Small businesses are increasingly turning to suburban accounting and legal firms for advice on insolvency and bankruptcy issues as the economic crisis takes hold. A survey conducted by Deloitte of Black Inc. Members (network providing specialist accounting and financial service advice) has found that 80 percent of clients of suburban accounting and legal firms are […]
Workplace Minister Julia Gilliard has launched a $12 million plan offering small business grants of between $5,000 and $15,000 to make their workplace more family friendly. The proposed grants have been designed to help retain staff in the economic downturn, along with boosting productivity and promoting family values in the workplace. Gillard said the grants […]
According to research conducted by WebVisible and Nielsen, reported by Marketing Charts, a large number of small businesses lack a visible online presence. The report indicates that although 63 percent of small business owners turn to the internet first for information, only 44 percent have a website, and half spend less than 10 percent of […]
Moody’s Investors Service has given Australian banks some not so good news, cutting it’s ratings outlook to negative as a result of a slowing economy and mounting debts. In the first time since the 1991 recession, Australia’s big four banks have had a negative outlook on their AA ratings. The ANZ, Commonwealth Bank, Westpac and […]
Treasurer Wayne Swan has predicted that the economy is set to nosedive even further in the next few months as the backlash of the failing US and Asian economies hits Australia. Swan warned that the collapse of output amongst Australia’s major trading partners will have a dramatic impact on our economic growth. Growth in the […]
The Council of Small Business Organisations of Australia (COSBOA), the nation’s peak representative body for small business, have announced their new CEO, Ms Jaye Radisich.
The finalists for the Veuve Clicquot Business Woman Award 2009 have been announced. The four women in the running to win the award are: Mandy Foley-Quin, CEO, Stedmans Hospitality Nicole Hollows, CEO and MD, Macarthur Coal Elizabeth Lewis-Gray, MD, Gekko Systems Naomi Simpson, Founder and CEO, Red Balloon The winner of the Veuve Cliquot Business […]
Nominations and entries are now open for the 2009 Telstra Business Awards which recognises the achievements of small and medium enterprises (SMEs). Telstra is expecting a strong interest in the awards this year with tougher economic conditions forcing businesses to be a bit more creative and innovative in their marketing strategies, along with looking for […]
The latest results from the quarterly Clarius Skills Index have predicted that if unemployment continues to rise there will be an oversupply of between 35,000 and 50,000 skilled workers in Australia by 2010. The Index indicates that skills shortages across most industries peaked in the December 2008 quarter and were likely to fall over the […]
In a clear response to the economic downturn, tougher rules have been implemented for employers of overseas workers. The tougher assessment criteria will mean that employers will have to meet a number of criteria when applying for sponsorships, nominations or visas for their workers. The criteria includes: How the position to be filled by an […]
