SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY

SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY

TO RETAIN the best and brightest employees it sometimes seems like a good idea to offer more money, but recent research suggests that cash doesn't always talk. A study, commissioned by specialised recruiter Robert Half surveying 160 chief financial officers in Australia, shows more than 94 per cent of Australian CFOs have extended cou...

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CEOS BRAVE THE COLD TO RAISE $1.4 MILLION FOR THE HOMELESS

CEOS BRAVE THE COLD TO RAISE $1.4 MILLION FOR THE HOMELESS

MORE than 400 executives confronted the cold last night in the annual Vinnies CEO sleepout, which took place beneath the Story Bridge. Participants got a taste of what around 105,000 Australians living on the street experience every night, and in doing so raised around $1.4 million to aid the homeless. Among the 400 executives, manage...

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QLD'S CHIEF ENTREPRENEUR ON CURRENT 'TSUNAMI' OF TALENT: MARK SOWERBY EXCLUSIVE INTERVIEW PART 1

QLD'S CHIEF ENTREPRENEUR ON CURRENT 'TSUNAMI' OF TALENT: MARK SOWERBY EXCLUSIVE INTERVIEW PART 1

HE SPENT a decade conceiving and building Blue Sky Alternative Investments (ASX: BLA) into an ASX top 300 company and when Mark Sowerby stood down as managing director in August 2016, he was looking to spend more time with his growing family after years of long hours away from home.

But he'd barely packed his cardboard box and said h...

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HOW TO MANAGE OFFICE MOVES: FIVE ESSENTIALS TO PUT INTO ACTION

HOW TO MANAGE OFFICE MOVES: FIVE ESSENTIALS TO PUT INTO ACTION

IF YOU own a business, you will know that the decision to move premises isn't made lightly. Once your business starts to grow, on the one hand it's very exciting, yet on the other it can present a problem for the ill-prepared.   Relocating to a larger space often requires months of planning, and the costs of moving particular...

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WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent premium over the ASX200, a new index has found. The Employee Ownership Australian Index (EOAI) reveals that companies which are at least 30 per cent owned by employees tend to have better environmental, social and governance stand...

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SCREEN QUEENSLAND CEO TRACEY VIEIRA RESETS THE STAGE FOR FILM SUCCESS

SCREEN QUEENSLAND CEO TRACEY VIEIRA RESETS THE STAGE FOR FILM SUCCESS

TRACEY VIEIRA has led Screen Queensland to three of its best years since taking over as CEO in 2014, bringing the organisation out of a malaise that had set in amid bullying claims and the resignations of two CEOs.

Its renewal culminated in FY16 when the organisation secured a direct economic spend of $218 million through international p...

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RED ROOSTER CONTINUES TO CLUCK UP A STORM

RED ROOSTER CONTINUES TO CLUCK UP A STORM

THE age-old saying, 'winner winner, chicken dinner' encapsulates the fondness that Australians have for a good old roast chicken. It is this widespread sentiment and the numerous growth initiatives undertaken by chief executive Chris Green (pictured) which keeps Australian franchise, Red Rooster holding strong despite a wave of di...

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PLAN TO PROVIDE 'PURPOSE' AND 'INTENT' FOR QUEENSLAND ECONOMY

PLAN TO PROVIDE 'PURPOSE' AND 'INTENT' FOR QUEENSLAND ECONOMY

FIVE areas vital to the future growth of the Queensland economy have been identified in an upcoming Deloitte Access Economics report.

The Shaping Future Cities report, to be released in April 2017, will outline a master plan for the restructure and revamp of the economy over the coming decade.

The initiative enlists the help of a co...

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MERGER PROVES A TONIC FOR TERRY WHITE PROFITS

MERGER PROVES A TONIC FOR TERRY WHITE PROFITS

CHEMIST retailer Terry White Group has posted a healthy doubling of underlying earnings over the past year, aided by the acquisition of the Chemplus network in 2015. The Brisbane-based Terry White Group, which is close to finalising an even bigger merger with rival chain Chemmart this month, has revealed a 107 per cent surge in earnings b...

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SOWERBY THE ENTREPRENEUR BECOMES A PROFESSOR

SOWERBY THE ENTREPRENEUR BECOMES A PROFESSOR

AFTER spending a decade building Blue Sky Alternative Investments (ASX:BLA) into one of Brisbane's biggest listed companies, founder Mark Sowerby is now poised to share his secrets to success with budding entrepreneurs. Sowerby, who announced last month that he was resigning as CEO of the Brisbane-based investment group to spend more ...

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NEW ACCREDITATION HIGHLIGHTS FLEXIBLE EMPLOYERS

NEW ACCREDITATION HIGHLIGHTS FLEXIBLE EMPLOYERS

SOCIAL enterprise Diverse City Careers (DCC) has launched a new accreditation to recognise employers offering flexible workplaces. The Flex Able Certification was initially developed by employment agency Flex Able Jobs, with co-founder Christina Smerdon on hand to oversee the process. Companies advertising with DCC are eligible to go ...

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GENERAL ASSEMBLY BUILDS UP BIG IN AUSTRALIA

GENERAL ASSEMBLY BUILDS UP BIG IN AUSTRALIA

GENERAL Assembly is going big in Australia and laying groundwork in our Sunshine State.

The digital literacy business, with campuses all around the world, has just opened in Brisbane, the Sunshine Coast and Geelong.

Already the New York company has campuses in Melbourne and Sydney offering design, marketing, technology and data cour...

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SLATTERY STARTS NEW VENTURE

SLATTERY STARTS NEW VENTURE

TECH and telco entrepreneur Bevan Slattery has today launched a world first directory, Cloudscene, which will give a leg-up to his two ASX-listed businesses.

Cloudscene is the world's first comprehensive directory of data centres and cloud service providers.

The business lists more than 4700 data centres and over 4200 cloud/inter...

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STRAIGHT TALK: STARTING AND SELLING BUSINESS

STRAIGHT TALK: STARTING AND SELLING BUSINESS

INVESTOR, entrepreneur and managing director of a private investment business, Jason Titman, has helped start and sell a number of hospitality businesses. 

With a few business partners, Titman started to invest in Queensland businesses through Integr8 Investment Group. This vehicle helped start and sell businesses including Regatta ...

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DOUGHNUT TIME: THREE TIPS TO SCORE A BUSINESS HOLE-IN-ONE

DOUGHNUT TIME: THREE TIPS TO SCORE A BUSINESS HOLE-IN-ONE

DAMIAN Griffiths is so much more than Mr Doughnut Time.

The Brisbane entrepreneur and former immigration lawyer has spun a world of successful businesses, starting with backpacker accommodation 12 years ago.

His plans were soon upgraded as he travelled Europe and spotted a growing market for boutique, budget hotels. This sparked his...

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MCCANN BUYS OUT BRISBANE AGENCY

MCCANN BUYS OUT BRISBANE AGENCY

BRISBANE communications agency The Red Republic has joined forces with McCann Australia, the world's largest agency network.

Effective immediately, the global company has merged the PR, social media, experiential and design expertise of The Red Republic.

McCann's Australian offices are in Sydney, Melbourne, Brisbane and the Gold Co...

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HOW STAN GORDON WOULD SAVE EAGLE BOYS

HOW STAN GORDON WOULD SAVE EAGLE BOYS

STAN Gordon has stepped forward as a suitor for embattled pizza chain Eagle Boys. "Are we the right guys? I think we are," Gordon, the owner of Melbourne-based Franchise Food Company, tells Business News Australia. NBC Capital, which bought the business off founder Tom Potter in 2007, called in receiver SV Partners on Thursday 14 ...

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PRINCE MIXES PHILANTHROPY WITH BUSINESS AT ZAMBRERO

PRINCE MIXES PHILANTHROPY WITH BUSINESS AT ZAMBRERO

SOMETIMES, after building a successful business and making millions, entrepreneurs will turn their thoughts to philanthropy. Zambrero founder Sam Prince took a different approach. He intertwined the commercial focus of his Mexican restaurant chain with the philanthropic goals of his social enterprise, Plate 4 Plate, right from the beginning, in ...

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7 POINTS FROM JULY'S DELOITTE BUSINESS OUTLOOK

7 POINTS FROM JULY'S DELOITTE BUSINESS OUTLOOK

DELOITTE Access Economics released its monthly Business Outlook today. It puts Brexit in perspective for Australia and explains how Australia is growing, despite some strong headwinds. Business News Australia has broken the Deloitte report down to seven points:

China matters more than Brexit

"Although a renewed burst of credit ...

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FROM THE TANK: SHOULD YOU EVER WHACK-A-MOLE?

FROM THE TANK: SHOULD YOU EVER WHACK-A-MOLE?

A FAST-PACED game of whack-a-mole often evolves as a business begins to scale up.

Based on my past experience with Greencross (ASX: GXL) and my work these days on a number of companies including Shark Tank startups, it seems the faster you grow, the more chaos occurs.

For the unacquainted, whack-a-mole is the game you sometimes play as lit...

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JAMIE PHEROUS: WHY IT PAYS TO KEEP THINGS SIMPLE

JAMIE PHEROUS: WHY IT PAYS TO KEEP THINGS SIMPLE

JAMIE Pherous, founder of Corporate Travel Management (ASX: CTD), believes 'keeping things simple' has allowed him to transition from accountant to literal high flyer.

The former accountant says his days travelling for Arthur Andersen, now Ernst & Young, specialising in financial consulting across Australia, Papua New Guinea ...

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FROM THE TANK: HOW I PICK TECH COMPANIES

FROM THE TANK: HOW I PICK TECH COMPANIES

JAMIE Pherous, the founder of Corporate Travel Management (market cap $1.4 billion) said it well at the Brisbane Business News breakfast last week: "Business is simple, don't overcomplicate. Learn the rules of the game and play hard". 

Business is a little like a game of rugby, where you pass the ball backwards an...

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TELSTRA VETERAN JOINS NETO TEAM

TELSTRA VETERAN JOINS NETO TEAM

NETO has recruited a Telstra veteran to boost its presence in Australian retail.

Tony Pearson has been hired as the company's first director of sales channel development.

Pearson spent more than 20 years in senior management roles at Telstra (ASX: TLS) and Vita Group (ASX: VTG).

Telstra became a 51 per cent owner of Neto in...

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SNAP EXPANDS 9ROUND IN SURVIVAL OF THE FITTEST

SNAP EXPANDS 9ROUND IN SURVIVAL OF THE FITTEST

SNAP Fitness Australia has flexed its muscle against industry challengers, such as online fitness guides and F45 team training, by diversifying its offering. The Brisbane-based gym franchise has introduced US training concepts YogaFit and 9Round to offer members wellness and high intensity training. YogaFit will launch later this year...

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FROM THE TANK: TO IPO OR NOT TO IPO?

FROM THE TANK: TO IPO OR NOT TO IPO?

IT ALWAYS intrigues me that nirvana for entrepreneurs seems to be the big IPO that's supposed to deliver oodles of cash.

An IPO is a complex exercise that includes months of preparation, due diligence and the construction of a conscientious prospectus that states a clear reason for listing and how the funds will be used. Cashing out ...

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FEAR OVERSHADOWS BUSINESS ASPIRATIONS: SURVEY

FEAR OVERSHADOWS BUSINESS ASPIRATIONS: SURVEY

ONE in 10 Australians believe they could do a better job of running the nation's top businesses, according to Silver Chef. A survey conducted by the Brisbane-based hospitality equipment financier has found that while Australian workers enjoy the financial security of working for someone else, almost a quarter dream about quitting thei...

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FROM THE TANK: DIVING INTO POLITICS

FROM THE TANK: DIVING INTO POLITICS

A DECADE ago I faced an important career decision which could have changed the course of my life. 

Option one, pack our bags and head to Brisbane to head up Greencross as we finalised plans to list on the ASX. Option two, seek endorsement by a political party to run for State or Federal Government in the local Townsville area. Lisa, my w...

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LESSONS FROM GLOBETROTTING ENTREPRENEURS

LESSONS FROM GLOBETROTTING ENTREPRENEURS

ARRIVING from 'startup utopias', these three globetrotting entrepreneurs still hold lofty ideas about Australia's startup ecosystem.

Business News Australia recaps the teachings of Brisbane's most recent Visiting Entrepreneurs who work in the startup trenches of San Francisco and Amsterdam. 

An initiative of Dig...

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HUANG BUILDS ON A VISION WITH HOTEL JEN

HUANG BUILDS ON A VISION WITH HOTEL JEN

ENTRUSTED with reinvigorating a tired hotel brand in Brisbane, Claire Huang decided to cast her net to the wider Roma Street community as well. Hong Kong-based Shangri-La Hotels and Resorts acquired the 191-room property above the Brisbane Transit Centre from Holiday Inn in 2012. The company used the opportunity to launch its Traders ...

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PEARLS OF WISDOM FROM THE TOP

PEARLS OF WISDOM FROM THE TOP

GREENCROSS (ASX: GXL) founder Glen Richards is making a splash on Shark Tank. He chats to Business News Australia about those times when splashes are necessary in business and when it's a more matter of riding out the ebbs and flows.

Richards recalls being served up a fortune cookie with a bite-size treat: "you can never plough ...

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