Wednesday, 31 August 2011
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By
Patrick Stafford
Well Being Green, a business that acted as a type of intermediary for solar installers to trade renewable energy certificates, has collapsed into administration, owing more than $7 million to about 200 creditors.
Monday, 29 August 2011
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By
Michelle Hammond
New statistics reveal business-to-business debt claims were 40% higher in July than the average for the same period over the previous six years, with experts urging start-ups to be wary of extending credit.
Monday, 29 August 2011
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By
Michelle Hammond
Father’s Day spending will grow by 1.72% this year, according to research firm IBISWorld, with hardware and electrical retailers tipped to experience the largest percentage of spending growth.
Thursday, 25 August 2011
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By
Michelle Hammond
Clothing and footwear wholesaler Pacific Brands has reported a full-year loss of $132 million, highlighting the challenges facing the industry, including cotton prices and Chinese labour costs.
Thursday, 25 August 2011
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By
Michelle Hammond
More than 41,000 new businesses have entered the market since the March quarter, according to new Dun & Bradstreet data, but the amount of retail start-ups fell 91% in the 12 months to June 2011.
Thursday, 25 August 2011
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By
Michelle Hammond
The Federal Government has launched a $53 million Buy Australian campaign in a bid to prop up local manufacturers, but it’s unclear how many manufacturers will benefit from the program.
Wednesday, 24 August 2011
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By
Michelle Hammond
Small businesses have been urged to review their strategies for the new financial year, with new research suggesting that many firms are concerned about succession planning.
Tuesday, 23 August 2011
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By
Michelle Hammond
Job cuts sweeping through sections of the economy could prompt more people to work for themselves, according to a small business group, with hospitality and financial services identified as sectors set for growth.
Wednesday, 17 August 2011
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By
Michelle Hammond
Almost one in two small business owners have experienced late client payments in the past 12 months, according to a new report, with a quarter facing serious cashflow shortages as a result.
Wednesday, 17 August 2011
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By
Michelle Hammond
IBISWorld Report Paints Grim Picture For Clothing Wholesale And Manufacturing: Finance
Wednesday, 10 August 2011
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By
Michelle Hammond
Almost 10,000 companies entered external administration in the 2011 financial year, with SMEs among the hardest hit, with a Tax Office crackdown and the strong Australian dollar blamed for a rise in failures.
Monday, 08 August 2011
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By
Oliver Milman
Some of Australia's richest entrepreneurs saw their wealth shrink as stocks tumbled by 2.9% at home, while Wall Street slumped by 6%.
Monday, 08 August 2011
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By
Taskmaster
With global financial markets in turmoil, sorting out your cashflow is paramount.
Monday, 01 August 2011
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By
Michelle Hammond
Business loan balances contracted by the biggest monthly amount in June since September 2010, the Reserve Bank has revealed, as business sentiment remains at a low.
Wednesday, 27 July 2011
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By
Michelle Hammond
Small businesses recorded a deterioration in the time they take to pay invoices in the past 12 months, a new Dun & Bradstreet report reveals.
Tuesday, 26 July 2011
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By
Michelle Hammond
The carbon tax, high Australian dollar and declining domestic tourism numbers will be a fatal combination for tourism operators, the Australian Tourism Export Council claims.
Tuesday, 26 July 2011
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By
Michelle Hammond
Australian households are in recession, a new report claims, as a multitude of economic factors create the “perfect storm” to drive down consumer sentiment.
Tuesday, 26 July 2011
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By
Michelle Hammond
Small business sales improved in June to be 6.6% higher year-on-year, according to an ANZ report, although non-retail and service sector small businesses continue to outperform those in retail.
Tuesday, 26 July 2011
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By
Michelle Hammond
The retail landscape in Australia may not be dead, but the shifts that have taken place have hurt several major players. So how can the little guys adapt to the evolving marketplace?
Monday, 25 July 2011
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By
Michelle Hammond
A new survey shows more than half of Australia’s small business owners are more stressed now than 12 months ago.
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