The 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.
With 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.
The crowdfunding industry has spoken out against a statement made by the corporate regulator yesterday, warning about fines and possible imprisonment.
Business 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.
The 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.
An 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 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.
The 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”.
The 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.
New 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 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.
Federal 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 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.
Do 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.
Setting 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.
Spending 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 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 businesses are the least loyal business banking customers, according to an East & Partners report, which shows corporates are by far the most loyal segment.
The 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.
A 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.