News
SME tourism sector suffers amid falling visitor rates 02 December, 2011
The tourism industry, which relies largely on small to medium enterprises to survive, has been hit in recent months with falling visitor numbers and the poor economic climate. However, tourist numbers from China and India have grown strongly, indicating a large and extremely tappable market that SMEs should be focusing on.
SMEs stand to gain from Fair Work review 23 November, 2011
SMEs may benefit from a review of the Fair Work Act, particularly after recent industrial action across the nursing and aviation industries have raised questions about the effectiveness of workplace laws and their impact on small businesses.
Businesses taking nearly two months to pay their bills 15 November, 2011
Australian businesses are taking almost a full month longer than average to pay their bills, with national payment terms reaching 53 days during the September quarter 2011. According to Dun  & Bradstreet's latest Trade Payments Analysis, two-thirds of businesses took longer than the standard 30 day period to pay their accounts.
SMEs and the carbon tax 09 November, 2011
Small businesses will incur increased electricity costs after 1 July next year when the carbon tax is slated to come into effect. While large corporations will no doubt be the hardest hit, they will likely pass on increased energy costs to consumers and customers including the two million SMEs in Australia.
Small businesses experiencing soft credit growth 03 November, 2011
High borrowing rates and the pessimistic economic sentiment has deterred small businesses from obtaining credit, despite the SME lending market becoming more and more competitive. Read on to find out why SMEs are experiencing negative conditions.
Business expecting pick-up in New Year 01 November, 2011
Businesses are showing renewed optimism about trading conditions in the New Year off the back of better than expected results in the September quarter and an anticipated cut in interest rates. Dun & Bradstreet's latest Business Expectations Survey found that firms were anticipating improved performance across sales, profits, employment, and investment for the first quarter of 2012, with a 25 per cent fall in the number of firms anticipating being impacted by interest rates.
Consumers cautious heading into Christmas 18 October, 2011
The latest Dun & Bradstreet Consumer Credit Expectations survey found the number of consumers applying for a credit limit increase has halved since the beginning of last year. This correlates with findings that many consumers will avoid holiday spending altogether, with more than half saying they had no plans to make a major purchase over the next three months. Nearly two thirds of consumers will use their own savings to pay for additional expenses in the December quarter.
Business expecting soft Christmas 04 October, 2011
Australian businesses remain cautious about the outlook for Christmas amid expectations of slowing demand and greater economic uncertainty, according to the latest Dun & Bradstreet Business Expectations Survey for the December quarter.
Workplace productivity stifled by governmental regulations 29 September, 2011
Governmental regulations such as superannuation compliance, workers compensation schemes and payroll tax are proving to be extremely costly for businesses, particularly for smaller firms that do not have the extra manpower or resources to spend on compliance.
Payroll tax hurting SMEs 23 September, 2011
Small businesses may finally get a break if state governments move to abolish payroll tax, which is significantly affecting how many people SMEs employ and hindering business growth. COSBOA's Peter Strong gives D&B his opinion as we examine the negatives of payroll tax.

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