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The FINANCIAL American Express No longer is being money-smart a skill for the older generation, with new national research, commissioned by American Express, revealing that more than three-quarters (79 per cent) of young Aussies (Gen Z and Millennials) identify as being ‘financially savvy.’
The research points to a trend which American Express describes as a shift to thrift, with attitudes to financial management changing over the past 12 months among younger demographics as a result of the pandemic.
THE RESEARCH REVEALS THAT AMONG GEN Z AND MILLENNIALS:
71 per cent say the implications of the pandemic have prompted them to be smarter with their finances
February 9, 2021
American Express will leverage its global brand to offer small businesses unsecured loans, in a first for the company outside of the United States.
The launch of American Express’ business loans will offer unsecured capital of between $5,000 and $250,000 to SMEs in Australia on annual interest rates starting at 10.95%.
Martin Seward, American Express Australia’s vice-president of global commercial services, says the need for the new product is based on AMEX’s own research, which found Australian SMEs are looking for $130 billion in capital.
“We certainly believe small- to medium-sized enterprises are facing challenges accessing cashflow and working capital at the best of times, but during COVID-19, that has become even tougher,” Seward tells
Top 10 stories for in-house lawyers in 2020
By Jerome Doraisamy|15 December 2020
In what has been a roller-coaster year for corporate legal professionals, readers have been most attuned to bread and butter content: salaries, workplace and wellness issues, and collaboration with external providers.
An op-ed penned by Lawrence Lau, in-house counsel of Lawyers Weekly’s parent company, Momentum Media, delves into the myriad challenges that will face legal counsel day in, day out, and offers practical guidance for those aspiring to such roles as to how best to manage the workload.
During the height of this year’s bushfire season, Lawyers Weekly spoke with in-house lawyer and NSW Rural Fire Service volunteer Karina Veling about the importance of such community work, and how it has provided her with unique insights into her duties as a corporate lawyer and the obligations incumbent upon such professionals to serve the community around them.