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Flood insurance claims set to hit $50 million

1:38PM | Tuesday, 29 January 2013 | Michelle Hammond

The total claimed losses from the floods affecting Queensland and NSW are likely to hit $50 million this week, according to the Insurance Council of Australia.

Independent eftpos provider Tyro surpasses $3.5 billion in transactions

1:09PM | Tuesday, 29 January 2013 | Michelle Hammond

Independent eftpos provider Tyro Payments has vowed to step up its fight against the big banks, after revealing it surpassed $3.5 billion in credit and debit card transactions in 2012.

Energy costs up 14.5% for start-ups after carbon tax: Report

1:54PM | Tuesday, 29 January 2013 | Yolanda Redrup

Energy costs for businesses have risen on average by 14.5% since the introduction of the carbon tax, according to new figures from the Australian Industry Group.

Andrew Bogut hopes new start-up venture is a slam dunk

1:47PM | Friday, 25 January 2013 | Oliver Milman

Andrew Bogut, Australia’s premier basketballer, has launched a new venture that aims to help Australian start-ups gain contacts and funding opportunities in Silicon Valley.

Combet warns the high Aussie dollar is "here to stay": Five ways to adapt

1:25PM | Friday, 25 January 2013 | Cara Waters

Greg Combet says struggling manufacturers should just get used to a high Aussie dollar and change their game plans to suit.

The harsh reality of raising $2.5 million

1:08PM | Friday, 25 January 2013 | Michelle Hammond

With the 2013 StartupSmart Awards coming up, we’re taking a look back at last year’s winners. In our first profile, StartupSmart speaks to augmented reality pioneers Explore Engage. BY MICHELLE HAMMOND.

Super-hyper-mega-ultra-synergy Industries? Time to cut the buzzwords

1:28PM | Thursday, 24 January 2013 | Taskmaster

Can “synergies” and “solutions” really generate sales or win funding for your business? The Taskmaster certainly doesn’t think so.

Christmas fizzer for small businesses following December sales slump

1:52PM | Wednesday, 23 January 2013 | Michelle Hammond

Economy-wide spending fell almost 2% in December, according to the latest Commonwealth Bank Business Sales Indicator, despite small businesses’ hopes for a buoyant Christmas shopping season.

Online retail start-up The Iconic raises another $25 million in funding

1:04PM | Wednesday, 23 January 2013 | Cara Waters

Fashion retailer The Iconic is going from strength to strength, attracting another big investment to fuel its rapid growth plans.

Dymocks director’s super slip-up leads to $70,000 tax bill shock

1:57PM | Tuesday, 22 January 2013 | Patrick Stafford

A recent tribunal ruling points to a need for directors to be careful about the timing of superannuation contributions.

Eastern seaboard states are neck and neck: CommSec report

1:11PM | Monday, 21 January 2013 | Michelle Hammond

There is little to separate Victoria, Queensland and NSW in the way of economic performance, according to the latest CommSec State of the States report, while Tasmania continues to lag.

ANZ lauds business services as “story of the year”

1:08PM | Monday, 21 January 2013 | Michelle Hammond

Small business sales rose 2.8% over the year to the December quarter, according to ANZ’s latest Small Business Sales Trends report, with business services described as “the story of the year”.

Academic names worst CEOs of 2012 – five lessons for start-ups

1:01PM | Monday, 21 January 2013 | Michelle Hammond

Start-up founders looking to avoid being labelled a bad chief executive should heed the advice of US university professor Sydney Finkelstein, who has compiled a list of the worst CEOs of 2012.

Eyewear start-up unfazed by sombre industry forecast

1:00PM | Friday, 18 January 2013 | Michelle Hammond

Australia’s optometry and optical dispensing industry is expected to grow just 0.4% in 2012-13, according to an IBISWorld report, but online eyewear retailer Sneaking Duck says it isn’t worried.

Seven top tips to boosting your business in 2013

1:46PM | Tuesday, 15 January 2013 | Michelle Hammond

MYOB has outlined seven steps start-ups should take to boost their business in 2013, after revealing more than half of small businesses hope to improve systems and processes this year.

Retailers rejoice over extended trading after November sales slide

1:01PM | Thursday, 10 January 2013 | Michelle Hammond

New retail sales figures show sales slid by 0.1% in November, but the December figures could see a significant turnaround.

“I’ve suffered $1 million in losses”: Pie Face franchisee tells all

1:01PM | Tuesday, 8 January 2013 | Michelle Hammond

A group of Pie Face franchisees are preparing to sue the company for millions of dollars, with one franchisee alleging that undisclosed costs were a key factor in the underperformance of his stores.

Businesses unfazed by surplus pledge backflip

12:31PM | Friday, 21 December 2012 | Michelle Hammond

Business groups have downplayed the Federal Government’s concession the budget is unlikely to return to surplus in 2012-13, with one group describing the move as “neither here nor there”.

Failed start-ups should return funding, says local investor

12:44PM | Thursday, 20 December 2012 | Michelle Hammond

A 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 Hammond

The 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.

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