It was a great help while it lasted. But Australian motorists are again paying full price at the bowser after the temporary cut to government fuel excise ended on 28 September. As a result, we all have to pay an extra 25.3 cents per litre in tax, according to the...
How to grow your business, despite rising costs
Australian business owners are certainly made of tough stuff. Just when it looked like things were starting to ease after the challenges of the last couple of years, along comes surging inflation, supply chain bottlenecks and rising interest rates. Yet despite these notable headwinds, NAB reports businesses are increasingly optimistic,...
Setting your business up for success this new financial year
No matter what industry you are in, a new financial year is an excellent opportunity to look for ways to improve your business – whether that’s expanding into new markets or streamlining operations to become more efficient. With this in mind, what specific things can you do to make the...
How your small business can benefit this EOFY
With the end of financial year (EOFY) fast approaching, now is the perfect time to take stock, balance the books, and get ready for the new year ahead. Given that Australia’s economy is expanding fast and unemployment is at its lowest level since 1974, many savvy business owners will be...
What does inflation mean for your small business?
It’s been a rough few years for many small business owners, particularly in Victoria. First, there were all the restrictions and stay-at-home orders that led to Melbourne spending more time under COVID-19 lockdowns than any other city in the world. These lockdowns hit revenue hard, especially for those in the...
The ins and outs of financing a business purchase
If you're looking to purchase a business, it pays to work with a specialist financier who has expertise and experience in business finance. Nathan Coad, Director of NMC Finance, recently spoke with Ali Cain, host of the Buy That Business Podcast about what to look for when securing finance for...
Australia’s economic resurgence is underway
Australia’s economy is poised to grow strongly next year as lockdowns end and borders reopen, with the Reserve Bank of Australia predicting a sharp rebound. The RBA, in its most recent quarterly statement on monetary policy, said the recent lockdowns in Melbourne, Sydney and other parts of the country had...
CASE STUDY: NMC helps growing business secure essential overdraft after bank originally says no
From the outside, this wholesale and online product business seemed to be in great shape: sales were growing rapidly and the products were being well received in the market. But the business actually faced a big challenge – it couldn’t get the bank funding needed to fund the working capital...
Increasing demand for industrial properties
There’s been an increasing demand for logistics and industrial properties – with the market outperforming historic benchmarks, according to global real estate services firm JLL
Say goodbye to the landlord
Want to say goodbye to the landlord and buy your own premises? Or perhaps you’re a savvy investor looking to take advantage of historically low-interest rates and dip your toes into the commercial market? Either way, it appears you’re in good company. The commercial property market is proving to be...