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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TOM TATE TO SLASH GOLD COAST DEBT

TOM TATE TO SLASH GOLD COAST DEBT

AS Gold Coast Mayor, I will be a full-time promoter of this city and will proactively pursue development. My mission is to create more local jobs. We need the banks to turn on the investment tap for this city. I want to take responsibility for getting some big projects going.
The council will do its part. The efficiency of entire organisation an...

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BUSINESS CALLS ON NEWLY ELECTED TO DELIVER CHANGE

BUSINESS CALLS ON NEWLY ELECTED TO DELIVER CHANGE

QUEENSLAND can expect good times ahead after the recent state and council elections, according to Chamber of Commerce and Industry (Qld) president David Goodwin (pictured). The private sector will experience a tremendous surge after the Australian Labor Party’s dominance was crushed at the State Government, Brisbane City Council and region...

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BUSINESS FORECAST IS A WILD RIDE AHEAD

BUSINESS FORECAST IS A WILD RIDE AHEAD

THE next wave of prosperity may reach our golden shores as soon as 2014, but BIS Shrapnel chief economist Frank Gelber (pictured) warns tourism investment must improve. As economic conditions improve, Gold Coast business leaders need to be more positive-minded and cast away the frugal corporate culture they acquired during the downturn and a sum...

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BUSINESS POWERING WITH WILD RIDE AHEAD

BUSINESS POWERING WITH WILD RIDE AHEAD

AN ECONOMIC revival may be less than two years away, but BIS Shrapnel chief economist Frank Gelber (pictured) warns enterprises should not fall into the habit of under-staffing. Brisbane’s property, retail and businesses employed by the mining sector are struggling to make ends meet. However, in the next few years, they will be run ragged ...

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COAST COMPANIES RIDE OUT TOUGH BREAK

COAST COMPANIES RIDE OUT TOUGH BREAK

THE Coast's top companies have avoided being wiped out and have shown grace in the face of pressure in the first part of fiscal 2012, says Deloitte Queensland corporate finance leader Robin Polson (pictured). Gold Coast businesses rode out turbulent times and showed living (and working) in paradise was still a dream lifestyle worth aspiring to du...

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BRISBANE CORPORATE LEADERS POWER AHEAD

BRISBANE CORPORATE LEADERS POWER AHEAD

THE city’s top publicly listed companies made a positive start to the first half of fiscal 2012, according to Deloitte Queensland corporate finance leader Robin Polson (pictured). Brisbane’s corporate leaders have shown vigour in the 12 months to January 31, 2012. The Deloitte Queensland Index increased 16.1 per cent in the period co...

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RESILIENT BRISBANE MARKET TO WEATHER GFC2 STORM

RESILIENT BRISBANE MARKET TO WEATHER GFC2 STORM

THE World Bank has warned of a second, possibly deeper global financial crisis (GFC2) looming on the horizon. However, BT Financial Group chief economist Chris Caton (pictured) believes the outlook is not all bad for Brisbane. THE World Bank has downgraded its 2012 global growth forecast from 3.6 to 2.5 per cent with wealthier countries only exp...

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RESILIENT GOLD COAST TO WEATHER GFC2 STORM

RESILIENT GOLD COAST TO WEATHER GFC2 STORM

THE international banking authority has warned of a second, possibly deeper, global financial crisis (GFC2) looming on the horizon. However, BT Financial Group chief economist Chris Caton (pictured) believes the outlook is not all bad for the Gold Coast. The World Bank has downgraded its 2012 global growth forecast from 3.6 to 2.5 per cent with ...

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HARNESSING ENTREPRENEURIAL SPIRIT

HARNESSING ENTREPRENEURIAL SPIRIT

ARE entrepreneurs born or made? According to Bond University’s assistant professor of Entrepreneurship, Baden U’Ren (pictured), a little education goes a long way towards tipping the scales in favour of success, particularly in the post-GFC economy. Every one of the 2011 Gold Coast Young Entrepreneur of the Year finalists must be con...

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THAT'S THE SPIRIT BRISBANE

THAT'S THE SPIRIT BRISBANE

ARE entrepreneurs born or made? According to Bond University’s assistant professor of Entrepreneurship, Baden U’Ren (pictured), a little education goes a long way towards tipping the scales in favour of success, particularly in the post-GFC economy. THE finalists in the Brisbane Young Entrepreneur of the Year have not just survived ...

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TRANSITIONING THE VALUES OF A FAMILY BUSINESS

TRANSITIONING THE VALUES OF A FAMILY BUSINESS

FAMILY business owners are keen to keep the business in family hands, but are concerned about their offspring’s ability to take over, according to the annual Family Business Survey undertaken by KPMG and peak body Family Business Australia. CEO of Family Business Australia Philippa Taylor (pictured), says that ‘control’ in a fa...

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ADDING VALUE TO TRADE A MUST

ADDING VALUE TO TRADE A MUST

AUSTRADE senior trade commissioner in Hong Kong (HK) Phil Ingram (pictured), argues that Australian companies wanting to trade in the city state must offer more than just value for money. HK has become very competitive for Australian entrepreneurs to operate in because it is a very open market. There are no barriers to entry, tariffs or strict r...

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PUTTING BUSINESS RESEARCH TO PRACTICE

PUTTING BUSINESS RESEARCH TO PRACTICE

PROFESSOR Per Davidsson from the QUT Business School argues that we would see more successful private companies if they were to adopt research-based knowledge. Imagine a world where doctors learned their profession early in life and then stopped caring about the science of medicine. For the remainder of their career they would instead rely exclu...

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