An independent review of the banking code of conduct has reinforced the findings of Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell’s recent bank inquiry report, which highlighted the need for a code with ‘teeth’, i
By Kate Carnell
What if I told you it was possible for a bank to default on a small business loan, even though the borrower has an impeccable loan history and has made each and every payment like clockwork?
Ensuring small businesses have access to justice, particularly in cases where there's an imbalance of bargaining power, is one of the key principles outlined in the ASBFEO’s small business reform agenda, released just last week.
2017 is expected to be a year of deliverables for small business and it is important that governments do not lose sight of the sector’s priorities, which would risk undermining future economic growth and prosperity, according to Australian Small B
Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell today met with House of Representatives Economics Committee chair David Coleman MP, to discuss in detail the findings of the ASBFEO’s Small Business Bank Loans Inquiry
Subject: ASBFEO Small Business Loans Inquiry.