Latest News
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Dear company, you are not in business to make money
Evan Leybourn | January 17, 2018Australian firms should identify and focus on their purpose, rather than their bottom line, to differentiate themselves from their competitors, offer real customer value and succeed in the 21st century.
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Government hails new crowdfunding opportunities
Kelly O'Dwyer | January 16, 2018The Commonwealth Government has welcomed the legalisation of more crowd funding opportunities for Australian firms.
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New regulations clear the way for ‘smart’ traffic solutions
First 5000 | January 16, 2018New regulations will encourage the development of ‘smart’ transport solutions to ease congestion in Australia’s crowded capitals.
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The sectors set to rise or fall in 2018
First 5000 | January 15, 2018IBISWorld’s business information analysts reveal the top five industries they expect to grow – or shrink – this year.
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Women fighting the gender pay gap need more than discrimination laws
Alice Orchiston | January 14, 2018Equal pay laws have not been enough to ensure women are paid fairly for the same work as men. A range of other measures are therefore required to achieve pay equality.
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Outsourcing v offshoring: Let’s clear up the confusion
Stephen Barnes | January 13, 2018The ideas of ‘outsourcing’ and ‘offshoring’ are often used interchangeably, but understanding the difference between the two concepts is vital to efficient business planning.
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New grant opportunities for innovative Victorian and Queensland SMEs
First 5000 | January 12, 2018Victorian SMEs can now apply for the latest round of development funds from their state government while 11 more Queensland firms have won Accelerate Small Business Grants.
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Get busy when business goes quiet
John Debenham | January 12, 2018The drop in retail trading that invariably follows Christmas and the New Year sales offers a good opportunity to assess and revitalise the digital side of your business.
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Business confidence hits a two-year high
First 5000 | January 11, 2018Australian business confidence is the highest since 2015, led by a manufacturing investing for growth on the back of healthy profits and sales, according to illion’s latest Business Expectations Survey.
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Australian firms issued new guidelines on reporting foriegn bribery
First 5000 | January 10, 2018The Federal Police and the Director of Public Prosecutions have released new guidance to help firms assess their responsibilities in self-reporting attempts of foreign bribery.
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Payment times improve but too many SMEs are still left waiting
First 5000 | January 9, 2018New figures suggest that Australia’s late payment culture is changing for the better but more remains to be done to ensure larger firms pay their suppliers on time.
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The heat is on employers to protect workers from the sun
First 5000 | January 8, 2018With record temperatures hitting several state capitals, the need for firms to ensure their workers are protected from the sun is now more important than ever.
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Is it time to replace reference checks?
Melissa Wheeler | January 7, 2018The ritual of securing references from job candidates tends to favour people from privileged backgrounds. Would alternative methods of assessment help mid-sized companies pick the best person for the job?
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The new user friendly guide to SME cyber security
First 5000 | January 6, 2018A new Cyber Security Best Practice Guide has been developed to help busy small and mid-sized businesses understand the risks of cyber crime and take simple but effective protection measures.
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Work related training in long term decline
First 5000 | January 5, 2018Despite repeated calls for a better skilled workforce, new ABS data shows the percentage of people undergoing workplace education and training continues to fall.