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.
A debt recovery specialist has highlighted the perils of operating as a subcontractor, particularly in the construction industry, in light of the recent collapses of various construction companies.
Retailers are calling for penalty rates to be halved, as part of a Fair Work Australia review, with a leading industry group insisting retailers simply can’t afford to pay staff more.
The social media age has empowered consumers to share their experiences like never before. Here's how to harness customer feedback in a way that will boost, rather than sink, your business. BY NINA HENDY.
Business confidence remained relatively steady in June, Roy Morgan research reveals, but nearly half of businesses believe Australia will face “bad times” economically over the next 12 months.
The collapse of online retailer Shooii, after they failed to find a “cornerstone investor”, has been a stark reminder of the importance of cashflow. If you’re starting up online, it’s essential to know the 12 key things potential investors are looking for. BY OLIVER MILMAN.
The chief executive of the Australian Small Scale Offerings Board denies the funding platform failed Shooii, following news that the online shoe retailer has been placed in administration.
Niche online shoe retailer Shooii has plunged into administration, despite only launching in March this year, with a lack of outside investment blamed for the company's woes.
Bakery franchise Brumby’s has been caught red-handed attempting to blame price rises on the carbon tax, after a letter sent by the company to franchisees was leaked.
The Reserve Bank has decided to keep interest rates on hold, with an analyst suggesting that monetary policy could go into “hibernation” this winter.
Almost half of Australian business operators borrowed money to stay afloat in the last 12 months, with just a quarter of them borrowing money to spend on their business, new MYOB research shows.
Concerns over staffing costs and the high Australian dollar are taking their toll on local manufacturers, with a new report showing industry sentiment has taken a significant dip.
Last month saw a sizeable increase in the number of credit insurance claims, according to a new report, with the engineering, electrical, building and manufacturing sectors identified as the hardest hit.
The start of the carbon tax on July 1 will introduce a “new phase of uncertainty” for many Australian businesses, particularly for manufacturers, according to the Australian Industry Group.
Retail rents could fall by as much as 15% amid weak sales and store closures, according to Morgan Stanley, but an industry expert says retail sales are still growing at a modest pace.