THE POWER TO RESTORE CONFIDENCE IN MONEY

THE POWER TO RESTORE CONFIDENCE IN MONEY

WHEN Peter Lord discovered his mother's retirement fund was running dry following a divorce that left her without a viable financial plan, he was determined to find a way to restore her confidence in money. From the initial experience in guiding his mum back to financial happiness, Lord developed a general desire to empower people, pa...

Read More...
PRIVATE EQUITY CURE FOR START-UP PAIN

PRIVATE EQUITY CURE FOR START-UP PAIN

PRIVATE equity firms will become the lifeblood of Australia's next generation of technology start-ups, providing funding, business strategy and connections, according to Dropbox Australia. Speaking at the annual AMMA Private Equity Spring Conference, Dropbox Australia country manager Charlie Wood (pictured) says there's no shortag...

Read More...
RISE IN JOBS ADS NO REASON FOR JOY

RISE IN JOBS ADS NO REASON FOR JOY

A RISE in job ads over August has failed to stem the slowdown in jobs growth in the second half, although overall numbers appear to be the best since 2013, according to the ANZ. Latest figures from the ANZ Job Ads Series shows job advertisements bounced 1 per cent month-on-month in August, seasonally adjusted. The latest figures bring...

Read More...
BRISBANE FACES MULTI-BILLION DOLLAR ECONOMIC RISK

BRISBANE FACES MULTI-BILLION DOLLAR ECONOMIC RISK

BRISBANE'S economy risks a US$11.17 billion blow from a series of manmade and natural threats over the next decade, according to Llloyd's. The insurance market specialist's City Risk Index 2015-2025 analyses gross domestic product (GDP) at risk across 301 major cities. Findings indicate that a total of US$4.6 trillion of p...

Read More...
'LITTLE FISH' KEEP IPO MARKET ALIVE IN 2015

'LITTLE FISH' KEEP IPO MARKET ALIVE IN 2015

THE Australian IPO market remained buoyant in the first half of 2015, but the $2.5 billion combined value of new share floats was almost half the level of a year ago. The latest Deloitte IPO Market Update has revealed the ASX welcomed 30 new IPOs in the six months to the end of June, up from 22 during the same period in 2014. However,...

Read More...
SUPERFUND GROWS WITHOUT NEED TO OFFSHORE

SUPERFUND GROWS WITHOUT NEED TO OFFSHORE

IN AN age when offshoring operations is the preferred option to enhance business growth, independent Gold Coast self-managed super fund administration business Superfund Wholesale has managed to achieve a major milestone by staying local. Superfund Wholesale has grown to administer 1000 self-managed super funds in less than five years of ...

Read More...
ACCC BLASTS DANOZ OVER 'ELECTRONIC ABS' DEVICE

ACCC BLASTS DANOZ OVER 'ELECTRONIC ABS' DEVICE

IT WAS billed as the dream solution for couch potatoes looking to tone their flabby stomachs, but for infomercial group Danoz Direct it has resulted in a firm slap on the wrist from the consumer watchdog. The Australian Competition and Consumer Commission has taken to task the promoter of the Abtronic X2 Fitness System for misleading cons...

Read More...
SOUTHPORT RANKS AS OUR TOP SPOT FOR GIVING

SOUTHPORT RANKS AS OUR TOP SPOT FOR GIVING

QUEENSLANDERS may not earn big bucks like their big-city counterparts in the south, but they are among the most generous Australians, according to new research. And the Gold Coast's commercial heart of Southport has proved to be the most giving suburb in the country's most giving state. Direct marketing group Global Interactiv...

Read More...
NEW ALGORITHM BOOST FOR MICRO-LENDING

NEW ALGORITHM BOOST FOR MICRO-LENDING

PAYDAY loans up to $2000 are traditionally slapped with large fixed interest rates, high costs and exorbitant late fees, however new financial technology developed by a Sydney-based company may have the potential to alter this system for good. Due to a newly developed reference-checking algorithm which more efficiently mines large sets of...

Read More...
DON'T BANK ON A RECESSION JUST YET, SAYS FORECASTER

DON'T BANK ON A RECESSION JUST YET, SAYS FORECASTER

THE Australian economy may have hit reverse gear in the June quarter, according to BIS Shrapnel, although don't bank on a recession just yet. Despite an overall upbeat view that the housing boom still has 18 months to run and that the end of the decade will bring better times, the economic forecaster has warned of a tough three years ...

Read More...
VICTORIAN RETAILERS BRACE FOR PENALTY RATE STRAIN

VICTORIAN RETAILERS BRACE FOR PENALTY RATE STRAIN

SMALL business owners in Victoria are preparing to feel the penalty rate pinch, after the government approved two extra public holidays for the state. The introduction of Grand Final Friday and Easter Sunday pushes Victoria's public holiday tally to 13 the most of any state. Australian Retailers Association (ARA) executive directo...

Read More...
ACQUISITIONS POWER UP ENERGY DEVELOPMENTS PROFIT

ACQUISITIONS POWER UP ENERGY DEVELOPMENTS PROFIT

ENERGY Developments' (ASX: ENE) bottom-line profit surged 26 per cent last financial year, buoyed by acquisitions and a weaker Aussie dollar. The Brisbane-based power company delivered a net profit of $57 million in FY15, up from $45.4 million a year earlier. EBITDA rose 20 per cent, or $36 million, to $218.2 million, while total ...

Read More...
THE KEY TO SATISFIED STAFF AND RETENTION

THE KEY TO SATISFIED STAFF AND RETENTION

MORE than a third of Australian employers believe that offering staff flexible work arrangements is the best way to prevent them looking for a new job, according to Employsure. A survey conducted by the workplace relations specialist shows work-life balance tops the list for staff retention, followed by pay rises and training. Employs...

Read More...
BENDIGO AND ADELAIDE BANK SITTING ATOP A TOUGH 2015

BENDIGO AND ADELAIDE BANK SITTING ATOP A TOUGH 2015

THE BENDIGO and Adelaide Bank (ASX: BEN) has boosted its figures, happily announcing a number of healthy upturns in their end-of-financial report despite a bygone year spent dealing largely within uneven market conditions.  Full-year cash earnings have been lifted by 13.1 per cent alongside underlying cash earnings at $432.4 million,...

Read More...
BRISBANE PORT UNDER FIRE FOR 'OUTRAGEOUS' SACKINGS

BRISBANE PORT UNDER FIRE FOR 'OUTRAGEOUS' SACKINGS

MINISTER for Industrial Relations Curtis Pitt has thrown his support behind maritime employees who were terminated by text message last week. Hutchison Port Holdings messaged almost 100 dock and maintenance workers late Thursday night, saying they weren't required for their shift the next day and to check their email for a redundancy ...

Read More...
DWS ACQUISITION TAPS INTO $40M REVENUE POOL

DWS ACQUISITION TAPS INTO $40M REVENUE POOL

IT services company DWS Limited is set to acquire a 75 per cent stake in Phoenix IT & T Consulting for $19.5 million. The deal will allow DWS to capitalise on more than $40 million annual revenue, diversified across industries including telecommunications, financial services, utilities and transport. Phoenix will operate as a sepa...

Read More...
TOP SYDNEY NOSHERIES ON RADAR FOR FAIR WORK WATCHDOG

TOP SYDNEY NOSHERIES ON RADAR FOR FAIR WORK WATCHDOG

A HIGH-profile Sydney Harbour restaurant has been chipped by the Fair Work Ombudsman for underpaying its staff. While the restaurant's identity has not been disclosed, Fair Work Ombudsman Natalie James says it is one of many top nosheries that are being monitored following complaints her office has received from employees. In the ...

Read More...
SALES GROWTH HITS DECADE HIGH

SALES GROWTH HITS DECADE HIGH

THE Australian business community has a bright outlook for the fourth quarter, with sales expectations rebounding to their highest level in more than a decade. Dun & Bradstreet's latest Business Expectations Survey shows sales expectations have hit 40.8 points, up 28.6 points compared to the last quarter. Despite concerns surr...

Read More...
MOBIZONE SLUGGED WITH FINE IN COURT

MOBIZONE SLUGGED WITH FINE IN COURT

AN Adelaide phone repair company's attempt to ignore the Fair Work Ombudsman has resulted in a $550 fine turning into $5000. The Industrial Relations Court of South Australia penalised Mobizone Pty Ltd after it refused to pay the initial fine for allegedly breaching workplace law. The company must pay a $3500 penalty and business ...

Read More...
VIRGIN NARROWS LOSS WITH COST CUTS

VIRGIN NARROWS LOSS WITH COST CUTS

VIRGIN Australia Holdings (ASX:VAH) has tapered its underlying loss before tax to $36.9 million in the fourth quarter, as Tigerair's performance starts to take off. The result represents a $46.2 million improvement since the previous corresponding period, or $72 million including Tigerair on a like-for-like basis. For the financia...

Read More...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 1487
Mudgeeraba QLD 4213

LoginTell a FriendSign Up to Newsletter