Advancements in technology are forcing cash to gradually become redundant, and the government is in favour of cashing in coins for digital dollars. There are many valid arguments both for and against a cashless economy (keep reading for details), but ultimately it is the government and the powers that be that will dictate how we… Read more »
Amazon is now reportedly worth over $430 billion dollars according to FactSet. It is a behemoth of a company that is going to shake up the Aussie retail sector. Some might say this ‘shake-up’ is well overdue. Small businesses, brands and retailers alike need to be prepared and this might be the kick in the… Read more »
Late payments are the single biggest issue for the small business community. According to Dun & Bradstreet, late payments have increased since the start of 2017 reaching its highest level since 2014. On average, 59.8% of Australian businesses pay their bills on time, while 9.5% pay in excess of 60 days. Here’s what you need… Read more »
The Federal Budget 2017-2018 is looming and will be revealed 7.30pm (AEST) on Tuesday 9 May 2017. In the meantime, many small business owners are left wondering what the outcome will mean for them? According to new research from MYOB, almost half of Australian small businesses aren’t confident the Budget will work in their favour. Small business owners were… Read more »
According to the MYOB Business Monitor, many small to medium business owners believe the sharing economy is having a positive impact on their business. A national survey of over 1000 small business owners found that the franchise sector was the most positive about the sharing economy, with 71% of franchisors and 41% of franchisees reporting… Read more »
Small businesses need a mechanism set up so they can resolve issues and disputes with banks quickly rather than a drawn out conversation says Kate Carnell, Australian Small Business and Family Enterprise Ombudsman (ASBFEO).
Australians no longer need to look far into the future to see how the new wave of digital disruption is transforming the business landscape.
Innovation is a central theme of the 2016 Australian election campaign and leaders need to tap into Australia’s multicultural diaspora for innovative ideas.
With an economy in transition, Australia is facing new challenges when it comes to attracting and retaining a high potential workforce.
Results released today from Dun & Bradstreet’s May Business Expectations Survey have highlighted a continued downward trend in expectations.
NAB Group Chief Economist Alan Oster said SMEs remain relatively resilient but are still lagging in the first quarter of 2016.