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Thursday, 26 February 2015

Wages growth slumps to 18-year-low: What does it mean for your business?

The rate of growth in Australian wages is the lowest it has been in 18 years, according to official statistics released by the Australian Bureau of Statistics yesterday. by Eloise Keating

Tuesday, 24 February 2015

SMEs stung $13.7 billion from GST compliance each year; eBay buyers to click and collect in Woolies and Big W: Midday Roundup

Collecting GST costs Australian SMEs more than $13.7 billion each year, according to research published today by MYOB. by Eloise Keating and Kirsten Robb

Monday, 23 February 2015

NAB embroiled in financial advice scandal: Calls for royal commission on financial planning

NAB is the latest Australian financial institution to become embroiled in a financial advice scandal, prompting calls from the Senate for a broad inquiry into the financial advice sector. by Eloise Keating

Wednesday, 18 February 2015

Toll board backs $6.5 billion takeover bid by Japan Post; Investors wipe $600 million off Seek share price despite 64% jump in profit: Midday Roundup

The board of directors for Toll Holdings has issued a statement unanimously recommending the takeover of the Australian logistics giant by Japan Post. by Andrew Sadauskas and Eloise Keating

Tuesday, 17 February 2015

Pacific Brands posts $108.7 million loss but Bonds and Sheridan sales are up; SME confidence on the rise: Midday Roundup

Pacific Brands has revealed a $108.7 million loss for the for the first half of 2014-15, but its Bonds and Sheridan labels have been a saving grace for the retailer. by Kirsten Robb and Eloise Keating

Tuesday, 17 February 2015

Unemployment lurches up while government navel-gazes

A big rise in unemployment reflects concern that the economy is softening while the government is focused on its own problems. by Glenn Dyer and Bernard Keane

Union push for part-time work guarantee for new parents; ANZ chief steps down: Midday Roundup

The Australian Council of Trade Unions is calling on the Fair Work Commission to legally require businesses to guarantee part-time work to new parents after returning from parental leave. by Eloise Keating and Kirsten Robb

Monday, 16 February 2015

John Symond sees another two rate cuts

John Symond, the founder of Aussie Home Loans, forecasts another two rate cuts, in part because of the political shenanigans and ensuing lack of confidence. by Jonathan Chancellor

Friday, 13 February 2015

Unemployment rate hits 12-year high as SMEs struggle to hire in “rigid” IR system

Australia’s unemployment rate has hit its highest level in 12 years, prompting business groups to question the “rigidity” of the country’s industrial relations system. by Kirsten Robb
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