Treasurer slams Commonwealth Bank culture as ’epic fail’

- August 11, 2017 < 1 MIN READ

Federal Treasurer, Scott Morrison has labelled the Commonwealth Bank’s alleged breach of Australian money laundering laws as an “epic fail”. The Treasurer suggested it was now up to the bank to regain public trust, following what he described as “serious allegation”. Despite this, Morrison ruled out the possibility of the government pursuing a Royal Commission.  Morrison… Read more »

Small business

CityIGNITE program set to fire up startups

- August 9, 2017 2 MIN READ

Sydney entrepreneurs looking to kickstart their business dreams are set to be inspired at CityIGNITE. The two-day event will see public and private sector business leaders showcasing smart city solutions through new technologies, data sharing and strategies to support local business people. The event will bring together over 200 business, research and technology leaders with… Read more »


Postcard business Avant Card finds new buyers

- August 7, 2017 < 1 MIN READ

Beloved postcard advertising business Avant Card has received a reprieve after businessman Sam Dell’Aglio snapped up the brand’s Sydney, Melbourne and Brisbane displays and distribution lists. Avant Card founder Pat Mackle announced she would be closing the iconic business in July, saying the free postcard model was no longer viable in this world of digital… Read more »


Goodbye Gap: Oroton pulls the plug on its franchise

- August 7, 2017 < 1 MIN READ

The Gap’s six Australian stores are set to close their doors within the next six months; with Oroton Group announcing it will end its relationship with the American clothing giant. Oroton said it expected to cease trading at its Gap stores by January 2018. The troubled accessory brand is said to be closing The Gap… Read more »

Business Basics

Changing minds and behavior is at the heart of the Memobottle Kickstarter campaign

- August 3, 2017 4 MIN READ

A shared love of the environment has taken childhood friends, Jesse Leeworthy and Jonathan Byrt, on a quest to push Australians to make more sustainable choices when it comes to their obsession with bottled water. Leeworthy tells Kochie’s Business Builders the idea for their beautifully designed re-usable water bottles came from a shared frustration of… Read more »


Roy Morgan finds Consumer Confidence on the rise

- August 2, 2017 < 1 MIN READ

It’s good news for small businesses, as Consumer Confidence reaches it highest rating in recent months. According to findings released in the ANZ-Roy Morgan Australian Consumer Confidence Index, Consumer Confidence is up by 2.3 per cent. Analysts are suggesting the increase has been driven by consumers’ improved outlook on the current economic conditions. Households’ views… Read more »


Reserve Bank puts cash rate on hold at 1.5 per cent

- August 2, 2017 < 1 MIN READ

The Reserve Bank of Australia (RBA) has announced it will leave the current cash rate at 1.5 per cent. In a statement to media, RBA Governor, Philip Lowe said the economy is still on track to grow over the coming twelve months but cautioned the rising dollar could slow the pace of growth. On Tuesday… Read more »