Australia is set to continue its strong resources lead economic recovery, returning to levels of prosperity not seen since the beginning of 2008. At least for resource rich states like Queensland and Western Australia concludes the latest Business Outlook report from Access Economics.
“Free” is being hailed as the Internet's natural and ultimate future – as evidenced by a growing cohort of bloggers who insist “free” is the only solution to content providers’ Internet woes. However, Ovum believes their economic logic is flawed, and that financing “free” through advertising alone requires a scale which is unlikely to be achieved in online entertainment unless the sector undergoes a radical revolution.
For many, if not most Aussie businesses, the global financial crisis followed by a broad and deep international recession plunged owners and managers into uncharted territory. Existing on a steady diet of growth and demand for years, and with few true tests of management and financial acumen, my view is that a fair few businesses were unprepared for the impacts of a new economic reality