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todayWednesday, 2 September 2015

Cabinet stalls decision on effects test; Rupert Myer to step down from Myer’s board: Midday Roundup

Prime Minister Tony Abbott has delayed making a final decision on whether or not to introduce an effects test into Australian competition law in order to prevent a potential cabinet split. by Broede Carmody and Renee Thompson

Manufacturer with $40 million in turnover collapses into voluntary administration

Success Aluminium has been operating for more than 30 years and employs 34 staff across its operations in New South Wales, Victoria, Western Australia and Queensland. by Eloise Keating

7-Eleven’s franchisee financial arrangement is “unusual”: SmartCompany compares leading Australian franchises

Franchising experts have labelled the 7-Eleven financial arrangements with franchisees as “unusual” in the wake of serious allegations of employee underpayments and a cover-up by head office. by Broede Carmody

todayWednesday, 2 September 2015

Avoid pay pitfalls or risk being the next 7-Eleven bad news story

No matter what the circumstances are behind the scenes at 7-Eleven head office, things don’t look good. by Tracy Angwin

7 tips for finding the right financial adviser

There’s been a lot of talk in recent weeks over women’s financial security, with one of the biggest news pieces of the month being the release of the ANZ paper on gender equality. by Sarah Riegelhuth

RBA holds cash rate at 2% for September

The Reserve Bank of Australia has kept the official cash rate at 2% for the month of September. by Broede Carmody

Monday, 31 August 2015

Importer found to have misled consumers after five-year legal battle; Founder reveals the loneliness of a $US2.5 billion pay day: Midday Roundup

A five-year legal battle involving an importer of haircare products has come to an end, with the full court of the Federal Court of Australia ruling Dateline Imports breached Australian law by suggesting one of its products did not contain formaldehyde. by Broede Carmody

Mathias Cormann puts GST hike back on the table to pay for income tax cuts

The prospect of the goods and services tax being raised as a way of paying for income tax cuts has been canvassed by finance minister Mathias Cormann, who has indicated spending cuts alone would not be enough to fund income tax reductions. by Renee Thompson

Why Australia needs a small business borrowers’ bill of rights

Providers of online, payday and peer-to-peer loans for small businesses say they are increasingly concerned that the lack of regulation of their sector could see a few bad apples destroy it. by Neil Slonim
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