THE NEWS WRAP: Gillard launches Business Advisory Forum

By Oliver Milman
Wednesday, 07 March 2012

The Gillard government has set up a formal advisory group that will analyse the amount of red tape that small businesses have to deal with.


Prime Minister Julia Gillard will chair the inaugural Business Advisory Forum next month, which will feature about 25 business representatives.


Business lobby groups have welcomed the move, with Business Council of Australia president Tony Shepherd saying: "The different rules and regulations in our nine federal, state and territory jurisdictions are a major drag on our economy and a huge cost to business and consumers.” 



Retailers question RBA rates decision


Businesses in the housing and retail sectors have questioned the Reserve Bank’s decision to keep interest rates on hold yesterday.


The RBA kept its cash rate at 4.25%, prompting industry representatives to call for further action to spur consumer confidence and lift spending.



Rinehart requests Fairfax board seat


Mining magnate Gina Rinehart has requested a seat on the Fairfax Media board, according to reports.


The Australian Financial Review said Rinehart wants to increase her influence within Fairfax, in which she has a 12.58% stake. The move came as Rinehart lost a second bid to supress details of a court battle with her children.




The Dow Jones industrial average was down 218.30 points, or 1.68%, at 12,744.51. The Australian dollar fell to 105.30 US cents.

Did you like this article? 

Sign up to the StartupSmart Newsletter to receive a daily news wrap-up straight to your inbox AND a free eBook!

Invalid Input

Comments (0)

Subscribe to this comment's feed

Write comment

smaller | bigger

Invalid Input

Follow us

StartupSmart on Twitter StartupSmart on Facebook StartupSmart on LinkedIn StartupSmart on Google+

Subscribe to StartupSmart RSS feeds


  • Me and My Mentor
      The story begins: A brave woman starts her own business...   She wants to be her own boss, set her own salary and experience the rewards of financial f...

  • Networking Bondi - Servcorp Business Shorts
    If you're up for a FREE evening of learning, networking, canapes and drinks then you'll love this Business Shorts event in Bondi SydneyRegister:...

  • Angel Dinner Call for Video Submissions
    If you're an entrepreneur in the high-tech space and your business is looking for funding, you might be interested in pitching at this event, held at Table...

  • Digital Leader
    Digital leaders are made, not born. And you too have it within you to become an effective digital leader. As a leader in the digital age, your reach is...

  • Little Black Dress Conference
    Building An Empire | Power of Brand YOU. I'm talking with 3 other fab ladies. Love to see you there. ...

Sponsored Links

Our Partners


Private Media Publications



Crikey Blogs


Smart Company


Property Observer


Leading Company