A recent survey conducted by the Australian Institute of Management has shown that 90 percent of businesses are confident about surviving the economic crisis, and see retaining skilled staff as the number one priority for their business during the downturn.
The economic downturn seems to be having little effect on the property and construction industry with first-home buyers surging into the market, and the Housing Industry Association (HIA) predicting that housing starts will grow by 13 percent in the next year. The number of first-home buyers has increased over recent months, on the back of […]
Citrix Systems Inc. have announced a new web-based remote support service enabling individuals and small businesses to provide online technical support to their clients. According to HR Shiever, managing director of Citrix Online Asia Pacific, the web-based remote support service, GoToAssist Express, can help businesses to streamline operations and save money. “In the current economic […]
The economic slowdown has forced Australian consumers to amp up their savings, amid fears of a possible recession. According to JP Morgan chief economist Stephen Walters, households are saving their money as opposed to spending it, in order to prepare themselves for the possibility of further job losses and recession. “People anticipate that things are […]
Results from the latest National Australia Bank’s (NAB) fourth-quarter SME survey have painted a grim picture for small and medium businesses, with business conditions slumping as a result of a deteriorating economy. Conditions dipped three index points to minus-4 in the December 2008 quarter, the lowest index score since June 2006. According to NAB regional […]
Business leaders across the country are being invited to apply for the highest accolade in business, the 10th annual Chartered Accountants Business Leaders Awards. The Business Leader of The Year award recognises leaders who demonstrate visionary leadership, exhibit best practice, show innovation and take risks, foster positive employee relations and contribute to the community. CEO […]
With the economic downturn affecting business, company CEOs and senior managers have highlighted the need to increase their focus on enhancing customer loyalty. According to the CCS Business Leadership Survey, conducted by The Corporate Behavioural Specialists of 140 leaders across Australia, CEOs and senior managers found that the top 5 areas of focus for their […]
Telstra has heralded in a new era in real-time mobile communications, announcing the world’s fastest mobile broadband service—The Turbo 21 modem—today in Sydney.
Peak retail industry body, The Australian Retailers Association (ARA) has called on the Federal Government to replace the $900 stimulus package cash handout for low to middle income earners, in favour of a debit card or voucher system. The ARA, who represent about 5000 small and medium sized businesses, believes that the cash bonus will […]
Kevin Rudd’s controversial stimulus package has finally been passed by the Senate. A deal was brokered between Independent South Australian Senator Nick Xenophon and the Government, with $900 million now being promised for the Murray Darling Basin, along with $500 million for the drought-ravaged area.
