News
Job ads surged six percent in December, compared to the previous month, recording the strongest monthly trend rate of growth in 31 months, according to latest ANZ data. ANZ job figures released on Monday revealed that the number of jobs advertised is now 19.1 percent higher than the trough recorded in July 2009, a sign […]
Up to 95 percent of Australian employees are planning to jump ship this year and look for a new job, with the economic woes of 2009 leaving them feeling tired and disillusioned, a new survey has found.
Small and medium enterprises (SMEs) are more likely to adopt cutting-edge technologies than their larger counterparts, a new study has found.
Many Australians are unable to keep a proper track of what they spend each week, a new survey shows.
Australian consumers are starting to see the light at the end of the tunnel, expressing renewed hope for the future, the latest MasterCard Worldwide Index of Consumer Confidence reveals. The index found consumer confidence in Australia has rebounded dramatically, with Australia’s index rating surging to 69.5 compared to 24.1 six months ago (a rating of […]
With first round university offers about to be released around the country, business information analysts IBISWorld unveil the hot professions of the future. According to IBISWorld’s latest industry report, 2010 will be a boom year for Australian business, and the next five years will see significant economic growth. IBISWorld general manager (Australia), Robert Bryant, said […]
Strike action by a group of maritime workers off the West Australian coast is putting Australia’s economy at risk, the Australian Chamber of Commerce and Industry (ACCI) has warned.
A survey conducted by the Australian Retailers Association (ARA) has found that many small business retailers are still in the dark about Fair Work, with over 40 percent expecting increases in wage bills and one third planning to cut staff hours as a result. The survey of over 150 retailers found that 72 percent do […]
The ACT has topped the table in CommSec’s latest State of the States economic rankings report, while NSW dragged its heels, coming in last.
Employers and job candidates are being advised to make the most out of a strong January jobs market, as job vacancies surged 6.5 percent over December, IPA data reveals. The pace of employment growth accelerated in December, with the latest monthly data from IPA, one of Australia’s largest recruitment firms, showing job vacancies increased 6.5 […]
Retail sales remained strong in November, despite rising interest rates, latest ABS figures show. Retail sales grew 1.4 percent in November, the strongest monthly rise since March 2009. ANRA CEO Margy Osmond said strong November retail figures shows spending may be starting to realign with consumer confidence. “Up until now we’ve seen confidence lift and […]
Major policy initiatives implemented by the Federal Government in recent months will have a major impact on small to medium enterprises (SMEs), according to a respected accounting and advisory firm. Marc Peskett, partner of Melbourne based firm MPR Group, believes some major policy initiatives will have a significant impact on businesses for 2010 but will […]
Google has stepped up its efforts to trump Apple in the smartphone market, with the launch of what is being dubbed a ‘super phone’ in the US last week. Google’s Nexus One is an HTC-built phone using Google’s own mobile software platform, Android and boasts similar features to that of the Apple iPhone. It is […]
The economic woes of 2009 are a thing of the past and 2010 is a time for Australian small and medium businesses to capitalise on the opportunities presented by a strengthening economy, according to Westpac’s general manager of SME segment, Sian Lewis. “The New Year is a great time to take stock and prepare your […]
Despite an abundance of gadgets available, consumers are turning to traditional presents this year, with a new survey revealing the humble book will be the most popular present under the Christmas tree. Figures released by the Australian Retailers Association (ARA) reveal consumers are more likely to buy a book as a gift this year than […]
Shoppers are expected to fork out more than $8 billion on food and liquor this festive season, IBISWorld forecasts. IBISWorld analyst Raghu Rajakumar said shoppers were snubbing specialised food outlets to get a cheaper version of Christmas goodies at the supermarket, with the food bill tipped to hit $8 billion. Woolworths and Coles are expected […]
As house prices continue to rise, first home buyers have been searching for cheaper homes away from city centres, a new survey shows. Research by Bankwest-Mortgage and Finance Association of Australia (MFAA) found that of the 850 people surveyed, 47.9 percent of first time buyers are now looking to purchase a cheaper property than they […]
NSW shoppers have been spending up big this Christmas in comparison to last year, official Australia Bureau of Statistics data reveal. NSW shoppers have spen an extra $12 million per day compared to last year – a 10.2 percent increase. NSW Treasurer Eric Roozendaal said in a statement on Wednesday that he was confident retailers […]
Treasury secretary Ken Henry’s proposed tax reforms will help to strengthen the economy in the long term, according to a prominent business lobby group. Australian Chamber of Commerce and Industry chief executive Peter Anderson said the Federal Government has a once-in-a-decade opportunity to make sweeping changes in a major reform of the tax system, claiming […]
House prices are tipped to grow about five or six percent in 2010, according to some of the nation’s top housing analysts. Australia’s house prices grew 6.2 percent to September 2009, the latest Australian Bureau of Statistics data reveal, while investor demand and upgrader demand picked up in the last few months of 2009. BIS […]
