INDUSTRIAL RELATIONS REFORMS ESSENTIAL TO CONSTRUCTION

INDUSTRIAL RELATIONS REFORMS ESSENTIAL TO CONSTRUCTION

RETAINING recent building industry reforms, including changes to the workers' compensation scheme and industrial relations changes, is an essential step for any government serious about maintaining rule of law on Queensland construction sites and ensuring the building industry remains the number one employer of full-time jobs in Queensland.
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MASTER BUILDERS HIGHLIGHTS ELECTION PRIORITIES

MASTER BUILDERS HIGHLIGHTS ELECTION PRIORITIES

WITH the Queensland Election 2015 less than three weeks away, Master Builders has identified a number of priorities for the new government that will make a demonstrable difference to Queensland's building and construction industry.

The building industry is the cornerstone of the Queensland economy: the number one employer of full-time job...

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BCA PRESIDENT CALLS FOR NATIONAL RESOLUTION

BCA PRESIDENT CALLS FOR NATIONAL RESOLUTION

THE Mid-Year Economic and Fiscal Outlook confirms Australia has deep structural budget challenges, revealing an expected 13.5 per cent fall in the terms of trade and projected deficit of $40 billion, according to BCA President Catherine Livingstone (pictured). She says intergenerational pressures are upon us, requiring fiscal challenges t...

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SMES AND FINANCIAL LITERACY

SMES AND FINANCIAL LITERACY

AN Australian-owned small business with a turnover of more than $10 million should not be going broke. So why, recently, has there been a spate of small businesses doing exactly that? There can only be three reasons why these businesses find themselves going into administration. Either they are getting poor financial advice, are getting good...

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SECONDARY LISTINGS - EXPAND INTO GLOBAL MARKETS

SECONDARY LISTINGS - EXPAND INTO GLOBAL MARKETS

SECONDARY listings can provide companies with innovative and progressive ways to raise capital.  The Hong Kong Stock Exchange (HKEx) is a logical and synergistic option for Australian companies looking to expand into secondary markets and tap into a new network of funds.   The HKEx appeals to domestic companies for numerous ...

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CHINA - AUSTRALIA FREE TRADE AGREEMENT A HISTORIC OPPORTUNITY

CHINA - AUSTRALIA FREE TRADE AGREEMENT A HISTORIC OPPORTUNITY

THE free trade agreement with China provides Australia with a huge global competitive advantage, and a historic opportunity to grow and diversify our economy over the next decade, according to Business Council of Australia. CEO Jennifer Westacott (pictured) says the historic agreement is a transformative moment for the economy. &ldquo...

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REPORT DRAFT RESETS COMPETITION POLICY FOR GLOBAL CHALLENGES

REPORT DRAFT RESETS COMPETITION POLICY FOR GLOBAL CHALLENGES

THE draft report of the Competition Policy Review sets the scene for a generational shift in competition policy that addresses the challenges of globalisation and technology while delivering long-term benefits for the whole community, according to the Business Council of Australia (BCA). BCA chair of Competition Policy Review Working Grou...

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THE 'BIGGEST PROBLEM' IN AUS BUSINESS

THE 'BIGGEST PROBLEM' IN AUS BUSINESS

THE CARBON Tax and Mining Tax may be gone but with one-in-four business leaders now ranking industrial relations the biggest barrier to doing business in Australia, a mature debate about workplace reform is well overdue to get our nation back on a level playing field.

The World Economic Forum (WEF) has released its annual Global Competit...

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WEALTH OF OPPORTUNITY

WEALTH OF OPPORTUNITY

MILLIONS of dollars’ worth of contracts are up for grabs for Gold Coast businesses in the lead up to the 2018 Commonwealth Games. Minister for Tourism, Major Events, Small Business and the Commonwealth Games Jann Stuckey says the event will be the largest of its kind in Australia in a decade. This in turn creates a number of opp...

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SAVE OR SPLURGE

SAVE OR SPLURGE

ACCORDING to the Australian Tax Office, the average Australian taxpayer received a return of around $2,000 following the 2012/2013 financial year. While some people may consider their tax refund a mid-year bonus, and spend the cash on an exuberant purchase or a luxurious holiday, Mortgage Choice spokesperson Jessica Darnbrough says it ofte...

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BCA WELCOMES B20 RECOMMENDATIONS

BCA WELCOMES B20 RECOMMENDATIONS

THE B20’s recommendations presented to the Australian Government provide clear and actionable measures governments should take to remove significant barriers and impediments to growth according to Business Council of Australia president Catherine Livingstone. “These recommendations are absolutely vital to restore growth global...

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PARTNERING WITH GEN Y

PARTNERING WITH GEN Y

DURING a recent visit to the US, prime minister Tony Abbott applauded the idea of schools working more closely with business to create guaranteed employment pathways for students.

Under the proposal, businesses contribute to shaping young peoples’ skills so they leave school with the capacity to fill available jobs in their industry.

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RESOURCES TIPPED FOR BOOST

RESOURCES TIPPED FOR BOOST

AUSTRALIA’S resource industry congratulates the governments of Australia and Japan for the signing of the Japan Australia Economic Partnership Agreement (Free Trade Agreement).

In Canberra today, Prime Minister Tony Abbott and Prime Minister Shinz? Abe have created significant long-term bilateral economic opportunities for decades to co...

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SMALL BUSINESSES SHOULD MOVE TO THE CLOUD

SMALL BUSINESSES SHOULD MOVE TO THE CLOUD

THE start of the new financial year is the perfect time for many small businesses to make the switch from filing paper receipts to cloud accounting, according to Xero. The accounting software provider recommends keeping records electronically for accuracy and to monitor cash flow daily – setting up the groundwork for a smooth return...

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PRIORITISE PRIVACY OR FACE BIG FINES

PRIORITISE PRIVACY OR FACE BIG FINES

SMALL to medium sized businesses (SMEs) must be versed in the new privacy laws even if they exempt, or they will be subject to hefty fines according to Holding Redlich Brisbane partner Michael Grosser (pictured).

SMEs with an annual turnover of less than $3 million are exempt from laws in the updated Australian Privacy Principles but could fi...

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MAXIMISING CORPORATE PARTNERSHIPS

MAXIMISING CORPORATE PARTNERSHIPS

CORPORATE partnerships are a permanent item on the agenda for both leading businesses and not-for-profit (NFP) organisations. For organisations like The Smith Family, we rely on corporate contributions to support core activities. The Smith Family currently manage income in excess of $11m annually from its corporate partners.

Over the yea...

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TRIGUBOFF TIPS GOLD COAST BOOM

TRIGUBOFF TIPS GOLD COAST BOOM

BILLIONAIRE developer Harry Triguboff rates the Gold Coast as Australia’s property hotspot over the next two years, ahead of his home turf Sydney which is benefiting from an influx of Chinese money.

Triguboff, speaking today at a Young Professionals luncheon, says Sydney prices have surged ahead too quickly as a result of foreign i...

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GROWTH DRIVERS BEYOND THE MINING BOOM

GROWTH DRIVERS BEYOND THE MINING BOOM

AS the mining wave continues to deliver prosperity for Australia, albeit at a declining rate, our analysis shows there is vast potential to be tapped in five additional super-growth waves of agribusiness, gas, tourism, international education and wealth management. Exceptional growth in these five sectors could add an additional $25 billion to A...

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ANTI-COMPETITIVE SUPERMARKET PRACTICES SHOULD END - RETAILERS ASSOCIATION

ANTI-COMPETITIVE SUPERMARKET PRACTICES SHOULD END - RETAILERS ASSOCIATION

FOUR business and grocery groups have joined forces to call for the end of the anti-competitive behaviour by the ever-expanding grocery chains. Not content with dominating numerous industries, the two national supermarket chains have tried to lock shoppers in with cross-subsidised fuel and grocery deals. This activity hurts other fuel operators ...

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PLEDGE TO LOWER COMPANY TAX A BOOST FOR CONFIDENCE, JOBS

PLEDGE TO LOWER COMPANY TAX A BOOST FOR CONFIDENCE, JOBS

THE Coalition's pledge to cut the company tax rate to 28.5 per cent is an important signal that will boost business confidence, investment and jobs at a challenging time for Australia's economy. The BCA’s Economic Action Plan released last week highlights the importance of a competitive tax system, including a lower company tax rate, to inve...

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