Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREScott Morrison to revolutionise small business lending
Scott Morrison's globally unique proposal to invest $2 billion into small and medium enterprise loans sourced by smaller banks and non-banks has the potential to revolutionise the sector by radically expanding the capital available to SMEs, which will reduce its cost and bolster competition outside of the oligopoly.
Under a plan to be announced by Treasurer Josh Frydenberg, the government will ask the Australian Office of Financial Management to invest an initial $2 billion into two bottlenecks in the financing chain connecting small businesses with investors that fund the money they borrow from the likes of Bank of Queensland, Liberty and Prosper.
Read the full article at the Australian Financial Review.
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'Name and shame' proposal for tax dodgers cops backlash
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