Australia/New Zealand Small Business News Round-up – 09/04/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from Australia and New Zealand:

  • Bill paying strife: SMALL businesses that deal mainly with householders are now finding it harder to be paid because of rising interest rates.
  • Companies exposed to broker collapse: SMALL companies listed on the Australian Stock Exchange are revealing details of their exposure to the collapse of stockbroker Opes Prime.
  • Internode boosts broadband download quotas: As of yesterday, customers on Internode’s current home and small office plans will get download limit upgrades of between 15 to 37 percent at no extra charge.
  • Small business in from the cold: They employ the majority of hardworking Kiwis, but small and medium-sized businesses have largely been neglected when it comes to online and IT services aimed at making it easier to run their businesses. That may change as local…
  • Private equity picked to target medium-sized firms: Mergers and acquisitions of medium-sized businesses are expected to be the key drivers behind private equity investment this year as the big deals are put on the backburner following the credit crunch and rising debt costs.
  • Make sure debtors pay: BUSINESSES should insist on greater protection from debtors defaulting as the credit crunch bites, such as directors’ guarantees.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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