The Reserve Bank of Australia has left the cash rate unchanged at 2 per cent for September. This will be the fourth consecutive month the rate has remained unchanged. RBA Governor, Glen Stevens said “the economy is likely to be operating with a degree of spare capacity for some time yet, with domestic inflationary pressures […]
After a joint investigation by Fairfax and Four Corners uncovering widespread underpayment of staff by 7-Eleven franchisees, 7-Eleven has said in a statement that it will pursue franchisees to repay money owed to present and former staff. Chief Executive Officer, Warren Wilmot said “the viability of the 7-Eleven system is in no way, never has […]
Small businesses are at the heart of our economy, with more than two million operating across the nation and more than half a million Australians involved in startup activity at any point in time. As a business catalyst, I dedicate my time to helping these companies thrive and reach their full potential. Small business owners […]
7-Eleven store owner and operator, Harmandeep Singh Sarkaria will face the Federal Circuit Court over allegations that he underpaid two migrant workers almost $50,000 and created erroneous records for the workers. The Fair Work Ombudsman (FWO) who initiated the legal proceedings has alleged that Mr Sarkaria short-changed one migrant employee from Pakistan $43,633 between 2012 […]
With 270,000 businesses expected to saturate the market in the next five years, many business owners will be forced to accept a sub-standard price or walk away with nothing. According to the Exit Smart Survey conducted by national chartered accounting and advisory form William Buck, almost 80 per cent of business owners are over 50 […]
Lawyers accustomed to long working days might consider it a ‘good day’ if they made that 7pm dinner appointment they tentatively arranged three weeks prior. Thoughts of week-life being any other way could only mean one thing – a new career – a daunting prospect when you have come so far down the road of […]
According to recent PwC analysis commissioned by Google, SMEs have the potential to access an additional $49.2bn in output over the next 10 years by making better use of technology. Commenting on the $49.2bn figure outlined in the Small Business: Digital Growth report, PwC economics partner, Jeremy Thorpe said “that’s how much the Federal Government […]
Today’s leaders manoeuvre in an entirely different landscape to their counterparts of years gone by. Accepting that jobs are no longer ‘for life,’ scores of entrepreneurs join the game to take control of their own destinies while advances in technology become threats when not embraced. With the speed of change growing exponentially, now, more than […]
SMEs in the food industry have traditionally turned to free samples, displays and one-off advertisements to entice customers. Now, business owners are turning to Instagram to wet the appetite of foodies all over Australia – and it’s taking them by storm. With 36 per cent of Australian Instagrammers following foodie accounts according to recent Aussies […]
Telstra CEO, Andrew Penn, has been announced as the most viewed CEO in Australia according to LinkedIn’s 2015 Power Profiles Australia. The power profiles reveal the most viewed CEOs and leaders across a range of industries including technology, finance, internet, human resources, marketing and advertising. Following Telstra’s Andrew Penn at the top of the list […]
