News
The global financial crisis has financial institutions running scared and looking to conduct a thorough overhaul of their risk management procedures, according to a global study conducted by Economist Intelligence Unit on behalf of SAS. The global survey of 334 financial services executives revealed only 33 percent believe their principles of risk management in financial […]
A recent study conducted by ROI Research and Epsilon has shown that investing in email marketing can have a significant impact on purchasing behaviour and customer loyalty, both online and offline. The study found that across all industries of business, 57 percent of consumers feel more positive about companies who send them email, 40 percent […]
The latest retail trade figures has revealed that small business retailers experienced a strong growth in turnover during March 2009. Smaller retailers recorded a seasonally adjusted increase in turnover of 2.9 per cent in March which compares favourably with the 2.2 per cent increase in total retail trade.” Small Business Minister Craig Emerson said that […]
If there’s one thing I can’t stand it’s rudeness and lack of manners and I encountered this on both legs of my UK/Australia trip last month. I was very lucky to be upgraded to business class (thank you, dear Emirates) for part of my journey, and the other part was spent in cattle class. Now, […]
The Australian Information Industry Association (AIIA) and Total Environment Centre (TEC) have called for a stop to e-waste, as the problem escalates out of control. The information group and environment body are calling for an urgent introduction of mandatory recycling for consumer electronic waste, with Australians generating up to 140,000 tonnes of e-waste annually, only […]
The Chamber of Commerce and Industry Queensland (CCIQ) has proposed a major shake-up of the payroll tax system, calling for the state to give businesses a 50 percent payroll tax. CCIQ have asked the Federal Government to provide the state of Queensland with $3 billion to fund the payroll tax cuts, in order to create […]
The Government’s $900 stimulus payments, or “cash splashes” as labelled by the Opposition, seem to be having quite a positive effect on the retail industry, driving retail sales higher than expected in March. According to ABS figures, sales climbed 2.2 percent, as consumers spent $19.3 billion for the month. JP Morgan economist Helen Kevans said […]
Taxpayers are facing seven years of Government debt, with the budget deficit spilling out over close to 70 billion dollars, double what was forecast by the Government in February. Federal Treasurer Wayne Swan is warning the impact of the recession will mean the budget will remain in the red for longer than initially expected, expected […]
Web hosting company OzHosting.com have announced a return to the hosting marketing with new online collaboration services for small and medium businesses. Partnering with Microsoft, OzHosting.com will allow business owners to take their business online faster through a range of self service online tools allowing them to access email anywhere through a Microsoft Hosted Exchange, […]
To celebrate its new look for Skype for Business, Skype has announced a business competition offering companies worldwide the opportunity to share their experiences on how their business relies on and benefits from its use of Skype. The competition is open to businesses in the Asia Pacific, EMEA and Americas region who use Skype to […]
In order to help small businesses confront the challenges the economic crisis has presented, MYOB are holding a series of ‘Tackling Tough Times’ seminars during May and June.
Vodafone Australia has unveiled a new range of Single Business Cap plans, enabling small businesses to utilise Vodafone’s new 3G services. The new cap offers businesses a number of new services bundled together to ensure they can always be reached no matter where they are. The Cap offers a bundle of ‘minutes’ of talk-time, text […]
Australian consumers are becoming increasingly concerned about password security and the methods organisations use to verify their identity, according to a new study by Sydney-based research company, callcentres.net. The 2009 Salmat VeCommerce Identity Verification Study highlights consumers’ fears that traditional PINs and passwords do not provide adequate protection of their personal information, with 67 per […]
Recent reports released by the Australian Taxation Office (ATO) have shown than more Australians are dobbing in others to the taxman than ever before. The ATO Tax Evasion Hotline has received 30,500 reports from the community last year, along with a further 16,000 complaints received by employees in relation to employers’ superannuation guarantee obligations. accountantsRus […]
The latest NAB SME Survey Australia – March 2009 has revealed that while business conditions for small and medium businesses are poor in every state, there are signs of optimism with business confidence for the March quarter showing moderate improvement. The survey indicated that while business conditions fell eight points and only 19 percent of […]
Aaahh … Federal Budget week. It always brings so much joy to accountants throughout Australia. Why? Because you matter who is in Government and no matter how long they have been in power, they always feel that there is a need to tinker with the tax rules. FBT, CGT, GST, Simple Super, Simplified Tax System, […]
In it’s board meeting, the RBA decided to leave interest rates unchanged as widely predicted by analysts. Official interest rates are at a 49 year low of three percent, with the RBA cutting 425 basis points from interest rates since September in an effort to stem to effects of the recession. In a statement, RBA […]
Tourism Queensland will announce the new caretaker for Hamilton Island on Wednesday, after interviews and competency tasks for the 16 candidates have been completed. The job advertisement has been a boon for Hamilton Island tourism with media from around the world following the candidates as they complete tasks, such as a swimming test. Tourism Queensland […]
Austrade chief economist Tim Harcourt believes Australia and New Zealand may become one market in the near future, if the two federal governments can agree on a single legal and tax system. “Harmonisation of the legal and tax systems will help reduce costs and improve trade inefficiencies,” he said. “Closer Economic Relations (CER) between Australia […]
It seems the global financial crisis won’t stop people spoiling their mum this Mother’s Day with Retail Decisions latest survey of gift buying habits revealing more than 62 percent of people will still spend big this Mothers Day. The survey of over 221 people across the country, also revealed that despite shoppers belief that the […]
