Tag: CBA

More than half of the money Australian SMEs lose to scams is siphoned away by fake investment opportunities, according to new data from CBA

Australia’s small business boom is expected to continue over the next ten years

CBA announced that transactions between Eftpos and international schemes like Mastercard and Visa would be automated using the LCR method.

Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), urged senators to pass the Australian Business Growth Fund Bill on Wednesday. Ms. Carnell explained that the bill would significantly encourage growth and promote economic expansion for small and medium-sized businesses around the country. “We strongly support the investment by the Commonwealth in the […]

CBA feels it has already received punishment.

An integrated cloud-based business platform will revolutionise and simplify accounting, payroll, banking and daily operations for Australian small and medium businesses from July 2018.  Combining the business expertise and software development teams of KPMG Australia (business advisory), CBA (banking) and Microsoft (technology platforms), Wiise is targeting SMEs that see themselves as having more complex needs […]

Hot on the heels of an $8 million Series B funding round, Cloud-based HR, payroll and benefits platform Employment Hero has recruited former Google executive Alex Hattingh as its inaugural Chief People Officer. In Conversation with Dynamic Business, Hattingh – an HR specialist who has also served CBA, Yahoo!, St George Bank and Lendlease in […]

Concerns around governance, culture and accountability within the Commonwealth Bank (CBA) have prompted the Australian Prudential Regulation Authority (APRA) to announce an independent inquiry into the lender. According to APRA Chairman Wayne Byres, the panel would consider the lender’s frameworks and practices in relation to the governance, culture and accountability to determine whether they conflict […]

Australia’s most innovative companies are not just innovating for their external customers, they’re also innovating for their internal ones – their staff. Refusing to be like the plumber with the leaky taps, they are turning their innovation efforts inwards. The Australian Financial Review’s 2016 Most Innovative Companies list features groundbreaking innovations ranging from: a courier service that owns […]

Research findings released today have shown that smaller Australian businesses value innovation more than larger businesses. The results, revealed by the Commonwealth Bank Business and Innovation Study, also showed that roadblocks to innovation include a lack of ideas, time and resources, business partners who are all talk and no action, and a lack of data […]