News
National Employment Standards Begin January 1st 18 December, 2009
When businesses return in the New Year the Federal Government's new National Employment Standards come into place replacing WorkChoices. What will this mean for your business?
Business credit declines 17 December, 2009
Business borrowing has fallen as Australian firms cut back their debt and hold off on investment. Figures released by the Reserve Bank of Australia (RBA) show that business credit declined by 1.3 percent over October 2009, following a decline of 1.3 percent over September. Meanwhile, over the year to October business credit declined by 6.8 percent.
Global economic outlook shaky as world shifts from government to private demand 16 December, 2009
More than 60 countries around the world are expected to record lower output in real terms in 2010 than in 2008 and even Australia, which is expected to experience a relatively robust rebound in domestic demand, will face challenges as 37,500 firms face potential financial stress in the New Year.
SMEs set to be big winners from the National Broadband Network 16 December, 2009
The National Broadband Network presents Australian small businesses with an opportunity to grasp a global long-term advantage, according to the Council of Small Business of Australia.
Fewer disclosures required by private companies 15 December, 2009
The Australian Accounting Standards Board (AASB) has proposed changes which would allow private companies to prepare financial statements with far fewer disclosures. The proposals aim to cut reporting costs for small and medium sized companies, nor-profit groups and governments.
Real Estate companies feel the pain 10 December, 2009
Real estate companies have seen their industry hit hard by the downturn, with major sales in the commercial and industrial sectors all but disappearing.
Supply chain risk prominent despite evidence of a global recovery 10 December, 2009
Supply chain risk remains prominent for Australian firms despite evidence that a global economic recovery is underway. Research conducted by leading business intelligence firm, Dun & Bradstreet (D&B) reveals a somewhat gloomy risk outlook for major suppliers, with a large number of them exposed to the fortunes of related parties based in some of the economies hit hardest by the global credit crisis.
Unemployment rate falls to 5.7 percent 10 December, 2009
The latest unemployment figures, which were released today by the Australian Bureau of Statistics, reveal that the unemployment rate fell from 5.8 percent to 5.7 percent in October. Unemployment numbers decreased by 13,300 to 653,100, with the male unemployment rate decreasing to 5.8 percent and the female unemployment rate falling to 5.5 percent.
Full time jobs ads surge 9 December, 2009
Full time job ads have surged, rising by 5.9 percent in November and 7.84 percent in the past three months, according to the Olivier Job Index. The latest rise reverses last month's fall of 1.67 percent, confirming the resilience of the comeback in Australian job ads.
Business Expectations Survey - December 08 December, 2009
The risk of rising inflation impacting the Australian economy appears to be declining with only anet seven percent of Australian firms expecting to raise their prices in the March quarter of 2010. In other positive signs for the business outlook expectations for sales and profits alsoimproved.

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