News
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 […]
The latest Dun & Bradstreet National Business Expectations Survey for the June 09 quarter has recorded a negative outlook for profits, sales, capital investment and employment expectations, with many businesses adopting a “wait and see” approach as to whether the government’s stimulus package will have a positive effect on the economy. The results of the […]
Think Global Consulting is encouraging businesses to consider exporting to BRIC countries (Brazil, Russia, India and China) as there is a wealth of potential in these nations. In order to help small business owners, entrepreneurs, creators and innovators learn how to do business in the BRIC and other emerging countries, Think Global have created a […]
At a time when many businesses are cutting back on marketing and advertising, online men’s gift store Gifts for Blokes is booming, using the downturn to invest in its Customer Rewards program. According to Gifts for Blokes founder Heather Winchcomb, the economic downturn should be seen as an opportunity to plan ahead for growth. “In […]
In order to support the economy and Australian jobs, the Rudd Government has unveiled a new $650 million Jobs Fund to support jobs, build skills and improve facilities in local communities. The new Jobs Fund is part of the Rudd Government’s Jobs and Training Compact, which builds on the $42 billion stimulus package. The Jobs […]
WARNING TO MEN: This blog is about PERIODS! EEeewwww! You can’t beat a nice tampon press release first thing on a Monday morning. “Put an end to ‘impromptu’ shopping trips for tampons” reads the title of my latest media release of note. It did make me laugh, as well as squirm. It was telling me […]
As we all know, communicating and marketing via the online medium is hotting up. It seems to have reached a frenzy in 09 with business owners and marketing managers wanting to be involved in the frenzy and the PR and Advertising industry trying to keep up and offer clients effective social media marketing solutions. This […]
The Australian market has risen strongly over the past 17 trading days since the low on 10 March and it looks as if the rise is set to continue. As a comparison, the market rose for 32 trading days following the previous long term low in March 2003 before falling for two weeks and then […]
It seems people still have cause to celebrate in the downturn, with Champagne Gallery winning the Best Online Retail Category at the Australian Interactive Media Industry Association (AIMIA) 2009 awards. Speaking of the champagne website’s success, Champagne Gallery’s conservateur de champagne, David Donald said that the champagne market has grown substantially in the past year, […]
With the government’s new emissions trading scheme shedding light on the environment and the climate change crisis, small businesses are being encouraged to address their environmental impact and look at ways to improve their business operations. Joe Cincotta, director of SaaS Mentor believes that the introduction of the emissions trading scheme in July of next […]
