CBA, OpenPay slammed for hardship provisions
Survey rates CBA the worst of the big four banks in its response to hardship and OpenPay the worst in Australia.
Survey rates CBA the worst of the big four banks in its response to hardship and OpenPay the worst in Australia.
As the take-up of private health insurance falls to its lowest levels since 2006, insurers warn of a post-pandemic surge in new claims.
Westpac has confirmed Deutsche Australia boss Anthony Miller as the new head of its institutional bank.
Viva will almost double its membership as part of a $20m buyout of Australian Fitness Management, the master franchisor of Plus Fitness gyms.
Analysts at Macquarie Bank suggest the cost of business interruption insurance claims from SMEs could top $535m.
Urgent reform is needed to insolvency processes for businesses to help better manage collapses in the COVID crisis, industry players warn.
For Digital Wine Ventures the lockdown has proved a boom time for its cellar-door-to-door business model, with sales soaring.
The head of Australia’s peak body for insolvency practitioners warns of an insolvency tidal wave when economic support ends.
National Australia Bank has warned in its Backing Australian Small Businesses report that boosting SMEs is key to speeding up the nation’s recovery post-pandemic.
A coming global wave of COVID-related bankruptcies could create their own corporate debt crises, former Fed chair Janet Yellen says.
Original URL: https://www.theaustralian.com.au/author/david-ross/page/200