Having a big name involved in your start-up is likely to draw investor and media attention to your business, but it’s unlikely to sustain it in the long term.
Billionaire speculator Warren Buffett has given away $13,000 worth of highly-prized shares in his company, Berkshire Hathaway, to a group of budding entrepreneurs aged under 16.
Shadow treasurer Joe Hockey has predicted an end to the culture of “entitlement” within western countries, claiming that it is financially unsustainable.
The Federal Budget will forecast an extra 500,000 jobs will be created over the next two years, treasurer Wayne Swan has revealed.
The Bank of Japan has again intervened to prop up the nation’s financial system, pumping an extra 7 trillion yen, or $84 billion, into the marketplace.
Rising company profits at a time of falling tax revenues could indicate a “fragility” in the corporate tax system, the Tax Commissioner has admitted.
Telstra has released more details of its T-Tab tablet device. The tablet is set to significantly undercut Apple’s iPad with a price of $299. However, the device will be tied to the Telstra network.