News
The six myths of SME credit 24 March, 2010
SME credit is a hot topic. The Sentate is currently conducting an inquiry into SMEs ability to access finance, an issue which is considered critical to supporting SME growth as the Australian economy recovers from the financial crisis. However, according to Dun & Bradstreet's most recent Business Expectations Survey, more than one third of firms are experiencing difficulties as a result of tighter lending standards and 28 percent said they had less access to credit in the December quarter than the quarter prior.
Australian unions launch new wage claim 18 March, 2010
Unions have launched their second-biggest pay claim in recent years, asking for $27 a week. However several employer groups have been quick to argue that a pay rise of that size would put jobs at risk.
Tourism's Tenacity 17 March, 2010
The tourism industry has been severely hurt by the downturn but companies are managing to survive by watching their bottom lines closely and communicating openly with staff, the latest results of the SmartCompany Dun & Bradstreet Industry Growth List reveal.
The risks of a double dip recession in China 16 March, 2010
The Chinese Premier, Wen Jiabao sent more than a few ripples through global markets over the weekend when he spoke of the risk of a double-dip recession in China. His words echoed throughout global stock markets with the Australian ASX 200 dropping 34 points to 4,784.
Paid maternity leave plans announced 11 March, 2010
This week has seen the release of the  alternative paid maternity leave plan by Opposition leader, Tony Abbott. In addition to the  existing plan released by the Government  for 18-week paid maternity leave at minimum wage the Opposition leader, Tony Abbott has promised more money and for 26 weeks after the birth of the baby. However a levy on business to fund the scheme has proved to be the most contentious decision.
SMEs are becoming more confident as the economy improves 10 March, 2010
The latest Sensis Business Index reveals that improving economic conditions are bolstering the confidence of Australia's small business executives however, it showed that firms are continuing to face difficulties accessing credit from major banks.
Government announces reform of the Franchising Code of Conduct 09 March, 2010
The Federal Government has announced reforms to the Franchising Code of Conduct which will require franchisors to produce plain English disclosure guides covering issues such as unilateral contract variations, unforeseen capital expenditure and end-of-term arrangements.
Sales and profit expectations rise 09 March, 2010
The confidence levels of Australians executives are continuing their upward trend for 2010 with sales, profits and capital investment indices all improving. The capital investment and sales index have both reached their highest points in six years and the profits index its highest point in five years. These findings from the latest Dun & Bradstreet Business Expectations Survey for the June quarter indicate a dramatic turnaround in the expectations of Australian business as compared to the lows of June 2009.
Bankruptcy law reform 04 March, 2010
The Australian economy has weathered the global financial crisis better than most other developed nations. The OECD estimates that the Australian economy grew by one percent in 2009, compared with an OECD average of minus 3.5 percent. However, even though Australia has avoided the worst of the crisis, it is important to acknowledge that many Australians are still doing it tough.
Keeping an eye out for online scams in 2010 03 March, 2010
The deputy chairman of the Australian Competition and Consumer Commission has warned small and medium businesses to be on the lookout for false billing scams after the number of these frauds rose by nearly 60 percent during 2009.

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