News
A survey of 70 QLD leaders conducted by the CEO Institute has shown that the economic downturn is having a serious affect on business, with 88 percent of leaders believing that economic conditions will not improve until 2010. CEO Institute chief executive officer in QLD, Sue Forrester, has indicated that businesses are now working harder […]
Opposition Leader Malcolm Turnbull has not only rejected the Federal Government’s stimulus package but has suggested that the Government pay the superannuation obligations of a range of businesses, causing outrage with Senator Nick Sherry, Minister for Superannuation and Corporate Law, believing Turnbull has not given enough thought as to how it will affect small business. […]
The Career Development Association of Australia (CDAA) is calling on organisations that have shown commitment in career development opportunities in the workplace to apply for the Inaugural CDAA 2009 National Employer of the Year Awards. The Awards recognises employers who make career development for their staff a priority through initiatives such as mentoring, creating work/life […]
Cybercrime reached massive proportions in 2008 according to an international survey conducted by McAfee, costing businesses US$1 trillion globally. The survey has highlighted the challenge businesses face in protecting sensitive information and customer data in a global marketplace. CEO of Cocoon Data – developers of Australian engineered Secure Envelopes software – Trent Telford, has urged […]
As the global economic crisis continues to affect Australian businesses, bad debtors are taking longer to pay and defaulting on debts due to insolvency, according to Oxford Funding. Research completed by National Credit Insurance (Brokers) P/L in December 2008 has revealed a record 104 claims were made through its services against debtors, a figure 113 […]
Navigating your business through the global financial crisis is the theme of both a major conference and a seminar series scheduled within the next month. The Australian Institute of Export and its partners will host a full-day conference with the theme ‘Managing your business in a turbulent global environment’. Keynote speaker is Dr John Edwards, […]
PowerBuy Technologies has announced a new service to help small businesses cut their IT costs and save money. The first of its kind service, allows small businesses to search for cash-back offers on popular IT products and services, buy from a supplier at the best possible price and then submit their tax invoice receipt to […]
A second stimulus package, worth $42 billion, announced yesterday by the Federal Government will push the budget into deficit but will assist in the fight against recession says Prime Minister Kevin Rudd. “I don’t like being in deficit at all. This is not a question of choice. This is what we are required to do,” […]
As the global financial crisis grips the nation, the Reserve Bank of Australia (RBA) has taken swift steps to stabilise the economy, reducing interest rates by a further 100 basis points, taking the cash rate down to 3.25 percent. RBA Governor Glenn Stevens believes that the reduction in the cash rate was appropriate to give […]
A new franchise opportunity has opened up for adventurous entrepreneurs looking to work in a fun and heart-racing industry. Extreme Driving Rally Drive Day Centres is looking for franchisees in all states and territories across the country. The company currently has six Rally Drive Centres around the country, with plans to open an additional 20 […]
Research in Motion (RIM), the company behind Blackberry, has today unveiled a new regional headquarters in Sydney to service the Australian and New Zealand market. The new headquarters was formally unveiled by Mr Thomas A.MacDonald, Consul General of Canada and features extensive training facilities, a research and development centre, a strategic partner marketing centre and […]
A new business survey conducted by Reckon Limited, has shown that despite a slowing economy, rising unemployment and the fear of recession, Australian businesses do not expect their business to slow down. The survey, distributed to more than 21,000 business owners in December of last year, revealed that 53 percent of business operators expect an […]
A draft plan by the Australian Tax Office may see employers forced to include overtime, maternity and paternity leave into time earnings when calculating superannuation. The move could cost businesses $1 billion, according to estimates by the Australian Industry Group. Small business opposition spokesperson Steve Ciobo says an employee on an average wage taking 12 […]
The market for first home buyers has just gotten a whole lot sweeter with the launch of new website Our Home Sweet Home www.ourhomesweethome.com.au, designed to provide first home buyers with all the information they need to purchase a home and realise the great Australian dream of home ownership. The independent site offers tools, calculators […]
Research conducted by Optus has highlighted the need for small to medium businesses (SMBs) to receive training and advice on how to run their business, with over 60 percent of those surveyed wanting more “grassroots advice and training” according to Phil Offer, Optus small and medium business marketing director. The key areas of focus for […]
The International Monetary Fund (IMF) has encouraged the Australian Government to let the Federal Budget go into deficit for the longer-term benefit of preserving the Australian economy. The fund has predicted that Australia can expect a 0.2 percent contraction to the economy in the coming year. Government spending has already softened the impact of the […]
If the threat of terrorism wasn’t enough of a blow, the tourism industry looks like it will shed thousands of jobs due to the global financial crisis and the subsequent drop in travel. Almost 500,000 people are directly employed in the tourism industry. More than half of tourism operators will look to cut staff this […]
While most franchise companies find it difficult to attract female franchisees, for Xpresso Delight co-founders Stephen Spitz and Paul Crabtree, it is a piece of cake. Women comprise 39 percent of Xpresso Delight franchises; a feat considering the industry average is a mere 27.9 percent. According to Spitz, the business allows for women to work […]
Moves by federal advisory organisation, the National Preventative Health Taskforce, to ban advertising junk food and alcohol under certain conditions would dampen economic activity, according to the Advertising Federation of Australia. “This is not the time to destimulate the economy, certainly not when $20 billion is being spent stimulating it,” notes Mark Champion, the group’s […]
Whether inflation rises or falls, the Reserve Bank is likely to cut the official rate by another 75 to 100 basis points (0.751 percent), predict economists. Figures to be released later today are expected to show a drop in inflation, though economists are divided as to the direction of the consumer price index (CPI) for […]
