Tag: australian bureau of statistics

The Australian Bureau of Statistics states that 50% of all SME operations go out of business within three years and over 40% of these failures are due to poor cash management.

​Xero, a leading cloud accounting software, recently announced the launch of the Business Gold advice guide, featuring insights from champion swimmer and gold medallist Michael Klim, to help small businesses succeed.

Bulletproof Business by Shayne and Jason Cook together with David Dugan teaches smart strategies on how to protect, maximise and accelerate your business

A new report reveals Australian businesses earned a record $266.8 billion from internet sales in 2013-14, while more are using social media to build their brands.

Australian entrepreneurs have a lot of things in spades – ideas, passion, skills and the guts to start a business – but new research...

Westpac is calling on start-ups and agribusiness entrepreneurs to develop new ideas to revolutionise Australia’s agricultural sector as part of a competition called the...

PwC’s The World in 2050 report predicts that the Australian economy will drop from its current rank of 19 to 29 by the middle...

According to the Australian Bureau of Statistics, 40 per cent of new businesses in Australia fail within four years. No-one ever plans to fail,...

According to the Australian Bureau of Statistics, over 3.3 million Australians are now aged over 65, and in most cases, a family member (usually...

The latest data shows that consumer discretionary spending has slowed to near molasses momentum. The Commonwealth Bank’s latest Business Sales Indicator (BSI) rose by 0.3 per...

Once the domain of professionals climbing the corporate ladder to senior management, MBAs are increasingly becoming the qualification of choice for entrepreneurs. While no formal...

With significant structural change sweeping across a number of Australian industries –manufacturing, motor vehicle manufacturing and mining to name a few – it’s little...

We reported how many Aussie businesses are stuck on old school accounting, with one in seven SMEs (13.6 per cent) not even using basic...

Accurate accounting is absolutely essential for the success of any business, right? It is therefore shocking to learn that according to a recent report...

Increasingly, we are driven by data. A lot of our perceptions is shaped by numbers. And we also let data dispel a number of our misconceptions.New economic data from the Australian Bureau of Statistics do both – open our minds to new ideas and dispel some misconceptions as well.

Roy Morgan Research has found that companies that went online earlier benefited the most – not just in online growth, but also offline, reflecting the synergies with traditional brick-and-mortar business. Over the past year, businesses that already had online sales grew 5% but those that didn’t – or didn’t for at least 12 months – saw revenues decline 4%. Also, nearly one out of two (49%) businesses that sold online for at least a year saw higher revenues whereas that was true for only one out of three (36%) businesses that didn’t engage in e-commerce.

Guess what Australian accountants forgot during the last tax season? The Internet. Taxpayers scrambling to beat the June 30 deadline thronged to Google’s search service to find meaningful tax services online but may have found precious little, according to the search giant.

We’re all living longer these days thanks to better medical care and healthier living. German-based demographer, James Vaupel, estimates that the average baby girl born in Western societies today will live to 100 years old. Meanwhile, the Australian Bureau of Statistics forecasts a baby boy’s life expectancy is 79 and a baby girl’s life expectancy is 83. Whichever number you believe, compared to 100 years ago we’re getting older.

We won't give away the ending to this environmentally conscious flashmob event staged at a shopping mall somewhere in Quebec, Canada. We will say 1) that the video makes a disappointing statement about attitudes toward recycling and 2) one person ends up being a really good sport.

Economist Alberto Posso recently sat down with Talking Business’ Leon and Garry to chat about the Australian Bureau of Statistics’ (ABS) release of trade figures and Australia’s new surplus.