Tags Recession

Tag: Recession

Australia facing its worst economic contraction in history

The ABS confirmed Australia’s first recession since 1990 after recording two consecutive quarters of economic decline. After being hammered by the pandemic, bushfires and drought,...

Two actions SME owners must master as end of JobKeeper approaches

As end of JobKeeper approaches, here's two essential actions small business owners must master to survive 2020.  This July sees one of the toughest starts...

Australia’s recession: How will the economy bounce back?

It’s been almost 30 years since Australia last experienced a recession and almost 10 years since the country recorded a negative GDP growth, which...

‘Zombie businesses’ big future problem

With speculation that hundreds of businesses – dubbed ‘zombie businesses’ – are being propped up by Government stimulus and will potentially fold in September,...

Redundancies looming post-JobKeeper

The JobKeeper scheme has done incredibly well in terms of protecting many jobs and livelihoods, but it fails to address the looming problem of...

How SME owners can ride out the COVID-19 recession

Australian SME owners are bracing for an imminent recession, inflicted by the global coronavirus pandemic. Our recent survey of SMEs revealed that, in response to...

Australian SMEs concerned about impending recession

Australian SMEs are concerned about the impending recession, with business confidence plummeting to new lows, according to the ‘Canary in the Coal Mine’ report...

The value of mentors in times of crisis

Leigh Rust talks us through why mentors are of such value in times of crisis like the current coronavirus pandemic that we're facing.  The word...

RBA: Economy could start to bounce back in September

The Reserve Bank says the economy could start to bounce back in the September quarter as government begins to ease coronavirus restrictions towards the middle...

Virgin Australia to file for administration: reports

Virgin Australia has reportedly filed for voluntary administration as it's overwhelmed by massive debt brought on by the coronavirus lockdowns. An airline spokesman wouldn't comment...

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Can the battle over the US Supreme Court influence businesses beyond US borders?

The world has watched US politics this year with a mixture of dismay, amusement and confusion. One of the most controversial political...

PM unveils blueprint for Australia’s economic recovery in pre-budget speech

Today the Prime Minister Scott Morrison delivered his pre-budget speech on “arguably one of the most important” budgets since the end of...

Will we see more Australian businesses transact with cryptocurrency?

Cryptocurrencies have had a rocky road towards mainstream acceptance. In 2017, the CEO of JP Morgan, Jamie Dimon,...

Let’s Talk: Workplace bullying

Conflict management is an often overlooked but crucial skill to business and entrepreneurship. The ability to cultivate and maintain good relations is...

How DebtForce is helping businesses get paid on time, every time

Having customers adhere to your trading terms is a perennial challenge for business owners, and being paid on time can be the...

Emesent’s autonomous drones disrupt the mining space

Drone company Emesent is taking pilotless aircraft to new heights, with autonomous technology allowing miners to access unchartered spaces, and defence forces...

Responsible lending law reforms to boost credit

The Federal Government has announced changes to responsible lending laws in the hopes of boosting Australia's flow of credit. Under the changes,...

Aussie Broadband prepares to list despite pandemic disruptions

Aussie Broadband, Australia’s fifth largest provider of NBN services, is set to list on the ASX this October. The ISP will list...