News
Small businesses are increasingly turning to suburban accounting and legal firms for advice on insolvency and bankruptcy issues as the economic crisis takes hold. A survey conducted by Deloitte of Black Inc. Members (network providing specialist accounting and financial service advice) has found that 80 percent of clients of suburban accounting and legal firms are […]
Workplace Minister Julia Gilliard has launched a $12 million plan offering small business grants of between $5,000 and $15,000 to make their workplace more family friendly. The proposed grants have been designed to help retain staff in the economic downturn, along with boosting productivity and promoting family values in the workplace. Gillard said the grants […]
According to research conducted by WebVisible and Nielsen, reported by Marketing Charts, a large number of small businesses lack a visible online presence. The report indicates that although 63 percent of small business owners turn to the internet first for information, only 44 percent have a website, and half spend less than 10 percent of […]
Moody’s Investors Service has given Australian banks some not so good news, cutting it’s ratings outlook to negative as a result of a slowing economy and mounting debts. In the first time since the 1991 recession, Australia’s big four banks have had a negative outlook on their AA ratings. The ANZ, Commonwealth Bank, Westpac and […]
Treasurer Wayne Swan has predicted that the economy is set to nosedive even further in the next few months as the backlash of the failing US and Asian economies hits Australia. Swan warned that the collapse of output amongst Australia’s major trading partners will have a dramatic impact on our economic growth. Growth in the […]
Written by Phillip Waite Alarmingly, almost half of the businesses in Australia that go bankrupt do so because of their own deficiencies – they do not develop the basic internal strengths to survive. Given the current state of global economies, now more than ever, innovation has become fundamental to building this internal survival strength. Most […]
For once, I’m not whingeing. In fact I’m delighted to find out about the appointment of COSBOA’s new CEO, the young politician Jaye Radisich, today. She promises to bring a fresh energy to tackle small business issues and, at such challenging times economically, it couldn’t be a better time to have a politician at the […]
The Council of Small Business Organisations of Australia (COSBOA), the nation’s peak representative body for small business, have announced their new CEO, Ms Jaye Radisich.
I am a big fan of reality TV and I don’t care who knows it or thinks any less of me, intellectually speaking, as a result. I am a huge fan of The Biggest Loser. I love watching those overweight people giving it their best and slowly but surely, with a lot of hard work, […]
The finalists for the Veuve Clicquot Business Woman Award 2009 have been announced. The four women in the running to win the award are: Mandy Foley-Quin, CEO, Stedmans Hospitality Nicole Hollows, CEO and MD, Macarthur Coal Elizabeth Lewis-Gray, MD, Gekko Systems Naomi Simpson, Founder and CEO, Red Balloon The winner of the Veuve Cliquot Business […]
Nominations and entries are now open for the 2009 Telstra Business Awards which recognises the achievements of small and medium enterprises (SMEs). Telstra is expecting a strong interest in the awards this year with tougher economic conditions forcing businesses to be a bit more creative and innovative in their marketing strategies, along with looking for […]
The latest results from the quarterly Clarius Skills Index have predicted that if unemployment continues to rise there will be an oversupply of between 35,000 and 50,000 skilled workers in Australia by 2010. The Index indicates that skills shortages across most industries peaked in the December 2008 quarter and were likely to fall over the […]
In a clear response to the economic downturn, tougher rules have been implemented for employers of overseas workers. The tougher assessment criteria will mean that employers will have to meet a number of criteria when applying for sponsorships, nominations or visas for their workers. The criteria includes: How the position to be filled by an […]
According to a global study conducted by TNS, the global financial crisis has baby boomers running scared, with 44 percent of Australia boomers hinting they will have to postpone their retirement. The study looked at how the global financial crisis is affecting consumers in five key countries – the UK, France, Germany, the US and […]
With the sacking of 1850 Pacific Brands workers, the manufacturing industry is suffering and small businesses are the worst affected according to trade and industry consultant Martin Feil. According to Feil, federal and state manufacturing policy should place more emphasis on small business, as its current focus is on big business. “We’ve got hundreds of […]
Critics have labelled the payouts of Telstra CEO Sol Trujillo and Pacific Brands chief executive Sue Morphet as ‘greedy’ ‘obscene’ and a ‘corporate crime.’ After announcing he would leave Telstra in June, Sol Trujillo has received a $30 million golden handshake, despite the sacking of thousands in his time at the top. This follows news […]
At the Jobs Summit in Sydney yesterday, retailers called on the NSW Government to do more to support jobs during the economic downturn and reduce business costs. They prepared a ‘wish list’ which included full deregulation of trading hours, reducing red tape and dedicating 15 percent of the recently announced 175,000 traineeship places for the […]
Now you can Tweet us, Digg us and follow us on Facebook to your heart’s content. Here at Dynamic Business, we’re embracing social media and encouraging you to keep an eye on us!
The Australian National Retailers Association (ANRA) has advocated a plan to cut payroll tax, with the possibility of saving cash strapped employers upwards of 55,000 jobs. The plan by the ANRA would see the burden of payroll tax on jobs cut by almost 25 percent, with the cost of this tax relief shared equally between […]
As banks are increasingly tightening credit, Australia’s largest non-bank provider of cash flow finance, Scottish Pacific Benchmark (SPB) is offering finance for small businesses who may be struggling to find the working capital they need. With more than $50 million available to new clients, SPB’s cash flow finance allows small businesses to draw down against […]
