Consumer inflationary expectations have eased to the lowest level in 10 years as a result of a slowing economy. The Melbourne Institute survey of consumer inflationary expectations found the median rate of inflation was 2.3 per cent in May, down from 2.4 per cent in April. Even the stimulus package measures didn’t help to boost […]
The Government’s National Broadband Network has been praised as heralding in a “new wave of telecommunications development” at the Australian Telecommunications User Group Regional Conference in Canberra yesterday. Chairman Graeme Samuel spoke of the network sparking a new wave of infrastructure investment, technologies change and product innovation in the sector. He said the network will […]
New research has found that the Rudd Government’s stimulus payments are going to straight onto the credit card bills with consumers eager to pay off their debt. The Reserve Bank of Australia’s (RBA) monthly credit card statistics showed a 17.5 percent jump in repayments in March to $19.7 billion, coinciding with the Government stimulus payments. […]
With the Government changes to the employee share scheme causing uproar among business and industry groups, many companies are now looking to review their options, with Macquarie Bank planning to go back to investors for another capital raising. Under the changes, those earning more than $60,000 a year will be taxed up front on share […]
As part of their campaign to encourage Australians to sponsor a child, World Vision have conducted a national survey to determine the most charitable suburbs in the country. The survey collated those suburbs that were the most generous in supporting World Vision, ranked according to median weekly household income. The findings revealed that those most […]
Spotting the early warning signs of insolvency is paramount for business success, said insolvency expert Richard Albarran at a seminar in Sydney today. Figures have shown that the number of insolvencies have increased in recent months, with 2,148 companies entering into voluntary administration in 2008, 35 percent of these in NSW alone. Albarran, Partner at […]
In order to celebrate innovative, inspiring and creative businessmen and women of Sydney, Creative Sydney has launched the inaugural Creative Catalysts 2009 list, honouring those who have made a unique contribution to the city’s creative culture. Making the list were Earth Hour co-founder, Nigel Marsh, a “green ad-man with his eye on the bigger picture” […]
Small businesses that stress test their business by planning for disaster and uncovering problem areas will be more likely to survive the financial crisis, says business recovery expert Robert Whitton. According to Robert Whitton, head of William’s Bucks Business Recovery Team, if small businesses “plan for disaster” then “it will never happen.” Whitton believes that […]
Microsoft is set to unveil a new version of its internet search engine at an ‘All Things Digital’ technology conference in California next week. The new search engine code-named Kumo is designed to increase Microsoft’s share in the lucrative search market, currently dominated by giant Google. Recent research conducted by ComScore has shown that Google […]
The economic slowdown is having an effect on Aussie workers wages, as they expanded by the slowest pace in five years according to ABS data. Total hourly rates of pay, excluding bonuses, rose 0.8 percent in the March quarter, matching expectations but was the slowest quarterly growth since March 2004. JP Morgan economist Helen Kevans […]
