Economy

A new study has confirmed the number of young farmers entering a life on the land is falling.

A meeting of young entrepreneurs from across the globe has agreed to a new action plan that supports start-ups and bolsters growth in the SME sector.

Australia has moved up two places on the 2014 Global Innovation Index (GII) and recorded the top ranking for trade and competition.

The competition watchdog has put business on notice, warning it will take enforcement action if cost savings linked to the government’s carbon tax repeal are not passed on.

Thanks to mass production and offshore cheap manufacturing, it’s seemingly easier, quicker, and cheaper to just replace the item, rather than seek a repair.

Many business owners shy away from taking their own enterprise to the next level. Expansion can be hard and it involves risk. However, there are a number of options that business owners should consider as they move forward. Not all of them work for every business. A shrewd entrepreneur should find the solution that works […]

On the face of it, one would assume the existence of a major shopping mall in a suburb would be a boon for other businesses in the area. Yet new data reveals that not to be so.

Clive Palmer has caused a headache for the government on carbon, but his positioning on the mining tax repeal has heightened uncertainty over a key small business tax break.

The Abbott government has suffered a humiliating defeat in the Senate at the hands of the Palmer United Party which sided with Labor and the Greens to block the repeal of the carbon tax.

According to stats from online marketplace Oneflare, following the recent wrap of Channel Seven’s House Rules, there was a tangible upswing in Aussies booking home renovation jobs.

Supermarket giant Coles has fanned further suspicion over whether it threatened suppliers into funding a new supply chain program through additional costs and ongoing rebates.

Small businesses in NSW are paying the highest electricity bills in Australia when compared with other states, despite operators spending more time searching for the best possible deal.

A gathering of key figures engaged in the SME sector was held in Canberra last week to help thrash out the basics of a proposed industry led Small Business White Paper.

One of the keys to shake-up your business in the new financial year is to keep your records up to date. Doing this increases your business’ value, provides easier access to finance and allows a better insight into how you are performing. Business policy advisor at CPA Australia, Gavan Ord, told Dynamic Business that too […]

Most Australian SMEs are not prepared for the switch to chip and PIN based card payments according to new research commissioned by PayPal Australia.

Employer groups have pushed the Fair Work Commission to modify the award system allowing more employees to cash out their annual leave by agreement.

Small business Minister Bruce Billson has announced red tape reductions to ease tax compliance costs for SMEs by up to $56 million a year.

The wealthy financial services industry is being targeted by emerging tech start-ups keen to take a share in the huge profits being generated in the sector. The founders of two of Australia’s most successful technology companies, SEEK and Atlassian, this week warned that the “insane” profits of the major banks (amounting to nearly $30bn per […]

The solution to tackling youth unemployment is to encourage entrepreneurship. At least that’s the mission of the G20 Young Entrepreneurs’ Alliance, convening in Sydney next month.

Have you ever left money sitting in a bank account for more than three years? If so, watch out. According to media reports, the government has seized a record $360 million from 80,000 idle bank accounts in the year to May.