Tag: Economy

Australian retail sales remained relatively flat over the month of February, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

Australia’s productivity gap is greater now than a year ago, finds new research sponsored by Telstra. According to Telstra, the most alarming figure of the report is what it calls the productivity gap: that difference between the number of organisations that have identified productivity as a priority (76 percent this year and 78 percent last […]

Australia’s economy is predicted to continue on its upswing over the coming years, leading to a boom later this decade. With the BIS Shrapnel Long Term Forecasts update reporting Australia is in the recovery phase after what has been a relatively modest downturn. Unfortunately though, as a result of this renewed growth phase, interest rates […]

The latest Dun and Bradstreet Business Expectations Survey has revealed that the economy will continue to slide into recession, with the worst yet to come. Expectations for the June 09 quarter are less than promising, with 57 percent of businesses anticipating declining sales and 65 percent expecting declining profits. The sliding Aussie dollar has also […]

In just six-hours, the Federal Government have backpedalled on their plans to introduce paid parental leave into the Fair Work Bill, angering Green’s Senator Sarah Hanson-Young. Senator Hanson-Young has called on the Government to rethink their stance on the issue, claiming that Australian families are “tiring of the Prime Minister’s hollow promises.” “This rapid backflip […]

Workplace Minister Julia Gilliard has launched a $12 million plan offering small business grants of between $5,000 and $15,000 to make their workplace more family friendly. The proposed grants have been designed to help retain staff in the economic downturn, along with boosting productivity and promoting family values in the workplace. Gillard said the grants […]

The APEC summit brought not only an unprecedented number of world leaders to Sydney; it strengthened our economy and further cemented our position in the Asia Pacific region. Executive Director from the Australian Institute of Export, Ian Murray looks at the major outcomes of APEC, and gives credit to the NSW Police and DFAT task […]

Organisations wanting to stay a dominant force in this new era of business need to understand the forces driving the new economy; Knowledge, change, and globalisation. Dr Alex Maritz, Director of the Australian Graduate of Entrepreneurship says a new business environment is increasingly complex as a result of the vast amount of business space created, […]

As one of the world’s largest economies, Japan’s economy holds great potential and opportunity for Aussie exporters. Fast facts: * Market size of 127 million people * Japan is Asia’s largest economy, and is the second largest economy in the world. * In 2005, Japan’s GDP made up 10 percent of the world’s economy, second […]

Providing small businesses the chance to grow into something more commercial while receiving undue support from educational institutions, industry players, and government and enjoy high quality facilities is something start-ups only dream about. However technology parks are providing these services, helping to accommodate growing businesses and maturing the economy. Located at the heart of the […]