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Budget re-write: Govt amends papers over NICTA ‘phasing out’
5:00AM | Friday, 17 May 2013 | Oliver Milman
The federal government has been forced into a hasty rewrite of its own budget papers after initially stating that it will “phase out” National ICT Australia, following a recent article in StartupSmart.
A $19.4 billion business lesson: Don’t budget like Wayne Swan
5:14PM | Thursday, 16 May 2013 | TaskmasterFrom Wayne Swan underestimating company tax receipts to Stephen Conroy overestimating bids at the recent TV spectrum auction, the federal government has come up short. Make sure your business doesn't do the same.
Five top tips to getting start-up funding from family and friends
5:41PM | Wednesday, 15 May 2013 | Marc Peskett
The difficulty of obtaining capital from banks and other lenders means many entrepreneurs resort to borrowing from friends and family. However there are some pros and con that need to be considered – here are five key tips to keep you out of trouble.
Study the Budget
5:00AM | Tuesday, 14 May 2013 | TaskmasterAs a curious and determined entrepreneur, you are going to take your interest in the Budget a step further and actually go and read the Budget papers yourself.
ANZ cuts don't extend as far for business customers
5:15PM | Monday, 13 May 2013 | Patrick Stafford
ANZ has won plaudits for going beyond the Reserve Bank's rate cut to slash 27 basis points from its variable mortgage rate, but businesses will not enjoy the same cut and ANZ will pass on just a 25 basis point cut.
Be proud of your budgetary discipline
5:00AM | Monday, 13 May 2013 | TaskmasterAre you financially prudent? If so, make sure you don't put up with any nonsense about it.
Expert warns banks are shunning start-ups
5:52PM | Wednesday, 8 May 2013 | Patrick Stafford
Businesses which entered into interest-free payment arrangements with the Australian Tax Office during the global financial crisis are at risk of being refused funds by lenders, an industry expert has warned.
RBA cuts rates to record low of 2.75%, NAB first to respond
5:04PM | Tuesday, 7 May 2013 | Tom Hall
The Reserve Bank has cut the official cash rate to 2.75% – the lowest since records began in 1959.
Fewer businesses trading at a loss: ATO
5:49PM | Tuesday, 7 May 2013 | Patrick Stafford
The number of companies operating in Australia at a loss has decreased, according to the latest figures from the Australian Taxation Office.
Gloomy businesses set to pull back spending and hiring plans
5:48PM | Monday, 6 May 2013 | Oliver Milman
Australian businesses are set to slash their spending to a three-year low in the coming months, amid gloomy sentiment over tight cashflow and tricky trading conditions, according to a new report.
Top reasons for small business failure: Study
4:59PM | Friday, 12 April 2013 | Cara Waters
Small and medium-size businesses are most likely to fail because of an inability to manage costs or anticipate rising costs, according to a survey of more than 1000 Australian owners of SMEs.
Bankruptcies down as businesses struggle with court costs
4:21PM | Thursday, 11 April 2013 | Yolanda Redrup
Bankruptcies are at their lowest level in 17 years, new quarterly figures reveal, but experts fear it's become harder for businesses to chase debtors.
Consumer sentiment down despite improving economy
4:39PM | Wednesday, 10 April 2013 | Yolanda Redrup
The Westpac Index of Consumer Sentiment dropped by 5.1% in April, despite rises over the past two months and some recent positive economic news.
Australia’s broadband future: The Labor and Coalition plans compared
4:12PM | Tuesday, 9 April 2013 | Oliver Milman
Shadow communications spokesperson Malcolm Turnbull has unveiled his alternative broadband vision for Australia – here is everything you need to know.
The Bitcoin boom: What your business needs to know
4:25PM | Tuesday, 9 April 2013 | Oliver Milman
Recently, there’s been a lot of talk about a new virtual currency called Bitcoin. Here are all the basics you need to know – as well as how it will impact you.
High dollar hurts expectations in manufacturing and tourism
4:42PM | Tuesday, 2 April 2013 | Yolanda Redrup
Fewer business executives are planning on making capital investments in the June quarter, amid a fall in business expectations.
Three VC firms to oversee government’s $200 million start-up fund
3:13PM | Wednesday, 27 March 2013 | Oliver Milman
The federal government has picked three venture capital funds to co-invest at least $200 million into high-growth Australian start-ups via its Innovation Investment Fund.
Brisbane specialty grocer charges customers $5 "just for looking"
3:38PM | Wednesday, 27 March 2013 | Yolanda Redrup
A Brisbane speciality grocery store is charging browsers $5 if they do not buy anything from the store, after people have been browsing in the store and then going elsewhere to buy their products.
ASIC launches new electronic payments code for online businesses
3:02PM | Thursday, 21 March 2013 | Patrick StaffordASIC has released a new version of the electronic payments code, with the old version failing to take into account the myriad of ways consumers now pay for products on different devices.
Why large Aussie investors are failing our nation’s start-ups
3:39PM | Thursday, 14 March 2013 | Jeremy CollessFreelancer.com founder Matt Barrie recently caused controversy by calling the Australian VC sector “dead”. Is there any truth to his alarming comment?
