Tags Recession

Tag: Recession

Australia facing its worst economic contraction in history

The ABS confirmed Australia’s first recession since 1990 after recording two consecutive quarters of economic decline. After being hammered by the pandemic, bushfires and drought,...

Two actions SME owners must master as end of JobKeeper approaches

As end of JobKeeper approaches, here's two essential actions small business owners must master to survive 2020.  This July sees one of the toughest starts...

Australia’s recession: How will the economy bounce back?

It’s been almost 30 years since Australia last experienced a recession and almost 10 years since the country recorded a negative GDP growth, which...

‘Zombie businesses’ big future problem

With speculation that hundreds of businesses – dubbed ‘zombie businesses’ – are being propped up by Government stimulus and will potentially fold in September,...

Redundancies looming post-JobKeeper

The JobKeeper scheme has done incredibly well in terms of protecting many jobs and livelihoods, but it fails to address the looming problem of...

How SME owners can ride out the COVID-19 recession

Australian SME owners are bracing for an imminent recession, inflicted by the global coronavirus pandemic. Our recent survey of SMEs revealed that, in response to...

Australian SMEs concerned about impending recession

Australian SMEs are concerned about the impending recession, with business confidence plummeting to new lows, according to the ‘Canary in the Coal Mine’ report...

The value of mentors in times of crisis

Leigh Rust talks us through why mentors are of such value in times of crisis like the current coronavirus pandemic that we're facing.  The word...

RBA: Economy could start to bounce back in September

The Reserve Bank says the economy could start to bounce back in the September quarter as government begins to ease coronavirus restrictions towards the middle...

Virgin Australia to file for administration: reports

Virgin Australia has reportedly filed for voluntary administration as it's overwhelmed by massive debt brought on by the coronavirus lockdowns. An airline spokesman wouldn't comment...

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Why is Australia seeing fewer female CEOs?

Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief...

Coronanomics – What we’ve learnt about the economics of COVID-19

If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world.

Should you incorporate an AI strategy into your business?

With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business....

‘A 10,000 per cent increase in page views in 2 weeks’: how to scale up in a crisis

As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent...

Unemployment rate drops, defying forecasts

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per...

Qantas disrupts financial services industry with SME business loans

Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance...

Employees willing to salary sacrifice for flexible working: Research

Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are...

Let’s Talk: The Right Reasons

A strong story behind a business's inception can have a powerful effect on customers. Customers may identify with a founder's back story...