The Commonwealth Bank has announced a new initiative for online small and medium businesses, allowing them to develop, integrate and manage their online shop front, including online payment facilities. Commonwealth Bank eVolve is a transactional services platform designed for small and medium business owners who want a versatile online payment facility as well as a […]
Following Access Economics Business Outlook report that pointed to the NSW economy as the worst performing in the country, the NSW Business Chamber has today announced a campaign to improve the NSW economy. The campaign, NSW: Reclaiming 1st is aimed at re-energising public policy debate in NSW. “Business wants NSW to lead from the front. […]
Access Economics latest Business Outlook report has identified New South Wales as the worst performing state economy in Australia. The state is in bad shape, but will come as no surprise to residents, with bad Government policies dogging the state for some time. According to Access Economics NSW commercial construction is weak, and the pace […]
A growing number of small businesses are taking longer and longer to pay their debt, and according to QLD based small business financial advisor, Sue Winstanley, the bigger they are, the worse it’s going to be for small business. Ms Winstanley works with many small businesses across the country improve their cash flow and has […]
Facebook have recently announced a slew of changes to the social networking site, in a bid to compete with new social networking sensation Twitter. On the agenda is an Open Stream API which will allow third-party developers to write programs that use Facebook’s data. It will give programmers direct access to pictures, video and text […]
The Tourism and Transport Forum has said that up to 29,000 tourism jobs could be lost as a result of the global recession. The tourism industry who directly employs up to 500,000 people across the country, could be hit hard if recent reports by Access Economics are correct. Access Economics latest Business Outlook report has […]
A high number of Sydneysiders are defaulting on their mortgages, as the unemployment rate continues to climb. One in 16 homeowners are defaulting on their mortgages, with the top area in NSW for mortgage defaults coming from Nelson Bay, north of Sydney, News Limited reports. According to a study compiled by University of Western Sydney’s […]
Qantas has signalled they may have to remove some business class seats from their flights, as profits drop amid the economic crisis. In an interview with Bloomberg Television, Qantas chief executive officer, Alan Joyce said, “ideally in the current environment, we wouldn’t have as many premium seats as we have.” The airline’s business class sales […]
Access Economics is predicting unemployment will soar beyond eight percent by the end of 2010. In its latest Business Outlook report, the economic forecaster said it expects close to one million Australians will be unemployed by late 2010, however the recession will be less severe in Australia than its counterparts. “There are key reasons to […]
Online retailer CatchOfTheDay.com.au is attempting to set a retail record, so to speak, by attempting to sell $1.5 million of Samsung LCD TVs online in less than 24 hours. With over 250,000 dedicated followers, the website is showing no signs of slowing in the current economy, as consumers jump online for cheap deals on various […]
