News

The Reserve Bank of Australia’s decision to hold interest rates at 4.5 percent is welcomed by home owners still struggling after the sharp increases in interest rates earlier this year.

Expectations amongst business owners and executives for the new financial year are lackluster at best, with six key indicators of business strength declining
since the previous quarter.

It’s been tough going recently for small businesses in terms of initiatives introduced by the Government. While it may seem the Government is acting for the greater good, small business will bear the brunt of many of these changes.

The Reserve Bank of Australia has decided in it’s monthly board meeting today to leave interest rates on hold at 4.5 percent as it waits on second quarter inflation data from the ABS.

Vodafone Hutchison Australia (VHA) have discovered email marketing campaigns that included customer ratings and reviews attained a 40 percent higher click-through rate, which correspondingly turned into higher transaction numbers from electronic direct mail campaigns.

Employers are warned about a potential spike in staff turnover as the end of the financial year means staff bonuses and salary changes start hitting employee bank accounts.

Accounting and business advisory firm, Hall Chadwick, has established a link with China’s biggest domestically owned accounting firm, ShineWing Certified Public Accountants.

National Australia Bank (NAB) has joined rivals Westpac and StGeorge Bank in paying employees superannuation on unpaid parental leave.

Both Deputy Prime Minister Wayne Swan and Federal Opposition leader Tony Abbott will address the COSBOA National Small Business Summit in Brisbane this week.

A wave of fraudulent emails purporting to be from the Australian Government are in circulation currently, reportedly concerning Tax Refunds and the end of financial year.

Accountants remain the trusted advisers to Australian small business with almost 70 percent of business owners claiming they would consult their accountant on business decisions.

Ray White CBD Residential has acquired inner city rental business Marshall of Brisbane CBD Pty Ltd, expanding its foothold in the inner city residential rental market.

Job ads grew by 2.7 percent in June, following an increase of 2.7 percent in May according to the latest data in the ANZ Job Advertisements Series.

Businesses that use Apple’s iPhone are warned they might encounter trouble with their exchange servers once updating their iPhone’s to the latest iOS4.0 operating system.

Melbourne Medical Deputising Service (MMDS) has won the top honours in the 2010 Telstra Victorian Business Awards.

The services sector continues to contract, with a fall in new orders and decreasing selling prices keeping the services sector in negative territory in the June Performance of Services Index.

Female, baby boomer with a supply of working capital and a coffee machine – that’s the profile of a hospitality success story, according to a new industry index.

The Australian job market has stagnated in June after rebounding 5.47 percent in May, according to the latest Advantage Job Index online job ads figures.

Resources Minister Martin Ferguson will meet with second-tier mining company executives today to discuss the federal government’s Minerals Resource Rent Tax.

New figures released by the ABS indicate that the number of Australian retail sales rose again in May, marking the industry’s third consecutive monthly gain.