MESSAGE FROM OUR CEO – May 2018

CoSBA has taken the decision to publish the Broadcast on a monthly basis highlighting the significant issues for small business over the preceding month, rather than weekly, this is our first monthly Broadcast.

In our judgement the significant issues for the month of May were the banking royal commission, the ‘mongrel bunch of bastards’ report by Four Corners and Fairfax and the national wage case decision.

Given the recent rash of franchisees going to the wall going to the wall and being preyed upon by the banks, it is gratifying that the reprehensible behaviour by the banks has been dealt with by the banking royal commission. We now await the Commissioner’s recommendations in that regard.