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Media releases

Small business registrations should be streamlined

Tuesday, September 19, 2017

The Australian Small Business and Family Ombudsman has called for the consolidation of registration requirements for small business.

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New financial dispute resolution a landmark initiative

Thursday, September 14, 2017

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has welcomed the Government’s landmark move to establish a new one-stop-shop to resolve small business disputes with banks – the Australian Financial Complaints Authority (AFCA

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Re: Unique identification number for company directors

Tuesday, September 12, 2017

Comments attributable to Kate Carnell
Australian Small Business and Family Enterprise Ombudsman
 

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Open banking would improve access to finance for small business

Friday, September 1, 2017

The Australian Small Business and Family Enterprise Ombudsman has welcomed government moves to reduce regulatory barriers to entry for new entrants to the banking system.

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Big four banks change loan contracts to eliminate unfair terms from small business contracts

Thursday, August 24, 2017

Following a commitment to further review their small business loan contracts, the big four banks have now agreed to specific changes with ASIC to eliminate unfair terms from their contracts.

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Payment times improve but more needs to be done

Wednesday, August 23, 2017

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has welcomed new data which shows that late payment performance is beginning to improve.

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Small business loan protection threshold should be raised to $5m

Wednesday, August 23, 2017

The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has questioned Commonwealth Bank’s commitment to small business lending reform following evidence to a parliamentary select committee.

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Independent review confirms value of the ASBFEO

Thursday, August 17, 2017

The Australian Small Business and Family Enterprise Ombudsman, which was established in March 2016, has welcomed the findings of an independent legislative review into the office.
 

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