Business News

PwC scraps 211 jobs in corporate restructure

Accounting giant PricewaterhouseCoopers has cut more than 200 jobs from its workforce as the company attempts a restructure that it says will help cut down on service duplication.

 

Push for revival of scrapped company tax cuts intensifies

The federal government's abandonment of its promised company tax cuts in last week's budget will force business to find new ways to fund a future cut, according to the head of the government's Business Tax Working Group.

 

Construction pain continues as St Hilliers placed in voluntary administration after funding failure

The construction industry downturn continues, after Sydney-based building group St Hilliers Construction announced this morning it had been placed in voluntary administration because its funding had run out.

 

Why shareholders are getting more demanding

Apple's co-founder Steve Wozniak warned Facebook's CEO Mark Zuckerberg, via a national newspaper today, that shareholders can be distracting and demanding.

 

When a little crisis isn't a bad thing: Kohler

I was chatting yesterday to an internet entrepreneur and consultant in Sydney named Billy Tucker and asked him why there is a new internet boom going on that feels bigger, and much more substantial, than what happened in the 90s.

 

The gaps are closing between east and west after Australia's staggered housing boom: Joye

Today I want to try to add a new chapter to our understanding of Australia's $4 trillion housing market.

 

Franchisees of cafe chain win damages for incorrect estimates of turnover

A franchisee couple has been awarded $1.22 million in damages after a successful appeal against franchisor Billy Baxter’s, prompting an expert to highlight the importance of site selection.

 

Minutes show RBA cut 50 basis points because it knew banks wouldn't: Midday roundup

The Reserve Bank says it cut 50 basis points from the official cash rate last month because it knew the banks wouldn't pass on the full rate to consumers, according to the bank's latest minutes.

 

Survey reveals women are missing from the senior ranks of small business

Small- to medium-sized companies are lagging behind bigger companies in hiring and promoting women into their senior ranks, according to a new survey.

 

“I would invest in Facebook” – Apple co-founder Steve Wozniak will buy Facebook shares at any price

Apple co-founder Steve Wozniak has hit Australian shores – and the iconic techie has wasted no time in commenting on the upcoming Facebook initial public offering, saying he intends to buy shares no matter the cost.

 

Administrators of failed transport company 1st Fleet investigate alleged offences by company director

The managing director and owner of failed transport company 1st Fleet has left Australia for the United States while administrators investigate claims company directors have committed offences.

 



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