Retail trade continued to improve in July, with ABS Retail Trade figures up 0.7 percent in July, seasonally adjusted in addition to Australia’s Current Account Deficit shrinking on the back of an increase in exports.
Home prices across Australia remain stagnant, increasing by 0.4 percent in July after falling by 1 percent in June, compounding the lowest new home sales volumes seen in 18 months.
Catchoftheday.com.au was founded in 2006 by Gabby Leibovich and his brother Hezi. Loosely modelled on an American concept of one deal, every day, the business has caught on in a big way in Australia, topping the Hitwise rankings in its category.
Corporate travel was one area that felt the full brunt of the economic crisis. Unlike essential expenses such as rent and mandatory overheads, it was one cost that could be reduced, or even eliminated, simply by taking employees off the road.
New home sales in Australia dived 7 percent to an 18 month low in July according to the latest Housing Industry Association report into new home sales, triggering calls for federal government action to save the sector.
Qantas is taking the fight to Virgin Blue’s plans to dominate the domestic air travel market amongst business travellers by adding 820,000 seats to its Jetstar discount airline.
Legal entrepreneur Jeremy Szwider is the brainchild behind the innovative Bespoke Law. With global headquarters in Melbourne, this is the first virtual law firm of its kind to hit Australian shores.
Harvey Norman has announced a profit of $290.04 million, up 15.8 percent on last year, showing there is still life in bricks and mortar retailing and dismissing suggestions from rival Ruslan Kogan that Harvey Norman’s business model is dead.
Research from Monash University in Melbourne conducted for the Queensland Government has found that employers are again looking at older employees as they get desperate to fill empty roles.
Groupon clone OurDeal is hoping online group coupon ordering won’t be an ordeal as it tries to replicate the success of Groupon clones Spreets, Ouffer and Jump On It in the Australian market.
