DBM Consultants


Australia lagging in business loans as SMEs “starved” of credit: Report

3:00AM | Wednesday, 21 March 2012 |  Australia is experiencing negative growth in loans to businesses, with a new report revealing Australia lags behind the G8 average by 2% and the BRIC nations’ average by a whopping 68%.

Banks introduce same-day settlement for weekend trade

11:29PM | Tuesday, 22 November 2011 |  Retail and hospitality businesses relying on weekend trade look set for quicker access to their funds, with two of the major banks moving to same-day settlement, seven days a week.

Eight in 10 SMEs set to combat skills shortages with pay rises

10:41PM | Tuesday, 25 October 2011 |  More than 80% of Australian SMEs will offer staff pay rises in the next 12 months to combat skills shortages, a new report reveals, while political uncertainty continues to dampen business confidence.

Westpac re-launches Bank of Melbourne amid SME apathy

7:52PM | Monday, 25 July 2011 |  Westpac has re-launched its Bank of Melbourne brand in Victoria, although new figures show small businesses see little difference between the major banks and their regional counterparts.

Micro business focus helps extend Westpac lead over rivals: DBM

6:00AM | Tuesday, 21 June 2011 |  Westpac has extended its lead on the other major banks due to improved ratings in the micro business market, according to the latest DBM Business Financial Services Monitor.

Pepper Homeloans to target self-employed with $5bn mortgage portfolio

5:53PM | Thursday, 26 May 2011 |  Non-bank lender Pepper Homeloans says it will target small business owners and the self-employed after purchasing a $5 billion mortgage portfolio from GE Capital.

Online banking surge fails to dampen SME branch visits

5:19PM | Tuesday, 24 May 2011 |  New research reveals more Australians do their banking online rather than visiting a branch, although industry experts say face-to-face service still resonates with small business customers.

Big banks haunted by Cup Day rate rises

5:53PM | Friday, 13 May 2011 |  The major banks are still struggling to rebuild SME satisfaction six months after raising their interest rates higher than the official cash rate, new figures suggest.

NAB languishes in business satisfaction rankings

2:00AM | Tuesday, 22 February 2011 |  National Australia Bank was the only major bank to record a fall in customer satisfaction rates in January, according to the latest Business Financial Services Monitor.

Westpac still leading bank satisfaction ratings as rate rises bite

1:13PM | Tuesday, 25 January 2011 |  New data reveals Westpac has continued its reign as the favoured business bank, but customer satisfaction across the banks continues to decline.