While most Australian’s are cutting back on their spending this year, it appears chocolate is one indulgence that people won’t give up. Melbourne franchise, Theobroma Chocolate Lounge has been on the receiving end of this trend, experiencing high demand and rapid growth since the opening of their first store in 2006. In the last 12 […]
Premium international airfares have taken a beating in the economic crisis in the first quarter of 2009, with business travellers choosing to stay home instead. According to figures from the International Air Transport Association, revenues in the Asia-Pacific region from corporate travellers fell by up to 40 percent. First and business-class passenger flows in Asia […]
The claws are out on the Rudd Government’s changes to the employee share scheme, announced in last week’s Budget. Debate has been rife on the negative effects to small business, and now Shadow Assistant Treasurer Tony Smith has weighed in, claiming it will unfairly affect small business and high tech start up companies. The Opposition […]
Social networking usage is becoming common practise in the workplace with many employees using sites such as Twitter and Facebook to promote their business. A new survey released by Deloitte in relation to employee social networking usage has found that the majority of employers want to be able to monitor this usage. The 2009 Ethics […]
With the global economic crisis pushing down interest rates to their lowest level in 49 years, home buyers are flocking back to variable interest rate mortgages, which now account for 91 percent of the residential lending market. Mortgage broker Mortgage Choice have reported that in April basic variable mortgages accounted for 48.15 percent of all […]
BitDefender, an anti-malware security solutions company, has found that an increasing number of small and medium sized businesses are having their online security compromised, through a rise in “malware-spreading vectors.” The vectors infect small and medium businesses, allowing dangerous malware to enter a business’ network and compromise it’s security. The most recent example was the […]
Despite increasing criticism from business groups and unions about the Rudd Government’s proposed changes to employee share ownership schemes, Prime Minister Kevin Rudd is standing firm on his decision. The Government believes the move is designed to target high-income earners who are using the scheme for tax minimisation. The scheme means that employees have to […]
The majority of everyday Australians believe the Budget will be good for the economy, with the latest Newspoll showing 45 percent of participants are behind the Budget, while 33 percent believe it will be bad for the economy. However, we are less confident with Treasuer Wayne Swan’s ability to get the Budget back in surplus […]
RBA Governor Glenn Stevens has said that Australia is well placed for economic recovery and will profit from a recovery in global growth, predicted to hit by the end of the year. In a speech made to the Canadian Australian Chamber of Commerce breakfast this morning, Mr Stevens said that, while it is too soon […]
New research has found that a growing number of Aussie workers are willing to take a pay cut in order to be able to work from home. The independent research commissioned by Citrix Online and released as part of a report: ‘Worldwide Workplace: The Web Commuting Imperative’ has found that nearly one fifth of Australian […]
