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What small business is doing wrong when applying for a bank loan

What small business is doing wrong when applying for a bank loan 25 Apr, 2021 05:00 PM 6 minutes to read Small business owners need to have their financials in order before applying for a loan. Photo / File Small business owners need to have their financials in order before applying for a loan. Photo / File Start-up business owners should forget trying to get a bank loan unless they have housing equity to fall back on and those who have been in business a few years will need to have clean financials if they want to borrow. That s the advice from Gordon Stuart, a former ANZ head of agri-banking who has set up a new business called Chaperon alongside former ANZ chief economist Cameron Bagrie to help small businesses secure loans from banks.

Whitianga apprentice aged 17 impresses on the job and builds new future

Whitianga apprentice aged 17 impresses on the job and builds new future 8 Apr, 2021 11:44 PM 3 minutes to read LBG Builders owner Brett Goodger with Abbey Mills, 17, who was one of hundreds who left school in 2020 to become an apprentice. Photo / Supplied LBG Builders owner Brett Goodger with Abbey Mills, 17, who was one of hundreds who left school in 2020 to become an apprentice. Photo / Supplied NZ Herald New apprentice Abbey Mills is part of a wave of teenagers building a future by picking up the tools. The Whitianga 17-year-old signed up for an apprenticeship in November after a local builder approached her school looking for a hardworking student keen on a career in the trade.

Italy needs to replicate Iron Lady s strengths to revitalise its economy

Italy needs to replicate Iron Lady’s strengths to revitalise its economy PM Mario Draghi must prove he shares Thatcher s political fortitude to mirror Britain s economic revival of the 1980s 25 April 2021 • 7:00pm Is Italy about to turn a corner? Rome will this week submit plans for spending the huge sums that the European Union has pledged to provide as part of its Covid relief programme. Alongside that, there should be proposals for radical reform of the Italian economy. At last, there seems to be some hope for Italy’s future - but can these plans really transform the country’s prospects?

Exclusive: World Bank, IMF eye ways to link debt relief to climate change spending

4 Min Read WASHINGTON (Reuters) - The World Bank and the International Monetary Fund are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link such spending to debt relief, according to a draft document seen by Reuters. FILE PHOTO: International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas/File Photo The advisers would include U.N. officials, nongovernmental organizations, private investors and even ratings agencies with expertise in sourcing investment, including grants, low- or no-interest loans and conditional debt relief, the document says.

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