Home Tags Australian economy
Tag: Australian economy
Startups today are no longer reinventing the wheel. Given that they’re often nimble innovators themselves, startups are trusting other startups with handling some of the most fundamental parts of their business.
It is important that Australia increases the number of women founders as it sets an example for females of all ages that they have the power and authority to establish enterprises that give rise to their dreams.
The survey of more than 600 small business owners across the country revealed that one in two (50 per cent) respondents are not satisfied with the government’s management of the Australian economy.
Close to half of Aussie small businesses surveyed (49 per cent) indicated they were ‘very’ or ‘extremely confident’ of growth in the next 12 months, however nearly one in three had a neutral outlook — believing their business will remain stagnant.
Given the wealth of innovation here, it’s no surprise that that 38 percent of cash-generating Australian startups already have export revenue. But for that other 62 percent to really thrive, they’re going to need sell across the Indian Ocean.
Queensland cruise operator Frankland Islands Cruises, and New South Wales technology company Intersective are among the first Australian small businesses to benefit from export funding through the Small Business Export Loan, the latest finance offering for small businesses from Efic, Australia’s export finance agency.
The 15-year qualitative and quantitative research study benchmarked the motivations of successful entrepreneurs and business builders to answer the question: is an entrepreneur born or can they be developed?
This year, the Credit Suisse Global Wealth Report indicated that Australia has the highest median wealth per adult in the world, so we should...
Conditions remained tough last financial year. Twice as many businesses experienced a fall in revenue and two in three estimated that economic improvement was more than 12 months away. What’s more, the highest levels of SME dissatisfaction with the Federal Government in the history of the research were recorded.
“If we are to truly address the problems associated with workplace bullying and its cost to the economy, we need to broaden our focus beyond punitive measures and how we deal with incidents once they have occurred,” Dr Gutierrez said.
Australian CEOs are sceptical about the next six months. Many were doubtful that overall business and economic conditions would improve by the end of the year. Less than a third (31%) thought they would be better in six months’ time, while almost one in four (22%) thought they would get worse.
A new report by analysts Dun & Bradstreet has found a 23% increase in business failure in 2010. The relative strength of the Australian economy was no match for rising costs and delayed payments, with many businesses folding despite Australia's success weathering the global financial crisis, in comparison to other nations.
Talking Business is a podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. In this podcast, RMIT economist Sinclair Davidson talks about what’s been described as Australia’s “bipolar economy” with the mining sector booming but other sectors like retail and manufacturing struggling.
Many Australians may view Malaysia as a tourist spot or source of some seriously hot curries, but there’s much more to the story. In fact, the relationship between the two nations goes back decades, says Tim Harcourt, and as the Malaysian economy accelerates, Australia will continue to play an important role in its development.
Leon and Garry talk about how Australians should be bracing themselves for more interest rate rises, possibly four, as the RBA manages the largest minerals boom since the 19th century. Meanwhile, the Aussie dollar soars to a two-year high, and while Australia’s commodity forecaster predicts a jump in commodity exports, consumers continue to tighten their belts.
In this podcast, Garry and Leon talk about the surprising growth in Australian GDP and soaring gross operating profits. Confidence among Australian farmers has reached a two and a half year high with rising commodity prices and winter rains. But unemployment is rising and companies are paying out less with dividends.
This week’s podcast is abuzz with news about China. Leon and Garry discuss China’s overtaking Japan to become the world’s second biggest economy and the implications for Australia.
RMIT economist Jonathan Boymal talks about the low wage price increases and cost of living increases.
In this week’s podcast: Garry and Leon talk about the RBA holding interest rates at 4.5%. Despite that, evidence suggests that inflation is building a head of steam and economists expect interest rates of 5% by the end of the year. Plus, more on housing prices, the mining boom, and Optus’ advantage over Telstra.
RMIT economist Steve Kates talks about the economic issues in the election campaign. He says the latest ACCI investor survey shows that business performance has deteriorated sharply after a rebound and suggests that the next government will have to deal with a softer economy.