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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INDUSTRY CHIEF URGES REFORMS

INDUSTRY CHIEF URGES REFORMS

WITH the federal election months away, the Australian Chamber of Commerce and Industry chief economist Greg Evans (pictured), advocates for economic policy change. Few Queensland business operators would disagree that overall demand conditions remain challenging and the latest news on the economy supports this view. The federal budget...

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CHANGE A CHALLENGE FOR FAMILY BUSINESS

CHANGE A CHALLENGE FOR FAMILY BUSINESS

SUCCESSFUL family businesses need to openly discuss the issues of wealth transfer and succession planning, says Dr Keith Duncan (pictured), Director EMBA Program, Bond University, Faculty of Business. Family businesses are at the heart of the Gold Coast and Australian economy.

Representing around 70 per cent of all business in Australia, they pr...

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BOOMING KOREAN OPPORTUNITIES EXIST

BOOMING KOREAN OPPORTUNITIES EXIST

WHEN thinking of doing business in Asia, entrepreneurs should take a broad view and examine other markets like South Korea, says the Australian Trade Commission’s Brett Cooper (pictured). While the huge markets of China and Japan are an obvious lure when doing business in Asia, it is wrong to underestimate other countries that offer entici...

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TOP COMPANIES BUILT ON INNOVATION

TOP COMPANIES BUILT ON INNOVATION

TOP companies must continue to effectively manage and innovate themselves or risk losing their market-leading position, warns Deloitte partner Julian Dolby (pictured). Achieving market-leading status in business requires operational efficiency and innovation. Productivity is a price and can, in some ways, be considered a cost that needs to be ke...

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PENALTY-RATE WAR IS A FIGHT FOR SURVIVAL

PENALTY-RATE WAR IS A FIGHT FOR SURVIVAL

FAIR Work Australia’s (FWA) recent decision to lift penalty rates will sink struggling retailers into deeper unprofitability, according to Crusty Devil Bakehouse owner Tom Potter (pictured). The freedom of employers to hire or fire workers, pay them what the corporate budget allows and charge customers reasonable rates is under attack. FWA...

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NOW IS THE TIME TO CHANGE

NOW IS THE TIME TO CHANGE

LOW Carbon Australia (LCA) is the government-funded body charged with providing energy efficiency solutions to business and communities. CEO Meg McDonald (pictured) sees the introduction of the Carbon Tax as an exciting opportunity for change. THE Federal Government’s new Carbon Tax marks the beginning of a larger, long-term trend towards ...

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OUR LOW-CARBON ECONOMY BEGINS ON JULY 1

OUR LOW-CARBON ECONOMY BEGINS ON JULY 1

LOW Carbon Australia (LCA) is the government-funded body charged with providing energy efficiency solutions to business and communities. CEO Meg McDonald (pictured) sees the introduction of the Carbon Tax as an exciting opportunity for change. The Federal Government’s new Carbon Tax marks the beginning of a larger, long-term trend tow...

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