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Failed start-ups should return funding, says local investor
12:44PM | Thursday, 20 December 2012 | Michelle HammondA failed Canadian start-up has turned heads after promising to return all remaining funding to its investors, with the move applauded by one local expert.
Carbon tax has damaged eight in 10 retailers, industry body claims
12:00AM | Thursday, 20 December 2012 | Michelle HammondThe carbon tax has been dragged into the spotlight once again, with a new survey by the peak retail body showing 80% of businesses say they have been negatively impacted by the tax.
Clothing retailers set for new year slowdown: Report
12:27PM | Wednesday, 19 December 2012 | Michelle HammondThere will be no relief for Australian clothing retailers in the new year, according to a new IBISWorld report, which shows industry revenue is expected to contract by 1.4% in 2012-13.
How to safely scale your start-up in 2013
12:00PM | Monday, 17 December 2012 | Michael FoxAre you thinking about growing your start-up next year? If so, there’s a secret to steadily securely growing your business. BY MICHAEL FOX.
Insolvencies rise in October, but Christmas could bring a reprieve
12:17PM | Tuesday, 11 December 2012 | Patrick StaffordInsolvency experts predict many businesses might hang on through Christmas but could struggle in the new year.
Little chance of Christmas cheer as business confidence hits record-low
12:01PM | Tuesday, 11 December 2012 | Michelle HammondBusiness confidence has fallen to its lowest level since April 2009 according to NAB’s Monthly Business Survey.
Business belt tightening set to cut back staff Christmas parties
12:33PM | Thursday, 6 December 2012 | Michelle HammondStart-ups can celebrate Christmas with their staff without breaking the bank, experts say, after it was revealed less than two thirds of employers will organise a staff Christmas party this year.
How divorce can cause a messy split in your business
12:06AM | Thursday, 6 December 2012 | Greg HayesDespite the best intentions, many marriages don’t last “until death do us part”. However, the end of your marriage need not mean the end of your business. BY GREG HAYES.
RBA cuts cash rate to 3% as consumer spending stalls
12:41PM | Tuesday, 4 December 2012 | Michelle HammondThe Reserve Bank has cut the cash rate by 25 basis points to 3% on the back of flat retail sales for the month of October.
Retail Food Group and Collins Foods franchises look to buck retail gloom
12:17PM | Tuesday, 4 December 2012 | Michelle HammondFood franchise giants Retail Food Group and Collins Foods have painted a positive outlook for their brands, bucking recent industry trends.
Businesses tip higher profits, but conditions still patchy: Study
12:00AM | Tuesday, 4 December 2012 | Michelle HammondBusinesses will end the year on a reasonably positive note, according to Dun & Bradstreet’s latest National Business Expectations Survey, but the outlook for 2013 is mixed, with rising profit levels but a “patchy” employment market.
Australia’s wealthiest suburbs revealed: The suburb with an average salary of $132,252
11:21PM | Thursday, 29 November 2012 | Cara WatersResidents of one ritzy Melbourne suburb are Australia’s highest wage earners, taking home an average income of $132,252.
Claims of a "tick and flick" approach by the ATO
11:54PM | Wednesday, 28 November 2012 | Cara WatersA whistle-blower has made claims the ATO has neglected assessing cases by merit and adopted a quota criteria instead.
Food and travel outshine “traditional” retail as sales rise 3.6%
11:34PM | Monday, 26 November 2012 | Michelle HammondSmall business sales rose by 3.6% over the year to the three months to October, according to the latest ANZ report, as food and travel-related services continue to outshine “traditional” retailers.
Rags to riches to rags again?
11:39PM | Friday, 23 November 2012 | James ThomsonSmartCompany 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 HammondStart-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 HammondLess 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 HammondBusiness 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 HammondThe 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 HammondGroup 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.
