Thought leadership byline: Sam Fitzpatrick, Agribusiness Lead, Western Union Business Solutions Agribusiness in Australia: the lay of the land Australia’s agribusiness sector is currently estimated to be worth $256 billion,[1] with the economic impact reaching communities around the country. Currently more than two thirds of agricultural commodities produced on Australian farms are exported each year, with production […]
Western Union’s president of global payments, Jean Claude Farah, has indicated the 116-year-old money transfer giant isn’t at risk of being usurped by FinTechs but does realise the value of partnerships, admitting “today, no one can do it on their own”. Farah told Dynamic Business that the global payments industry is undergoing change, citing disruptive […]
Entering into an international trading relationship can appear complex and challenging to many SMEs. The risks are real and need to be carefully managed.
Months of economic turmoil for the global economy has led to instability, which particularly affects cross-border business. While larger businesses are often set up to deal with this volatility, a process called hedging provides an opportunity for SMEs to do the same and maximise profits and revenue, minimise costs, and stay competitive.
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