Tag: Economy

A program designed to attract investment to the Gold Coast has resulted in a boost for the Queensland city’s economy to the tune of more than $100,000 day for the past two years.

Australian businesses feel they are performing better than in 2010 but confidence in the economy remains lukewarm and as a result businesses report only a marginal increase in confidence for the year ahead.

The Federal Parliament is in uproar following Opposition Leader Mr Tony Abbott’s pledge to repeal the proposed carbon tax. Greens Senator Mr Bob Brown says Mr Abbott is being irresponsible, while industry observers say up to 34,000 new, clean, green jobs in regional Australia are at risk.

The NSW Government has hosted a business pitching event to help build consortiums to take advantage of a new $6 million NSW digital economy program, with the event going off like a frog in a sock.

Australian businesses are taking longer to pay their bills, with business-to-business payment terms worsening in the September quarter compared to this time last year.

Australian businesses expect a strong December quarter, with Christmas trading to bring the growth many businesses have been waiting for, according to the latest Dun and Bradstreet Business Expectations Survey.

In the latest Dun and Bradstreet Business Expectations survey finds the confidence of Australia’s executives on the way up, with expectations for five of six key indicators of business strength rising significantly.

Wayne Swan claims Labor is responsible for the 3.3 percent growth in Gross Domestic Product in the National Accounts data released by the ABS today.

Dun & Bradstreet Corp has bought the privately held Dun & Bradstreet Australia Holdings Ltd in a deal worth $233 million ($AU).

Labor’s fiscal stimulus policy at the height of the global financial crisis will net the Federal Government an additional $16 billion in tax receipts from those who would have otherwise been unemployed.