News

When the Apple iPhone becomes available on July 11, Australians will have a third mobile carrier to choose from—Telstra. For $30 a month and an upfront cost of $279, on a two year plan, Telstra users can get their hands on their very own 8GB iPhone. Alternatively, for a 16GB model, the upfront cost is […]

Automotive parts supplier Repco has renewed its commitment to running the majority of its vehicle fleet on LPG Autogas after rejecting diesel as a financially viable alternative. Repco has begun rolling out a fleet of 70 Mitsubishi Triton, single and dual cab utilities, all fitted with a state-of-the-art Impco BRC vapour injection system. A further […]

The 185,000 extra people expected in the Sydney CBD during July 17—18, for World Youth Day celebrations, will cause numerous road closures and changes to public transport. As a result, businesses are predicting a drop in sales. “Basically they, [associate members] are concerned that the city is going to be deserted and people are being […]

eBay’s controversial plans to use PayPal as a single payment method have been scrapped, after losing an uphill battle with the ACCC. All existing payment methods will remain available, but sellers are required to at least accept PayPal. “We have decided to withdraw the notification to stop any further confusion and disruption among the eBay […]

The iPhone 3G is almost here and now Optus has released pricing plans. Twice as fast as the first generation iPhone and with built-in GPS, iPhone 3G will be available to pre-paid and post-paid customers on the Cap and ‘yes’ mobile plans. Post-paid customers can get their hands on the 8GB iPhone 3G for $0 […]

More than 20 percent of small businesses pay an interest rate above 10 percent on their debts, according to the Fujitsu/JPMorgan Small and Medium Enterprise Report. Subsequently, an increase in costs, paired with slow consumer demand, could lead to higher unemployment. JP Morgan spokesperson Brian Johnson says that logically, higher debt means less money to […]

Office and retail space that once attracted top dollar have suffered from plummeting buyer interest, with sales down 60 percent for the first half of the year, according to figures released by commercial real estate agents CBRE. Listed property trusts own more than 80 percent of prime real estate, including office towers, shopping centres and […]

Employees or students between the ages of 18 to 25 in the agricultural, fisheries, forestry, food or natural resource industries have the chance to secure up to $50,000 in the 2008 Australian Agricultural Industries Young Innovators and Scientists Awards. Award winners will receive up to $20,000 funding to research an emerging scientific issue or innovative […]

Small businesses in the Katherine region have blamed the Northern Territory intervention for a downturn in trade, following the installation of welfare quarantine arrangements. Although the Federal Government intends to introduce a welfare card to be used in shops to buy essential items, small businesses owners note that the bigger chain stores have already introduced […]

Superannuation funds are bracing themselves for poor end of financial year results due to the stockmarket volatility of the last seven months. The stockmarket has lost around 20 percent of its value since November 2007, erasing an estimated $50 billion value from super investments. Funds expect returns of between minus two to minus 13 percent. […]

With property prices on the rise, starting a business has become the new dream for many young Australians. And when it comes to the newbies on the block, franchising is in. Franchising is one of the fastest-growing sectors of the Australian economy, contributing 14 percent to GDP and employing more than 600,000 Australians, according to […]

MYOB Australia is excited to announce the launch of myBRC.com.au, a free online resource for small business owners. myBRC, My Business Resource Centre, cuts through the internet clutter and helps business owners find useful, quality information, and tools and resources that can help them run their businesses better. “We live in an information driven society. […]