News

kikki.K, the ‘fashion stationary’ retailer established by Swedish born Australian entrepreneur Kristina Karlsson 10 years ago in Melbourne will open in Singapore’s Changi Airport next month.

Australian MiMedia Holdings Melbourne has signed a license agreement for its new internet radio application miRoamer with Pearl Group India, establishing a joint venture for India, Sri Lanka and Bangladesh.

Australians are placing themselves at risk of identity theft, with a recent Newspoll survey finding 75 percent of Australians regularly throw away highly sensitive information such as utility bills, bank statements, expired credit cards and application forms, without shredding or disposing of them safely.

Costco has blamed supermarket heavyweights Coles and Woolworths for slowing the retailer’s expansion in Australia, with chief financial officer and executive vice-president Richard Galanti claiming competition for bulk-goods retail sites in Australia was fierce.

Freelancer.com has launched its successful online freelance outsourcing site in Australia, bringing over 1.8 million professional freelancers from around the world to the fingertips of Australian businesses.

Employees in Ballarat have through the Fair Work Ombudsman been back-paid over $53,000 after an FWO ombudsman investigation found they had been underpaid.

Australia’s construction industry continues to contract, with September marking the fourth consecutive month that construction activity has fallen.

The Australian dollar has broken US98c, trading at US$0.9845 after the Australian Bureau of Statistics revealed strong employment numbers for the month of September this morning.

Australia’s unemployment rate for September has remained at 5.1 percent, however almost 50,000 more people gained employment during the month according to the Australian Bureau of Statistics.

Securency, the Reserve Bank of Australia subsidiary that sells Australia’s polymer note currency system to the world has seen the RBA raided as part of an international investegation into alleged corruption and bribery involving Securency.

The Australian dollar is set to break US98c after trading as high as US$0.9792 this morning on the back of concerns the United States Federal Reserve will reflate the currency.

South Australia’s Top 100 SA Companies Index has been released, showing aggregate revenue of $21.03 billion dollars this year for the state’s top 100 companies, versus $20.62b in 2009 and $22.6b in 2008.

A few months back, I saw how the much anticipated launch of the iPad saw people lining up to get their hands on one. More recently, I received my new iPhone. This has got me thinking about how doing business has changed so much in the last decade. And while all these new gadgets are meant to make us work smarter, are they instead making us work harder?

South Australian restaurants are rejecting plans to place food safety notices on the doors of eateries in the state, following a successful ‘scores on doors’ scheme in New South Wales.

Skype has released Skype for Android, a mobile app built for Google Android mobile phones running Android OS version 2.1 or above, with the app available from the Android Market.

Women have made no significant gains in their representation among ASX 200 companies or in key executive positions over the last eight years concludes new research by the Equal Opportunity for Women in the Workplace Agency (EOWA).

Direct Factory Outlet founders David Wieland and David Goldberger are demanding an inquiry into ACCC chairman Graeme Samuel, The Australian reports.

An alcohol filled lunch is still seen as the best way to seal a business dea, according to more than a quarter of respondents in an online survey by Corporate Traveller.

7-Eleven Stores Pty Ltd is now the third largest private company in Australia, after it announced that it has completed the acquisition of Mobil Oil Australia Pty Ltd’s retail fuels business, after signing a deal to buy Mobil’s retail arm in May.

Coraggio has appointed Andre Koolloos to the role of CEO as it gears up for national expansion.