One of the most unexpected trends to emerge from the Global Financial Crisis (GFC) and the recession that followed in many nations, was the number of new businesses which started up even though economic conditions were so difficult.
Despite a degree of economic stability in Australia compared with elsewhere in the world, a lack of confidence and cost containment issues are threatening to blind local SMEs to future opportunities.
The worst thing local businesses can do in the ‘new GFC’ conditions tipped for 2012 is ‘just try’ to survive. So, here’s some expert tips for surviving an economic slowdown.
If you’re scared that the latest financial shake-up may lead to a second GFC, you’re not alone. Fortunately there are strategies you can employ to run a business in an uncertain economic environment.
The Global Financial Crisis is being blamed as the cause of an increase in workplace bullying in Australia since the wake of the recession.
ANZ and St George Bank have emerged as the clear industry leaders in terms of business consumer’s satisfaction, a new report from the TNS Business Finance Monitor (BFM) has shown.
Australian unemployment figures for January have shocked the markets, with the unemployment rate falling 0.2 percent to 5.3 percent in seasonally adjusted terms. This comes as a surprise to the markets with the economy moving forward despite concerns over global growth numbers. At 12:00 (AEDT), the S&P/ASX200 was up 38.8 points, or 0.86 per cent, […]
Business owners are no longer risking their personal assets to fund business growth as they ride out the effects of the global financial crisis (GFC). Debtor finance specialist, Oxford Funding observed that business owners are more concerned about risk exposure and are choosing funding strategies such as debtor finance that separates personal wealth and enterprise […]
The Federal Government’s $2.45 billion free insulation scheme has come under fire from the ABC’s The 7:30 Report with 37,000 homes having had foil insulation installed which will now have to undergo an electrical safety inspection after an audit revealed more than 1,000 of them might have had their ceilings electrified. Taxpayers will spend up […]
The Federal Governent has announced it will withdraw its guarantee of bank deposits, instituted during the global financial crisis to prevent investors’ money from being wiped out in the recession. The nation’s top finance regulators—including the Reserve Bank and the Australian Prudential Regulation Authority—advised the treasurer, Wayne Swan, over the weekend that bank funding conditions […]
