How easy is it to do business in Australia? Apparently, it's easier than doing it in Germany, Japan and Portugal. And it's a damn sight easier than in Argentina or the Solomon Islands. That's the assessment by The World Bank and the International Finance Corporation in their latest rankings of the world's economies. On the other hand, Australia crawled in at 63rd for "dealing with construction permits" and 59th for "protecting investors". Ouch!
Last year, the Pearcey NSW ICT and Digital Media Entrepreneur awards celebrated much talent, including that of Lars and Jens Rasmussen for the pinnacle award. The awards are back and the committee needs some nominees!
Australian online department store, CatchOfTheDay, has local supermarket big kahunas firmly in its sights. CatchOfTheDay trialled the discounted groceries model for 12 months before launching GroceryRun. The company offered groceries as part of a two-day event each month. It sold, on average, two grocery items a second, netting more than $1 million in just 48 hours.