News
Business industry expert Taine Moufarrige has predicted that the “nimbleness” of small and medium sized businesses will enable them to flourish in 2009 and pull Australia out of recession. This comes off the back of news that Servcorp, the world’s finest serviced office and business solutions company, has posted positive half year results, with a […]
First maternity leave, now the Federal Government’s emissions trading (ETS) is under threat with business association the Australian Industry Group (AIG) calling for postponement of the scheme to 2012. AIG chief executive Heather Ridout says businesses need more time to prepare, and due to the economic climate, it may be less feasible to implement the […]
Calls from unions to ‘Buy Australia’ to stem job losses and save what’s left, has been dismissed by industry groups, claiming it won’t stop jobs from being cut. The Textile, Clothing and Footwear Union has urged the Federal Government to guarantee redundant workers full entitlements and suggested that people buy Australian goods to support local […]
On the back of news that Pacific Brands will axe 1,850 jobs, phone companies Nokia and Vodafone and property developer Lend Lease have announced plans to shelve thousands of jobs, the latest companies to fall victim to the economic crisis. Lend Lease yesterday announced plans to cut 2,000 jobs worldwide, with 20 percent of the […]
Department of Family and Community Services head Jeff Harmer will submit a review this week, with an expected recommendation to increase the single aged pension by up to $35 a week. The estimated cost to the government will be $2 billion a year for every $10 a week increase. The Productivity Commission’s final report on […]
New research by CareerOne.com.au suggests that the conventional two-tier model of active vs. passive job hunters is now out of date. The research, contained in CareerOne’s report Hunting The (Hidden) Hunters – A New Approach To Activating Australia’s Latent Job Hunters, introduces the C1-7 model, a new seven-segment needs-based model. The research has implications for […]
Despite uncertainty about economic conditions, individuals surveyed from higher income households in Australia view 2009 as a good year for investing, according to the Visa Spending Patterns and Perspectives of High Income Households Survey. The majority of respondents appeared to be looking beyond the financial turmoil with 60 percent saying they were likely to set […]
Remote access and support experts LogMeIn, have expanded into Australia and New Zealand with the opening of a Sydney office, the company’s first in Asia Pacific. LogMeIn has seen significant adoption of its remote access solutions in the region and is investing to further support the company’s existing customers and drive new adoption among consumers, […]
Despite the tough economic conditions experienced by many SMEs across the country, Victorian businesses proved resilient in the last quarter of 2008. The state fought off the downward pressures to be one of the best performing states in the NAB SME Survey Australia – December 2008. The latest results show NAB’s business conditions index for […]
Telstra CEO Sol Trujillo will leave the company later this year to return to the United States, it was announced today. Telstra chairman Donald McGauchie said Trujillo and the Board agreed that now was a suitable time for a transition to a new CEO given Telstra’s transformation is well advanced and on track. The Board […]
Sometimes it’s inevitable—you have to deliver bad news in the workplace—but how you do it may make the world of difference. “When you have to deliver bad news to someone, it’s not what you say or what even what you do, but how you say it. The worse the news, the more important it is […]
Analysis of Symantec‘s February intelligence report highlights that although spam dropped by 1.3 percent, levels rose dramatically when spammers tried to cash in on Valentine’s Day and the financial crisis. “February saw the spammers pulling at both the heart and the purse strings with the emphasis on Valentine’s Day and the global recession,” said senior […]
Forget networking and business card exchanges. Brisbane businesswomen are aiming for wealth, business success, personal fulfillment and contribution, says business leadership expert Mia Munro. She cites a global entrepreneur research study that found the number of female entrepreneurs increased from 48 percent to 71 percent in 2008. Her organisation, Entrepreneurial Women in Action (EW), is […]
A recent survey conducted by the Australian Institute of Management has shown that 90 percent of businesses are confident about surviving the economic crisis, and see retaining skilled staff as the number one priority for their business during the downturn.
The tight venture capital market, brought on by the global financial crisis, and the withdrawal of the Federal Government’s Commercial Ready grant last year have threatened the viability of start-ups with research and development projects. Spokesperson for GBS Ventures Brigitte Smith says the majority of companies in the life sciences sector have less than a […]
The economic downturn seems to be having little effect on the property and construction industry with first-home buyers surging into the market, and the Housing Industry Association (HIA) predicting that housing starts will grow by 13 percent in the next year. The number of first-home buyers has increased over recent months, on the back of […]
Results from Australia’s first trial of contactless mobile phone payments show a strong appetite for the technology and give Telstra, National Australia Bank and Visa the impetus to continue to work towards commercialisation of the technology. The three-month trial at Melbourne’s Docklands saw consumers download the NAB Visa credit card software application to their Telstra […]
With thousands of businesses expected to collapse this year and thousands more under pressure, is life:work balance possible for business owners? Most research on life:work balance focuses on employees—but what about business owners? This question is at the heart of the New Norma.com study of women entrepreneurs and business owners, launched this week. The two […]
Last week I was reminded of a quote by Warren Buffet who stated following the extreme market pull in 1974 that we are fearful when others are greedy and greedy when others are fearful. Times have definitely changed, and people have swung from the greedy heights of the long bull-run between 2003 and 2007 to […]
Citrix Systems Inc. have announced a new web-based remote support service enabling individuals and small businesses to provide online technical support to their clients. According to HR Shiever, managing director of Citrix Online Asia Pacific, the web-based remote support service, GoToAssist Express, can help businesses to streamline operations and save money. “In the current economic […]
