News
The Australian National Retailers Association (ANRA) has welcomed the Reserve Bank’s latest cut to interest rates, believing that it is a modest, but necessary step to sustain economic growth. The retail body believes that while the cut of 25 basis points (a quarter of a percent) to take interest rates to an all-time low of […]
St George Bank has continued its support of small business by running the second annual Small Business Mentor Program, together with business coaching organization, ActionCOACH. The mentor program aims to provide businesses with an opportunity to gain practical advice on how to achieve business success, covering everything from business planning, recruitment and time management, to […]
With unemployment reaching record highs, MYOB is encouraging small to medium businesses to focus their attention on finding and retaining high quality staff in the downturn. MYOB CEO Tim Reed believes small businesses will need to be fully equipped to handle issues brought on by the economic downturn and come out on the other side […]
The economic crisis has led to an increased interest in Australians taking on contract work, according to a Robert Walters survey. The survey of over 4,288 respondents from 17 countries found that 59 percent of Australian respondents said they would be happy to take on a contract role, as opposed to a worldwide average of […]
Time is running out for small to medium businesses to nominate themselves or other businesses, for the 2009 Telstra Business Awards. With only two and a half weeks to go until the extended entry deadline of Friday 24 April, Telstra Business Group managing director and Telstra Business Awards ambassador, Deena Shiff is encouraging small businesses […]
A new Australian-first website for women in home business has been launched to provide helpful advice for women wanting to start their own home business, or for those already working from home and seeking greater success. Home Biz Chicks is designed to provide women with the support, guidance and motivation needed to start a home […]
With the economic downturn affecting the travel industry, Flight Centre has forecast its profits will fall by more than two-thirds in the next year. In a statement on Tuesday, the travel agency network said it expected to report a net profit of between $36 million and $44 million for the year to June 30 2009, […]
The Government’s proposed $43 billion national broadband strategy has come into question, with the Opposition sceptical of the Government’s ability to raise so much money in a global recession, along with making broadband affordable for Australians. The Government abandoned its plan for a smaller, privately built network, instead opting to deliver a super-fast broadband to 90 […]
A study conducted by the University of Melbourne has found that surfing the web at work makes employees more productive, as it sharpens their concentration. In a blow to employers everywhere, the study found that people who use the Internet at work are nine percent more likely to be productive than those who don’t. According […]
The Australian Chamber of Commerce and Industry has predicted that unemployment will reach 9 percent by mid 2010. The news comes as the business group released their latest survey of investor confidence. Sales and profitability have fallen to 11 year lows, and business conditions have slumped to an all time low. The chamber’s directory of […]
The National Australia Bank (NAB ) has signalled it won’t pass on the recent cut to interest rates made by the Reserve Bank on Tuesday, with the bank keeping its standard variable mortgage interest rate at 5.74 percent. The Reserve Bank yesterday cut interest rates by a quarter of a percentage point to a 49 […]
Dear readers, I’m off to the UK for a few weeks to fine tune my whiney, complaining, cynical, up-on-my-high-horse whingeing skills in order to provide you with the most authentic Whingeing Pom value for money. Can’t have your country making me all easy going and optimistic, now can we? While I’m away I’ve organised for […]
In its board meeting today, the Reserve Bank of Australia lowered interest rates for the fifth consecutive time since October of last year, by 25 basis points, taking the interest rates down to 3 percent. RBA Governer Glenn Stevens said in a statement that the interest rates were lowered as a result of a deteriorating […]
The second round of the Federal Government’s $900 stimulus payments to 8.7 million taxpayers have started flowing into bank accounts, with the first cheques to arrive in the mail on Wednesday. According to Australian Tax Office second commissioner Jenny Granger, payments will be made in random order based on postcodes. The ATO has received more […]
As the RBA meets today to decide whether interest rates will be reduced, following their decision last month to keep rates steady at 3.25 percent, Treasurer Wayne Swan has urged banks to pass on any cut in official rates today to struggling homeowners. “We do acknowledge there’s a complex set of factors out there and […]
As the economic crisis takes home, companies are looking to reduce their spend on fixed salary and short-term incentive budgets over the next 12 months, according to a survey conducted by global consulting provider Mercer. The survey of 352 companies, indicated that national salary budgets have declined from five to four percent in the past […]
Japan have announced a stimulus package worth $140 billion, to rescue the economy from its worst crisis since World War II. The package comes on top of stimulus measures unveiled in October worth 75 trillion yen. Japan’s economy logged its worst performance in almost 35 years in the last quarter of 2008, shrinking at an […]
In recent weeks, a number of reports have been circulating about the online presence of small business – or lack thereof. Results of the latest MYOB small business report highlight just how widespread the problem is, with 60 percent of small businesses missing out on online opportunities by not having their own business website. This […]
Hitachi Australia have announced a partnership with the Powerhouse Museum, installing four Hitachi Starboard FX DUO-77 interactive whiteboards and CP-A100 ultra-short throw projectors in the Museum’s digital workshops. The Starboards are designed to facilitate creative learning and allow students to become more interactive when developing sound, video and image projects. The projectors, when used in […]
Western Australia’s top business leaders under the age of 40 were recognized for their efforts at the ’40 under 40′ awards dinner over night. Bronwen Parsons, general manager of AddWealth came out as the winner, awarded for her proven track record in sound business practice, professionalism, staff management, business development strategy and sales volume. Bronwen […]
