Tag: Economy

Almost three in five Australian small business owners (55 percent) will work during the Christmas/New Year holiday break and more than one in three (36 percent) will not take any time off.

A survey conducted by financial software Reckon has found that 66 percent of small businesses have reported either increased (41%) or stable (25%) revenue this year and more than 80 percent of business expect to have positive or stable revenue in 2012.

Opposition spokesperson Senator Scott Ryan on how the Federal Government has failed small business:

“Small businesses comprise 96 percent of all Australian enterprises. It is a sector that is only ignored at our greater peril, yet it is one to which this Labor Government has refused to listen.”

Sid Edwards blogs about using the Christmas season as a time to plan for your business’ future.

“The Christmas break is a time for family and to recharge, however it is also a time when business owners can reflect on the past year and review their decisions over that year to evaluate what has worked and what hasn’t worked so well.”

We’re always hearing about how the Australian dollar compares to the US dollar, and its value is vital to many in the business world. But how many of us actually know what drives the Aussie dollar? A Forex expert explains.

Consumer sentiment has jumped 6.3 percent this month, thanks largely to the Reserve Bank’s decision to cut interest rates.

Local business owners are feeling pessimistic about seeing revenue rises during the upcoming Christmas season, as many express doubt the economy will improve any time soon.

Some good news has been spelled out in the latest Australian Bureau of Statistics (ABS) Retail Trade figures, with retail turnover rising 0.6 percent in August.

Retail turnover fell a seasonally adjusted 0.1 percent in June, with turnover falling most sharply in Department stores and Household goods retailing.

Retail turnover fell a seasonally adjusted 0.6 percent in May, following a rise of 1.2 percent the month prior.