SALES OUTLOOK SOARS

SALES OUTLOOK SOARS

THE outlook for increased sales has hit an 11-year high, suggesting business confidence is well in check.

Dun & Bradstreet’s monthly Business Expectations Survey has reported the sales index as standing at 36.6 points, a leap above its10-year average of 13.06 points.

Of 400 business executives surveyed, 46 per cent said they expe...

Read More...
TOP 12 ONLINE LINKS FOR START-UPS

TOP 12 ONLINE LINKS FOR START-UPS

QUEENSLAND is home to more than 410,000 small businesses and these are at the core of every industry sector. They are found in every community in every region, represent 96 per cent of businesses across the state, and employ 50 per cent of all private sector workers. Small businesses – defined as businesses with less than 20 emp...

Read More...
NO PIN, NO PAY

NO PIN, NO PAY

PIN officially becomes the main form of card payment authorisation today, with the Australian Retailers Association reminding consumers of ‘no PIN, no pay’. Executive director Russell Zimmerman says people must memorise their credit and debit card PINs to avoid being stranded at the check-out. “The ARA is urging all ...

Read More...
TAX AXE MEANS MONEY

TAX AXE MEANS MONEY

THE AXING of the carbon tax not only means lower electricity bills, but also a one-off refund for Brisbane ratepayers.

The average family will save about $170 a year off their household electricity bill due to the abolishment of the tax.

The $36 refund will return the estimated cost of the scrapped carbon tax from council’s 20...

Read More...
BUSINESSES TO GROW ON CREDIT

BUSINESSES TO GROW ON CREDIT

MORE businesses intend to borrow credit over the next quarter, a sign of business confidence according to the Dun & Bradstreet National Business Expectations Survey released today.

As the sun rises for the new financial year, businesses are looking toward the future and more are setting sights on securing credit to grow during the third q...

Read More...
FLEXIBLE REPAYMENTS ARE IN BUSINESSES BEST INTEREST

FLEXIBLE REPAYMENTS ARE IN BUSINESSES BEST INTEREST

BUSINESS loans that offer flexible repayment options are in demand from small businesses.

Flexibility provides added security that suppliers and wages will still be paid when cash flow gets tight and that businesses can expand by using extra funds to tender for new jobs.

Businesses also have the ability to negotiate better terms and discou...

Read More...
BUDGET CONCERNS FOR RETAIL INDUSTRY

BUDGET CONCERNS FOR RETAIL INDUSTRY

TAX increases in the Federal Budget could adversely impact consumer spending in the retail industry, according to the Australian Retailers Association (ARA). Executive director Russell Zimmerman (pictured) says the ARA supports the government’s plan to control expenditure, but is concerned some aspects may impair consumer confidence &n...

Read More...
BUSINESSES POSITIVE ABOUT ECONOMY

BUSINESSES POSITIVE ABOUT ECONOMY

BUSINESSES remain optimistic about short-term economic outlook, despite proposed spending cuts in the Federal Budget according to research by Dun and Bradstreet. Companies have predicted a boost in sales, employment and investment activity during the third quarter of this year in the latest Business Expectations Survey. The sales index has ...

Read More...
SAME DAY SETTLEMENT ESSENTIAL FOR SMALL BUSINESS

SAME DAY SETTLEMENT ESSENTIAL FOR SMALL BUSINESS

SMALL businesses enjoying high trades on weekends and public holidays could be taking advantage of same day settlement. Often, businesses don’t see their weekend takings arrive in their bank account until mid-week, causing interruptions to cash flow and reliance on short term loans. With same day settlement businesses can get th...

Read More...
CONSUMER CONFIDENCE DOWN AFTER BUDGET SPECULATION

CONSUMER CONFIDENCE DOWN AFTER BUDGET SPECULATION

CONSUMER confidence has sharply declined by eight per cent in the last two weeks, linked to Federal budget policy leaks according to the ANZ. The ANZ-Roy Morgan weekly report shows a 4.2 per cent drop last week, coinciding with the Commission of Audit’s report and speculation around the deficit reduction levy. Chief economist Ivan Col...

Read More...
AURIZON LAUNCHES $1.4B JOINT TAKEOVER

AURIZON LAUNCHES $1.4B JOINT TAKEOVER

AURIZON Holdings Limited (ASX:AZJ) has lodged a $1.4 billion joint bid with a Chinese company to acquire all of the shares in Aquila Resources Limited (ASX:AQA). The rail freight operator and Baoshan Iron & Steel Co Ltd (Baosteel) has offered $3.40 in cash per share in an off-market takeover. Aurizon managing director and CEO Lance Hock...

Read More...
WESTSIDE REJECTS TAKEOVER

WESTSIDE REJECTS TAKEOVER

WESTSIDE Corp Ltd (ASX:WCL) has rejected a takeover bid by Landbridge Energy Australia, of 40 cents per share. The subsidiary of Landbridge Group Co, based in China, delivered the bidding statement to the coal seam gas producer on April 24. WestSide’s board of directors say the offer undervalued the company at $177.6 million, failing ...

Read More...
DEBT LEVY ISN'T THE SOLUTION: BCA

DEBT LEVY ISN'T THE SOLUTION: BCA

THE Federal Government’s plan to hit high income earners with a debt levy isn’t the way to tackle the fiscal problem, according to the Business Council of Australia. The budget submission 2014-15 proposes an extra one per cent tax for workers earning between $80,000 and $180,000 - and an extra two per cent for incomes above $180,...

Read More...
$600M SWEETENER FOR CRUISE CONSORTIUM

$600M SWEETENER FOR CRUISE CONSORTIUM

ASF Consortium, the front-runner to build the Gold Coast cruise-ship terminal, has vowed to take up the slack for the State Government with a pledge to splash out more than $600 million in infrastructure costs should it get the nod for the $5 billion Broadwater project. The move is another salvo by ASF Consortium aimed at sweetening the pot ...

Read More...
SWIMMING ALONG

SWIMMING ALONG

BRISBANE franchisor PoolWerx is enjoying growth well above industry trend, recently reporting an 8 per cent increase in revenue for the six months to January 1. The pool maintenance contractor, insurer and retailer is on track to exceed $75 million in sales, with retail sales up 12 per cent, excluding the impact of recent store openings. Th...

Read More...
BUSINESS LOAN BUILDS FANTASTIC PLASTIC BUSINESS

BUSINESS LOAN BUILDS FANTASTIC PLASTIC BUSINESS

ROYSTON Kent and his business partner Bob Halsall have borrowed about $750,000 to spend on infrastructure for the plastics manufacturing B&C Plastics as they have grown the business over the past eight years.

Kent and Halsall were working for an opposition company when they decided to pool their combined 43 years’ experience in t...

Read More...
TAX INSTITUTE PUTS PRESSURE ON GOVERNMENT

TAX INSTITUTE PUTS PRESSURE ON GOVERNMENT

 AN independent association for tax professionals, The Tax Institute, has called on the federal government to cut the company tax rate by 2 per cent. Included in the Institute’s 2014-2015 federal budget submission, was a request for a cut in the company tax rate as well as a reform of state taxes to create a more efficient tax system....

Read More...
GOVERNMENT UNDER PRESSURE TO CUT COMPANY TAX

GOVERNMENT UNDER PRESSURE TO CUT COMPANY TAX

 AN independent association for tax professionals, The Tax Institute, has called on the government to cut the company tax rate by 2 per cent. Included in the Institute’s 2014-2015 federal budget submission, was a request for a cut in the company tax rate as well as a reform of state taxes to create a more efficient tax system while bo...

Read More...
SOLID INCREASE IN BUSINESS SPENDING AND INVESTMENT CONTINUES

SOLID INCREASE IN BUSINESS SPENDING AND INVESTMENT CONTINUES

BUSINESSES are twice as likely to increase capital investment spending than cut costs in the next few months, according to a Dun and Bradstreet study. The latest Business Expectations Survey shows 19 per cent of businesses will increase spending in the second quarter, following a steady rise in spending over the last year. Almost 19 p...

Read More...
ANZ INVESTS $2 BILLION INTO SMALL BUSINESS

ANZ INVESTS $2 BILLION INTO SMALL BUSINESS

 ANZ will lend $2 billion to small businesses in the next year, to stimulate national enterprise and economic growth. The loans will be supported with business transaction accounts, merchant products, financial planning advice, foreign exchange and trade finance. General manager of small business Kate Gibson says it’s important to bac...

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