Prime Minister Kevin Rudd has urged business leaders to be more charitable and not to cut down on corporate philanthropy during the economic downturn. At the Australian Davos Connection’s Philanthropy Summit in Sydney over the weekend, Mr Rudd said corporate charity would help to boost the economy along with aiding struggling communities. “There is unfolding […]
A new survey commissioned by Optus Business has found that size really does matter when it comes to business wireless access, with large organisations more likely to provide staff with laptops, while small business employees are given smartphones. The survey of over 250 Australian businesses, found that 37 percent of large businesses will provide employees […]
China’s 4 trillion Chinese Yuan (AUD 905 billion) stimulus package is doing wonders for the economy, said China’s Premier Wen Jiabao on Saturday at the Boao Forum, despite the fact that the Chinese economy is slowing. According to the Premier the stimulus package is working “better than expected” and he is confident that China can […]
Treasurer Wayne Swan has urged banking executives to take a pay cut in order to get back in the good books with the Australian public. Australians are quickly losing faith in the banks, as credit for small business dwindles, with the big banks refusing to pass on the recent cut to interest rates made by […]
A recent report conducted by the Productivity Commission has shown that paid maternity leave would boost economic activity and create thousands of jobs. Labor is under increasing pressure to fund paid maternity leave in the next budget, after the report backed 18 weeks taxpayer-funded leave, paid at the minimum wage of $544 a week. An […]
The weakening global economy is having a severe affect on Australian exporters, with export prices declining by six percent in the March quarter hurting both national income and economic growth. The decline is the fastest since June 2003, with terms of trade (the ratio between export and import prices) falling by nearly two percent in […]
As part of the ‘No Leave, No Life’ program encouraging Aussie workers to use up their accrued leave on a local Aussie holiday (read full story here), Tourism Australia have developed an Employer Toolkit, giving employers advice and information on how they can help their staff find a balance between work and life. The Employer […]
The Australian Retailers Association (ARA) has called on the big banks to do more to support small business. The big banks have been under the spotlight in recent weeks following their refusal to pass on the latest cuts to interest rates to consumers and business. Business lending remains tight, and the ARA believes that the […]
With experts touting the economic crisis as an opportunity to grow, businesses are turning to online retailing as a cost-effective way to promote their activities. One company that has found much needed success through their internet strategy is dStore, Australia’s largest online shopping store. dStore CEO Andrew Cooper spoke to Jessica Stanic about the benefits […]
Asserting it’s dominance as the leader in the search engine market, Google has reported a rise in quarterly net profit, at $US1.42 billion ($A1.95 billion) compared with $US1.31 billion ($A1.8 billion) in the corresponding quarter last year. However the internet search giant says that revenue has declined for the first time in consecutive quarters. Google […]
