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Business confidence has slumped to a record low and fear now "reigns supreme" as firms worry about the prospect of a global economic meltdown, a survey shows.
Business conditions have dropped to their lowest level in at least 14 years in the face of the global crisis and a slowing domestic economy, a new survey shows.
As the Australian dollar continues to slide towards to the US60c mark, importers and exporters are being crunched by the currency’s downwards spiral.
The Commissioner of Taxation recently released the ATO's Compliance Program for 2008-09 setting out the range of compliance activities for the ensuing year. Whilst the program breaks up small businesses into two segments, micro enterprises and small to medium enterprises, the areas of focus are much the same.
The Rudd Government’s great Christmas cash handout program is designed to prevent the Australia economy from sliding into recession in the next six to 12 months, or at least cushioning the blow if it does.
There have been two recent changes to the superannuation guarantee law which will impact on all employers.
The RBA board is almost certain to cut official interest rates when it meets next Tuesday, 7 October, but SMEs shouldn’t expect the cut to be passed through to commercial loans.
© AAP 2008" target="_blank" style="font-weight:bold;">Confidence amongst Australian employers sink
Australian employer confidence has hit a five year low as they work out what impact global economic instability will have on their businesses, a survey says.
One effect of the worsening credit crunch is that businesses can no longer rely on banks for financing to help smooth out cash flow shortages.
The rise of Malcolm Turnbull to the position of Liberal leader means the top echelon of Australian politics is now dominated by two men who understand entrepreneurship – and whose families have become wealthy because of it.