It seems many Australians are attempting to restore their financial health in the current climate, by saving money and paying down debt. Veda Advantage’s latest Australian Debt Report reveals almost half of the Australians with debt surveyed owed less than they did 12 months ago, while only 13 percent of Australians with debt now owe […]
Yahoo! Search Marketing has today announced a search marketing initiative for small business, investing up to $24 million in the advertising activities of Australian small businesses, entitled the ‘BIG BANG’ initiative.
Australian workers still on individual contracts are losing thousands of dollars a year, according to the ACTU, with the union body urging workers that they need an exit strategy from their Work Choices agreement. Despite Labour abolishing the Howard Government’s Australian Workplace Agreements (AWA’s), thousands of Australian workers are still locked into sub-standard pay conditions, […]
The World Bank and the IMF have said that poorer countries are being hit the hardest in the economic crisis, with the crisis turning into a “human and development calamity.” In a statement on Sunday they said that the crisis has already driven “more than 50 million people into extreme poverty.” A World Bank/IMF report […]
New research into the Australian franchise industry has suggested that franchisers are still dragging their feet when it comes to recruiting women and members of Generation Y as franchisees. The latest Franchisor Expansion Study by market intelligence organisation 10 THOUSAND FEET canvassed the opinions of over 100 Australian franchisers to determine the strategies used to […]
Amazon has joined Apple as another tech company surging in the financial crisis, reporting a 24 percent increase in profits in the quarter ending March 31. The company’s first-quarter revenue climbed 18 percent to $US4.89 billion, with cost-conscious consumers jumping online seeking competitive product prices. According to some analysts, Amazon has benefited from the downturn, […]
Federal politicians are set to receive $4,700 a year more in electorate allowances, amounting to $90 a week, three times the rate of what aged pensioners are calling for in regards to an increase to their pension. The Federal Government has flagged a mere $20 a week increase to the pension, expected to be included […]
A study conducted by InfoChoice, financial comparison experts, has found that consumers are losing interest in savings, short-changing themselves by more than $1 billion worth of interest in the past six months. According to InfoChoice, consumers are losing out by not shopping around to look for the best savings account with the highest interest rate. […]
The Federal Government’s stimulus package was always going to be a gamble, but was not expected to be taken so literally, with many Victorians gambling their cash handouts away. Victoria has seen a $30 million increase in spending on pokie machines in a month. In December last year, following the Government’s first stimulus package, pokie […]
Treasurer Wayne Swan has hinted at a possible boost to the aged pension in next month’s federal budget. The Federal Government is considering increasing the single aged pension by $20 a week, along with boosting unemployment benefits. Swan told Network Ten that the Government have recognised there is a problem with the current base rate […]
