Business News

Industry groups urge businesses to pay bills on time

Council of Small Business Australia (COSBOA), the Australian Industry (Ai) Group and the Australian Institute of Company Directors (AICD) have launched a campaign calling for all Australian businesses to pay their bills on time. COSBOA CEO Peter Strong, Ai Group CEO Innes Willox and AICD MD and CEO John Brogden …

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ACCC proposal on Apple Pay bad for retailers, says ARA

The ACCC has proposed to deny authorisation for a number of Australian banks to engage in limited collective bargaining and boycott with Apple in relation to Apple Pay. Bendigo and Adelaide Bank, Commonwealth Bank, National Australia Bank and Westpac sought authorisation on behalf of themselves and potentially other credit and …

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Financial stress costing Australian businesses

According to new research from AMP, one in four surveyed Australian workers has low confidence in their financial position and struggles to make ends meet. The research, undertaken for AMP’s ‘2016 Financial Wellness’ report, found that only 48 per cent of respondents were confident in their financial position, a decrease …

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