'SICKIES' LEAVING MANAGERS WITH A HEADACHE

'SICKIES' LEAVING MANAGERS WITH A HEADACHE

ONE in five small business managers regularly suspect employees of 'pulling a sickie' after hearing every excuse in the book, according to Canstar Blue. The consumer research company surveyed more than 800 managers with less than 20 employees to determine the most common reasons for absenteeism. The majority of staff members s...

Read More...
TOP FIVE SIGNS: KNOW WHEN TO FOLD

TOP FIVE SIGNS: KNOW WHEN TO FOLD

STRUGGLING business owners should learn when to cut their losses and close the business instead of waiting until they are forced into it, according to RSM Bird Cameron. The accounting firm says owners will be more able to fulfil their salary obligations to employees by deciding to close the business before it fails completely. An earl...

Read More...
BUSINESS FRIENDLY BUDGET DOESN'T BOOST CONFIDENCE

BUSINESS FRIENDLY BUDGET DOESN'T BOOST CONFIDENCE

BUSINESS confidence ahead of the next financial year has taken a dip despite incentives announced in the Federal Budget, according to Dun & Bradstreet. The management consultancy's Business Expectations Survey shows business executives anticipate a weak third quarter on expected sales, profits, investment and employment levels. ...

Read More...
BLUE SKY RAISES $20M IN RIGHTS ISSUE

BLUE SKY RAISES $20M IN RIGHTS ISSUE

BLUE Sky Alternatives Access Fund Limited (ASX:BAF) is set to explore new investment opportunities after raising $20 million in a one for three rights issue. The capital will be used to build on the listed investment company's (LIC) managed portfolio of alternatives across private equity and venture capital, water and agriculture, hed...

Read More...
CARDNO DOWNGRADES PROFIT AFTER $200M HIT

CARDNO DOWNGRADES PROFIT AFTER $200M HIT

CARDNO Limited (ASX:CDD) has downgraded its full year profit forecast, following a $200 million hit as the company devalues its US operations. The infrastructure and environmental services consultancy has forecast its full year operating net profit after tax to be in the range of $48 million and $51 million. The guidance falls short o...

Read More...
EMPLOYERS WARNED OF APPRENTICE CRACKDOWN

EMPLOYERS WARNED OF APPRENTICE CRACKDOWN

THE Fair Work Ombudsman will crack down on hundreds of businesses that employ trainees and apprentices as part of a new national campaign. Up to 700 businesses in each capital city and regional centres will be targeted for auditing during the next three months. Fair Work inspectors will focus on employers of first-year apprentices in ...

Read More...
AACO PULLS $9.6M PROFIT OUT OF THE BOX

AACO PULLS $9.6M PROFIT OUT OF THE BOX

AUSTRALIAN Agricultural Company Limited's (ASX:AAC) shift from a pastoral company to a fully integrated beef producer has pushed its full-year results back into the black. AACo delivered net profit after tax of $9.6 million, compared to a $39.9 million loss in FY14. The company has capitalised on a 42 per cent increase in boxed be...

Read More...
PNA ENDORSES TAKEOVER BID

PNA ENDORSES TAKEOVER BID

PANAUST (ASX: PNA) is recommending for shareholders to accept the newly increased GRAM takeover bid.

GRAM has agreed to increase its all-cash offer price to $1.85 per share, which will value PNA shares at approximately $1.2 billion.

All independent PNA directors intend to accept the offer, in the absence of a superior proposal.

The offe...

Read More...
LOG BOOKS: TIME TO TAKE A CLOSER LOOK

LOG BOOKS: TIME TO TAKE A CLOSER LOOK

ARE you maintaining your log book correctly? If you're not, you may be faced with additional tax and penalties to pay. Log books are not only important for individuals claiming motor vehicle deductions in their personal income tax returns but equally important for employers who provide vehicle's to their employee's or associat...

Read More...
PANAUST REJECTS "INADEQUATE" OFFER

PANAUST REJECTS "INADEQUATE" OFFER

PANAUST Limited (ASX:PNA) has urged shareholders to reject an "inadequate" takeover offer by Guangdong Rising Assets Management (GRAM). GRAM offered the copper miner a revised bid of $1.71 per share, down from its previous offer of $2.30 a unit in May 2014. The PanAust board and an independent expert from Ernst & Young a...

Read More...
GORE SLAMMED AS ARCHITECT OF $1.7M SCAM

GORE SLAMMED AS ARCHITECT OF $1.7M SCAM

DISGRACED Gold Coast businessman Craig Gore has been labelled the architect of an elaborate scheme that pilfered $1.7 million from private super funds for his own apparent benefit. Federal Court Judge Richard White has also found that if "left unrestrained", there is a "very real risk" he could do it again. Justice...

Read More...
ECONOMIC CONFIDENCE BUT NOT ENOUGH TO SPEND

ECONOMIC CONFIDENCE BUT NOT ENOUGH TO SPEND

LARGE Australian companies are quietly confident ahead of the Federal Budget next month, according to research from American Express. The American Express CFO Research Global Business and Spending Monitor surveyed a number of chief financial officers from companies with revenues of more than US$500 million. The findings show CFOs anti...

Read More...
FIVE STEPS TO CLEAR DEBT FAST

FIVE STEPS TO CLEAR DEBT FAST

HOUSEHOLD debt is at a 25-year high, with Australians collectively owing approximately $1.8 trillion according to SocietyOne. The peer-to-peer lender says the data equates to $79,000 for each person living in Australia. SocietyOne CEO Matt Symons says it's no wonder Australians are looking to reduce high-interest debts like credit...

Read More...
BLUE SKY CRACKS A BILLION AHEAD OF TARGET

BLUE SKY CRACKS A BILLION AHEAD OF TARGET

BLUE Sky Alternative Investments Limited (ASX:BLA) has cracked the billion dollar mark for assets under management well ahead of forecast. The news comes hard on the heels of the Brisbane-based company being added to the All Ordinaries index and a solid first-half profit result, prompting Morgans to maintain its buy recommendation on the ...

Read More...
"THE DOWNTURN IS SEVERE"

"THE DOWNTURN IS SEVERE"

QUEENSLAND'S infrastructure industry is hanging in the balance, and a leading industry board believes anymore limbo will only have a sinking effect, in light of an estimated 30 to 40 per cent of workers already having left the region in the past few years.

Infrastructure Association of Queensland (IAQ) executive director Roger Black (pict...

Read More...
NEWMAN PROMISES $60 MILLION TOURISM FUND

NEWMAN PROMISES $60 MILLION TOURISM FUND

QUEENSLANDERS can expect more pirates and earthquakes under a re-elected Liberal-National government - on film, at least. Premier Campbell Newman has announced a $60 million Queensland First Tourism Fund to attract more blockbuster films like Pirates of the Caribbean 5 and San Andreas. Newman says the funds will support Screen Queensl...

Read More...
STORM CLAIMS PASS $800 MILLION

STORM CLAIMS PASS $800 MILLION

THE CATASTROPHIC weather event that ripped through Brisbane two weeks ago has accrued a damage bill of more than $800 million, reports the Insurance Council of Australia (ICA).  86,800 claims have been lodged by property and motor vehicle owners affected by the hailstorm - 22,000 for house and contents policies, 4000 for commercial p...

Read More...
GLENZEIL CREDITORS TO GET SOME PAYOUT, BUT HOW MUCH?

GLENZEIL CREDITORS TO GET SOME PAYOUT, BUT HOW MUCH?

GLENZEIL’S unsecured creditors look as though they will receive at least some payout from the company’s $10 million collapse, but there is no indication how much.

And despite company directors Ken Skrinis and Brian Gabriel lodging claims of $69,000 and $80,000 respectively in unpaid salaries, liquidator Peter Dinoris, of Vinc...

Read More...
POSTGRADUATE SUCCESS

POSTGRADUATE SUCCESS

GRADUATE Careers Australia’s latest report shows 92.4 per cent of new postgraduates were in some form of employment, after completing their degrees. The Postgraduate Destinations 2013 report gathers responses from university students across Australia, four months after graduation. The majority of those surveyed were employed ful...

Read More...
LEADING BRISBANE ACCOUNTANTS DOING A SUPER JOB

LEADING BRISBANE ACCOUNTANTS DOING A SUPER JOB

RECENT ATO figures have shown that the number of people choosing to terminate their Self-Managed Super Funds (SMSF) is steeply rising.
In response to the increase, Brisbane accounting and financial advisory firm Crowe Horwath has partnered with CareSuper to lend a hand with the burgeoning number of clients needing assistance with SMSF ...

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