AFG – Competition Index – March 2016
Which bank takes the lion’s share? AFG (ASX:AFG) has today reported a surge in business heading to one of the country’s biggest lenders as the majors flex their balance sheet muscle to win back market share in a very competitive home lending market. The latest AFG Competition Index shows that the majors have again outrun […]
AFG delivers positive first half operating results
AFG (ASX: AFG) has today announced its financial results for the first six months of FY2016. Today’s results show the company’s continued strength and capacity to deliver solid profit results through increased settlements, improved securitisation margins and growth in the company’s own-branded products. AFG has reported a 2016 half year net profit after tax (NPAT) […]
Innovation nation – how the government is helping small business
The Government wants to encourage entrepreneurs to think outside the box with a range of recent changes to remove the stigma – and some penalties – around business failure. The Government’s Innovation Statement has been roundly welcomed by small business, with changes to insolvency and tax laws aimed at encouraging businesses to push the envelope. […]
Buying time — the benefits and risks when it comes to outsourcing
Cost-conscious, time-poor business owners are driving a boom in offshore office work, and we thought we’d walk you through some of the basics to consider before you look at whether this is an option for your business or not. Outsourcing was once the domain of large corporations, who slashed costs by moving some business operations […]
How to market to Millennials
Millennials are here, and they are the future of your business as they are on the cusp of heading into consumer prime-time. You may be one, or be related to one. Regardless, it’s good to paint a picture on who they are and what motivates them as a whole. They may be the youth of […]
Industry groups target cash flow killers
Any small business owner knows that one of the most important aspects of operating, yet also the most difficult to manage, is cash flow. A campaign calling on big business to cut their payment terms to 30 days is gaining momentum. Kate Carnell cut to the chase on breakfast radio at the end of last […]
And the award goes to…
The Productivity Commission’s (PC) draft report into Australia’s workplace relations framework does not look set to make major changes to the country’s idiosyncratic system of award wages, much to the chagrin of business. The old saying goes that a good compromise is one that leaves all parties equally unhappy. And by that yardstick the PC […]
AFG staff donate to support Yarloop community after fires
In a show of support, AFG held a fundraiser allowing staff to generously donate to those who suffered losses in this month’s Yarloop tragedy. We were very proud to see many staff contributing their baking skills as well as the high level of donations. AFG will generously match every dollar donated by staff. You can […]
Post holiday? How to get your staff and your business back on track
We gather some tips from an expert on banishing back-to-work blues and getting your staff off to a flying start post a long break such as Christmas. Whether it’s a few days or a few months, breaks such as Christmas can make it difficult to get back into the swing of things when staff return […]
Mortgage Index for the final quarter of 2015
HOMEOWNERS STEP UP AS INVESTORS EXIT Australian Finance Group (ASX: AFG) has today released its Mortgage Index for the final quarter of 2015. Investors have continued their retreat from the market with the latest figures showing investor lending had fallen from 40% of total loans processed early in the calendar year to 31% in the […]