Almost 6% of all Australian businesses launched during the past 12 months, with the eastern states outshining boom state Western Australia in terms of new enterprises, according to data intelligence company Veda.
Overall growth in business credit applications eased to 4.5% over the year to the June quarter, a Veda report reveals, suggesting start-ups are bypassing business loans for other forms of credit.
New research reveals business credit inquiries increased in the first quarter of 2012, with demand driven by the mining states, suggesting start-up opportunities in mining regions are on the up.
As a new business, it’s natural to feel overjoyed at your first sales. Customer validation of your idea is essential if your start-up is to succeed.
The new national PPSR, which commenced today, will allow lenders and businesses to register their security interests, replacing several state-based registers.
An interest rate cut on Melbourne Cup Day looks increasingly likely, with new figures showing consumer inflation rose just 0.6% in the third quarter, down from 0.8% in the second quarter.