Business
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Companies face crisis of confidence in business leaders: report
First 5000 | March 12, 2020Only 15% of business executives worldwide have confidence in their company’s own top leadership successfully to manage disruption – including unexpected events like pandemics, technological advances, shifting demographics and climate change.
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Gov in denial over industry challenges including unaffordable advice, need for financial literacy education
Paul Tynan | March 10, 2020A year after the Hayne Royal Commission, advice industry commentators continue to debate what the advisory sector will look like going forward.
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Alarming new data paints grim picture for SME payment times
First 5000 | March 9, 2020The Australian Small Business and Family Enterprise Ombudsman Kate Carnell says fresh data reveals small and medium sized businesses are waiting far too long to get paid.
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After running a successful business for 20 years, why do I feel like a failure?
Darren Woolley | March 6, 2020A business I founded in January 2000 is now 20 years old. It is quite an achievement, considering the Australian Bureau of Statistics says 60 per cent of business will fail in the first three years. But instead of feeling the achievement I am overwhelmed by a disturbing sense of failure.
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4 ways business owners can lower overhead costs
Keith Coppersmith | February 19, 2020Are you looking for ways to cut costs within your business? Keith Coppersmith has four simple suggestions to help your bottom line.
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Concerns about Bunnings’ Adelaide Tools deal: ACCC
First 5000 | February 19, 2020The ACCC has raised preliminary concerns that the proposed acquisition of Adelaide Tools and Oaklands Mower Centre by Bunnings may lessen competition in the market for tools and outdoor power equipment in Adelaide.
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J5 tax chiefs closing the net on global tax evasion
First 5000 | February 19, 2020Leaders from five international tax organisations have come together in Sydney, Australia this week to review the J5’s progress in their fight against transnational tax crime and set priorities for the year ahead.
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Leak at chemical plant costs company $242,000 after EPA action
First 5000 | February 18, 2020Sydney manufacturing company Jalco Australia Pty Limited has entered into an Enforceable Undertaking with the NSW Environment Protection Authority (EPA) to contribute $200,000 to a local environmental project following a water pollution incident.
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How to improve user experience as customer expectations rise
First 5000 | February 18, 2020Customers are essential to any business, which is why the user experience matters tremendously when it comes to business success. User expectations have risen with the evolution of new technology, as customers now expect mid-sized businesses to have the same standard of user experience as large organisations.
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Inquiry to review key initiatives in the Pacific that enhance opportunities for women and girls
First 5000 | February 17, 2020A new parliamentary inquiry will review how Australia can better engage with our Pacific neighbours to enhance opportunities for women and girls.
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Milestone for new Australian defence industry hub
First 5000 | February 17, 2020The first elements of the Military Vehicle Centre of Excellence (MILVEHCOE) will be handed over to Rheinmetall Defence Australia in Queensland today. The $5 billion program is creating an estimated 1,450 jobs across the country, including 330 jobs in Queensland.
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Why every businessperson should have a personal brand
First 5000 | February 17, 2020Every business owner should be building their own personal brand in addition to their business – because customers and clients connect with people, not products and services.
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Four expense management tips
First 5000 | February 14, 2020Businesses of all sizes need to always be on the lookout for how to reduce their costs, and this is especially true for medium sized businesses during expense reporting.
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2020 vision for business decision making
Stephanie Christopher | February 14, 2020The positive effect brought in by the start of a new year and decade seems to have inspired leaders to set clear visions and goals for the year ahead as well as finesse their five-year plans.
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Independence issues for internal auditors
First 5000 | February 10, 2020Internal auditors don’t just examine an organisation’s financials; they review all aspects of its operations to identify ways to help the organisation improve its performance.