#Business News
NAB facing potential super class action
NAB faces potential class action proceedings over excess superannuation fees levied by its wealth arm. William Roberts Lawyers is inviting MLC Super fund customers to sign up to the no-win, no-fee action, which is backed by litigation funder IMF Bentham and will seek compensation plus interest for the excess fees. The action will allege that, […]
Domino’s to be hit by class action lawsuit
Global litigation funding provider Therium Litigation Finance is funding a class action against Domino’s Pizza Enterprises, claiming the Australian pizza giant and its franchises systemically underpaid workers. Law firm Phi Finney McDonald alleges that most delivery and in-store Domino’s workers were paid less than they should have from June 24, 2013 through January 24, 2018. […]
Consumer confidence edges up: ANZ
Consumer confidence edged up marginally over the weekend as respondents felt optimistic about their finances despite gloom about the economy at large. The ANZ-Roy Morgan Australian Consumer Confidence index gained 0.1 per cent from the previous week, with respondents’ perception of the country’s current economic conditions – including the outlook for the next 12 months […]
ANZ’s NZ CEO departs after expenses review
ANZ’s NZ chief executive has left the bank after an internal review raised concern among board members over his personal expenses. ANZ on Monday said David Hisco had accepted that “characterisation of the expenses falls short of the standards required” and had been replaced as ANZ NZ CEO on an interim basis by Antonia Watson. […]
The future of fintech in Agribusiness
Thought leadership byline: Sam Fitzpatrick, Agribusiness Lead, Western Union Business Solutions Agribusiness in Australia: the lay of the land Australia’s agribusiness sector is currently estimated to be worth $256 billion,[1] with the economic impact reaching communities around the country. Currently more than two thirds of agricultural commodities produced on Australian farms are exported each year, with production […]
NSW company director convicted after engaging in phoenix activity
Ms Soutsakhorn Chanthabouly (known as Nicole Khammenathy) of Carnes Hill, NSW has been convicted and sentenced after pleading guilty to charges related to illegal phoenix activity. Ms Chanthabouly was charged with one count of breaching her director duties and another count of destroying company records, following an investigation by ASIC. She was sentenced to a […]
Minimum wage increases by $21.60 a week
The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]
4 ideas for better business execution
Finding business tough and struggling to get ahead? Want to achieve more but don’t know how? If this year feels like a repeat of the past, these four ideas will help you better your execution and drive business growth.
How to keep up with the most knowledgable people in your industry
The ever-increasing importance of ‘traditional’ websites, social media and information technology means a whole new skill set is required to stay on top of developments affecting your business. From Twitter to RSS, newsgroups to Google Alerts, a brave new world of information gathering options exists to make sure you never get left out of the loop.
The Friday SMB wrap-up
Had a busy week and missed what’s been happening in the business world? Don’t worry, we’ve wrapped up the most important news of the week for you.
The Friday SMB wrap up
This week, the business world welcomed the NSW government’s first budget, and was rocked by the news that Rick Damelian has been placed in administration with debts of $80 million. The RBA decided to hold interest rates at 4.75 percent and unemployment jumped unexpectedly. Miss anything? We’ve wrapped up the week’s news for you.
LinkedIn reaches 2 million professionals in Australia
LinkedIn, the world’s largest professional network with more than 100 million members globally, has surpassed two million members in Australia. LinkedIn set up its direct presence by establishing an office in Sydney in January 2010 and has recently opened an additional office in Melbourne. The company has also grown its local team to 20 staff working across sales, marketing and recruitment solutions.
Meetings hurting business
New research shows meetings have become unproductive sinkholes that interfere with organisational progress and sap the confidence of middle management. Read Dr Ken Hudson’s tips to improving the success of your meetings and increase morale.
Genuine engagement key to social media success
You’ve heard about it, you know what it is, but you’re not sure how to approach social media as a promotional tool? Here are some quick insights to set you on the path of social media success.
Billionaires giving their fortunes away
If you were worth $50 billion dollars would you keep it all for yourself? Of the three richest men in the world, two of them are now competing, not for the top spot, but, to give sizable chucks of their fortunes away, in their lifetimes.
Better selling through software
Retailing is more than a price war. Technology can give your business an added edge, says contributor Ian Whiting, Managing Director of Markinson Business Solutions.
Free websites for 50,000 Australian small businesses
Haven’t got a website made yet? You’re not alone. Between 50 and 60 percent of Australian businesses do not yet have an online presence, but no more excuses: from today, the first 50,000 businesses to sign up get a free website from MYOB and Google. No strings attached.
Business travel perks for savvy travellers
If you’re a regular traveller for business then getting savvy about the latest perks can help make your journey a bit more enjoyable. Here’s a quick update.
NAB chief: small business lending too low
In Australia approximately 96 percent of businesses are “small”, so it seems odd that the banks prefer to lend for mortgages than business growth. Senior NAB executive Joseph Healy shared his views about how banks think and why small businesses struggle to get their help.