News

Friday, 17 May 2013

Millionaire Chinese toymaker to get permanent residence as immigration department approves first $5 million visa

The federal immigration department has announced the approval of the first 888 visa-holder to an unnamed “successful” toy manufacturer from China.
 

Bakers in legal stoush to try to recover assets from former not-for-profit research body

Businesses in the baking, milling and grain industries launched legal proceedings yesterday to recover assets from a $90 million property portfolio.
 

Computer crash: IT services company collapses with $3.8 million debt

A Perth-based information and communication services firm offering onsite and remote ICT help has collapsed, owing unsecured creditors $3.8 million.
 

A grinding battle is brewing: Original Coffee Guy tells of his fight with franchise giant Retail Food Group

A small business which has been trading as Coffee Guy since 2006 is now struggling against the might of the Retail Food Group over its introduction of The Coffee Guy brand to Australia.
 

Fair Work Commission vice-president calls for change to commission’s approach

A vice-president of the Fair Work Commission has criticised the commission’s approach to the industrial relations system and said most Australian businesses are not “conflict-ridden basket cases”.
 

Former TZ chief executive charged with $6 million fraud over gambling debts to Tom Waterhouse

Sydney businessman Andrew Sigalla was arrested yesterday charged with dishonestly using his position as a company director to repay gambling debts and loan repayments of $6 million.
 

Abbott to keep Labor cuts, defer super guarantee contribution and elevate small business

A Coalition government will delay increases to the superannuation guarantee and make small business a cabinet portfolio within the Treasury department.
 

Aussie Twitter users motivated by “insider information”, not freebies: Report

Nearly half of Australia’s Twitter users follow a business on the social network in order to keep up to date with its products, rather than to receive discounts, according to a new report.
 

THE LIGHTER SIDE: Former US presidential candidate wants to ‘rename the cell phone’

Former US presidential candidate Newt Gingrich has posted a video asking viewers for suggestions on ‘renaming the cell phone’.
 

Bumbling ASIC heralds new internet censorship era

An inept regulator exercising a hitherto-unused internet censorship power has been revealed as the source of the accidental blocking of a Melbourne education website.
 

ATO’s $78 million data-matching budget increase to hit property investors

The ATO's additional budget funding is set to be deployed against property investors.
 

Gillard throws $7.8 million extra at business names register – but will it fix the problems?

A small business group is confident the additional $7.8 million allocated to the National Business Names Register will fix its problems.
 
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