Tag: Business Confidence

Employment figures are biting back in the lead up to the new year with employment rising to pre GFC levels, with part time employees set to save employers’ bacon in 2011.

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.

Regional employees enjoy their jobs more and are more engaged with their employers than those in metropolitan areas of Australia, according to new data.

Australian businesses are finally lifting travel bans placed on employees during the global financial crisis, with travel agents recording substantial growth in corporate bookings.

The majority of Australian and New Zealand employers feel they were forced to make too many redundancies during the GFC which they now regret, according to research from Hudson.

While your business may not need the services of a travel management company, here are three immediate steps you can take to save on your business travel:

National Australia Bank’s (NAB) SME Quarterly Survey (June 2010) found that business conditions, profit growth and the cash flow position of Australia’s small to medium-sized enterprises deteriorated for the second consecutive quarter in June.

Australian employer confidence has increased to its highest levels since July 2008, with employer hiring intentions for the next quarter up 3.4 percent.

More business travellers plan to hit the road in the year ahead, further confirming that business confidence is on the rise.

Business confidence is at a high only seen once since May 2002 in NAB’s Monthly Business Survey & Economic Outlook for February 2010. Business confidence rose 4 points (to +19 points), returning to the surprisingly strong levels recorded in late 2009 and, before that, last seen in May 2002. The business confidence index has now […]