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Australia needs a public policy rethink to realise the massive potential for innovation in the SME sector to achieve increased national productivity and economic prosperity, according to the Institute of Public Accountants (IPA).Add a comment
One of the highest overhead costs to Australian businesses is the cost of energy. In fact, commercial buildings are one of Australia’s biggest electricity consumers. As a business owner or a chief financial officer, it’s important to keep your eye open for energy and cost saving techniques that can be implemented into your business practices.
Retail sales figures for July 2015 by the Australian Bureau of Statistics (ABS) have shown another month of healthy year on year growth, according the Australian Retailers Association (ARA), increasing by 4.2 percent in July 2015, and following on from growth of 4.9 percent in June.Add a comment
As consumers, we all know how off-putting it can be when retail staff lack product knowledge, are unhelpful, or struggle to process your purchase at checkout. All of these things come down to a lack of training and they significantly impact shopping experience.
Teradata Corp. (NYSE: TDC), the big data analytics and marketing applications company, today issued a global report on the state of big data analytics as currently practiced across six industries. Based on a survey of 316 senior data and IT decision-makers in leading companies, the report is derived from a questionnaire designed by Forbes Insights, and sponsored by Teradata in partnership with McKinsey.Add a comment
A comprehensive, independent review of the Export Market Development Grants (EMDG) scheme has found the grants remain integral to the success of Australia’s international businesses.Add a comment
Today a selection of Australia’s most successful business leaders have joined a new mentoring, business advisory and support service called ‘The Boardroom’, for existing and aspiring CEO’s, business owners and senior executives.Add a comment
There is a common misconception in business that more is better, when in fact the inverse is usually true. The more you can ruthlessly cut the clutter from your business, the faster your business will grow. This is a lesson that both first-time entrepreneurs and seasoned business owners often fail to heed.
Australian small business owners are under immense pressure and risking their wellbeing, with almost half (45%) claiming their stress levels have increased in the past 12 months and a quarter feeling burnt out, according to Officeworks’ inaugural Small Business Wellbeing Index.1Add a comment
Foreign exchange risk management strategies are actively being used by Australian businesses to manage issues around cashflow and margins according to a new survey of 450 financial decision makers in four major developed markets.Add a comment
When you're undertaking a rebuild or even starting from scratch, it pays to know where your materials are made. Recent investigations into the Lacrosse Residential Apartment Building fire in Docklands, Melbourne in 2014 found that the cladding material was imported from China and was not tested to Australian standards. These investigations sparked a Senate inquiry into the current regulatory framework for imported building products.
Small and medium business (SMB) owners forever at the mercy of IT managers, aging servers and expensive phone systems will now be able to access all their telecommunications and IT needs in a ‘one stop shop’.Add a comment
Government news for business
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