Tag: Business Conditions

Australian small business owners are feeling confident about growth prospects, despite coping with additional stress, a new study has found.

Despite a slight improvement in business conditions during the June quarter, the NAB Quarterly Business Survey has found conditions remain soft and further weakness is likely in the near term.

Poor spending looks set to continue hurting the retail industry, with the Commonwealth Bank Business Sales Indicator (BSI) falling again in June.

Even before the floods in December and January, business confidence was already on the wane, according to the quarterly business survey released by the National Australia Bank on Tuesday. The survey of 900 businesses found there was a drop in the business confidence index from 9 points in the third quarter to 5 points in the fourth quarter, with a decline in profitability, sales and trading being significant factors.

With increasing interest rates, fluctuating petrol prices, drought, lagging trade payments, and the credit crunch, planning for business challenges is a must for SME survival. Here’s your guide to expected business hardships, together with some expert advice to ease business conditions. Blow after blow has been dealt to SMEs, everything from a strengthening Aussie dollar, […]

As business conditions slow and business costs increase, it’s becoming increasing difficult to rely on earnings growth to improve the bottom line. Check out these simple business cost cutting ideas to improve profit and cash flow. Astute managers are more often looking to unlock the profit opportunity that lies hidden within their businesses costs. After […]