News
China’s economy is on the road to recovery, according to China’s central bank. Yi Gang, vice governor of the People’s Bank of China said the stimulus package had kicked in and the nation’s economy is showing signs of improvement. “The second quarter and the remainder of this year will continue this recovery trend,” he said. […]
The Government’s decision not to extend the First Home Owners Grant beyond the June 30 2009 deadline could have serious consequences for the Australian economy, with the potential to cause substantial job loss. The Master Builders Association (MBA) has predicted that there will be substantial job losses in the Western Australian economy if the Government […]
Young innovators and entrepreneurs between 18 and 35 are being encouraged to enter the Science and Innovation Awards 2009. The competition is open for young people in Agriculture, Fisheries and Forestry with a great idea that will help boost the industries. There are 13 award categories up for grabs: animal welfare, dairy, eggs, emerging and […]
The Rudd Government have ruled that the first home buyers grant will not be extended past its June 30 deadline, despite industry groups urging the Government to extend the grant. The grant has been successful in luring many first home buyers into the market, and has helped to boost the economy. Mortgage Choice chief executive […]
Symantec Corp have announced the launch of Symantec Endpoint Protection Small Business Edition, designed to provide online security for small business that’s easy to set-up and use. Designed for small business customers who want comprehensive protection that is straight forward to install, deploy and manage, Symantec Endpoint Protection Small Business Edition offers built in tools, […]
PowerBuy, an online service designed to help small business save money on their IT costs, have announced the launch of exclusive Lenovo cash-back offers to PowerBuy small business members. PowerBuy cash-backs are available on the range of ThinkServer (server) and ThinkStation (desktop PC) products as well as the premium W-series laptops. Businesses simply need to […]
In order to help small businesses speed up in the economic slowdown, Google Australia has today unveiled a business stimulus, offering small businesses a free $75 search marketing campaign, to help them reach new customers and drive sales in tough times.
The South Australian budget will be the toughest for business in 40 years, according to Business SA as the global financial crisis reaps havoc on the local economy. Business SA chief executive Peter Vaughan says a survey shows business confidence in SA has dropped to its lowest level since 2001. “The Government had an enormous […]
The International Monetary Fund (IMF) is predicting Australia’s economy will contract 1.4 percent this year, as unemployment continues to rise. The IMF’s latest World Economic Outlook has predicted a dire outcome, not just for Australia, but the world, with the global economy predicted to shrink by 1.3 percent. It has drastically downgraded its outlook for […]
SPAM. We all know it. We all loathe it, and no I am not talking about the “faux” ham. I am talking about those annoying emails that somehow creep their way into your inbox and in one hit infiltrate your system and before you know it, your computer is infected and it’s virus central. According […]
Kwik Kopy Ringwood, in Victoria has been named as the Kwik Kopy Australia Franchise of the Year 2009, as the company’s annual conference. The winner of the award, judged by senior management at Kwik Kopy Australia, is chosen on the basis of meeting or exceeding a number of key performance indicators. David Bell, managing director […]
The Asia Pacific Privacy Authorities (APPA) have announced Privacy Awareness Week will take place on May 3 – 9 across the Asia Pacific, with a theme of “Privacy: where do you draw the line?” and are encouraging all businesses to attend. The Week will see a variety of programs and initiatives hosted by public and […]
Nearly 130,000 Australian businesses have had their risk profile downgraded since October 2008, with many now at a higher risks of experiencing financial distress over the next 12 months as the economy deteriorates further, according to Dun & Bradstreet. The figure is the largest number of downgrades Dun & Bradstreet have had to perform ever […]
Yahoo has recorded an 80 percent drop in first quarter profit as online advertising slows, with many companies reducing their marketing spend in light of the financial crisis. Yahoo said first-quarter net income fell to $US117.6 million ($165.7 million), from $US536.8 million in the same period a year earlier. The decline is said to be […]
First home buyers are flooding into the market aided by low interest rates and the first home buyers grant, however this is causing a considerable amount of debt, with the average first home buyer borrowing $51,000 more than those who took out a mortgage 12 months ago. New analysis conducted by first home buyer website, […]
Research conducted by Universities Australia has indicated that investing in higher education could boost the economy. The KPMG study estimates the return on investment in higher education to be 14-15 percent, double the benchmark set for good investment at the long-term bond rate of 6-7 percent. Universities Australia has called on the Government to invest […]
The Federal Government is set to crack down on tax cheats, who exploit legal loopholes, in order to create more jobs and boost the economy. According to News Limited reports, the Government will target tax breaks used by the wealthy. One tax measure being considered by the Government is abolishing a loophole that allows hobby […]
A Senate inquiry into the Government’s proposed Emissions Trading Scheme (ETS) has heard the scheme should be put on hold until the economy recovers, according to Caltex Australia Ltd. spokesman Frank Topham. He said emissions were less likely to rise during tough economic times and a delay would be appropriate. “We believe (the ETS) should […]
The ANZ’s decision to provide specialist assistance to small businesses experiencing difficulties in the current climate, has been welcomed by Federal Small Business Minister Craig Emerson. Last week Dr Emerson met with representatives of the major banks and the Australian Bankers Association to discuss ways that the banks can reach out to small business, and […]
The National Independent Retailers Association has called for a third round of economic stimulus from the Federal Government, specifically targeted to small business. According to Assosciation president Bob Stanton, recent cash injections have only assisted big business and supported overseas product suppliers, and that more should be done to boost the small business sector. However, […]
