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Reducing the barriers to finance

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Running Time: 9:41

Date: 01/09/2018

Despite claims that small businesses are the engine of Australia's economy, they are finding it increasingly difficult to secure borrowing from banks so they can grow.

And this doesn't serve anyone, least of all the Australian economy. Small Business Ombudsman Kate Carnell calls it a market failure, and she’s tackling the issue head-on with the release of her report, Affordable Capital for SME Growth, which offers internationally recognised solutions on business lending. She hopes the government – and businesses - will take note.

  

Topics: Economy


Kate Carnell, Australian Small Business & Family Enterprise Ombudsman