THE NEWS WRAP: A Coalition victory would cost businesses $4.57 billion: Treasury

11:12AM | Monday, 5 November 2012 |  The first year of a Coalition government would cost Australian businesses $4.57 billion, according to a Treasury forecast.

The Chocolate Room to open 200 Chinese stores

11:57PM | Friday, 2 November 2012 |  Australian café franchise The Chocolate Room has announced an ambitious plan to open 200 outlets in China, along with stores in Europe and the Middle East, despite having just seven stores here.

VC-backed companies up 9% amid “vibrant” start-up scene

11:50PM | Friday, 2 November 2012 |  The number of local companies that received venture capital in the 2012 financial year increased by 9% to 83 companies, reflecting the “vibrant, domestic start-up scene”, a new report claims.

New research reaffirms potential of China and India for retailers

11:09PM | Thursday, 1 November 2012 |  New research reaffirms the potential of the Chinese and Indian markets for retailers, but categories such as fashion are being outshone by more “necessary” categories such as health.

Victorian Govt unveils $8 million Technology Voucher Program

11:05PM | Thursday, 1 November 2012 |  The Victorian Government has unveiled the $8 million Technology Voucher Program in a bid to drive the use of cutting-edge technologies, offering vouchers worth up to $250,000.

Corporate spending on Melbourne Cup spurs business opportunities: IBISWorld

10:50PM | Wednesday, 31 October 2012 |  This year’s Melbourne Cup Carnival will see spending increase by 4.1% on 2011, according to IBISWorld, which has highlighted oppportunities for retailers and regional tourism operators.

THE NEWS WRAP: Health overtakes retail as biggest employer

10:11AM | Wednesday, 31 October 2012 |  The healthcare and social services sectors now employ more people than any other industry in Australia, according to results from the 2011 Australian census.

StageBitz snags $890,000 from multiple investors

10:31PM | Tuesday, 30 October 2012 |  Tech23 alumni StageBitz has raised $890,000 in funding from investors including ANU Connect Ventures and the Sydney Angels Sidecard Fund, as it seeks to revolutionise the arts industry.

Complaints to the Fair Work Ombudsman are soaring: Report

10:03PM | Tuesday, 30 October 2012 |  Complaints to the Fair Work Ombudsman are soaring, with the Ombudsman's annual report revealing there were 26,366 complaints in the past year, up from 21,890 during the previous year.

THE NEWS WRAP: Wall Street shuts down amid Hurricane Sandy

10:54AM | Tuesday, 30 October 2012 |  Analysts say the Australian sharemarket will be taken down a notch this week, as Wall Street shuts up shop in anticipation of Hurricane Sandy.