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Business sales slide in July as consumers rein in their spending
8:15PM | Monday, 20 August 2012 | Michelle HammondThe Commonwealth Bank Business Sales Indicator fell 5.4% in seasonally adjusted terms in July, while another survey shows the small business sector has become increasingly pessimistic about the economy.
11 simple ways to boost your profit levels
8:20PM | Thursday, 16 August 2012 | Oliver MilmanWith business criticisms of government mounting, start-ups are taking the initiative to boost profits without outside help. Here are 11 key ways you can grow your own profits. BY OLIVER MILMAN.
Crowdfunding pioneers hit back at ASIC
8:56PM | Wednesday, 15 August 2012 | Patrick StaffordThe crowdfunding industry has spoken out against a statement made by the corporate regulator yesterday, warning about fines and possible imprisonment.
Businesses peer through the gloom as conditions hit three-year trough
8:35PM | Tuesday, 14 August 2012 | Oliver MilmanBusiness confidence picked up in July, despite trading conditions worsening to hit a three-year low, with the retail and wholesale sectors hardest hit, according to a new report.
ASIC warns website operators about the risks of crowdfunding
8:24PM | Tuesday, 14 August 2012 | Cara WatersThe Australian Securities and Investment Commission issued a warning about the risks of crowdfunding today and said enforcement included fines of up to $22,000 and up to five years’ imprisonment.
Start-ups warned over ponderous R&D refunds
8:21PM | Monday, 13 August 2012 | Michelle HammondAn expert has issued a warning to start-ups relying on R&D claims as a form of cashflow, amid reports of lengthy payment times, saying it all comes down to responsible money management.
Employer groups push for changes to “sacred cow” weekend penalty rates
8:16PM | Monday, 13 August 2012 | Michelle HammondEmployer groups say penalty rates should be based on the number of days worked in a week, rather than just on weekends, or businesses will be forced to close their doors.
RBA keeps rates on hold, says growth is "close to trend"
8:49PM | Tuesday, 7 August 2012 | Michelle HammondThe official interest rate has remained unchanged at 3.5%, in line with economists’ expectations, with the Reserve Bank saying most indicators suggest growth is “close to trend overall”.
Angry Birds developer Rovio sets its sights on 2013 IPO
8:56PM | Monday, 6 August 2012 | Michelle HammondThe Finnish gaming company behind much-loved mobile app Angry Birds is preparing for an initial public offering in 2013, but says it’s in no hurry in light of Facebook’s ill-fated stock market float.
Early eCommerce adopters see results while others stumble: Report
8:00AM | Thursday, 2 August 2012 | Michelle HammondNew research commissioned by PayPal shows business growth increased by an average of 5% in the last year for those who sell online, while those who don’t sell online saw business decline.
Pets Paradise franchisees set to be shielded from chain’s collapse
8:25PM | Wednesday, 1 August 2012 | Michelle HammondPets Paradise franchisees won’t be affected by the collapse of the pet store chain, it’s been confirmed, but the receivers say company-operated stores have been struggling for 18 months.
Average household wealth up 20% but consumers still cautious
7:48PM | Monday, 30 July 2012 | Michelle HammondFederal Treasurer Wayne Swan has attributed new figures showing an increase in average household wealth to Labor’s response to the global financial crisis, although consumer spending remains very conservative.
Economists unconvinced record-low inflation spells further rate cuts
7:24PM | Thursday, 26 July 2012 | Michelle HammondEconomists have played down the prospect of a further interest rate cut, despite new data showing that inflation has slipped to its lowest point since 1999.
New credit card reforms: What your start-up needs to know
7:40PM | Tuesday, 24 July 2012 | Michelle HammondDo you use a credit card in your start-up? If so, you need to be familiar with the credit card reforms that came into force on July 1, and what these changes mean for your start-up. BY MICHELLE HAMMOND.
Why the price is rarely right for start-ups
7:39PM | Monday, 23 July 2012 | Nina HendySetting prices can be tricky: Too low and you go broke, too high and you scare off potential consumers. Thankfully, there are ways to make sure your price is always right. BY NINA HENDY.
Annual spending up 10% but businesses told not to lose focus
7:04PM | Friday, 20 July 2012 | Michelle HammondSpending is up more than 10% on a year ago, according to the Commonwealth Bank Business Sales Indicator, which shows Queensland has marked its 12th straight month of trend BSI gains.
Business conditions suffer setback amid more global uncertainty
7:33PM | Thursday, 19 July 2012 | Michelle HammondBusiness conditions weakened in the June quarter, according to NAB’s Quarterly Business Survey, with conditions deteriorating across most industries, while confidence also took a hit.
Micro firms least loyal business banking customers: Report
7:21PM | Tuesday, 17 July 2012 | Michelle HammondMicro businesses are the least loyal business banking customers, according to an East & Partners report, which shows corporates are by far the most loyal segment.
Consumer sentiment up 3.7% as rate cuts make their mark
7:57PM | Wednesday, 11 July 2012 | Michelle HammondThe Westpac–Melbourne Institute Index of Consumer Sentiment increased by 3.7% in July, suggesting the spate of interest rate cuts is finally having an impact on household spending.
UK start-up opens up real-money gambling to app developers
7:15PM | Tuesday, 10 July 2012 | Michelle HammondA UK-based start-up is introducing a platform that will allow developers to add real-money gambling into their apps, insisting the platform can be used by developers everywhere.
