• Workplace Environment

    Leadership lessons: five critical success factors for distributed teams

    Nina Fountain |  September 13, 2019

    Leaders today are watching the proliferation of distributed teams. But how do you make them work? Nina Fountain of Transformed Teams uncovers five critical success factors.

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  • Workplace Relations

    More than 80 per cent of Asian-Australians experience discrimination: new study

    First 5000 |  September 13, 2019

    New research finds that many Asian-Australians experience discrimination in the workplace, which impacts on opportunities to move into senior leadership positions

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  • Red Tape

    Deregulation good for Australian small businesses

    First 5000 |  September 13, 2019

    The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell has welcomed the federal government’s latest commitment to cutting red tape and is looking forward to working closely with the deregulation taskforce on its key priorities.

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Latest News

  • Uncategorised

    Get on the virtual high street to boost business traffic

    Virginia Harrison     |      November 15, 2010

    Phil RobinsonLand more business with a tell-all approach – that’s the message from online marketing expert Phil Robinson, who sees many SMEs miss out on customers by failing to advertise effectively.  

    “You need to be fairly verbose about what you do, for it to come up on Google. So you really want to make sure that the answers to people’s questions are out there, online and on your website. If you don’t, you won’t be found,” Robinson says.

    Robinson is the Strategy Director for Hotfrog, a business idea he pitched in 2004 “to break the model of business directories.”

  • Surprise jump in jobless rate

    Virginia Harrison     |      November 11, 2010

    Australia’s jobless rate jumped in October, dampening short-term expectations of an interest rate hike by the Reserve Bank.

    The unemployment rate rose by 0.2 per cent to 5.4 per cent in October, and now sits at its highest level since April.  

  • Women need role models not targets to get to the top

    Virginia Harrison     |      November 11, 2010

    Women need mentors not gender targets to improve their numbers at senior management level, according to a group of top-performing businesswomen.

    Almost three quarters of respondents to a survey of winners and finalists in the 2010 Telstra Business Women’s Awards said mentoring programs for talented young women were vital for greater gender equality.

  • Cablex finds space in offshore markets

    Virginia Harrison     |      November 9, 2010

    Adapt to survive and thrive could be the motto for Melbourne-based company Cablex, which traded telecoms for the space race and built a multi-million dollar business.

    Nearly 30 years ago Michael Zimmer was working as an apprentice when he stumbled upon a gap in the engineering market.

  • Get set for the mobile revolution

    Virginia Harrison     |      November 8, 2010

    Forget the iPhone, it’s all about Android. Find out how harnessing the power of mobile phones could transform your business.   

    Shane Williamson is a telecommunications consultant who advises small through to large companies on how organizations can better utilise mobile technology.

    The self-described “technology evangelist” clients’ include Optus and Deloitte, as well as start-ups looking to enter the mobile market. 

  • Cyber-attacks on the rise for medium-size companies

    Virginia Harrison     |      November 4, 2010

    Cyber-attacks on medium-size companies are growing and most organisations fear a serious data breach would put them out of business.

    The global report by digital security company McAfee found more than half of the mid-size companies surveyed saw an increase in security incidents in the past year.

  • Business credit demand falls

    Virginia Harrison     |      November 3, 2010

    SMEs remain reluctant to take on credit but there are some indications that lending appetites on track to reach pre-GFC levels.

    The Veda Advantage Business Credit Demand Index fell 5.7 per cent in the last quarter on a year earlier. “Given the high cost of raising capital in the current market, many small to medium sized businesses are focusing on cost containment and growing existing business, rather than embarking on aggressive new customer acquisition strategies and other forms of business innovation,” Hamish Osborn, Head of Commercial Risk at Veda Advantage said.

  • Carbon cleansing – tips for SMEs on turning green

    Virginia Harrison     |      November 3, 2010

    Thinking about shifting your business into carbon neutral but not sure where to start?

    Pressure on big companies to take responsibility for their impact on the environment has resulted in a swelling of the carbon neutral club, with the National Australia Bank one of the latest companies to join the ranks. But business insights firm Dun & Bradstreet says this kind of corporate responsibility isn’t just for the top end of town.<--break->

  • RBA shocks with Melbourne Cup rate rise

    Virginia Harrison     |      November 2, 2010

    The Reserve Bank has delivered a surprise blow to borrowers by raising interest rates for the first time since May.

    The central bank lifted the official cash rate by a quarter of a per cent to 4.75 per cent. Most economists had tipped the RBA would leave rates unchanged in November after the release of soft inflation figures last week.   

  • Medium-size enterprises tougher than the rest

    Virginia Harrison     |      October 29, 2010

    Medium-sized enterprises demonstrated the highest survival rates during the economic downturn according to the latest report from the Australian Bureau of Statistics (ABS).

    Fewer new businesses were registered last year, to bring the number of actively trading enterprises in Australia down by 1 per cent. Australia has more than 2 million registered businesses. Medium-size enterprises held steady at 4 per cent of all actively trading businesses.

  • Success without profit – the business of giving

    Virginia Harrison     |      October 29, 2010

    BIG on heart but light on funds, the not-for-profit sector faces a unique set of survival challenges. Find out how Margaret Flynn turned a $3,000 budget into revenues of more than $10 million and helped thousands of people in the process.

    Flynn is the CEO of CentaCare Wilcannia-Forbes, an organisation which provides communities with counselling, youth and family support, and work-based education and training programs. It services around 200,000 people in western NSW, scattered across an area than spans more than half of the state.

  • Fresh challenges require smart strategies for business growth

    Virginia Harrison     |      October 29, 2010

    ACCESS to finance and currency fears are among the key concerns for businesses as they seek to drive growth and position for an economic upturn.

    The Australian Industry/Deloitte Private survey Growth Strategies for Business found improving market share, forming alliances and taking part in mergers are the leading strategies businesses are implementing for growth.

  • New time calls for new rules – First 5000 puts the individual back in business

    Peter Fritz     |      October 25, 2010

    When I was a child I must have hated authority. It might have been because I was brought up in a Communist country where authority was pervasive.

    I never wanted to be run by anybody but myself and that has stayed with me.

    I believe people should not have to ask permission to do things, or to have their thoughts filtered through others. In Australia we have a democratic framework which allows people to live their lives more or less the way they want to.

  • First 5000 & the NSW economy

    Barry Buffier     |      October 25, 2010

    On Wednesday 20 October 2010 I had the pleasure of being invited to say a few words at the launch of First 5000.

    I was actually standing in for the Minister for Small Business Frank Terenzini, who had to attend to some urgent business at the last minute. It was a great pleasure, because First 5000 ties in perfectly with my normal role.

    This blog is based on the address I gave on the day.

  • Uncategorised

    Middle Business Syndrome

    Virginia Harrison     |      October 19, 2010

    Virginia HarrisonAustralia is suffering from a clear case of middle-business syndrome. A highly-profitable but largely disconnected segment of the economic landscape exists without a united voice, or space to engage with one another.

    Small business is often described as the engine room of the Australian economy, while large corporations wield their own brand of power. Both groups enjoy strong united voices that shape policy decisions.

    But what lies the middle? Wedged in between these two well-represented groups is an often overlooked slice of the business landscape.