lending limits with CommBank of up to $5 million. Despite the worst being over and the curve being flattened, many businesses are...

Read More