News

Qantas plans to embark on a major cost cutting scheme, after reporting a 90 percent plunge in profits.

Former chief executive of James Hardie, Peter Macdonald has been banned from managing a company for 15 years and fines $350,000 for breaching the Corporations Act.

A slump in the property market has seen the profits of developer Lend Lease decline, posting an annual after-tax loss of $654 million.

The Australian Institute of Employment Rights (AIER) is today launching a workplace ‘how-to guide’ for Australian employers, following its submission to Federal Government this week calling for national best-practice guidelines for workplace culture and employment rights to be established.

The Rudd Government’s small business support line is set to cost taxpayers $10 million over two years and has almost no value to small business, claims Shadow Small Business Minister Steven Ciobo.

The Frankston franchise of promotional business EmbroidMe this week announced their two global wins at the United Franchise Group (UFG) trade show: Mentor of the Year and the EmbroidMe International Top Quality Award.

Telstra has been fined by the Australian Communications and Media Authority (ACMA) after ones of its call centres contacted people on the Do Not Call Register.

The ACCC has instituted proceedings against Allphones for breaching court orders.

Right now we’re seeing a lot of headlines asking “is it really over?”, as economists call an end to the worst of the financial crisis.

Alchemy Innovation Development, in association with the NSW Department of State and Regional Development (DSRD), is calling on NSW-based SMEs to participate in the Stepping Up – Preparation for an Equity Capital Raising program.

The number of Australian borrowers unable to repay their debts is set to rise in the coming months according to Reserve Bank assistant governor Malcolm Edey.

For the first time in the 17-year history of the Telstra Business Awards, three micro-businesses (with less than five staff) are in contention for this year’s National Telstra Business Award.

Despite rising business and consumer sentiment, the worst is still not over and we have a long way to recovery, says a leading business group.

The theme for the 2009 International Small Business Congress (ISBC) will be ‘Rebuilding the World’s Economy’, capturing the idea that global economic recovery will come from the efforts of a number of small businesses engaging with each other at a local and international level.

Yellowpages.com.au has used its online data to to gauge how Government rebates have impacted consumer online activity.

Nabbusiness, a division of NAB Business Banking that services small to medium sized businesses announced it has exceeded $100 billion in total lending to SMEs.

Pension fund members finally have something to cheer about, after seeing positive returns for their superannuation over the final four months of the 2008/09 financial year, following two years of watching their retirement savings diminish.

Brisbane-based firm The Mardent Group are set to hold a business buyers workshop to help potential buyers with little business experience buy with confidence.

US publishing group Reader’s Digest has announced it will file for bankruptcy as the company sinks under piles of debt.

Loyalty is the key to winning online customers, according to the executive director of Salmat Digital, Paul Marshall.