Furniture retailer IKEA is cutting its prices by up to 50% and expanding its store footprint as online players continue to put more pressure on supply chain costs.
Australians are set to deliver disappointment to retailers in the lead up to Christmas by significantly cutting back on their spending and willingness to use credit for non-essential items, according to new research.
The new owners of the Grout Pro Australia business have signed contracts with 11 existing franchisees after taking over the business in June 2012 following its liquidation.
The Australian group buying industry is displaying all the symptoms of an unsustainable bubble. So is the industry just an empty “fad” or simply experiencing growing pains? BY MICHELLE HAMMOND.
A new incubator for tech start-ups, dubbed Silicon Lakes, is launching on the Gold Coast, with a pitch competition for app developers acting as the curtain raiser to the scheme.
Companies in the the transport industry are scrambling to stake their claim in the internet shopping delivery bonanza.
Queensland entrepreneur Jason Healy launched electronic cigarette maker blu eCigs in 2009, later selling it for $US135 million. Here’s how a true-blue Healey rounded up a fortune in Charlotte, North Carolina. BY OLIVER MILMAN.
AppVillage, a new incubator for start-up app developers, has rolled out with plans to grab a slice of a growing global downloads market, after snaring $250,000 in seed funding.
Climate Friendly, a business that helps households and companies reduce their contribution to climate change, has been named the City of Sydney Business of the Year 2012.
There's optimism among the ranks of Australia's most successful entrepreneurs about the business environment.
Let’s face it, Australia is a tiny part of the world economy. If you’re ready to go global, here are five key steps to rapidly getting your export operation off the ground. BY OLIVER MILMAN.
Queensland start-up Vaxxas is relocating to Massachusetts after striking a major new deal with biotech giant Merck, one of the largest vaccine firms in the world.
Innovators in the sports technology sector are being tipped to receive long-overdue commercialisation opportunities following the launch of an industry body and an upcoming multi-million dollar investment fund.
A US start-up called Twice is pushing the ‘acqui-hire’ trend to new levels by offering $1 million to acquire any “well-qualified” technical and design-savvy entrepreneurs who have failed with their own ventures.
The NAB Monthly Business Survey indicates business confidence is still very patchy.
If your start-up is developing a new invention, the Federal Government's R&D Tax Incentive can return up to 45 cents for every dollar spent on it. Here are some facts to be aware of before you apply. BY MAHESH SHARMA.
Recent renovations at Taskmaster Towers have unearthed a valuable business lesson for anyone planning or building a major project.
The national business name register is continuing to give start-ups headaches.
A growing number of entrepreneurs launch start-ups while still in full-time work. However, if you’re thinking about building a business part-time, there are risks you must be aware of. BY ALEXANDRA CAIN.
Newly launched platform OzFounded is to put Australian start-ups on the map – quite literally – in a bid to facilitate networking among entrepreneurs and technology companies.