As a growing number of Tasmanian business owners will attest, big does not always equal better when it comes to securing essential finance for their business operations.
It’s been a tough time for many of us tackling the pandemic and the challenges it’s raised. Like many businesses, we’re faced with the reality that some of our staff have been impacted by the virus, which is also impacting some of our client deliverables.
When you have invested in a managed fund, the fund manager makes these decisions on your behalf. So how can you be sure you have the right managed fund?
In November 2020, the Reserve Bank of Australia (RBA) cut Australia’s interest rate to the historic low of 0.10 per cent. A year later, the RBA is forecasting this rate will stay in place for at least another year.
Experienced finance industry executive Bryce Harding has recently been appointed to lead a major expansion of TPT Wealth’s commercial lending business.
While the big banks are withdrawing from Tasmania, TPT Wealth is expanding its support for local businesses, with a goal to become the largest commercial lender in the state.
Senior Investment Manager, Jukka Viljanmaa, takes a look at the factors that are contributing to the recent lift in inflation, which refers to the way the price of goods, services and assets rise over time.