Business News

NBL team Gold Coast Blaze hopes to rise from administration

National Basketball League team Gold Coast Blaze has appointed administrators, but hopes the administrators, Aggs Robson Accountants, can conclude negotiations with a potential equity partner.

 

Exporters welcome currency drop as dollar stays below parity, banks slash currency forecasts

Exporters have enthusiastically welcomed the drop in the Australian dollar to below parity, with industry leaders saying the fall combined with the prospect of even lower interest rates has given the sector a much-needed psychological boost.

 

Cutting red tape could save billions, boost GDP by 2020 but states must commit, report reveals

Streamlining business regulations and cutting red tape could add $6 billion every year to the country’s gross national product by 2020, according to a new report released by the Productivity Commission.

 

Flight Centre embroiled in bullying case involving employee and "boob apron"

Legal action has been filed against travel agency Flight Centre, which is facing claims it ignored workplace bullying against a female employee.

 

Facebook’s paid posts idea sparks mixed business reaction

Facebook’s decision to test a new feature that would allow users to pay a fee to promote their posts has received a mixed response, with one analyst attacking the idea as “the worst one yet” hatched by the social media giant.

 

Founder of collapsed trucking group 1st Fleet heads to US as wife's mansion goes up for sale

The five-bedroom contemporary Sydney Harbour home of Stephen Brown, the boss of the troubled 1st Fleet trucking company, and his wife, Corrine, comes with a $16 million asking price.

 

Australians have the Greek austerity blues too: Gottliebsen

The world banking system is about to be tested once again by another European crisis because politicians and central bankers underestimated the power of people. And, here in Australia, we have a version of the 'Greek game' being played under the surface.

 

Why a code of ethics – not a code of conduct – could work for your business

A code of conduct will not make a person behave ethically, but a code of ethics might, an ethics expert with over 20 years' experience says.

 

Auctions market could maintain momentum through winter, sales figures suggest

The auctions market has continued to perform reasonably well during the autumn slowdown, with experts and analysts saying the industry may have enough momentum to push through the next few months with a better result than last year.

 

Qantas on track to cut jobs: Midday roundup

There are fears up to 1,250 Qantas engineers will be axed when the airline makes a restructuring announcement due this week.

 

Yahoo chief Scott Thompson resigns over resume controversy – and three other executives who have done the same thing

Who would have thought it would come to this?

 



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