Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. The dream of business ownership is drifting out of reach for young Aussies In the past, starting a business was a young person’s golden ticket to financial independence. Today, however, for many young Australians, this dream is… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Consumers opt for convenience and money-saving technologies amidst higher cost of living Budget-conscious Australians are redirecting funds towards essential goods and services or savings, and changing their shopping and spending habits in response to cost of living… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Australia’s inflation rate eased to 4.9% in July, down from 5.4% in June Australia’s inflation rate eased last month to its lowest level in 17 months, led by falling prices for fresh produce and automotive fuel, reducing… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Australia’s nervous watch for any great fall of China Economic troubles in China could hit Australian jobs and growth. Treasurer Jim Chalmers said the slump in China’s economy painted a worrying picture. Intergenerational report 2023: six key… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. A survival guide for SMEs in the face of inflation Inflation is a challenge for all businesses, but the sting is especially painful for SMEs. With limited resources, they can find themselves struggling to absorb costs associated… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Australia lags US in beating inflation Australia is lagging considerably behind the United States in combating inflation, with recent data showing a vast disparity between the two nations. ASIC accuses $13.6b Active Super of greenwashing its investments… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Stoking the engine room of the Australian economy The nation’s fleet of small to medium-sized businesses boosting economic growth has been one constant amid the technological and demographic transformation of the Australian economy. Enabling them to be more… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Another 1.3 billion consumers will shop online by 2027 Online retailers should be gearing up for the addition of a further 1.3 billion consumers worldwide joining the ranks of online shoppers by 2027, says market research firm… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Why Aussies are ditching cash New data by Reserve Bank of Australia has revealed that the number of Australians paying by cash has more than halved since 2019. Of the people who held cash in their wallet… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Tradies say raising pension age “unfair” after a life of hard work takes its toll Hardworking Aussies fear a decision to lift the pension age to 67 means they will be forced to work even longer in… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. One of biggest defence deals in Australia’s history inked in Berlin Australia will export more than 100 Brisbane-made Boxer heavy weapon carrier vehicles to Germany starting in 2025 under a $1 billion deal. The military vehicles will be… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Electricity prices rising In May, the Australian Energy Regulator (AER) confirmed that energy prices would rise by 19.6 per cent and 23.9 per cent in NSW, SA and southeast Queensland. Electricity prices are set to increase by… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Almost 950,000 Aussies working two jobs to combat cost of living crisis According to the Australian Bureau of Statistics, almost 950,000 Australians are working multiple jobs. Australians are jumping onto that side hussle to help combat the… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Suncorp forced to pay back $32 million to underpaid employees Suncorp’s insurance arm paid $32m to over 15,800 underpaid staff for not paying them the minimum wage. Read More Australian inflation is stubbornly high. Some countries don’t… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Be ready – recession or not Businesses should be prepared for a recession, even if one is not imminent. Planning ahead and having a strategy in place can help businesses survive and even thrive during a recession.… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. ‘Most significant’ scam targeting Aussies Scammers have taken advantage of the second-hand sale market by using a PayID scam to steal over $260,000. The scam involves the scammers creating fake PayID accounts and using them to receive… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. First Aussie social media platform for business owners launched A new social media platform, called ‘Business Connect’, has been launched in Australia. It is designed specifically for business owners, allowing them to connect with other business owners,… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. The good, bad and indifferent of the Federal Budget: a small-business owner’s view The Federal Budget has both positives and negatives for small business owners, such as tax cuts and increased access to capital, but also increased… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Why the RBA should not use interest rates to target the housing market or debt A panel reviewing the Reserve Bank of Australia RBA has recommended against using interest rates to target the housing market or address… Read more
Welcome to this weeks edition of the Business News Update. Read on for the latest updates in regard to Regulations and Business News, hopefully providing information to help you to successfully move forward. Federal Court decision shakes up public holiday rostering rules for employers A recent ruling by the Federal Court requires employers to request their employees’ availability to work on public holidays in advance instead of just rostering them… Read more