Social Media Strategy Essentials for small business

25 February 2021

In 2021, it’s almost essential for a business to have a presence on social media. But posting on social media should have a purpose.

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Support for Victorian Businesses Impacted by Circuit Breaker Action

24 February 2021

This week, the Victorian Government announced a $143 million package to support eligible businesses impacted by the circuit breaker action to limit the spread of COVID-19.

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Managing your reputation online

22 February 2021

It’s never been easier for consumers to research a product or service online before making a purchasing decision, so it’s crucial to ensure you know what people are saying about your brand online.

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Small Business Insolvency Reforms

27 January 2021

Will they really help? There are two new concepts added to the Corporations Act: Small Business restructuring; and Simplified liquidation.

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Women & Leadership Scholarships 2021 Recipients Announced

25 January 2021

We are very excited to announce the recipients of the Women & Leadership Australia scholarships for 2021. This is the 6th year CAFBA has supported this program, and we have now awarded over 60 scholarships, which is a continuation of our support for women in our industry to help them unlock their full potential, and become future leaders. All previous recipients of these scholarships have commented how beneficial they have been, and in many ways changed their lives, both in the workplace and personally. Many member firms who have had employees undertake these courses have also commented on the benefits of the courses, with increased confidence, motivation and productivity being key outcomes.

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2021 Commercial Property Debt Market Overview

21 January 2021

Good liquidity and low interest rates mean that Australia’s commercial property debt market has recovered quickly from the economic shock of Covid-19. The outlook for property debt markets in 2021 is promising, as capital markets are deeper and more agile than they were at the time of the last great shock, the Global Financial Crisis.

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How to Grow your Business

17 January 2021

With the economic environment in the grips of the pandemic, you may be looking for ways to grow your business. Your first instinct is to go out and find new customers, right?

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Email Marketing Basics: Key Principles and Useful Resource

14 January 2021

As a follow on from the Digital Champions webinar series ‘Growing Your Business Through Your Existing Customers’, we’ve put together a helpful guide to get you started in the email marketing space. If you’re already harnessing the power of email, take a look at the useful resources to help you improve your communication skills and make the most of digital marketing.

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CAFBA 2020 Broker and Financier Award Finalists are Announced!

25 November 2020

Finalists have now been chosen for the CAFBA 2020 Awards! Our prestigious panel of judges have thoroughly considered all nominees, and are happy to announce the following finalists...

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CAFBA access to Equifax Credit Reports

24 November 2020

CAFBA assess to Equifax Credit Reports – Equifax Commercial Apply Access Seeker Credit Report and Scored Company/Business Enquiry

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ACCC alleges unfair terms in Fuji-Xerox finance contracts

24 November 2020

The ACCC is taking legal action against Fuji Xerox Australia group alleging unfair terms in its standard suite of SME financing contracts, including, lease, rental, CHP and software funding. The targeted clauses are long standing and well recognised. In some instances they have been confirmed in historical court cases. The clauses are found in virtually all equivalent competitor documents. If successful, the ACCC’s case will create much uncertainty and increase costs in the SME credit markets. This will occur at a time when the government is trying to loosen up the provision of credit to small business generally.

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Instant Asset Write Off – Budget Outcomes

27 October 2020

CAFBA was very pleased with the Budget announcement that the Instant Asset Write Off has been extended to assist business during economic recovery. The existing provisions for the instant asset write-off provided for an immediate deduction for assets, including second hand assets, costing less than $150,000 to all taxpayers with turnover of less than $500m, provided:

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CAFBA Aggregator Benchmarking Report 2020

01 October 2020

SMES LOOK TO COMMERCIAL BROKERS, FINDS FIRST-EVER AGGREGATOR BENCHMARK REPORT CAFBA recently undertook an Aggregator Benchmark Survey, to ascertain the role, the impact and the functions of aggregators in commercial finance. We are very grateful for the 11 Aggregators that participated, as it provides valuable information on the industry and a data base to work from. The Report will be conducted annually which will allow us to monitor trends and how differing models impact the industry.

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Broker-first Perspective Drives New Asset Finance Company

30 September 2020

A new Australian asset finance company is putting brokers at the centre of its business model to deliver finance from a different angle.

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NSW Fair Trading Act – Operational Clarification

25 September 2020

Last month we reported on some important changes to the NSW Fair Trading laws, which had some implications for members. Following this we received some member queries on operational matters, and therefore provide the following additional information from Creditwise. 

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What is a private mortgage?

24 September 2020

There’s often confusion with brokers about what a private mortgage actually is and when a private mortgage would be a good option. With a multitude of non-bank, low doc, peer-to-peer and alternative lenders in the market, there is good reason for misunderstandings. So, let’s get the basic details on private mortgages and how they work for brokers and borrowers.

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The Importance of Transparent and Clear Client Dealings

15 September 2020

A key measure of professionalism is clarity and fairness when dealing with clients and ensuring no conflicts of interest.  It is now almost 6 years since CAFBA’s Professional Standards were agreed by members.  Since then, these Standards have applied to both Voting and Associate Members, with annual membership renewal contingent on self-declaration of compliance. These Standards do not mandate members provide clients with a broking services contract, leaving it to members to assess the circumstances in which that would be appropriate.

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CAFBA PPS Case Study – Serial Numbered Goods

28 August 2020

Recent CAFBA Bulletins have dealt with case studies involving a motor vehicle, describing it as a type of ‘serial numbered good’, as it is generally described in the context of the Personal Property Securities Act 2009 (PPSA), although the Act does not define that term. However, under the PPSA, not all goods with a serial number are, or can be, registered as serial numbered goods. This Bulletin deals with what are serial numbered goods and some key implications of that concept arising from registering on, and searching of, the Personal Property Securities Register (PPSR).

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Financial Incentive Disclosures (NSW)

27 August 2020

Fair Trading Act NSW – Disclosure Obligations | Commission/Referral Arrangements & Prejudicial Terms 1. NSW Legislative Changes Members should be aware amendments to the Fair Trading Act 1987 (NSW) (the ‘FTA’), which commenced on 1 July 2020, which imposes obligations on all brokers doing business with NSW consumer clients to both inform clients of potential contract terms to their disadvantage and to disclose financial incentive arrangements with suppliers. 

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Fraud Awareness – the need to remain vigilant.

27 August 2020

During the pandemic there seems to be a rise in attempted fraudulent activity, with levels of sophistication increasing. The following example was brought to our attention by an experienced member, who had the foresight and knowledge to thwart the attempt, and it was this experience that saved an unsuspecting customer of being the victim. Whilst it relates to a home loan, it exemplifies the differing scenarios being used.

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NSW International Women's Day Coffee & Networking

08 March 2021

Celebrate International Women's Day with the Female CAFBA Board Directors and our valued Members! 

QLD International Women's Day Coffee & Networking

08 March 2021

Celebrate International Women's Day with the Female CAFBA Board Directors and our valued Members! 

VIC International Women's Day Coffee & Networking

09 March 2021

Celebrate International Women's Day with the Female CAFBA Board Directors and our valued Members! 

CLYP 2021 March WA

11 March 2021

The first in person CLYP networking events for the year are here!

CLYP 2021 March QLD

16 March 2021

The first in person CLYP networking events for the year are here!

CLYP 2021 March SYD

18 March 2021

The first in person CLYP networking events for the year are here!

CLYP 2021 March VIC

25 March 2021

The first in person CLYP networking events for the year are here!

Annual Golf Day VIC 2021

29 March 2021

All CAFBA members and financiers are invited to join us at the Huntingdale Golf Club for a day of golf and networking, followed by dinner.

CAFBA Commercial Lending Skills Workshop

30 March 2021

Previously known as the Credit Skills Workshop for Commercial Brokers.