Tag: Spending

Small businesses look to be responding to the Federal Budget’s stimulus.

While the $5.5 billion package has been well received, the questions facing Australia’s two million-plus small business owners are two-fold: what does it mean for me and what to do with the incentive?

For most business owners, spending money on advertising seems as risky as gambling, like money put into a slot machine with nothing positive to show for it.

The amount being spent on digital marketing continues to climb, with the latest figures showing a 5 per cent Year on Year rise to $1.15 billion during the March quarter.

The last fortnight has seen a 5.4 per cent cumulative rise, with the Government’s Budget and the RBA rate cut seen in May being cited as key factors behind the boost.

Consumer sentiment dropped by 3.2 per cent during April, hitting 96.2 per cent from the 99.5 registered in March.

The February Business Sales Indicator from the Commonwealth Bank has revealed a modest growth of 0.1 per cent for the second month in a row, highlighting a decline in the growth rate during the last five months.

Australia’s medium-size businesses are expected to boost their productivity spending by 12 per cent over the next year, according to new research released by Bankwest.

A 43 per cent rise in spending via mobile devices is expected to be seen in 2015, a forecast revealed in research commissioned by PayPal.

There has been a slight increase in consumer spending across the month of January, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).