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Rags to riches to rags again?

11:39PM | Friday, 23 November 2012 | James Thomson

SmartCompany editor James Thomson took time out from his busy schedule to talk to Today Tonight about the debt problems suffered by Nathan Tinkler, the former tradie who became Australia’s youngest billionaire.

Start-ups warned to prepare for Christmas cashflow squeeze

11:00AM | Monday, 19 November 2012 | Michelle Hammond

Start-ups are being urged to remain vigilant in managing their working capital to avoid a cashflow crash in the new year as they stare down the barrel of a lukewarm Christmas trading period.

‘Fitting fees’ challenged as consumers shun in-store research: Report

11:00PM | Thursday, 15 November 2012 | Michelle Hammond

Less than 5% of consumers research products in-store before eventually purchasing them online, new research reveals, suggesting there is no need for retailers to introduce “fitting fees”.

Business conditions plummet to GFC levels: Report

11:25PM | Tuesday, 13 November 2012 | Michelle Hammond

Business conditions have fallen to their weakest level in more than three years, according to NAB’s Monthly Business Survey, which suggests a February interest rate cut is “on the cards”.

US start-up raises $11.5 million for web-connected teddy bear

11:13PM | Monday, 12 November 2012 | Michelle Hammond

The struggles of the Australian toy market have been put into sharp focus by a US-based start-up founded by a former Pixar executive, which has raised $11.5 million for an internet-connected, artificially intelligent teddy bear.

Group buying consumer spending revised down to $530 million

11:23PM | Monday, 12 November 2012 | Michelle Hammond

Group buying niche players have been warned of tough times ahead following predictions that consumer spending in the sector will drop to $530 million this year, revised down from more than $600 million.

No Cup day cut as interest rates hold at 3.25%

11:39PM | Tuesday, 6 November 2012 | Michelle Hammond

The Reserve Bank has confounded expectations by leaving the cash rate unchanged at 3.25%, despite widespread predictions of a 25 basis point cut, and an appeal from Westpac chief Gail Kelly to help lift flagging consumer sentiment.

New Year investment expectations at record high: D&B

11:28PM | Tuesday, 6 November 2012 | Michelle Hammond

Almost a third of Australian businesses expect to boost their long-term investments in the New Year, according to the latest Dun & Bradstreet survey, as firms respond to lower interest rates.

The four potential pitfalls of crowdfunding your start-up

11:13PM | Tuesday, 6 November 2012 | Reece Walker

A growing number of start-ups are turning to crowdfunding as a source of finance. But be warned: From intellectual property to ASIC regulations, there are serious pitfalls for the unwary. BY REECE WALKER.

COSBOA drama as chairman resigns, accounts still not signed off

11:12PM | Monday, 5 November 2012 | Cara Waters

The Council of Small Business of Australia is in turmoil after its annual general meeting last week, with Ken Phillips resigning as chair after the council's accounts were unable to be signed off.

Retailers ignore executives' calls to abandon GST fight

11:53PM | Thursday, 1 November 2012 | Patrick Stafford

Retailers are not willing to give up the fight on import GST, but some executives think it is a distraction from the real issues.

Corporate spending on Melbourne Cup spurs business opportunities: IBISWorld

10:50PM | Wednesday, 31 October 2012 | Michelle Hammond

This year’s Melbourne Cup Carnival will see spending increase by 4.1% on 2011, according to IBISWorld, which has highlighted oppportunities for retailers and regional tourism operators.

Commercialisation Australia confirms grants pipeline flowing again

10:42PM | Wednesday, 31 October 2012 | Patrick Stafford

Grants are back on the table, it seems, with Commercialisation Australia now confirming the organisation is handing out new grants to small businesses after a temporary freeze.

The cashflow Grinch that could steal your Christmas

10:35PM | Wednesday, 31 October 2012 | Taskmaster

In the past couple of days, Taskmaster’s little helpers – the operations manager, the account managers and our accountant – have all been assembled in the meeting room to confront a potential crisis: Christmas.

Consumers still spending on clothes and technology: Nielsen

10:27PM | Wednesday, 31 October 2012 | Michelle Hammond

Consumers are prioritising spending on new clothes, entertainment and technology, according to a Nielsen survey, which shows consumer confidence rose by eight points in the third quarter.

10 business safety nets every soloist should put in place

10:21PM | Wednesday, 31 October 2012 | Tom McKaskill

The high wire act of running your own business is made a little easier by knowing you have some safeguards in place. BY TOM McKASKILL.

Consumer spending up 3.9% but another rate cut looks unlikely

10:30PM | Thursday, 25 October 2012 | Michelle Hammond

Economy-wide spending rose by 3.9% in September, according to the Commonwealth Bank Business Sales Indicator, but a spike in inflation has reduced the likelihood of another rate cut.

Personal loans on the rise as consumers shy away from credit cards

10:57PM | Wednesday, 24 October 2012 | Michelle Hammond

Consumer credit demand fell by 1.4% for the September quarter, according to consumer data intelligence company Veda, as Australian consumers maintain cautious spending and become more determined to reduce debt.

Eight top tips to winning a Startup Weekend

10:08PM | Wednesday, 24 October 2012 | Isaac Souweine

Startup Weekend returns to Sydney on November 9th. Whether you’re there for networking opportunities or to pitch for finance, here are eight top tips for the event. BY ISAAC SOUWEINE.

Government lifts two-month freeze on clean tech programs

10:00AM | Wednesday, 24 October 2012 | Michelle Hammond

The Federal Government has resumed its Clean Technology Investment Programs following a two-month freeze, but there are fears that the pause will have had a negative impact on prospective grant recipients.

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