Retailers have welcomed the Reserve Bank’s decision to cut interest rates ahead of Christmas, but the banks remain uncertain about the likelihood of another rate cut.
As I keep saying, intelligence is everything in this market. So ring a few key customers and have a chat about how they are placed for the coming year.
Qantas’ grounding of all its flights is set to have a “potentially catastrophic” impact on Australia’s tourism sector, industry bosses have warned, amid renewed calls for the federal government to intervene.
An independent Eftpos provider has attempted to convince small businesses to consider alternatives to ePAL in light of new interchange fees, as research shows Eftpos transaction volume continues to grow.
Today I want you to grab a few senior staff – most importantly the finance guys – and run through the cashflow outlook for the Christmas/New Year period.
An interest rate cut on Melbourne Cup Day looks increasingly likely, with new figures showing consumer inflation rose just 0.6% in the third quarter, down from 0.8% in the second quarter.
Two thirds of business owners do not expect an economic recovery in the next 12 months, new research reveals, suggesting start-ups need to review their cash flow plans for the year ahead.
Cashflow will become very, very tight in the coming months due to the sales slowdown we are seeing and the Christmas trading period, when payments always stretch because of the holidays. You need to get on top of this right now.
Small business sales increased by 5.2% year-on-year in September, according to the latest ANZ Small Business Trends report, but economists still anticipate a rate cut on Melbourne Cup Day.
More than 80% of Australian SMEs will offer staff pay rises in the next 12 months to combat skills shortages, a new report reveals, while political uncertainty continues to dampen business confidence.
Top Sydney chef Tony Bilson to shut restaurants after payroll tax bill forces him into administration10:47PM | Friday, 14 October 2011 | Angela Priestley
It wasn't that regulars found other, more suitable venues for their power lunches, but rather an unexpected tax bill that brought Tony Bilson's ultimate creation, Bilson's Restaurant, to its knees.
Business conditions perked up in September amid talk of an interest rate cut and the falling Australian dollar, the latest NAB survey shows, but global uncertainty is still having an impact.
The number of companies entering external administration jumped nearly 14% to 1,049 in August, the second-highest reading on record, new figures show.
The Reserve Bank looks set to cut interest rates at its next meeting on Melbourne Cup Day, but not before it reviews the next inflation figures due on October 26.
Interest rates have remained on hold at 4.75% for the eleventh consecutive month as economic uncertainty continues to dampen confidence, suggesting that small businesses still have plenty to worry about.
The Australian dollar has dropped to its lowest level in 10 months, dipping to a low of US95.63 cents this morning, with the fall triggering a mixed response from struggling sectors.
Industry groups say small businesses should be wary of passing on new Eftpos interchange fees to customers, urging retailers to disclose the new charges upfront to avoid confusion.
Generation Y is keen to save and baby boomers are concerned about their retirement income, so who's going to spend at home? That is the question raised by two new surveys which suggest older and younger generations are closing their wallets.
The share of small unlisted firms making losses remains at above average levels, with about 40% of firms with assets under $1 million reporting losses in 2010 and 2011, according to figures from the Reserve Bank.
The Government has released new economic modelling of how a carbon price would affect the prices of everyday items such as milk, cheese and beer, in response to criticism and pressure from opposition that such a tax would increase living standards beyond a reasonable amount.