David Olsen

Australian employer confidence has increased to its highest levels since July 2008, with employer hiring intentions for the next quarter up 3.4 percent.

The Reserve Bank of Australia’s decision to hold interest rates at 4.5 percent is welcomed by home owners still struggling after the sharp increases in interest rates earlier this year.

Expectations amongst business owners and executives for the new financial year are lackluster at best, with six key indicators of business strength declining
since the previous quarter.

The Reserve Bank of Australia has decided in it’s monthly board meeting today to leave interest rates on hold at 4.5 percent as it waits on second quarter inflation data from the ABS.

Vodafone Hutchison Australia (VHA) have discovered email marketing campaigns that included customer ratings and reviews attained a 40 percent higher click-through rate, which correspondingly turned into higher transaction numbers from electronic direct mail campaigns.

Employers are warned about a potential spike in staff turnover as the end of the financial year means staff bonuses and salary changes start hitting employee bank accounts.

Accounting and business advisory firm, Hall Chadwick, has established a link with China’s biggest domestically owned accounting firm, ShineWing Certified Public Accountants.

National Australia Bank (NAB) has joined rivals Westpac and StGeorge Bank in paying employees superannuation on unpaid parental leave.

Both Deputy Prime Minister Wayne Swan and Federal Opposition leader Tony Abbott will address the COSBOA National Small Business Summit in Brisbane this week.

A wave of fraudulent emails purporting to be from the Australian Government are in circulation currently, reportedly concerning Tax Refunds and the end of financial year.